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Company Registration No. 12292013 (England and Wales)
TFG Pay Limited Unaudited accounts for the year ended 31 October 2023
TFG Pay Limited Unaudited accounts Contents
Page
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TFG Pay Limited Company Information for the year ended 31 October 2023
Director
Jakub Zeman
Company Number
12292013 (England and Wales)
Registered Office
27-28 Burgate Canterbury Kent CT1 2HA ENGLAND
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TFG Pay Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,404,417 
1,022,248 
Current assets
Inventories
748,337 
458,033 
Debtors
211,281 
190,419 
Cash at bank and in hand
710,591 
388,966 
1,670,209 
1,037,418 
Creditors: amounts falling due within one year
(325,939)
(308,144)
Net current assets
1,344,270 
729,274 
Net assets
2,748,687 
1,751,522 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,748,686 
1,751,521 
Shareholders' funds
2,748,687 
1,751,522 
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 21 November 2023 and were signed on its behalf by
Jakub Zeman Director Company Registration No. 12292013
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TFG Pay Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
TFG Pay Limited is a private company, limited by shares, registered in England and Wales, registration number 12292013. The registered office is 27-28 Burgate, Canterbury, Kent, CT1 2HA, 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
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 November 2022
377,355 
253,472 
346,179 
145,676 
175,004 
1,297,686 
Additions
228,540 
180,817 
137,282 
43,905 
85,958 
676,502 
At 31 October 2023
605,895 
434,289 
483,461 
189,581 
260,962 
1,974,188 
Depreciation
At 1 November 2022
27,690 
50,182 
92,674 
44,658 
60,234 
275,438 
Charge for the year
30,192 
64,873 
96,422 
37,806 
65,040 
294,333 
At 31 October 2023
57,882 
115,055 
189,096 
82,464 
125,274 
569,771 
Net book value
At 31 October 2023
548,013 
319,234 
294,365 
107,117 
135,688 
1,404,417 
At 31 October 2022
349,665 
203,290 
253,505 
101,018 
114,770 
1,022,248 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
211,281 
190,419 
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TFG Pay Limited Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
58,030 
42,859 
Taxes and social security
251,183 
237,470 
Other creditors
16,726 
27,815 
325,939 
308,144 
7
Average number of employees
During the year the average number of employees was 7 (2022: 7).
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