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REGISTERED NUMBER: 04423549 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

TFP Online Limited

TFP Online Limited (Registered number: 04423549)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


TFP Online Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D d'Orton Gibson
W A Carter





SECRETARY: D d'Orton Gibson





REGISTERED OFFICE: 13 Fleetsbridge Business Ctr
Upton Road
Poole
Dorset
BH17 7AF





REGISTERED NUMBER: 04423549 (England and Wales)





ACCOUNTANTS: Ward Goodman
St Mary's House
24 North Street
Wareham
Dorset
BH20 4AG

TFP Online Limited (Registered number: 04423549)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,500 -
Tangible assets 5 55,558 20,171
Investments 6 100 100
66,158 20,271

CURRENT ASSETS
Debtors 43,449 26,477
Prepayments and accrued income 8,223 6,348
Cash at bank and in hand 101,237 106,101
152,909 138,926
CREDITORS
Amounts falling due within one year 90,464 40,852
NET CURRENT ASSETS 62,445 98,074
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,603

118,345

CREDITORS
Amounts falling due after more than one year (350,000 ) -

ACCRUALS AND DEFERRED INCOME (17,756 ) (10,491 )
NET (LIABILITIES)/ASSETS (239,153 ) 107,854

CAPITAL AND RESERVES
Called up share capital 20 100
Capital redemption reserve 80 -
Retained earnings (239,253 ) 107,754
SHAREHOLDERS' FUNDS (239,153 ) 107,854

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

TFP Online Limited (Registered number: 04423549)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 April 2024 and were signed on its behalf by:





D d'Orton Gibson - Director


TFP Online Limited (Registered number: 04423549)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

TFP Online 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.

Preparation of consolidated financial statements
The financial statements contain information about TFP Online Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of either 10 or 20 years.

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
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 8 ) .

TFP Online Limited (Registered number: 04423549)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 102,500
Additions 10,500
At 31 December 2023 113,000
AMORTISATION
At 1 January 2023
and 31 December 2023 102,500
NET BOOK VALUE

At 31 December 2023 10,500
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 90,995
Additions 54,133
Disposals (29,505 )
At 31 December 2023 115,623
DEPRECIATION
At 1 January 2023 70,824
Charge for year 11,744
Eliminated on disposal (22,503 )
At 31 December 2023 60,065
NET BOOK VALUE
At 31 December 2023 55,558
At 31 December 2022 20,171

TFP Online Limited (Registered number: 04423549)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2023
and 31 December 2023 100
NET BOOK VALUE
At 31 December 2023 100
At 31 December 2022 100

7. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Other loans 50,000 -

Amounts falling due between two and five years:
Other loans - 2-5 years 350,000 -

8. ULTIMATE CONTROLLING PARTY

Mr D d'Orton-Gibson, a director, controls the company by way of controlling, directly or indirectly, 100% of the issued ordinary share capital.