Registered number
09816066
TRISTAR WEALTH LIMITED
Filleted Accounts
31 October 2024
TRISTAR WEALTH LIMITED
Registered number: 09816066
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 508,028 499,509
Cash at bank and in hand - 10,841
508,028 510,350
Creditors: amounts falling due within one year 4 - (1,806)
Net current assets 508,028 508,544
Total assets less current liabilities 508,028 508,544
Creditors: amounts falling due after more than one year 5 (27,000) (27,000)
Net assets 481,028 481,544
Capital and reserves
Called up share capital 500,000 500,000
Profit and loss account (18,972) (18,456)
Shareholders' funds 481,028 481,544
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.
K K Bahl
Director
Approved by the board on 26 July 2025
TRISTAR WEALTH LIMITED
Notes to the Accounts
for the year ended 31 October 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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Other debtors 508,028 499,509
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors - 1,806
5 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 27,000 27,000
6 Other information
TRISTAR WEALTH LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Sinckot House
211 Station Road
Harrow
HA1 2TP
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