IRIS Accounts Production v24.3.2.46 14870157 Board of Directors 15.5.23 31.5.24 31.5.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh148701572023-05-14148701572024-05-31148701572023-05-152024-05-31148701572023-05-1414870157ns15:EnglandWales2023-05-152024-05-3114870157ns14:PoundSterling2023-05-152024-05-3114870157ns10:Director12023-05-152024-05-3114870157ns10:PrivateLimitedCompanyLtd2023-05-152024-05-3114870157ns10:SmallEntities2023-05-152024-05-3114870157ns10:AuditExempt-NoAccountantsReport2023-05-152024-05-3114870157ns10:SmallCompaniesRegimeForDirectorsReport2023-05-152024-05-3114870157ns10:SmallCompaniesRegimeForAccounts2023-05-152024-05-3114870157ns10:FullAccounts2023-05-152024-05-311487015712023-05-152024-05-3114870157ns10:Director22023-05-152024-05-3114870157ns10:RegisteredOffice2023-05-152024-05-3114870157ns5:CurrentFinancialInstruments2024-05-3114870157ns5:ShareCapital2024-05-3114870157ns5:RetainedEarningsAccumulatedLosses2024-05-3114870157ns5:NetGoodwill2023-05-152024-05-3114870157ns5:IntangibleAssetsOtherThanGoodwill2023-05-152024-05-3114870157ns5:NetGoodwill2024-05-3114870157ns5:IntangibleAssetsOtherThanGoodwill2024-05-3114870157ns5:PlantMachinery2023-05-152024-05-3114870157ns5:PlantMachinery2024-05-31
REGISTERED NUMBER: 14870157 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 15 MAY 2023 TO 31 MAY 2024

FOR

TFP COACHING LIMITED

TFP COACHING LIMITED (REGISTERED NUMBER: 14870157)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 MAY 2023 TO 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TFP COACHING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 15 MAY 2023 TO 31 MAY 2024







DIRECTORS: Tibor Horvath
Monika Horvath





REGISTERED OFFICE: 7 Church Lane
London
N2 8DX





REGISTERED NUMBER: 14870157 (England and Wales)





ACCOUNTANTS: Defries Weiss (Accountants) Limited
1 Bridge Lane
London
NW11 0EA

TFP COACHING LIMITED (REGISTERED NUMBER: 14870157)

BALANCE SHEET
31 MAY 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 16,783
Tangible assets 5 15,637
32,420

CURRENT ASSETS
Cash at bank 36,490

CREDITORS
Amounts falling due within one year 6 20,520
NET CURRENT ASSETS 15,970
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,390

PROVISIONS FOR LIABILITIES 2,000
NET ASSETS 46,390

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 46,388
SHAREHOLDERS' FUNDS 46,390

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

TFP COACHING LIMITED (REGISTERED NUMBER: 14870157)

BALANCE SHEET - continued
31 MAY 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 9 February 2025 and were signed on its behalf by:





Tibor Horvath - Director


TFP COACHING LIMITED (REGISTERED NUMBER: 14870157)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 MAY 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

TFP Coaching 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 the provisions of section 1A of Financial
Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings20% straightline basis
Plant and equipment20% straightline basis

Financial instruments
Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangements constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

Taxation
Taxation for the period 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.

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 period 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.

TFP COACHING LIMITED (REGISTERED NUMBER: 14870157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 MAY 2023 TO 31 MAY 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
Additions 20,000 1,200 21,200
At 31 May 2024 20,000 1,200 21,200
AMORTISATION
Charge for period 4,167 250 4,417
At 31 May 2024 4,167 250 4,417
NET BOOK VALUE
At 31 May 2024 15,833 950 16,783

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 19,753
At 31 May 2024 19,753
DEPRECIATION
Charge for period 4,116
At 31 May 2024 4,116
NET BOOK VALUE
At 31 May 2024 15,637

TFP COACHING LIMITED (REGISTERED NUMBER: 14870157)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 MAY 2023 TO 31 MAY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 15,185
Other creditors 5,335
20,520