| REGISTERED NUMBER: |
| Triangle Information Management |
| (Holding) Ltd |
| Unaudited Financial Statements |
| for the Year Ended |
| 31 December 2024 |
| REGISTERED NUMBER: |
| Triangle Information Management |
| (Holding) Ltd |
| Unaudited Financial Statements |
| for the Year Ended |
| 31 December 2024 |
| Triangle Information Management |
| (Holding) Ltd (Registered number: 14315749) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Triangle Information Management |
| (Holding) Ltd |
| Company Information |
| for the Year Ended 31 December 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Unit 12 |
| Shottery Brook Office Park |
| Timothy's Bridge Road |
| Stratford upon Avon |
| Warwickshire |
| CV37 9NR |
| Triangle Information Management |
| (Holding) Ltd (Registered number: 14315749) |
| Balance Sheet |
| 31 December 2024 |
| 31.12.24 | 31.12.23 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Triangle Information Management |
| (Holding) Ltd (Registered number: 14315749) |
| Balance Sheet - continued |
| 31 December 2024 |
| The financial statements were approved by the director and authorised for issue on |
| Triangle Information Management |
| (Holding) Ltd (Registered number: 14315749) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| Triangle Information Management (Holding) Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The period was extended to 31 December 2023 in order to align the company year end with that of its subsidiary undertaking. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Triangle Information Management (Holding) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| Triangle Information Management |
| (Holding) Ltd (Registered number: 14315749) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 January 2024 |
| and 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 December 2023 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: Thames Tower, Station Road, Reading, Berkshire. RG1 1LX |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Aggregate capital and reserves |
| Profit/(loss) for the year/period | ( |
) |
| Registered office: 5 Clarendon Place, Leamington Spa, Warwickshire. CV32 5QL |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Aggregate capital and reserves |
| The above subsidiary is wholly owned by Triangle Information Management Limited. |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Other creditors |
| Directors' current accounts | 18,700 | 18,700 |
| Triangle Information Management |
| (Holding) Ltd (Registered number: 14315749) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Other creditors |
| The Other Creditors balances within both creditors due within a year and creditors due after more than one year above include a total of £222,701 which is the balance of the £300,000 of deferred consideration payable to the previous shareholders of the subsidiary undertaking. |
| Originally it was thought that the deferred consideration would be in the region of £700,000 but, due to unforeseen events during the 2023 and 2024 year, it was recalculated and reduced to the revised value as stated above. |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.24 | 31.12.23 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 8. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |