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REGISTERED NUMBER: 08062632 (England and Wales)









TRIAGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






TRIAGE LIMITED (REGISTERED NUMBER: 08062632)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRIAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: D Plummer





REGISTERED OFFICE: Three, Queen Street
London
W1J 5PA





REGISTERED NUMBER: 08062632 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

TRIAGE LIMITED (REGISTERED NUMBER: 08062632)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 43,357 40,690
Investments 5 201 55,064
43,558 95,754

CURRENT ASSETS
Debtors 6 329,717 605,232
Prepayments and accrued income 390 402
Cash at bank 22,779 80,535
352,886 686,169
CREDITORS
Amounts falling due within one year 7 697,755 951,071
NET CURRENT LIABILITIES (344,869 ) (264,902 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(301,311

)

(169,148

)

CREDITORS
Amounts falling due after more than one
year

8

29,924

34,497
NET LIABILITIES (331,235 ) (203,645 )

CAPITAL AND RESERVES
Called up share capital 1,170 1,170
Retained earnings (332,405 ) (204,815 )
SHAREHOLDERS' FUNDS (331,235 ) (203,645 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

TRIAGE LIMITED (REGISTERED NUMBER: 08062632)

BALANCE SHEET - continued
31 DECEMBER 2023


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

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 17 September 2024 and were signed by:





D Plummer - Director


TRIAGE LIMITED (REGISTERED NUMBER: 08062632)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Triage Limited is a private company, limited by shares , registered in England and Wales. 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 etc - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

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.

For trading in jurisdictions subject to Withholding Tax, the withholding tax has been included in turnover figures. Tax certificates are held in respect of withholding tax reclaimed through the Profit and Loss Account.


TRIAGE LIMITED (REGISTERED NUMBER: 08062632)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 60,687
Additions 18,504
At 31 December 2023 79,191
DEPRECIATION
At 1 January 2023 19,997
Charge for year 15,837
At 31 December 2023 35,834
NET BOOK VALUE
At 31 December 2023 43,357
At 31 December 2022 40,690

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 January 2023 201 54,863 55,064
Impairments - (54,863 ) (54,863 )
At 31 December 2023 201 - 201
NET BOOK VALUE
At 31 December 2023 201 - 201
At 31 December 2022 201 54,863 55,064

TRIAGE LIMITED (REGISTERED NUMBER: 08062632)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Farmview (Technology) Limited
Registered office: Three Queens Street, Mayfair, London, England, W1J 5PA
Nature of business: Dormant
%
Class of shares: holding
Ordinary 100.00
31.12.23 31.12.22
£    £   
Aggregate capital and reserves 1 1

Triage (Talent) Limited
Registered office: Three Queen Street, Mayfair, London, England, W1J 5PA
Nature of business: Dormant
%
Class of shares: holding
Ordinary 1.00
31.12.23 31.12.22
£    £   
Aggregate capital and reserves 100 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 953,511 1,940,332
Other debtors (623,794 ) (1,335,100 )
329,717 605,232

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,374 6,679
Trade creditors 2,778 12,983
Amounts owed to group undertakings 201 201
Taxation and social security 16,856 50,399
Other creditors 671,546 880,809
697,755 951,071

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 29,924 34,497

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,124 7,781