EPAYME LIMITED

Company Registration Number:
09921785 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

EPAYME LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

EPAYME LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 36,023 33,967
Total fixed assets: 36,023 33,967
Current assets
Debtors:   825,179 203,058
Cash at bank and in hand: 3,476,910 3,295,267
Total current assets: 4,302,089 3,498,325
Creditors: amounts falling due within one year:   (3,850,435) (3,000,714)
Net current assets (liabilities): 451,654 497,611
Total assets less current liabilities: 487,677 531,578
Provision for liabilities: (9,006) (7,803)
Total net assets (liabilities): 478,671 523,775
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 478,571 523,675
Shareholders funds: 478,671 523,775

The notes form part of these financial statements

EPAYME LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 January 2025
and signed on behalf of the board by:

Name: FIELDS, D
Status: Director

The notes form part of these financial statements

EPAYME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings fixtures and equipment - 25% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or

EPAYME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 1,579 1,579

EPAYME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 55,491
Additions 17,638
Disposals (13,834)
At 31 December 2023 59,295
Depreciation
At 01 January 2023 21,524
Charge for year 9,662
On disposals (7,914)
At 31 December 2023 23,272
Net book value
At 31 December 2023 36,023
At 31 December 2022 33,967