TRANSAX NETWORKS LTD

Company Registration Number:
11780954 (England and Wales)

Unaudited statutory accounts for the year ended 30 January 2025

Period of accounts

Start date: 31 January 2024

End date: 30 January 2025

TRANSAX NETWORKS LTD

Contents of the Financial Statements

for the Period Ended 30 January 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TRANSAX NETWORKS LTD

Profit And Loss Account

for the Period Ended 30 January 2025

2025 2024


£
£
Turnover: 75,868,926 18,078,238
Cost of sales: ( 75,291,253 ) ( 15,148,939 )
Gross profit(or loss): 577,673 2,929,299
Distribution costs: ( 310,430 ) ( 321,578 )
Administrative expenses: ( 168,310 ) ( 171,267 )
Operating profit(or loss): 98,933 2,436,454
Profit(or loss) before tax: 98,933 2,436,454
Profit(or loss) for the financial year: 98,933 2,436,454

TRANSAX NETWORKS LTD

Balance sheet

As at 30 January 2025

Notes 2025 2024


£
£
Called up share capital not paid: 4,500 4,000
Fixed assets
Intangible assets: 3 285,340 260,861
Tangible assets: 4 3,170,506 3,041,811
Investments: 5 240,360 225,467
Total fixed assets: 3,696,206 3,528,139
Current assets
Stocks: 6 270,540 345,628
Debtors: 7 267,510 468,289
Cash at bank and in hand: 335,678 598,223
Total current assets: 873,728 1,412,140
Prepayments and accrued income: 68,891 67,891
Creditors: amounts falling due within one year: 8 ( 265,140 ) ( 382,967 )
Net current assets (liabilities): 677,479 1,097,064
Total assets less current liabilities: 4,378,185 4,629,203
Creditors: amounts falling due after more than one year: 9 ( 135,890 ) ( 245,734 )
Provision for liabilities: ( 185,430 ) ( 218,534 )
Accruals and deferred income: ( 27,267 ) ( 27,267 )
Total net assets (liabilities): 4,029,598 4,137,668
Capital and reserves
Called up share capital: 5,000 4,500
Other reserves: 3,925,665 1,696,714
Profit and loss account: 98,933 2,436,454
Total Shareholders' funds: 4,029,598 4,137,668

The notes form part of these financial statements

TRANSAX NETWORKS LTD

Balance sheet statements

For the year ending 30 January 2025 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.

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

This report was approved by the board of directors on 15 October 2025
and signed on behalf of the board by:

Name: Muhammad Saqlain Sajid
Status: Director

The notes form part of these financial statements

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Revenue is Recognised When it is Probable that Its Economic Benefits associated with tranactions will flow to company .

    Tangible fixed assets depreciation policy

    Assets should be depreciated 20 % Reducing balance Method.

    Valuation information and policy

    At Fair market value

    Other accounting policies

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

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 25 22

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 31 January 2024 260,861 0 260,861
Additions 24,479 0 24,479
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 January 2025 285,340 0 285,340
Amortisation
At 31 January 2024 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 30 January 2025 0 0 0
Net book value
At 30 January 2025 285,340 0 285,340
At 30 January 2024 260,861 0 260,861

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 January 2024 1,961,067 491,461 372,158 81,058 136,067 3,041,811
Additions 45,670 60,130 10,230 8,067 4,598 128,695
Disposals
Revaluations
Transfers
At 30 January 2025 2,006,737 551,591 382,388 89,125 140,665 3,170,506
Depreciation
At 31 January 2024 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 January 2025 0 0 0 0 0 0
Net book value
At 30 January 2025 2,006,737 551,591 382,388 89,125 140,665 3,170,506
At 30 January 2024 1,961,067 491,461 372,158 81,058 136,067 3,041,811

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

5. Fixed assets investments note

Computers, Scanners, Printers, Mobiles, Furniture, Fans, Heater, Air Conditioner, Car, Soft Switches.

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

6. Stocks

2025 2024
£ £
Stocks 270,540 345,628
Total 270,540 345,628

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

7. Debtors

2025 2024
£ £
Trade debtors 267,510 468,289
Total 267,510 468,289

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

8. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 265,140 382,967
Total 265,140 382,967

TRANSAX NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 30 January 2025

9. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 135,890 245,734
Total 135,890 245,734