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REGISTERED NUMBER: 11606874 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Tribera Limited

Tribera Limited (Registered number: 11606874)






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


Tribera Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: F Nolan
A Picart





REGISTERED OFFICE: Tribera Floor 23
Alpha Tower
Suffolk Street Queensway
Birmingham
West Midlands
B1 1TT





REGISTERED NUMBER: 11606874 (England and Wales)





ACCOUNTANTS: Locke Williams Associates LLP
Chartered Accountants
c/o Blackthorn House
St Pauls Square
Birmingham
West Midlands
B3 1RL

Tribera Limited (Registered number: 11606874)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,843 5,737
Tangible assets 5 66,428 27,352
71,271 33,089

CURRENT ASSETS
Debtors 6 646,129 567,642
Cash at bank 730,678 571,335
1,376,807 1,138,977
CREDITORS
Amounts falling due within one year 7 678,939 592,022
NET CURRENT ASSETS 697,868 546,955
TOTAL ASSETS LESS CURRENT
LIABILITIES

769,139

580,044

PROVISIONS FOR LIABILITIES 15,624 5,197
NET ASSETS 753,515 574,847

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 753,514 574,846
SHAREHOLDERS' FUNDS 753,515 574,847

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 directors acknowledge their 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.

Tribera Limited (Registered number: 11606874)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:




F Nolan - Director



A Picart - Director


Tribera Limited (Registered number: 11606874)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Tribera 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 25% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Tribera Limited (Registered number: 11606874)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 8,925
AMORTISATION
At 1 January 2023 3,188
Charge for year 894
At 31 December 2023 4,082
NET BOOK VALUE
At 31 December 2023 4,843
At 31 December 2022 5,737

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 49,728
Additions 53,017
At 31 December 2023 102,745
DEPRECIATION
At 1 January 2023 22,376
Charge for year 13,941
At 31 December 2023 36,317
NET BOOK VALUE
At 31 December 2023 66,428
At 31 December 2022 27,352

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 573,005 439,023
Other debtors 73,124 128,619
646,129 567,642

Tribera Limited (Registered number: 11606874)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 81,414 127,409
Taxation and social security 307,181 282,844
Other creditors 290,344 181,769
678,939 592,022

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 75,583 67,621
Between one and five years 368,958 372,187
In more than five years - 82,708
444,541 522,516

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
120 Ordinary shares £0.01 1 1

10. RESERVES
Retained
earnings
£   

At 1 January 2023 574,846
Profit for the year 484,916
Dividends (306,248 )
At 31 December 2023 753,514