Tri Group Limited - Filleted accounts

Registered number

SC102050

Tri Group Limited

Unaudited Filleted Accounts

31 March 2025

Tri Group Limited
Registered number:		SC102050
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		117,897			91,180

Current assets
Stocks		84,346			75,864
Debtors	4	317,749			224,312
Cash at bank and in hand		266,833			373,002
		668,928			673,178

Creditors: amounts falling due within one year	5	(297,635)			(314,332)

Net current assets			371,293			358,846

Total assets less current liabilities			489,190			450,026

Creditors: amounts falling due after more than one year	6		(38,982)			(23,624)

Provisions for liabilities			(29,474)			(22,795)


Net assets			420,734			403,607

Capital and reserves
Called up share capital			1,706			1,706
Profit and loss account			419,028			401,901

Shareholders' funds			420,734			403,607

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 members have 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.




Mr L Tritschler
Director
Approved by the board on 11 December 2025

Tri Group Limited
Notes to the Accounts
for the year ended 31 March 2025


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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Plant and machinery	15% straight line
	Fixtures, fittings, tools and equipment	15% straight line
	Motor vehicles	25% straight line
	Computer equipment	25% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			20		19


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	92,179		184,877		277,056
	Additions	-		60,519		60,519
	Disposals	-		(40,357)		(40,357)
	At 31 March 2025	92,179		205,039		297,218

	Depreciation
	At 1 April 2024	91,855		94,021		185,876
	Charge for the year	194		29,154		29,348
	On disposals	-		(35,903)		(35,903)
	At 31 March 2025	92,049		87,272		179,321

	Net book value
	At 31 March 2025	130		117,767		117,897
	At 31 March 2024	324		90,856		91,180


4	Debtors			2025		2024
£					£

	Trade debtors			301,831		209,107
	Other debtors			15,918		15,205
				317,749		224,312


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			19,885		29,893
	Obligations under finance lease and hire purchase contracts			34,792		15,009
	Trade creditors			101,754		132,932
	Corporation tax			63,277		42,794
	Other taxes and social security costs			53,671		41,354
	Directors' loan accounts			315		548
	Other creditors			23,941		51,802
				297,635		314,332


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			38,982		23,624


7	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			77,195		77,195


8	Other information

	Tri Group Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	69 Kelvin Avenue
	Hillington Park
	Glasgow
	G52 4LT