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Company Registration No. 14324745 (England and Wales)
T1FF Online Ltd Unaudited accounts for the year ended 31 March 2025
T1FF Online Ltd Unaudited accounts Contents
Page
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T1FF Online Ltd Company Information for the year ended 31 March 2025
Director
D M Tiffney
Company Number
14324745 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU United Kingdom
Accountants
Daniel Sam Limited 61 Plodder Lane Farnworth Bolton BL4 0BX
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T1FF Online Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
965 
965 
Debtors
60 
199 
Cash at bank and in hand
183 
488 
1,208 
1,652 
Creditors: amounts falling due within one year
(5,978)
(4,824)
Net current liabilities
(4,770)
(3,172)
Net liabilities
(4,770)
(3,172)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(4,870)
(3,272)
Shareholders' funds
(4,770)
(3,172)
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 September 2025 and were signed on its behalf by
D M Tiffney Director Company Registration No. 14324745
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T1FF Online Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
T1FF Online Ltd is a private company, limited by shares, registered in England and Wales, registration number 14324745. The registered office is 20-22 Wenlock Road, London, N1 7GU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
60 
140 
Other debtors
- 
59 
60 
199 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
96 
Amounts owed to group undertakings and other participating interests
750 
- 
Loans from directors
5,228 
4,728 
5,978 
4,824 
6
Controlling party
The company is a wholly owned subsidiary of T1FF Ltd, a company registered in England and Wales under company number 13916897.
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T1FF Online Ltd Notes to the Accounts for the year ended 31 March 2025
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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