1 July 2022 false No description of principal activity Taxfiler 2024.4 10805439business:PrivateLimitedCompanyLtd2022-07-012023-06-30 108054392022-06-30 108054392022-07-012023-06-30 10805439business:AuditExemptWithAccountantsReport2022-07-012023-06-30 10805439business:FilletedAccounts2022-07-012023-06-30 108054392023-06-30 10805439business:Director12022-07-012023-06-30 10805439business:RegisteredOffice2022-07-012023-06-30 108054392022-06-30 10805439core:WithinOneYear2023-06-30 10805439core:WithinOneYear2022-06-30 10805439core:AfterOneYear2023-06-30 10805439core:AfterOneYear2022-06-30 10805439core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 10805439core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 10805439core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 10805439core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 10805439core:PreviouslyStatedAmount2023-06-30 10805439core:PreviouslyStatedAmount2022-06-30 10805439business:SmallEntities2022-07-012023-06-30 10805439countries:EnglandWales2022-07-012023-06-30 10805439core:ComputerEquipment2022-07-012023-06-30 10805439core:ComputerEquipment2022-06-30 10805439core:ComputerEquipment2023-06-30 108054392021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 10805439 (England and Wales)
Transitional Compliance Limited Unaudited accounts for the year ended 30 June 2023
Transitional Compliance Limited Unaudited accounts Contents
Page
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Transitional Compliance Limited Company Information for the year ended 30 June 2023
Director
Stephen Simpson
Company Number
10805439 (England and Wales)
Registered Office
3 Stempswood Way Barnham Bognor Regis PO22 0LA
Accountants
Dianne Maiden AAT Licensed Accountant Ricson Accountancy Services Ltd 15 Duncombe Road Hertford SG14 3BY
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Transitional Compliance Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
777 
- 
Current assets
Debtors
11,630 
3,901 
Cash at bank and in hand
104,599 
45,136 
116,229 
49,037 
Creditors: amounts falling due within one year
(90,989)
(37,969)
Net current assets
25,240 
11,068 
Total assets less current liabilities
26,017 
11,068 
Creditors: amounts falling due after more than one year
(25,502)
- 
Net assets
515 
11,068 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
514 
11,067 
Shareholders' funds
515 
11,068 
For the year ending 30 June 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 20 March 2024 and were signed on its behalf by
Stephen Simpson Director Company Registration No. 10805439
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Transitional Compliance Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Transitional Compliance Limited is a private company, limited by shares, registered in England and Wales, registration number 10805439. The registered office is 3 Stempswood Way, Barnham, Bognor Regis, PO22 0LA.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight line 33.33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
- 
Additions
1,166 
At 30 June 2023
1,166 
Depreciation
Charge for the year
389 
At 30 June 2023
389 
Net book value
At 30 June 2023
777 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,600 
3,900 
Other debtors
8,030 
1 
11,630 
3,901 
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Transitional Compliance Limited Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
90,989 
37,969 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
25,502 
- 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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