Registered number
05897043
Triple Star Fire and Security Limited
Filleted Accounts
for the year ended
31 August 2024
Triple Star Fire and Security Limited
Registered number: 05897043
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 71,020 67,988
Current assets
Stocks 18,784 66,670
Debtors 4 306,400 404,448
Cash at bank and in hand 258,856 122,720
584,040 593,838
Creditors: amounts falling due within one year 5 (405,356) (478,769)
Net current assets 178,684 115,069
Total assets less current liabilities 249,704 183,057
Creditors: amounts falling due after more than one year 6 (55,558) (112,934)
Provisions for liabilities (15,911) (17,282)
Net assets 178,235 52,841
Capital and reserves
Called up share capital 2,100 2,100
Profit and loss account 176,135 50,741
Shareholders' funds 178,235 52,841
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Pool
Director
Approved by the board on 30 April 2025
Triple Star Fire and Security Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Office equipment over 3 years
Furniture and fixtures over 5 years
Motor vehicles over 4 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 11 11
3 Tangible fixed assets
Plant & machinery Office equipment Furniture & fixtures Motor vehicles Total
£ £ £ £ £
Cost
At 1 September 2023 9,264 9,973 34,073 122,703 176,013
Additions 146 18,039 8,106 - 26,291
Disposals - - - (1,082) (1,082)
At 31 August 2024 9,410 28,012 42,179 121,621 201,222
Depreciation
At 1 September 2023 5,814 9,054 30,869 62,288 108,025
Charge for the year 1,490 3,545 2,964 15,051 23,050
On disposals - - - (873) (873)
At 31 August 2024 7,304 12,599 33,833 76,466 130,202
Net book value
At 31 August 2024 2,106 15,413 8,346 45,155 71,020
At 31 August 2023 3,450 919 3,204 60,415 67,988
4 Debtors 2024 2023
£ £
Trade debtors 233,422 330,493
Other debtors 72,978 73,955
306,400 404,448
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 46,000 46,000
Obligations under finance lease and hire purchase contracts 11,138 17,412
Trade creditors 220,275 322,570
Taxation and social security costs 126,874 75,300
Other creditors 1,069 17,487
405,356 478,769
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 44,971 90,969
Obligations under finance lease and hire purchase contracts 10,587 21,965
55,558 112,934
7 Other information
Triple Star Fire and Security Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2, Murray Business Centre
Murray Road
Orpington
Kent
BR5 3RE
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