Acorah Software Products - Accounts Production 16.0.110 false true true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 12474897 Mr Michael Smith Mr Andrew Smith Mr Thomas Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12474897 2023-02-28 12474897 2024-02-28 12474897 2023-03-01 2024-02-28 12474897 frs-core:CurrentFinancialInstruments 2024-02-28 12474897 frs-core:Non-currentFinancialInstruments 2024-02-28 12474897 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-28 12474897 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-28 12474897 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-28 12474897 frs-core:ShareCapital 2024-02-28 12474897 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 12474897 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 12474897 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 12474897 frs-bus:SmallEntities 2023-03-01 2024-02-28 12474897 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 12474897 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 12474897 frs-bus:Director1 2023-03-01 2024-02-28 12474897 frs-bus:Director2 2023-03-01 2024-02-28 12474897 frs-bus:Director3 2023-03-01 2024-02-28 12474897 frs-countries:EnglandWales 2023-03-01 2024-02-28 12474897 2022-02-28 12474897 2023-02-28 12474897 2022-03-01 2023-02-28 12474897 frs-core:CurrentFinancialInstruments 2023-02-28 12474897 frs-core:Non-currentFinancialInstruments 2023-02-28 12474897 frs-core:ShareCapital 2023-02-28 12474897 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 12474897
Triple Smith Investments Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
CORNEL Accountants Limited
129 Station Road
Amersham
Buckinghamshire
HP7 0AH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12474897
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 295,405 295,405
295,405 295,405
CURRENT ASSETS
Debtors 5 - 133
Cash at bank and in hand 4,597 1,435
4,597 1,568
Creditors: Amounts Falling Due Within One Year 6 (112,763 ) (110,877 )
NET CURRENT ASSETS (LIABILITIES) (108,166 ) (109,309 )
TOTAL ASSETS LESS CURRENT LIABILITIES 187,239 186,096
Creditors: Amounts Falling Due After More Than One Year 7 (199,764 ) (199,764 )
NET LIABILITIES (12,525 ) (13,668 )
CAPITAL AND RESERVES
Called up share capital 9 300 300
Profit and Loss Account (12,825 ) (13,968 )
SHAREHOLDERS' FUNDS (12,525) (13,668)
Page 1
Page 2
For the year ending 28 February 2024 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michael Smith
Director
29th November 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Triple Smith Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12474897 . The registered office is 129 Station Road, Amersham, Buckinghamshire, HP7 0AH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors believe the company has sufficient support and resources to meet its obligations, if and when they fall due. The directors are therefore of the opinion that it is appropriate to prepare the financial statements on the going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Nil
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 March 2023 295,405
As at 28 February 2024 295,405
Net Book Value
As at 28 February 2024 295,405
As at 1 March 2023 295,405
Investment property is property held to earn rentals and/or for capital appreciation investment in long leasehold residential property. 
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5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 133
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,025 1,025
Bank loans and overdrafts 6,486 6,486
Other creditors 1,400 -
Accruals and deferred income 173 -
Directors' loan accounts 103,679 103,366
112,763 110,877
Included in creditors, is a £1,400 (2023 : £NIL) rental deposit held by the company.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 199,764 199,764
8. Secured Creditors
Of the creditors the following amounts are secured in respect of a residential buy-to-let mortgage.
2024 2023
£ £
Bank loans and overdrafts 206,250 206,250
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
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