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REGISTERED NUMBER: 09071857 (England and Wales)



Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 June 2023

for

Tempfad Services Ltd

Tempfad Services Ltd (Registered number: 09071857)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


Tempfad Services Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTORS: Dr Oluyemi Peter Falade
Mrs Folayemi Racheal Falade





REGISTERED OFFICE: 147 Newport Road
Leyton
London
E10 6PG





REGISTERED NUMBER: 09071857 (England and Wales)





ACCOUNTANTS: Argon & Krypton Consulting Ltd
(Chartered Certified Accountants & Tax Advisers)
Unit 6
Town Quay Wharf
Abbey Road
Barking
Essex
IG11 7BZ

Tempfad Services Ltd (Registered number: 09071857)

Report of the Directors
for the Year Ended 30 June 2023

The directors present their report with the financial statements of the company for the year ended 30 June 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Engineering related scientific and technical consulting activities, Other research and experimental development on natural sciences and engineering, and Physical well-being activities

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1 July 2022 to the date of this report.

The beneficial interests of the directors holding office at 30 June 2023 in the shares of the company, according to the register of directors' interests, were as follows:

30.6.23 1.7.22
Ordinary shares of £1 each
Dr Oluyemi Peter Falade 60 60
Mrs Folayemi Racheal Falade 40 40

These directors did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Dr Oluyemi Peter Falade - Director


20 March 2024

Tempfad Services Ltd (Registered number: 09071857)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 485 728

CURRENT ASSETS
Cash at bank 48 48
NET CURRENT ASSETS 48 48
TOTAL ASSETS LESS CURRENT
LIABILITIES

533

776

ACCRUALS AND DEFERRED INCOME 24,030 23,940
NET LIABILITIES (23,497 ) (23,164 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5 (23,597 ) (23,264 )
SHAREHOLDERS' FUNDS (23,497 ) (23,164 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Tempfad Services Ltd (Registered number: 09071857)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:





Dr Oluyemi Peter Falade - Director


Tempfad Services Ltd (Registered number: 09071857)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Tempfad Services 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year 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.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

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

Tempfad Services Ltd (Registered number: 09071857)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 2,475
DEPRECIATION
At 1 July 2022 1,747
Charge for year 243
At 30 June 2023 1,990
NET BOOK VALUE
At 30 June 2023 485
At 30 June 2022 728

5. RESERVES
Retained
earnings
£   

At 1 July 2022 (23,264 )
Deficit for the year (333 )
At 30 June 2023 (23,597 )