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Company Registration No. 03031156 (England and Wales)
Triangle Architects Limited Unaudited accounts for the year ended 28 February 2025
Triangle Architects Limited Unaudited accounts Contents
Page
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Triangle Architects Limited Company Information for the year ended 28 February 2025
Directors
Alison Joy Duxbury Barry Peter Murphy Harvinder Singh Randhawa Mark Trayhorn
Company Number
03031156 (England and Wales)
Registered Office
Lower Ground Floor 4 Jordan Street Manchester Manchester M15 4PY United Kingdom
Accountants
Joy Noakes 3 Crummock Close Little Lever Bolton Lancs BL3 1UG
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Triangle Architects Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,624 
15,531 
Current assets
Inventories
42,313 
46,194 
Debtors
189,806 
252,487 
Cash at bank and in hand
70,044 
29,519 
302,163 
328,200 
Creditors: amounts falling due within one year
(91,300)
(155,271)
Net current assets
210,863 
172,929 
Total assets less current liabilities
223,487 
188,460 
Creditors: amounts falling due after more than one year
(23,333)
(43,552)
Net assets
200,154 
144,908 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
200,150 
144,904 
Shareholders' funds
200,154 
144,908 
For the year ending 28 February 2025 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 18 August 2025 and were signed on its behalf by
Barry Peter Murphy Director Company Registration No. 03031156
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Triangle Architects Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Triangle Architects Limited is a private company, limited by shares, registered in England and Wales, registration number 03031156. The registered office is Lower Ground Floor, 4 Jordan Street, Manchester, Manchester, M15 4PY, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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
20% Straight line
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Triangle Architects Limited Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
36,900 
19,758 
39,771 
96,429 
Additions
- 
1,450 
280 
1,730 
At 28 February 2025
36,900 
21,208 
40,051 
98,159 
Depreciation
At 1 March 2024
35,043 
12,804 
33,051 
80,898 
Charge for the year
618 
1,682 
2,337 
4,637 
At 28 February 2025
35,661 
14,486 
35,388 
85,535 
Net book value
At 28 February 2025
1,239 
6,722 
4,663 
12,624 
At 29 February 2024
1,857 
6,954 
6,720 
15,531 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
176,683 
233,223 
Accrued income and prepayments
13,121 
19,262 
Other debtors
2 
2 
189,806 
252,487 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
20,000 
20,000 
VAT
53,326 
55,367 
Trade creditors
5,262 
16,117 
Taxes and social security
(640)
34,845 
Other creditors
3,341 
3,286 
Accruals
10,011 
25,656 
91,300 
155,271 
Other Creditors relates to Pension costs and Credit cards R&D Tax uplift of £148,252 offset the Companies Corporation Tax liability for the year and produced a refund of ££89.79 for the prior year
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
23,333 
43,333 
Taxes and social security
- 
219 
23,333 
43,552 
Coronavirus Business Interruption Loan
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Triangle Architects Limited Notes to the Accounts for the year ended 28 February 2025
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £0.01 each
2 
2 
2 Redeemable Preference of £1 each
2 
2 
4 
4 
9
Operating lease commitments
2025 
2024 
£ 
£ 
At 28 February 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
44,930 
41,256 
Later than one year and not later than five years
149,708 
140,160 
194,638 
181,416 
10
Guarantees provided on behalf of directors
The company had total guarantees and commitments relating to its parent company, Triangle Trustees Limited, of £229,135 (2024 - £297,135) at the balance sheet date. A charge is held over the company's assets in respect of these guarantees.
11
Average number of employees
During the year the average number of employees was 9 (2024: 9).
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