Company Registration No. 09510363 (England and Wales)
TREEX LTD
Unaudited accounts
for the year ended 31 December 2024
TREEX LTD
Unaudited accounts
Contents
TREEX LTD
Company Information
for the year ended 31 December 2024
Directors
G M Merkado
I Menabde
M D J Belsham
A Nekrassov
Company Number
09510363 (England and Wales)
Registered Office
C/O Peachey & Co Llp
95 Aldwych
London
WC2B 4JF
England
TREEX LTD
Statement of financial position
as at 31 December 2024
Tangible assets
11,280
16,920
Cash at bank and in hand
42,068
179,527
Creditors: amounts falling due within one year
(2,737,245)
(2,025,418)
Net current liabilities
(2,310,919)
(1,443,635)
Total assets less current liabilities
(2,299,639)
(1,426,715)
Provisions for liabilities
Other provisions
(68,593)
(85,831)
Net liabilities
(2,368,232)
(1,512,546)
Called up share capital
1
1
Capital contribution reserve
3,749,564
3,749,564
Profit and loss account
(6,117,797)
(5,262,111)
Shareholders' funds
(2,368,232)
(1,512,546)
For the year ending 31 December 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 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 February 2025 and were signed on its behalf by
G M Merkado
Director
Company Registration No. 09510363
TREEX LTD
Notes to the Accounts
for the year ended 31 December 2024
TREEX LTD is a private company, limited by shares, registered in England and Wales, registration number 09510363. The registered office is C/O Peachey & Co Llp, 95 Aldwych, London, WC2B 4JF, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
3,183
62,715
65,898
At 31 December 2024
3,183
62,715
65,898
At 1 January 2024
2,203
46,775
48,978
Charge for the year
327
5,313
5,640
At 31 December 2024
2,530
52,088
54,618
At 31 December 2024
653
10,627
11,280
At 31 December 2023
980
15,940
16,920
TREEX LTD
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
323,131
339,382
Accrued income and prepayments
59,347
57,542
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
106
-
Trade creditors
247,185
148,081
Amounts owed to group undertakings and other participating interests
1,380,855
1,132,333
Taxes and social security
482,842
104,885
Other creditors
15,478
6,226
Deferred income
555,831
552,688
7
Average number of employees
During the year the average number of employees was 12 (2023: 21).