0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 4,983 2,543 7,526 3,111 2,340 5,451 2,075 1,872 62,566 62,566 62,566 xbrli:pure xbrli:shares iso4217:GBP 04979151 2023-05-01 2024-04-30 04979151 2024-04-30 04979151 2023-04-30 04979151 2022-05-01 2023-04-30 04979151 2023-04-30 04979151 2022-04-30 04979151 bus:Director1 2023-05-01 2024-04-30 04979151 core:WithinOneYear 2024-04-30 04979151 core:WithinOneYear 2023-04-30 04979151 core:AfterOneYear 2024-04-30 04979151 core:AfterOneYear 2023-04-30 04979151 core:ShareCapital 2024-04-30 04979151 core:ShareCapital 2023-04-30 04979151 core:RetainedEarningsAccumulatedLosses 2024-04-30 04979151 core:RetainedEarningsAccumulatedLosses 2023-04-30 04979151 core:CostValuation core:Non-currentFinancialInstruments 2024-04-30 04979151 core:Non-currentFinancialInstruments 2024-04-30 04979151 core:Non-currentFinancialInstruments 2023-04-30 04979151 bus:SmallEntities 2023-05-01 2024-04-30 04979151 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 04979151 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 04979151 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04979151 bus:FullAccounts 2023-05-01 2024-04-30 04979151 core:ComputerEquipment 2023-05-01 2024-04-30 04979151 core:ComputerEquipment 2023-04-30 04979151 core:ComputerEquipment 2024-04-30
COMPANY REGISTRATION NUMBER: 04979151
TRIGLO LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 April 2024
TRIGLO LIMITED
STATEMENT OF FINANCIAL POSITION
30 April 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
2,075
1,872
Investments
5
62,566
62,566
--------
--------
64,641
64,438
CURRENT ASSETS
Stocks
6,447
7,875
Debtors
6
5,019
12,213
Cash at bank and in hand
45,795
60,366
--------
--------
57,261
80,454
CREDITORS: amounts falling due within one year
7
( 45,054)
( 49,606)
--------
--------
NET CURRENT ASSETS
12,207
30,848
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
76,848
95,286
CREDITORS: amounts falling due after more than one year
8
( 171,416)
( 176,426)
---------
---------
NET LIABILITIES
( 94,568)
( 81,140)
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
( 94,668)
( 81,240)
--------
--------
SHAREHOLDERS DEFICIT
( 94,568)
( 81,140)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
TRIGLO LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 April 2024
These financial statements were approved by the board of directors and authorised for issue on 23 January 2025 , and are signed on behalf of the board by:
The Hon S J Bellow
Director
Company registration number: 04979151
TRIGLO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 APRIL 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, West Yorkshire, LS1 4DJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The company is exempt from the requirement to prepare group accounts by virtue of section 398 of the Companies Act 2006. These financial statements therefore present information about the company as an individual undertaking and not about its group. The financial statements have been prepared on the going concern basis. The director considers the going concern basis to be appropriate and has confirmed his ongoing support.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Computer equipment
-
33% straight line
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TANGIBLE ASSETS
Computer Equipment
Total
£
£
Cost
At 1 May 2023
4,983
4,983
Additions
2,543
2,543
-------
-------
At 30 April 2024
7,526
7,526
-------
-------
Depreciation
At 1 May 2023
3,111
3,111
Charge for the year
2,340
2,340
-------
-------
At 30 April 2024
5,451
5,451
-------
-------
Carrying amount
At 30 April 2024
2,075
2,075
-------
-------
At 30 April 2023
1,872
1,872
-------
-------
5. INVESTMENTS
Unlisted
£
Cost
At 1 May 2023 and 30 April 2024
62,566
--------
Impairment
At 1 May 2023 and 30 April 2024
--------
Carrying amount
At 30 April 2024
62,566
--------
At 30 April 2023
62,566
--------
Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.
6. DEBTORS
2024
2023
£
£
Trade debtors
2,615
8,716
Other debtors
2,404
3,497
-------
--------
5,019
12,213
-------
--------
7. CREDITORS: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
5,000
5,000
Trade creditors
15,231
19,733
Amounts owed to group undertakings and undertakings in which the company has a participating interest
23,850
23,950
Other creditors
973
923
--------
--------
45,054
49,606
--------
--------
8. CREDITORS: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
5,439
10,449
Amounts due to related companies
165,977
165,977
---------
---------
171,416
176,426
---------
---------