| Triple Gem Holdings Limited |
| Registered number: |
09828926 |
|
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
|
|
|
180,800 |
|
|
182,880 |
|
| Current assets |
| Debtors |
3 |
|
33,557 |
|
|
31,562 |
| Cash at bank and in hand |
|
|
5,069 |
|
|
12,318 |
|
|
|
38,626 |
|
|
43,880 |
|
| Creditors: amounts falling due within one year |
4 |
|
(50,952) |
|
|
(54,864) |
|
| Net current liabilities |
|
|
|
(12,326) |
|
|
(10,984) |
|
| Total assets less current liabilities |
|
|
|
168,474 |
|
|
171,896 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(151,461) |
|
|
(156,351) |
|
|
|
| Net assets |
|
|
|
17,013 |
|
|
15,545 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
16,913 |
|
|
15,445 |
|
| Shareholder's funds |
|
|
|
17,013 |
|
|
15,545 |
|
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges his 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. |
|
|
|
| W. Senior |
| Director |
| Approved by the board on 3 September 2026 |
|
| Triple Gem Holdings Limited |
|
| Notes to the Accounts |
| for the year ended 31 October 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. |
|
|
Revenue recognition |
|
Turnover represents rental income receivable in the period excluding value added tax. Service charges including ground rent, management fees and other costs relate to the maintenance of communal areas which is charged to leaseholders on a half yearly basis and accounted for on an accruals basis. |
|
|
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 |
2% on cost of property |
|
Leasehold land and buildings |
over 125 year lease term |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), 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. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
3,557 |
|
1,562 |
|
Other debtors |
30,000 |
|
30,000 |
|
|
|
|
|
|
33,557 |
|
31,562 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
18,779 |
|
19,728 |
|
Trade creditors |
1,080 |
|
2,055 |
|
Amounts owed to related parties |
|
24,349 |
|
25,080 |
|
Other creditors |
1,044 |
|
8,001 |
|
|
|
|
|
|
50,952 |
|
54,864 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
151,461 |
|
156,351 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
Instalments falling due for payment after more than five years |
77,205 |
|
77,205 |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
176,079 |
|
181,585 |
|
|
|
|
|
|
|
|
|
|
The bank loan is secured by way of a first legal charge over the property owned by the company at 137 Station Approach, Hampton. The company also has a related party that has provided the bank with an unlimited guarantee. |
|
| 7 |
Related party transactions |
|
|
The director is also a director of another trading company that is renting part of the commercial rental unit owned by the company. This company owed £24,349 (2024 - £24,349) at year end. The sole director of the company was owed £1,043 (2024 - £731) at year end. |
|
| 8 |
Controlling party |
|
|
The ultimate controlling party is Will Senior. |
|
| 9 |
Other information |
|
|
Triple Gem Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
137 Station Road |
|
Hampton |
|
England |
|
TW12 2AL |