REGISTERED NUMBER: 07917785 (England and Wales)

TBR PAYROLL LIMITED

Unaudited Financial Statements for the Year Ended 28 February 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R E Sobol

REGISTERED OFFICE:

10th Floor

60 Church Street

Birmingham

West Midlands

B3 2DJ

REGISTERED NUMBER:

07917785 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

CURRENT ASSETS

Debtors

5

14,684

20,434

Cash at bank and in hand

886

1,629

15,570

22,063

CREDITORS

Amounts falling due within one year

6

33,261

33,330

NET CURRENT LIABILITIES

(17,691

)

(11,267

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,691

)

(11,267

)

CREDITORS

Amounts falling due after more than one year

7

23,105

28,608

NET LIABILITIES

(40,796

)

(39,875

)

CAPITAL AND RESERVES

Called up share capital

8

172,100

172,100

Retained earnings

(212,896

)

(211,975

)

SHAREHOLDERS' FUNDS

(40,796

)

(39,875

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 6 October 2025 and were signed by:

R E Sobol - Director

1.	STATUTORY INFORMATION

TBR Payroll 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

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 fittings

-

25% on cost

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 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 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.

Going concern

These financial statements have been prepared on a going concern basis. The Directors anticipate that the company will be profitable in the forthcoming period and in the foreseeable future and will maintain positive cash flows.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 March 2024

and 28 February 2025

6,248

DEPRECIATION

At 1 March 2024

and 28 February 2025

6,248

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

14,280

20,030

VAT

304

304

Prepayments

100

100

14,684

20,434

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,031

6,099

Trade creditors

-

1

Social security and other taxes

30

30

Other creditors

23,255

23,255

Client Account balances

468

468

Accrued expenses

3,477

3,477

33,261

33,330

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

6,184

6,031

Bank loans - 2-5 years

16,921

19,024

Bank loans more 5 yr by instal

-

3,553

23,105

28,608

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

3,553

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

172,100

Ordinary

£1

172,100

172,100

9.	ULTIMATE CONTROLLING PARTY

The controlling party is R E Sobol.