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REGISTERED NUMBER: 09963041 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

T5Exchanges Limited

T5Exchanges Limited (Registered number: 09963041)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


T5Exchanges Limited

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: M Finlayson





REGISTERED OFFICE: Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP





REGISTERED NUMBER: 09963041 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

T5Exchanges Limited (Registered number: 09963041)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 90 113

CURRENT ASSETS
Debtors 5 67,735 66,567
Cash at bank 5,769 668
73,504 67,235
CREDITORS
Amounts falling due within one year 6 46,122 49,883
NET CURRENT ASSETS 27,382 17,352
TOTAL ASSETS LESS CURRENT LIABILITIES 27,472 17,465

CREDITORS
Amounts falling due after more than one year 7 11,667 16,667
NET ASSETS 15,805 798

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 15,804 797
SHAREHOLDERS' FUNDS 15,805 798

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 18 October 2023 and were signed by:





M Finlayson - Director


T5Exchanges Limited (Registered number: 09963041)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

T5Exchanges Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents fees received for placements and is recognised when placements are confirmed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current 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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 February 2022
and 31 January 2023 220
DEPRECIATION
At 1 February 2022 107
Charge for year 23
At 31 January 2023 130
NET BOOK VALUE
At 31 January 2023 90
At 31 January 2022 113

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 67,735 66,567

T5Exchanges Limited (Registered number: 09963041)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 5,000 5,000
Taxation and social security 27,508 31,063
Other creditors 13,614 13,820
46,122 49,883

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans 11,667 16,667

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

31.1.23 31.1.22
£    £   
M Finlayson
Balance outstanding at start of year 49,089 53,780
Amounts advanced 41,168 7,309
Amounts repaid (40,000 ) (12,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50,257 49,089