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Company Registration No. 11061033 (England and Wales)
Transaction Technologies Ltd Unaudited accounts for the year ended 30 November 2023
Transaction Technologies Ltd Unaudited accounts Contents
Page
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Transaction Technologies Ltd Company Information for the year ended 30 November 2023
Directors
Alexander Booth Craig Alexander Fletcher
Company Number
11061033 (England and Wales)
Registered Office
111 Cubo The Old Post Office Victoria Street Derby Derbyshire DE1 1EQ England
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Transaction Technologies Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,832 
16,104 
Current assets
Debtors
172,766 
93,953 
Cash at bank and in hand
247,057 
172,363 
419,823 
266,316 
Creditors: amounts falling due within one year
(397,715)
(442,012)
Net current assets/(liabilities)
22,108 
(175,696)
Total assets less current liabilities
34,940 
(159,592)
Creditors: amounts falling due after more than one year
(35,572)
- 
Net liabilities
(632)
(159,592)
Capital and reserves
Called up share capital
319 
319 
Share premium
400,013 
400,013 
Profit and loss account
(400,964)
(559,924)
Shareholders' funds
(632)
(159,592)
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by
Alexander Booth Director Company Registration No. 11061033
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Transaction Technologies Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Transaction Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 11061033. The registered office is 111 Cubo The Old Post Office, Victoria Street, Derby, Derbyshire, DE1 1EQ, England.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
20,674 
Additions
1,006 
At 30 November 2023
21,680 
Depreciation
At 1 December 2022
4,570 
Charge for the year
4,278 
At 30 November 2023
8,848 
Net book value
At 30 November 2023
12,832 
At 30 November 2022
16,104 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
4,420 
6,455 
Other debtors
168,346 
87,498 
172,766 
93,953 
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Transaction Technologies Ltd Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
10,320 
- 
Taxes and social security
- 
52,393 
Other creditors
383,440 
385,664 
Loans from directors
2,475 
2,475 
Accruals
1,480 
1,480 
397,715 
442,012 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
35,572 
- 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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