Transfer Pricing Solutions Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 04687891

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	12,027		48,200
Cash at bank and in hand		3,689		6,680

		15,716		54,880
Creditors: Amounts Falling Due Within One Year	6	(15,691 )		(54,843 )

NET CURRENT ASSETS (LIABILITIES)			25		37

TOTAL ASSETS LESS CURRENT LIABILITIES			25		37

NET ASSETS			25		37

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			23		35

SHAREHOLDERS' FUNDS			25		37

For the year ending 31 March 2025 the company was entitled to exemption from audit 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.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Gareth Green

Director

11/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Transfer Pricing Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04687891 . The registered office is 30 Falconers Field, Harpenden, Hertfordshire, AL5 3ES.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is recognised in accordance with FRS 102 Section 1A based on the satisfaction of performance obligations under customer contracts.

For most contracts, a single fixed fee is charged for delivering a transfer pricing report. Revenue is recognised only upon completion, using the output method, as no significant value is transferred to the customer until the final report is delivered.

Where contracts are split into defined stages with separate fees, revenue is recognised at the end of each completed stage. In limited cases, where subcontracted work has been completed before the year end, turnover equal to the cost of that work is recognised.

This approach reflects the company's judgement that the output method offers a prudent and reliable measure of progress.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	at varying rates on cost
Computer Equipment	at varying rates on cost

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	255	1,709	1,964
Additions	104	-	104

As at 31 March 2025	359	1,709	2,068

Depreciation
As at 1 April 2024	255	1,709	1,964
Provided during the period	104	-	104

As at 31 March 2025	359	1,709	2,068

Net Book Value
As at 31 March 2025	-	-	-

As at 1 April 2024	-	-	-

Page 2

Page 3

Transfer Pricing Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	12,027	34,200
Other debtors	-	14,000

	12,027	48,200

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	20,000
Other creditors	7,526	12,408
Taxation and social security	8,165	22,435

	15,691	54,843

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

Page 3