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REGISTERED NUMBER: 01712145 (England and Wales)












Unaudited Financial Statements

for the Year Ended 5 April 2025

for

Transfile Limited

Transfile Limited (Registered number: 01712145)






Contents of the Financial Statements
for the year ended 5 April 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Transfile Limited

Company Information
for the year ended 5 April 2025







DIRECTORS: Mrs P M Beech
Mrs N J Sherwin
S J Beech





SECRETARY: Mrs P M Beech





REGISTERED OFFICE: Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF





REGISTERED NUMBER: 01712145 (England and Wales)





ACCOUNTANTS: Banks Sheridan
Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF

Transfile Limited (Registered number: 01712145)

Statement of Financial Position
5 April 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 5 251 503
Investments 6 126,683 127,866
Investment property 7 230,000 230,000
356,934 358,369

CURRENT ASSETS
Debtors: amounts falling due within one year 8 1,473 2,662
Debtors: amounts falling due after more than
one year

8

323

648
Cash at bank 133,149 141,675
134,945 144,985
CREDITORS
Amounts falling due within one year 9 (16,384 ) (6,144 )
NET CURRENT ASSETS 118,561 138,841
TOTAL ASSETS LESS CURRENT
LIABILITIES

475,495

497,210

CAPITAL AND RESERVES
Called up share capital 11 2,626 2,501
Retained earnings 472,869 494,709
SHAREHOLDERS' FUNDS 475,495 497,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 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.

Transfile Limited (Registered number: 01712145)

Statement of Financial Position - continued
5 April 2025


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 24 June 2025 and were signed on its behalf by:





S J Beech - Director


Transfile Limited (Registered number: 01712145)

Notes to the Financial Statements
for the year ended 5 April 2025

1. STATUTORY INFORMATION

Transfile Limited ('The Company') is primarily a family investment company.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business is 24 Mona Street, Beeston, Nottinghamshire, NG9 2BY and the registered office is Datum House, Electra Way, Crewe, Cheshire, CW1 6ZF. The registered number can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. Therefore, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

Investment property
Investment property is shown at fair value, the fair value is reviewed annually by the directors. Any aggregate surplus or deficit arising from changes in the fair value in the year is recognised in the profit or loss within the Statement of Comprehensive Income. The cumulative fair value surplus on the investment property is highlighted in the notes to the financial statements as non-distributable reserves.

Listed investments
Listed investments are shown at fair value, the fair value is reviewed annually by the directors. Any aggregate surplus or deficit arising from changes in the fair value in the year is recognised in the profit or loss within the Statement of Comprehensive Income. Investment income from listed investments is shown separately on the income statement.

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 end of the financial year.

Transfile Limited (Registered number: 01712145)

Notes to the Financial Statements - continued
for the year ended 5 April 2025

3. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the end of the financial year.

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.

Impairment of assets
Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each year end. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 6 April 2024
and 5 April 2025 754
DEPRECIATION
At 6 April 2024 251
Charge for year 252
At 5 April 2025 503
NET BOOK VALUE
At 5 April 2025 251
At 5 April 2024 503

Transfile Limited (Registered number: 01712145)

Notes to the Financial Statements - continued
for the year ended 5 April 2025

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 6 April 2024 127,866
Additions 42
Charges (3,205 )
Profit/(loss) on investments 1,980
At 5 April 2025 126,683
NET BOOK VALUE
At 5 April 2025 126,683
At 5 April 2024 127,866

Cost or valuation at 5 April 2025 is represented by:

Other
investments
£   
Valuation in 2025 126,683

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2024
and 5 April 2025 230,000
NET BOOK VALUE
At 5 April 2025 230,000
At 5 April 2024 230,000

Fair value at 5 April 2025 is represented by:
£   
Valuation in 2025 230,000

8. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Other debtors 1,473 2,662

Amounts falling due after more than one year:
Other debtors 323 648

Aggregate amounts 1,796 3,310

Transfile Limited (Registered number: 01712145)

Notes to the Financial Statements - continued
for the year ended 5 April 2025

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 730 259
Taxation and social security 1,568 1,677
Other creditors 14,086 4,208
16,384 6,144

10. LEASING AGREEMENTS
Minimum lease payments receivable fall due as follows:

Non-cancellable
operating leases
2025 2024
£ £
Within one year 3,450 406
3,450 406

11. CALLED UP SHARE CAPITAL

100 Ordinary E shares of 25p, 100 Ordinary F shares of 25p, 100 Ordinary G shares of 25p, 100 Ordinary H shares of 25p and 100 Ordinary I shares of 25p were issued during the period at par.

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2025 and 5 April 2024:

2025 2024
£    £   
S J Beech
Balance outstanding at start of year 1,994 3,994
Amounts repaid (1,000 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 994 1,994

Other directors have loan accounts with the company that have been in credit throughout the year. The amount due to these directors at the balance sheet date totalled £8,286 (2024: £2,000) and is disclosed within creditors: amounts falling due within one year.

13. RELATED PARTY DISCLOSURES

At 5 April 2025 there was an amount of £3,250 (2024: £nil) outstanding to a person connected to a director and this are included within other creditors: amounts falling due within one year.

14. NON-DISTRIBUTABLE RESERVES

Included within retained earnings is an amount of £62,443 (2024: £62,443) which is non-distributable.