ACCOUNTS - Final Accounts

Registered number: 06762616

TRIBEKA INVESTMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

TRIBEKA INVESTMENTS LIMITED

REGISTERED NUMBER: 06762616

BALANCE SHEET

AS AT 31 JANUARY 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		-		2,455
Current assets
Debtors: amounts falling due within one year	5	96,000		137,693
Cash at bank and in hand		1,455		665
		97,455		138,358
Creditors: amounts falling due within one year	6	(1,016,081)		(1,019,770)
Net current liabilities			(918,626)		(881,412)
Creditors: amounts falling due after more than one year	7		(6,963)		(8,568)

Net liabilities			(925,589)		(887,525)

Capital and reserves
Called up share capital	1	1
Profit and loss account	(925,590)	(887,526)
	(925,589)	(887,525)

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TRIBEKA INVESTMENTS LIMITED

REGISTERED NUMBER: 06762616

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2025

The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 on 28 October 2025.

J E Nuttall

Director

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

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TRIBEKA INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1.	General information

Tribeka Investments Limited is a private company limited by shares, incorporated in England and Wales (registered number: 06762616). Its registered office is 443 Handsworth Road, Handsworth, Sheffield, England, S13 9DD. The principal activities of the Company throughout the year continued to be that of property purchase, building and management.

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 Company’s functional and presentational currency is pounds sterling.

The following principal accounting policies have been applied:

2.2

Going concern

At 31 January 2025 the Company's liabilities exceeded its assets by £925,589 (2024: £887,525). The ability of the Company to meet its liabilities as they fall due is dependent on the future probability and cash generation of the Company. The directors are confident that the Company will be able to pay its debts as they fall due and accordingly these accounts are prepared on a going concern basis.

2.3

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:

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.

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TRIBEKA INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.5

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

The depreciation rates used are:

Plant & machinery	-	25%	reducing balance
Motor vehicles	-	25%	reducing balance
Fixtures & fittings	-	25%	reducing balance
Office equipment	-	25%	reducing balance

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.

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TRIBEKA INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.7

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

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TRIBEKA INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

4.	Tangible fixed assets

	Plant & machinery	Motor vehicles	Fixtures & fittings	Office equipment	Total
	£	£	£	£	£
Cost
At 1 February 2024	4,080	612	180	5,106	9,978
Transfers intra group	(4,080)	(612)	(180)	(5,106)	(9,978)
At 31 January 2025	-	-	-	-	-

At 1 February 2024	3,064	-	170	4,289	7,523
Transfers intra group	(3,064)	-	(170)	(4,289)	(7,523)
At 31 January 2025	-	-	-	-	-
Net book value
At 31 January 2025	-	-	-	-	-
At 31 January 2024	1,016	612	10	817	2,455

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	95,418	101,960
Amounts owed by related undertakings	-	29,987
Other debtors	582	5,746
	96,000	137,693

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TRIBEKA INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	1,607	1,607
Trade creditors	5,470	3,339
Amounts owed to group undertakings	1,006,896	1,008,978
Other taxation and social security	15	16
Other creditors	2,093	5,830
	1,016,081	1,019,770

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Bank loans	6,963	8,568

8.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £312 (2024: £271). Contributions totalling £23 (2024: £23) were payable to the fund at the balance sheet date and are included in creditors.

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