Company Registration No. 08583711 (England and Wales)
PAYZEN Limited
Unaudited accounts
for the year ended 31 December 2025
PAYZEN Limited
Unaudited accounts
Contents
PAYZEN Limited
Company Information
for the year ended 31 December 2025
Company Number
08583711 (England and Wales)
Registered Office
72 Sunny Bank
London
SE25 4TG
PAYZEN Limited
Statement of financial position
as at 31 December 2025
Intangible assets
1,181,479
1,181,479
Cash at bank and in hand
184,708
184,708
Creditors: amounts falling due within one year
(86,760)
(86,760)
Net current assets
97,948
97,948
Net assets
1,279,427
1,279,427
Called up share capital
1,592,299
1,592,299
Profit and loss account
(312,872)
(312,872)
Shareholders' funds
1,279,427
1,279,427
For the year ending 31 December 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 31 December 2025 and were signed on its behalf by
Adekanmi Adedire
Director
Company Registration No. 08583711
PAYZEN Limited
Notes to the Accounts
for the year ended 31 December 2025
PAYZEN Limited is a private company, limited by shares, registered in England and Wales, registration number 08583711. The registered office is 72 Sunny Bank, London, SE25 4TG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 January 2025
66,000
1,678,188
1,744,188
At 31 December 2025
66,000
1,678,188
1,744,188
At 1 January 2025
66,000
496,709
562,709
At 31 December 2025
66,000
496,709
562,709
At 31 December 2025
-
1,181,479
1,181,479
At 31 December 2024
-
1,181,479
1,181,479
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
19,821
19,821
Loans from directors
66,189
66,189
6
Average number of employees
During the year the average number of employees was 10 (2024: 10).