Company Registration No. SC519943 (Scotland)
Triscape Limited
Unaudited accounts
for the year ended 30 September 2023
Triscape Limited
Unaudited accounts
Contents
Triscape Limited
Company Information
for the year ended 30 September 2023
Directors
Keri-Anne Michelle Payne
David Robert Carry
Company Number
SC519943 (Scotland)
Registered Office
Railway Cottage
Bieldside
Aberdeen
AB15 9EU
Scotland
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
Triscape Limited
Statement of financial position
as at 30 September 2023
Intangible assets
1,418
2,098
Cash at bank and in hand
764
9,510
Creditors: amounts falling due within one year
(2,703)
(2,901)
Net current assets
1,726
6,609
Called up share capital
2
2
Profit and loss account
3,142
8,705
Shareholders' funds
3,144
8,707
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by
Keri-Anne Michelle Payne
Director
Company Registration No. SC519943
Triscape Limited
Notes to the Accounts
for the year ended 30 September 2023
Triscape Limited is a private company, limited by shares, registered in Scotland, registration number SC519943. The registered office is Railway Cottage, Bieldside, Aberdeen, AB15 9EU, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Interest income is recognised in profit or loss using the effective interest method.
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short term debtors are measured at transaction price, less any impairment. Loans receivables 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.
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.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation and amortised over 10 years.
Triscape Limited
Notes to the Accounts
for the year ended 30 September 2023
In preparing these financial statements, the directors have made the following judgements:
Determine whether there are indicators of impairment of the company’s intangible assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
4
Intangible fixed assets
Other
At 30 September 2023
10,830
At 30 September 2023
9,412
At 30 September 2023
1,418
At 30 September 2022
2,098
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,703
2,703
Loans from directors
-
198
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).