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REGISTERED NUMBER: 13931693 (England and Wales)














Financial Statements

for the Period 22 February 2022 to 28 February 2023

for

Tj Higgs Psychic Medium Ltd

Tj Higgs Psychic Medium Ltd (Registered number: 13931693)






Contents of the Financial Statements
for the Period 22 February 2022 to 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tj Higgs Psychic Medium Ltd

Company Information
for the Period 22 February 2022 to 28 February 2023







DIRECTOR: Miss T J Higgs





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 13931693 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Tj Higgs Psychic Medium Ltd (Registered number: 13931693)

Balance Sheet
28 February 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 10,000
Tangible assets 5 5,780
15,780

CURRENT ASSETS
Cash at bank 18,273

CREDITORS
Amounts falling due within one year 6 7,943
NET CURRENT ASSETS 10,330
TOTAL ASSETS LESS CURRENT LIABILITIES 26,110

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 26,109
26,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Tj Higgs Psychic Medium Ltd (Registered number: 13931693)

Balance Sheet - continued
28 February 2023


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 17 November 2023 and were signed by:





Miss T J Higgs - Director


Tj Higgs Psychic Medium Ltd (Registered number: 13931693)

Notes to the Financial Statements
for the Period 22 February 2022 to 28 February 2023

1. STATUTORY INFORMATION

Tj Higgs Psychic Medium Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of six years.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

Tj Higgs Psychic Medium Ltd (Registered number: 13931693)

Notes to the Financial Statements - continued
for the Period 22 February 2022 to 28 February 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 12,000
At 28 February 2023 12,000
AMORTISATION
Charge for period 2,000
At 28 February 2023 2,000
NET BOOK VALUE
At 28 February 2023 10,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 1,067 6,498 7,565
At 28 February 2023 1,067 6,498 7,565
DEPRECIATION
Charge for period 160 1,625 1,785
At 28 February 2023 160 1,625 1,785
NET BOOK VALUE
At 28 February 2023 907 4,873 5,780

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 5
Taxation and social security 7,675
Other creditors 263
7,943