ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

Registered number: 11117460

TRIDEX GLOBAL LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2025

TRIDEX GLOBAL LIMITED

REGISTERED NUMBER: 11117460

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

	31 March	31 December
	2025	2023
Note	£	£

Fixed assets
Tangible assets	4		-		171,296
			-		171,296
Current assets
Debtors: amounts falling due within one year	5	-		13,806
Cash at bank and in hand		6,150		23,173
		6,150		36,979
Creditors: amounts falling due within one year	6	(23,346)		(227,339)
Net current liabilities			(17,196)		(190,360)
Total assets less current liabilities			(17,196)		(19,064)

Net liabilities			(17,196)		(19,064)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(17,296)	(19,164)
	(17,196)	(19,064)

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TRIDEX GLOBAL LIMITED

REGISTERED NUMBER: 11117460

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A R James

Director

Date: 25 September 2025

The notes on pages 3 to 7 form part of these financial statements.

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TRIDEX GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

Tridex Global Limited (11117460) is a private company limited by shares and incorporated in England & Wales. Its registered office is Innovation House Unit 18, Caker Stream Road, Mill Lane Industrial Estate, Alton, Hampshire, GU34 2QA.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

At the balance sheet date the company has net liabilities of £23,346 (2023 net liabilties of £19,064). The directors have confirmed that they will continue to support the company for the foreseeable future, therefore the accounts have been prepared on a going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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TRIDEX GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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TRIDEX GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.7

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property	-	2%	straight line basis
Plant and machinery	-	20%	straight line basis
Fixtures and fittings	-	25%	straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.10

Creditors

Short term creditors are measured at the transaction price.

2.11

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the period was 2 (2023 - 2).

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TRIDEX GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

4.	Tangible fixed assets

	Freehold property	Plant and machinery	Total
	£	£	£

At 1 January 2024	168,896	10,500	179,396
Disposals	(168,896)	(10,500)	(179,396)
At 31 March 2025	-	-	-

At 1 January 2024	6,001	2,100	8,101
Charge for the period on owned assets	4,222	2,625	6,847
Disposals	(10,223)	(4,725)	(14,948)
At 31 March 2025	-	-	-
Net book value
At 31 March 2025	-	-	-
At 31 December 2023	162,896	8,400	171,296

Debtors

					31 March	31 December
					2025	2023
					£	£


Amounts owed by group undertakings	-	100
Prepayments and accrued income	-	13,706
	-	13,806

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TRIDEX GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

Trade creditors	-	27,688
Amounts owed to group undertakings	-	80,463
Other taxation and social security	2,121	1,238
Other creditors	18,225	115,950
Accruals and deferred income	3,000	2,000
	23,346	227,339

7.	Related party transactions
	At the end of the year the company owed £- (2023 £80,462) to Traffi Safe Limited, a company controlled by Mr A and Mr V James.

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