REGISTERED NUMBER: 07039452 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

TRIANGLE CONSULTING SOCIAL ENTERPRISE

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Owen

M Buss

A E Small

REGISTERED OFFICE:

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

REGISTERED NUMBER:

07039452 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Intangible assets

4

52,689

87,879

Tangible assets

5

4,024

10,006

56,713

97,885

CURRENT ASSETS

Stocks

32,247

39,907

Debtors

6

476,798

480,701

Cash at bank and in hand

826,929

663,343

1,335,974

1,183,951

CREDITORS

Amounts falling due within one year

7

(429,846

)

(418,487

)

NET CURRENT ASSETS

906,128

765,464

TOTAL ASSETS LESS CURRENT LIABILITIES

962,841

863,349

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

962,839

863,347

SHAREHOLDERS' FUNDS

962,841

863,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 10 December 2025 and were signed on its behalf by:

S J Owen - Director

1.	STATUTORY INFORMATION

Triangle Consulting Social Enterprise Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office address and business address can be found on the Company Information page.

The presentational currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents revenue earned under a variety of contracts to provide consultancy services. Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients excluding value added tax.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

Intangible assets

Intangible assets are initially measured at cost, After initial recognition, intangible assets are measure at cost less any accumulated amortisation and accumulated impairment losses.

Patents and licenses are being amortised evenly over their estimated useful life of five years.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful economic life.

Fixtures & fittings

-

straight line over 10 years

Computer equipment

-

straight line over 3 years

Impairment policy

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Financial instruments

Financial assets, liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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

The contributions are recognised as an expense in the income statement when they fall due. Amounts owed but not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 29 ) .

4.	INTANGIBLE FIXED ASSETS

Patents and

Computer

licences

software

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

32,000

396,899

428,899

AMORTISATION

At 1 April 2024

32,000

309,020

341,020

Amortisation for year

-

35,190

35,190

At 31 March 2025

32,000

344,210

376,210

NET BOOK VALUE

At 31 March 2025

-

52,689

52,689

At 31 March 2024

-

87,879

87,879

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

3,917

63,502

67,419

Additions

-

667

667

At 31 March 2025

3,917

64,169

68,086

DEPRECIATION

At 1 April 2024

3,179

54,234

57,413

Charge for year

350

6,299

6,649

At 31 March 2025

3,529

60,533

64,062

NET BOOK VALUE

At 31 March 2025

388

3,636

4,024

At 31 March 2024

738

9,268

10,006

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

360,765

319,897

Amounts owed by group undertakings

2,390

1,680

Other debtors

113,643

159,124

476,798

480,701

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

25,631

21,149

Taxation and social security

195,515

200,343

Other creditors

208,700

196,995

429,846

418,487

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 April 2024

863,347

Profit for the year

256,749

Contribution to employee ownership trust

(157,257

)

At 31 March 2025

962,839

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption available under FRS 102 whereby it has not disclosed transactions with Shapes Social Enterprise Limited, the ultimate parent company.

11.	ULTIMATE CONTROLLING PARTY

Triangle Consulting Social Enterprise Corporate Trustee Limited holds 100% of the share capital in Shapes Social Enterprise Limited in its capacity as corporate trustee for the Triangle Consulting Social Enterprise Employee Ownership Trust. It does not produce consolidated accounts as there is no requirement to do so.

Shapes Social Enterprise Limited owns 100% of the share capital of Triangle Consulting Social Enterprise Limited.

The ultimate controlling parties are the trustees of the Triangle Consulting Social Enterprise Employee Ownership Trust.