2023-09-012024-08-312024-08-31false13595374TFCE LTD2024-11-1647910iso4217:GBPxbrli:pure135953742023-09-01135953742024-08-31135953742023-09-012024-08-31135953742022-09-01135953742023-08-31135953742022-09-012023-08-3113595374bus:SmallEntities2023-09-012024-08-3113595374bus:AuditExempt-NoAccountantsReport2023-09-012024-08-3113595374bus:FullAccounts2023-09-012024-08-3113595374bus:PrivateLimitedCompanyLtd2023-09-012024-08-3113595374core:WithinOneYear2024-08-3113595374core:AfterOneYear2024-08-3113595374core:WithinOneYear2023-08-3113595374core:AfterOneYear2023-08-3113595374core:ShareCapital2024-08-3113595374core:SharePremium2024-08-3113595374core:RevaluationReserve2024-08-3113595374core:OtherReservesSubtotal2024-08-3113595374core:RetainedEarningsAccumulatedLosses2024-08-3113595374core:ShareCapital2023-08-3113595374core:SharePremium2023-08-3113595374core:RevaluationReserve2023-08-3113595374core:OtherReservesSubtotal2023-08-3113595374core:RetainedEarningsAccumulatedLosses2023-08-3113595374core:LandBuildings2024-08-3113595374core:PlantMachinery2024-08-3113595374core:Vehicles2024-08-3113595374core:FurnitureFittings2024-08-3113595374core:OfficeEquipment2024-08-3113595374core:NetGoodwill2024-08-3113595374core:IntangibleAssetsOtherThanGoodwill2024-08-3113595374core:ListedExchangeTraded2024-08-3113595374core:UnlistedNon-exchangeTraded2024-08-3113595374core:LandBuildings2023-08-3113595374core:PlantMachinery2023-08-3113595374core:Vehicles2023-08-3113595374core:FurnitureFittings2023-08-3113595374core:OfficeEquipment2023-08-3113595374core:NetGoodwill2023-08-3113595374core:IntangibleAssetsOtherThanGoodwill2023-08-3113595374core:ListedExchangeTraded2023-08-3113595374core:UnlistedNon-exchangeTraded2023-08-3113595374core:LandBuildings2023-09-012024-08-3113595374core:PlantMachinery2023-09-012024-08-3113595374core:Vehicles2023-09-012024-08-3113595374core:FurnitureFittings2023-09-012024-08-3113595374core:OfficeEquipment2023-09-012024-08-3113595374core:NetGoodwill2023-09-012024-08-3113595374core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3113595374core:ListedExchangeTraded2023-09-012024-08-3113595374core:UnlistedNon-exchangeTraded2023-09-012024-08-3113595374core:MoreThanFiveYears2023-09-012024-08-3113595374core:Non-currentFinancialInstruments2024-08-3113595374core:Non-currentFinancialInstruments2023-08-3113595374dpl:CostSales2023-09-012024-08-3113595374dpl:DistributionCosts2023-09-012024-08-3113595374core:LandBuildings2023-09-012024-08-3113595374core:PlantMachinery2023-09-012024-08-3113595374core:Vehicles2023-09-012024-08-3113595374core:FurnitureFittings2023-09-012024-08-3113595374core:OfficeEquipment2023-09-012024-08-3113595374dpl:AdministrativeExpenses2023-09-012024-08-3113595374core:NetGoodwill2023-09-012024-08-3113595374core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3113595374dpl:GroupUndertakings2023-09-012024-08-3113595374dpl:ParticipatingInterests2023-09-012024-08-3113595374dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-3113595374core:ListedExchangeTraded2023-09-012024-08-3113595374dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-3113595374core:UnlistedNon-exchangeTraded2023-09-012024-08-3113595374dpl:CostSales2022-09-012023-08-3113595374dpl:DistributionCosts2022-09-012023-08-3113595374core:LandBuildings2022-09-012023-08-3113595374core:PlantMachinery2022-09-012023-08-3113595374core:Vehicles2022-09-012023-08-3113595374core:FurnitureFittings2022-09-012023-08-3113595374core:OfficeEquipment2022-09-012023-08-3113595374dpl:AdministrativeExpenses2022-09-012023-08-3113595374core:NetGoodwill2022-09-012023-08-3113595374core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3113595374dpl:GroupUndertakings2022-09-012023-08-3113595374dpl:ParticipatingInterests2022-09-012023-08-3113595374dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3113595374core:ListedExchangeTraded2022-09-012023-08-3113595374dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3113595374core:UnlistedNon-exchangeTraded2022-09-012023-08-3113595374core:NetGoodwill2024-08-3113595374core:IntangibleAssetsOtherThanGoodwill2024-08-3113595374core:LandBuildings2024-08-3113595374core:PlantMachinery2024-08-3113595374core:Vehicles2024-08-3113595374core:FurnitureFittings2024-08-3113595374core:OfficeEquipment2024-08-3113595374core:AfterOneYear2024-08-3113595374core:WithinOneYear2024-08-3113595374core:ListedExchangeTraded2024-08-3113595374core:UnlistedNon-exchangeTraded2024-08-3113595374core:ShareCapital2024-08-3113595374core:SharePremium2024-08-3113595374core:RevaluationReserve2024-08-3113595374core:OtherReservesSubtotal2024-08-3113595374core:RetainedEarningsAccumulatedLosses2024-08-3113595374core:NetGoodwill2023-08-3113595374core:IntangibleAssetsOtherThanGoodwill2023-08-3113595374core:LandBuildings2023-08-3113595374core:PlantMachinery2023-08-3113595374core:Vehicles2023-08-3113595374core:FurnitureFittings2023-08-3113595374core:OfficeEquipment2023-08-3113595374core:AfterOneYear2023-08-3113595374core:WithinOneYear2023-08-3113595374core:ListedExc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TFCE LTD

Registered Number
13595374
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

TFCE LTD
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

Sakina DI PACE

Registered Address

3rd Floor 86-90 Paul Street
London
EC2A 4NE

Registered Number

13595374 (England and Wales)
TFCE LTD
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets32,098649
2,098649
Current assets
Stocks32,641-
Cash at bank and on hand79,73749,604
112,37849,604
Creditors amounts falling due within one year4(64,555)(29,319)
Net current assets (liabilities)47,82320,285
Total assets less current liabilities49,92120,934
Net assets49,92120,934
Capital and reserves
Called up share capital11
Profit and loss account49,92020,933
Shareholders' funds49,92120,934
The financial statements were approved and authorised for issue by the Director on 16 November 2024, and are signed on its behalf by:
Sakina DI PACE
Director
Registered Company No. 13595374
TFCE LTD
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment2
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 September 231,0081,008
Additions2,0332,033
At 31 August 243,0413,041
Depreciation and impairment
At 01 September 23359359
Charge for year584584
At 31 August 24943943
Net book value
At 31 August 242,0982,098
At 31 August 23649649
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables470-
Taxation and social security63,43528,569
Accrued liabilities and deferred income650750
Total64,55529,319
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.