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
TFG Pay Limited
Company Information
for the year ended 31 October 2023
Company Number
12292013 (England and Wales)
Registered Office
27-28 Burgate
Canterbury
Kent
CT1 2HA
ENGLAND
TFG Pay Limited
Statement of financial position
as at 31 October 2023
Tangible assets
1,404,417
1,022,248
Inventories
748,337
458,033
Cash at bank and in hand
710,591
388,966
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
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
TFG Pay Limited
Notes to the Accounts
for the year ended 31 October 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
Amounts falling due within one year
Trade debtors
211,281
190,419
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
7
Average number of employees
During the year the average number of employees was 7 (2022: 7).