REGISTERED NUMBER: 14850080 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Triple Invest Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Remon Jager

Miss Tanina Nobuko Smeding

REGISTERED OFFICE:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

REGISTERED NUMBER:

14850080 (England and Wales)

FIXED ASSETS

Investment property

4

1,286,357

148,333

CURRENT ASSETS

Debtors

5

71,638

3,288

Cash at bank

18,173

96,801

89,811

100,089

CREDITORS

Amounts falling due within one year

6

652,811

1,569

NET CURRENT (LIABILITIES)/ASSETS

(563,000

)

98,520

TOTAL ASSETS LESS CURRENT LIABILITIES

723,357

246,853

CREDITORS

Amounts falling due after more than one year

7

(970,323

)

(259,231

)

PROVISIONS FOR LIABILITIES

(12,686

)

-

NET LIABILITIES

(259,652

)

(12,378

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

70,217

-

Retained earnings

(329,969

)

(12,478

)

SHAREHOLDERS' FUNDS

(259,652

)

(12,378

)

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.

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 7 October 2025 and were signed on its behalf by:

Mr Remon Jager - Director

1.	STATUTORY INFORMATION

Triple Invest Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment properties that are complete and available for letting are measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss in the period in which they arise. Properties that are under refurbishment or not yet capable of being let are carried at cost, as fair value cannot be reliably determined at the balance sheet date.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company has net liabilities of £259,652. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

148,333

Additions

1,055,121

Revaluations

82,903

At 31 December 2024

1,286,357

NET BOOK VALUE

At 31 December 2024

1,286,357

At 31 December 2023

148,333

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

82,904

Cost

1,203,453

1,286,357

Investment property situated at 2 Bower Terrace, Droylsden, Manchester, M43 7GQ is under a charge from Together Commercial Finance Limited. The charge was created on 17 January 2024.

Investment property situated at 110 Hope Street Dukinfield SK16 4ND and 122 Tithe Barn Road, Stockton-On-Tees, TS19 8PR are under a charge from Romaco Spv 6 Limited. The charge was created on 17 July 2024.

Investment property situated at 5 Kristine Close, Grimsby DN32 9SD is under a charge from Ms Lending Spv 1 Limited. The charge was created on 21 November 2024.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

71,638

3,288

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

616,670

-

Other creditors

36,141

1,569

652,811

1,569

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

970,323

259,231

8.	SECURED DEBTS

The loan amounting to £129,000 is secured by the way of charge on the property situated at 2 Bower Terrace, Droylsden, Manchester, M43 7GQ (disclosed as investment property). The charge was created in the name of Together Commercial Finance Limited on 17 January 2024.

The loan amounting to £138,320 is secured by the way of charge on the property situated at 110 Hope Street Dukinfield SK16 4ND and 122 Tithe Barn Road, Stockton-On-Tees, TS19 8PR (disclosed as investment properties). The charge was created in the name of Romaco Spv 6 Limited on 17 July 2024.

The loan amounting to £349,350 is secured by the way of charge on the property situated at 5 Kristine Close, Grimsby DN32 9SD (disclosed as investment property). The charge was created in the name of Ms Lending Spv 1 Limited on 21 November 2024.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

Transfer to from

70,217

At 31 December 2024

70,217

11.	RELATED PARTY DISCLOSURES

The company owes £970,323 including €1,164,000 (2023: £259,231 including €299,000) to T.N. Smeding Holding B.V, a company registered in Netherlands, Miss Tanina Nobuko Smeding is also a director of the company as at accounting year end date.

The company owes £150 to its director, Mr Remon Jager who is also a 50% shareholder of the company as at accounting year end date.

The company owes £150 to its director, Miss Tanina Nobuko Smeding who is also a 50% shareholder of the company as at accounting year end date.

The company was owed £1,123 from Triple Trading Ltd, a company registered in United Kingdom (Company registered number: 15654367) as at accounting year end date. Mr Remon Jager and Miss Tanina Nobuko Smeding are also directors of this company.