IRIS Accounts Production v24.2.0.383 SC592860 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5928602023-03-31SC5928602024-03-31SC5928602023-04-012024-03-31SC5928602022-03-31SC5928602022-04-012023-03-31SC5928602023-03-31SC592860ns15:Scotland2023-04-012024-03-31SC592860ns14:PoundSterling2023-04-012024-03-31SC592860ns10:Director12023-04-012024-03-31SC592860ns10:PrivateLimitedCompanyLtd2023-04-012024-03-31SC592860ns10:SmallEntities2023-04-012024-03-31SC592860ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC592860ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-31SC592860ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC592860ns10:AbridgedAccounts2023-04-012024-03-31SC592860ns10:RegisteredOffice2023-04-012024-03-31SC592860ns5:CurrentFinancialInstruments2024-03-31SC592860ns5:CurrentFinancialInstruments2023-03-31SC592860ns5:Non-currentFinancialInstruments2024-03-31SC592860ns5:Non-currentFinancialInstruments2023-03-31SC592860ns5:ShareCapital2024-03-31SC592860ns5:ShareCapital2023-03-31SC592860ns5:RetainedEarningsAccumulatedLosses2024-03-31SC592860ns5:RetainedEarningsAccumulatedLosses2023-03-31SC592860ns5:PlantMachinery2023-04-012024-03-31SC592860ns5:ComputerEquipment2023-04-012024-03-31SC592860ns5:RetainedEarningsAccumulatedLosses2023-03-31SC592860ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31SC5928601ns10:Director12023-03-31SC5928601ns10:Director12022-03-31SC5928601ns10:Director12023-04-012024-03-31SC5928601ns10:Director12022-04-012023-03-31SC5928601ns10:Director12024-03-31SC5928601ns10:Director12023-03-31
REGISTERED NUMBER: SC592860 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Tri-Square Construction Solutions Ltd

Tri-Square Construction Solutions Ltd (Registered number: SC592860)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Tri-Square Construction Solutions Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: H C Gallagher





REGISTERED OFFICE: 10 Newton Terrace
Charing Cross
Glasgow
G3 7PJ





REGISTERED NUMBER: SC592860 (Scotland)





ACCOUNTANTS: AMAS Murrison Limited
Chartered Accountants
10 Newton Terrace
Charing Cross
Glasgow
G3 7PJ

Tri-Square Construction Solutions Ltd (Registered number: SC592860)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 63,029 72,424

CURRENT ASSETS
Stocks 414,681 373,802
Debtors 38,230 65,319
Cash at bank and in hand 235,699 8,204
688,610 447,325
CREDITORS
Amounts falling due within one year 640,167 461,490
NET CURRENT ASSETS/(LIABILITIES) 48,443 (14,165 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,472

58,259

CREDITORS
Amounts falling due after more than one
year

(49,722

)

(89,917

)

PROVISIONS FOR LIABILITIES (13,739 ) (13,760 )
NET ASSETS/(LIABILITIES) 48,011 (45,418 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5 47,911 (45,518 )
48,011 (45,418 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Tri-Square Construction Solutions Ltd (Registered number: SC592860)

Abridged Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2024 and were signed by:





H C Gallagher - Director


Tri-Square Construction Solutions Ltd (Registered number: SC592860)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Tri-Square Construction Solutions Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Tri-Square Construction Solutions Ltd (Registered number: SC592860)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 152,949
Additions 9,451
At 31 March 2024 162,400
DEPRECIATION
At 1 April 2023 80,525
Charge for year 18,846
At 31 March 2024 99,371
NET BOOK VALUE
At 31 March 2024 63,029
At 31 March 2023 72,424

5. RESERVES
Retained
earnings
£   

At 1 April 2023 (45,518 )
Profit for the year 188,429
Dividends (95,000 )
At 31 March 2024 47,911

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
H C Gallagher
Balance outstanding at start of year 38,458 -
Amounts advanced - 38,458
Amounts repaid (31,042 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,416 38,458