IRIS Accounts Production v25.1.4.42 13095839 Board of Directors Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh130958392023-12-31130958392024-12-31130958392024-01-012024-12-31130958392022-12-31130958392023-01-012023-12-31130958392023-12-3113095839ns15:EnglandWales2024-01-012024-12-3113095839ns14:PoundSterling2024-01-012024-12-3113095839ns10:Director12024-01-012024-12-3113095839ns10:Director22024-01-012024-12-3113095839ns10:Director32024-01-012024-12-3113095839ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3113095839ns10:SmallEntities2024-01-012024-12-3113095839ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3113095839ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3113095839ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3113095839ns10:FullAccounts2024-01-012024-12-3113095839ns10:RegisteredOffice2024-01-012024-12-3113095839ns5:CurrentFinancialInstruments2024-12-3113095839ns5:CurrentFinancialInstruments2023-12-3113095839ns5:ShareCapital2024-12-3113095839ns5:ShareCapital2023-12-3113095839ns5:SharePremium2024-12-3113095839ns5:SharePremium2023-12-3113095839ns5:RetainedEarningsAccumulatedLosses2024-12-3113095839ns5:RetainedEarningsAccumulatedLosses2023-12-3113095839ns5:ComputerEquipment2024-01-012024-12-3113095839ns5:ComputerEquipment2023-12-3113095839ns5:ComputerEquipment2024-12-3113095839ns5:ComputerEquipment2023-12-3113095839ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3113095839ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3113095839ns5:DeferredTaxation2023-12-3113095839ns5:DeferredTaxation2024-01-012024-12-3113095839ns5:DeferredTaxation2024-12-31
REGISTERED NUMBER: 13095839 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TRITALION LIMITED

TRITALION LIMITED (REGISTERED NUMBER: 13095839)

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


TRITALION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: F B J A Beuzelin
F A Combes
J Goncalves





REGISTERED OFFICE: 49 Greek Street
London
W1D 4EG





REGISTERED NUMBER: 13095839 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

TRITALION LIMITED (REGISTERED NUMBER: 13095839)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,198 2,983

CURRENT ASSETS
Debtors 5 276,752 66,430
Cash at bank 1,481,575 1,321,432
1,758,327 1,387,862
CREDITORS
Amounts falling due within one year 6 527,982 466,304
NET CURRENT ASSETS 1,230,345 921,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,231,543

924,541

PROVISIONS FOR LIABILITIES 7 300 746
NET ASSETS 1,231,243 923,795

CAPITAL AND RESERVES
Called up share capital 75 75
Share premium 100,500 100,500
Retained earnings 1,130,668 823,220
SHAREHOLDERS' FUNDS 1,231,243 923,795

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

TRITALION LIMITED (REGISTERED NUMBER: 13095839)

BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by:




F A Combes - Director J Goncalves - Director




F B J A Beuzelin - Director


TRITALION LIMITED (REGISTERED NUMBER: 13095839)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Tritalion Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover and the particulars of turnover, as required to be disclosed by the Companies Act respectively, are not valid business measures of the derivative trading activity in view of the nature of the business. The definition of turnover for this activity is not clear cut and has been taken to be the net trading profits (before commissions and fees) generated by this activity.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

TRITALION LIMITED (REGISTERED NUMBER: 13095839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024
and 31 December 2024 5,355
DEPRECIATION
At 1 January 2024 2,372
Charge for year 1,785
At 31 December 2024 4,157
NET BOOK VALUE
At 31 December 2024 1,198
At 31 December 2023 2,983

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 276,460 65,527
Prepayments 292 903
276,752 66,430

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 340,182 340,182
Tax 185,755 124,251
Other creditors 104 73
Directors' current accounts 12 12
Accrued expenses 1,929 1,786
527,982 466,304

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 300 746

Deferred
tax
£   
Balance at 1 January 2024 746
Provided during year (446 )
Balance at 31 December 2024 300

TRITALION LIMITED (REGISTERED NUMBER: 13095839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £113,394 (2023 - £113,394) to Avabuzz Ltd. Interest of £11,340 (2023 - £11,340) was charged. Mr F Beuzelin is a director of Avabuzz Ltd and this company is a 33% shareholder in Tritalion Limited .

At the balance sheet date the company owed £113,394 (2023 - £113,394) to Qwaly Ltd. Interest of £11,340 (2023 - £11,340) was charged. Mr J Goncalves is a director of Qwaly Ltd and this company is a 33% shareholder in Tritalion Limited.

At the balance sheet date the company owed £113,394 (2023 - £113,394) to Wandentine Limited. Interest of £11,340 (2023 - £11,340) was charged. Mr F Combes is a director of Wandentine Limited and this company is a 33% shareholder in Tritalion Limited.

9. ULTIMATE CONTROLLING PARTY

There is no Ultimate Controlling Party.