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Company Registration No. 03647529 (England and Wales)
TAIFEM LIMITED Unaudited accounts for the year ended 31 October 2023
TAIFEM LIMITED Unaudited accounts Contents
Page
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TAIFEM LIMITED Company Information for the year ended 31 October 2023
Director
MR TAI ADESHUGBA
Company Number
03647529 (England and Wales)
Registered Office
2 ILFRACOMBE CRESCENT HORNCHURCH ESSEX RM12 6RQ
Accountants
AA MATTHEW & CO NEWSPRING HOUSE 3 WORCESTER AVENUE OLD SWAN LIVERPOOL L13 9AZ
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TAIFEM LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
15,868 
30,500 
Cash at bank and in hand
8,158 
10,752 
24,026 
41,252 
Creditors: amounts falling due within one year
(1,435)
(27,549)
Net current assets
22,591 
13,703 
Net assets
22,591 
13,703 
Capital and reserves
Capital contribution reserve
2 
2 
Profit and loss account
22,589 
13,701 
Shareholders' funds
22,591 
13,703 
For the year ending 31 October 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 July 2024 and were signed on its behalf by
MR TAI ADESHUGBA Director Company Registration No. 03647529
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TAIFEM LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
TAIFEM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03647529. The registered office is 2 ILFRACOMBE CRESCENT, HORNCHURCH, ESSEX, RM12 6RQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
15,868 
30,500 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
960 
2,731 
Loans from directors
- 
24,318 
Accruals
475 
500 
1,435 
27,549 
6
Capital commitments
2023 
2022 
£ 
£ 
There were no capital commitments at the end of the period.
7
Contingent liabilities
At the date of the balance sheet there were no contingent liabilities.
8
Loans to directors
There were no Directors Advances and credits therefore terms of credit and interest rates did not arise in the period.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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