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REGISTERED NUMBER: 13739401 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 November 2023

for

TFBUK Ltd

TFBUK Ltd (Registered number: 13739401)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TFBUK Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: G Fox





SECRETARY:





REGISTERED OFFICE: Alexander House
Robinson Terrace
Washington
Tyne and Wear
NE38 7BD





REGISTERED NUMBER: 13739401 (England and Wales)






TFBUK Ltd (Registered number: 13739401)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,295 5,373

CURRENT ASSETS
Stocks 17,324 25,321
Debtors 5 10,495 10,495
Cash at bank and in hand 4,046 11,184
31,865 47,000
CREDITORS
Amounts falling due within one year 6 33,442 52,043
NET CURRENT LIABILITIES (1,577 ) (5,043 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,718

330

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 3,717 329
SHAREHOLDERS' FUNDS 3,718 330

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

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

The director acknowledges his 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.

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 5 August 2024 and were signed by:





G Fox - Director


TFBUK Ltd (Registered number: 13739401)

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

1. STATUTORY INFORMATION

TFBUK 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2022 - 3 ) .

TFBUK Ltd (Registered number: 13739401)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 6,221
Additions 770
At 30 November 2023 6,991
DEPRECIATION
At 1 December 2022 848
Charge for year 848
At 30 November 2023 1,696
NET BOOK VALUE
At 30 November 2023 5,295
At 30 November 2022 5,373

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 10,495 10,495

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 1,529 -
Trade creditors 11,312 1,133
Taxation and social security 15,352 49,698
Other creditors 5,249 1,212
33,442 52,043