IRIS Accounts Production v24.2.0.383 06440290 Board of Directors 1.4.23 31.3.24 31.3.24 0 false true false false false true false 13785 18405 33435 5300 26360 9920 20860 13785 13258 17878 32435 3300 25460 7920 20233 13258 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064402902023-03-31064402902024-03-31064402902023-04-012024-03-31064402902022-03-31064402902022-04-012023-03-31064402902023-03-3106440290ns15:EnglandWales2023-04-012024-03-3106440290ns14:PoundSterling2023-04-012024-03-3106440290ns10:Director12023-04-012024-03-3106440290ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106440290ns10:SmallEntities2023-04-012024-03-3106440290ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106440290ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106440290ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106440290ns10:FullAccounts2023-04-012024-03-310644029012023-04-012024-03-310644029044ns10:Director42023-03-310644029044ns10:Director42022-03-310644029044ns10:Director42023-04-012024-03-310644029044ns10:Director42022-04-012023-03-310644029044ns10:Director42024-03-310644029044ns10:Director42023-03-3106440290ns10:Director3432023-03-3106440290ns10:Director3432022-03-3106440290ns10:Director3432023-04-012024-03-3106440290ns10:Director3432022-04-012023-03-3106440290ns10:Director3432024-03-3106440290ns10:Director3432023-03-3106440290ns10:Director22023-04-012024-03-3106440290ns10:Director32023-04-012024-03-3106440290ns10:Director42023-04-012024-03-3106440290ns10:CompanySecretary12023-04-012024-03-3106440290ns10:RegisteredOffice2023-04-012024-03-3106440290ns5:CurrentFinancialInstruments2024-03-3106440290ns5:CurrentFinancialInstruments2023-03-3106440290ns5:Non-currentFinancialInstruments2024-03-3106440290ns5:Non-currentFinancialInstruments2023-03-3106440290ns5:ShareCapital2024-03-3106440290ns5:ShareCapital2023-03-3106440290ns5:RetainedEarningsAccumulatedLosses2024-03-3106440290ns5:RetainedEarningsAccumulatedLosses2023-03-3106440290ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3106440290ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-04-012024-03-3106440290ns5:IntangibleAssetsOtherThanGoodwill2023-03-3106440290ns5:IntangibleAssetsOtherThanGoodwill2024-03-3106440290ns5:IntangibleAssetsOtherThanGoodwill2023-03-3106440290ns5:PlantMachinery2023-03-3106440290ns5:PlantMachinery2024-03-3106440290ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106440290ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106440290ns5:RetainedEarningsAccumulatedLosses2023-03-3106440290ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-3106440290ns10:Director222023-03-3106440290ns10:Director222022-03-3106440290ns10:Director222023-04-012024-03-3106440290ns10:Director222022-04-012023-03-3106440290ns10:Director222024-03-3106440290ns10:Director222023-03-31064402901ns10:Director12023-03-31064402901ns10:Director12022-03-31064402901ns10:Director12023-04-012024-03-31064402901ns10:Director12022-04-012023-03-31064402901ns10:Director12024-03-31064402901ns10:Director12023-03-31
REGISTERED NUMBER: 06440290 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TRANSACTION PARTNERSHIP LIMITED

TRANSACTION PARTNERSHIP LIMITED (REGISTERED NUMBER: 06440290)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRANSACTION PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: R J Blanchard
S Goodheart
K Goodheart
M Blanchard



SECRETARY: R J Blanchard



REGISTERED OFFICE: 12 Harlech Road
Blundellsands
Liverpool
Merseyside
L23 6XA



REGISTERED NUMBER: 06440290 (England and Wales)



ACCOUNTANTS: Malthouse & Company Chartered Accountants
America House, Rumford Court
Rumford Place
Liverpool
Merseyside
L3 9DD



BANKERS: HSBC Bank plc
4 Dale Street
Liverpool
Merseyside
L69 2BZ

TRANSACTION PARTNERSHIP LIMITED (REGISTERED NUMBER: 06440290)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 6 51,786 35,586
Cash at bank 4,653 97
56,439 35,683
CREDITORS
Amounts falling due within one year 7 24,170 4,860
NET CURRENT ASSETS 32,269 30,823
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,269

30,823

CREDITORS
Amounts falling due after more than one
year

8

29,936

30,667
NET ASSETS 2,333 156

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 2,233 56
2,333 156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

TRANSACTION PARTNERSHIP LIMITED (REGISTERED NUMBER: 06440290)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:





S Goodheart - Director


TRANSACTION PARTNERSHIP LIMITED (REGISTERED NUMBER: 06440290)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Transaction Partnership Limited 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.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Cavern Website are being amortised evenly over their estimated useful life of nil years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.


TRANSACTION PARTNERSHIP LIMITED (REGISTERED NUMBER: 06440290)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 25,000
AMORTISATION
At 1 April 2023
and 31 March 2024 25,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

TRANSACTION PARTNERSHIP LIMITED (REGISTERED NUMBER: 06440290)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 2,813
DEPRECIATION
At 1 April 2023
and 31 March 2024 2,813
NET BOOK VALUE
At 31 March 2024 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 2,150 -
Other debtors 49,636 35,586
51,786 35,586

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,000 4,000
Taxation and social security 19,020 460
Other creditors 1,150 400
24,170 4,860

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 29,936 30,667

TRANSACTION PARTNERSHIP LIMITED (REGISTERED NUMBER: 06440290)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid number:

Class
Nominal
Value

31.3.24

31.3.23
£    £   

40
A Ordinary
Shares

£1

40

40

40
B Ordinary
Shares

£1

40

40

10
C Ordinary
Shares

£1

10

10

10
D Ordinary
Shares

£1

10

10
100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2023 56
Profit for the year 51,177
Dividends (49,000 )
At 31 March 2024 2,233

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
R J Blanchard and M Blanchard
Balance outstanding at start of year 13,785 18,405
Amounts advanced 33,435 5,300
Amounts repaid (26,360 ) (9,920 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,860 13,785

TRANSACTION PARTNERSHIP LIMITED (REGISTERED NUMBER: 06440290)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

S Goodheart and K Goodheart
Balance outstanding at start of year 13,258 17,878
Amounts advanced 32,435 3,300
Amounts repaid (25,460 ) (7,920 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,233 13,258