Triangle Software Limited,Ltd - AccountsLtd - Accounts

Triangle Software Limited,Ltd - AccountsLtd - Accounts

TRIANGLE SOFTWARE LIMITED - Company Information

Print Friendly Version

2017-05-01 07122924 2018-04-30 07122924 2017-05-01 2018-04-30 07122924 2017-04-30 07122924 2016-05-01 2017-04-30 07122924 uk-core:WithinOneYear 2017-04-30 07122924 uk-core:WithinOneYear 2018-04-30 07122924 uk-core:ShareCapital 2018-04-30 07122924 uk-core:ShareCapital 2017-04-30 07122924 uk-core:RetainedEarningsAccumulatedLosses 2018-04-30 07122924 uk-core:RetainedEarningsAccumulatedLosses 2017-04-30 07122924 uk-bus:Director1 2017-05-01 2018-04-30 07122924 uk-core:ToolsEquipment 2017-05-01 2018-04-30 iso4217:GBP xbrli:pure 07122924 uk-bus:AuditExemptWithAccountantsReport 2017-05-01 2018-04-30 07122924 uk-bus:FRS102 2017-05-01 2018-04-30 07122924 uk-bus:FullAccounts 2017-05-01 2018-04-30 07122924 uk-bus:PrivateLimitedCompanyLtd 2017-05-01 2018-04-30
Triangle Software Limited
Registered Number:07122924
For the year ended 30 April 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2018
Triangle Software Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 April 2018
Triangle Software Limited
Statement of Financial Position
Registered Number :
07122924
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
2,270
3,028
2
2,270
3,028
Current assets
Trade and other receivables
56,726
135,398
3
19,555
Cash and cash equivalents
11,814
147,212
76,281
Trade and other payables: amounts falling due within one year
(61,586)
(135,714)
4
14,695
11,498
Net current assets
Total assets less current liabilities
13,768
17,723
(431)
(606)
Provisions for liabilities
13,337
Net assets
17,117
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
12,337
16,117
13,337
17,117
Shareholders' funds
For the year ended 30 April 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr R Bickerton Director
These financial statements were approved and authorised for issue by the Board on 02 November 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 April 2018
Triangle Software Limited
Notes to the Financial Statements
Statutory Information
Triangle Software Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
07122924.
Registered address:
The Granary, Holmes Chapel Road
Lower Withington
Macclesfield
Cheshire
SK11 9DP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of 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 costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
5
For the year ended 30 April 2018
Triangle Software Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
equipment
£
Cost or valuation
At 01 May 2017
6,443
At 30 April 2018
6,443
Provision for depreciation and impairment
At 01 May 2017
3,415
Charge for year
758
At 30 April 2018
4,173
At 30 April 2018
Net book value
2,270
At 30 April 2017
3,028
3. Trade and other receivables
2017
2018
£
£
Trade debtors
134,481
54,709
Other debtors
917
2,017
56,726
135,398
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
72,000
-
Taxation and social security
30,260
44,247
Other creditors
33,454
17,339
135,714
61,586
5. Related party transactions
Inlcuded within other creditors are the directors loan account balance of A Howe £4,000 and D Branwood £4,000. Theses
loan are interest free with no fixed date of repayment.
6. Average number of persons employed
During the year the average number of employees was 5 (2017 : 5)
3 of 3