Tritonville Investments Ltd - Filleted accounts

Registered number

12026817

Tritonville Investments Ltd

Filleted Accounts

31 October 2024

Tritonville Investments Ltd
Registered number:		12026817
Balance Sheet
as at 31 October 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		1,822,783			1,773,765
Investments	4		80,798			362,837
			1,903,581			2,136,602

Current assets
Debtors	5	54,978			9,925
Investments held as current assets	6	1,862,449			1,812,674
Cash at bank and in hand		1,574,296			641,339
		3,491,723			2,463,938

Creditors: amounts falling due within one year	7	(1,043,321)			(27,949)

Net current assets			2,448,402			2,435,989

Total assets less current liabilities			4,351,983			4,572,591


Provisions for liabilities			(50,605)			(66,428)


Net assets			4,301,378			4,506,163

Capital and reserves
Called up share capital			100			100
Share premium			298,625			298,625
Profit and loss account			4,002,653			4,207,438

Shareholder's funds			4,301,378			4,506,163

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 member has 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.


Adam Rooney
Director
Approved by the board on 31 October 2025

Tritonville Investments Ltd
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).

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 4 years
	Fixtures, fittings, tools and equipment			over 4 years

	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. There are £414,932 of loan notes which relate to investments held in companies that have entered into liqudation post 31/10/2024. The fair value cannot be reliably measured and these values are held at cost.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					0		0


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2023	1,750,000		9,986		18,607		1,778,593
	Additions	25,852		7,879		-		33,731
	Surplus on revaluation	24,148		-		-		24,148
	At 31 October 2024	1,800,000		17,865		18,607		1,836,472

	Depreciation
	At 1 November 2023	-		3,665		1,163		4,828
	Charge for the year	-		4,209		4,652		8,861
	At 31 October 2024	-		7,874		5,815		13,689

	Net book value
	At 31 October 2024	1,800,000		9,991		12,792		1,822,783
	At 31 October 2023	1,750,000		6,321		17,444		1,773,765


4	Investments

Other
investments
£
	Cost
	At 1 November 2023							362,837
	Additions							44,223
	Revaluation							(1,895)
	Disposals							(324,367)

	At 31 October 2024							80,798


5	Debtors					2024		2023
£							£

	Other debtors					54,978		9,925


6	Investments held as current assets					2024		2023
£							£
	Fair value
	Unlisted investments					1,862,449		1,812,674

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments					(1,895)		(27,327)
	Unlisted investments					24,148		70,700
						22,253		43,373



7	Creditors: amounts falling due within one year					2024		2023
£							£

	Trade creditors					1,053		1,176
	Taxation and social security costs					5,688		24,204
	Other creditors					1,036,580		2,569
						1,043,321		27,949


8	Other information

	Tritonville Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	56 Leman St
	Whitechapel
	London
	E1 8EU