1 December 2023 false No description of principal activity Taxfiler 2024.6 09872986 business:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09872986 2023-11-30 09872986 2023-12-01 2024-11-30 09872986 business:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09872986 business:FilletedAccounts 2023-12-01 2024-11-30 09872986 2024-11-30 09872986 business:Director1 2023-12-01 2024-11-30 09872986 2023-11-30 09872986 core:WithinOneYear 2024-11-30 09872986 core:WithinOneYear 2023-11-30 09872986 core:AfterOneYear 2024-11-30 09872986 core:AfterOneYear 2023-11-30 09872986 core:ShareCapital core:PreviouslyStatedAmount 2024-11-30 09872986 core:ShareCapital core:PreviouslyStatedAmount 2023-11-30 09872986 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-11-30 09872986 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-11-30 09872986 core:PreviouslyStatedAmount 2024-11-30 09872986 core:PreviouslyStatedAmount 2023-11-30 09872986 business:SmallEntities 2023-12-01 2024-11-30 09872986 countries:EnglandWales 2023-12-01 2024-11-30 09872986 core:PlantMachinery 2023-11-30 09872986 core:PlantMachinery 2023-12-01 2024-11-30 09872986 core:PlantMachinery 2024-11-30 09872986 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09872986 (England and Wales)
Paymentsave Ltd Unaudited accounts for the year ended 30 November 2024
Paymentsave Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Paymentsave Ltd Company Information for the year ended 30 November 2024
Director
Umasa Tahmina
Company Number
09872986 (England and Wales)
Accountants
Farid & Co Chartered Certified Accountants & Tax Advisers Dever House (First Floor) 764 Barking Road London E13 9PJ
- 3 -
Paymentsave Ltd Statement of financial position as at 30 November 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
6,000
-
Current assets
Cash at bank and in hand
94,443
43,259
Creditors: amounts falling due within one year
5
(71,538)
(35,208)
Net current assets
22,905
8,051
Total assets less current liabilities
28,905
8,051
Creditors: amounts falling due after more than one year
6
(16,628)
(20,715)
Net assets/(liabilities)
12,277
(12,664)
Capital and reserves
Called up share capital
10
10
Profit and loss account
12,267
(12,674)
Shareholders' funds
12,277
(12,664)
For the year ending 30 November 2024 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 her 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 16 September 2025 and were signed on its behalf by
Umasa Tahmina Director Company Registration No. 09872986
- 4 -
Paymentsave Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Paymentsave Ltd is a private company, limited by shares, registered in England and Wales, registration number 09872986.
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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 December 2023
-
Additions
6,000
At 30 November 2024
6,000
Depreciation
At 30 November 2024
-
Net book value
At 30 November 2024
6,000
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
20,119
8,108
Other creditors
51,419
27,100
71,538
35,208
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
16,628
20,715
- 5 -
Paymentsave Ltd Notes to the Accounts for the year ended 30 November 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -