REGISTERED NUMBER: 05414043 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Taxpoint Direct Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M K Talukder

REGISTERED OFFICE:

Taxpoint Direct

Suit 310E

Sterling House, Langston Road

Loughton

Essex

IG10 3TS

REGISTERED NUMBER:

05414043 (England and Wales)

ACCOUNTANTS:

NRV Tax Ltd

Chartered Certified Accountants

13-17 High Beech Road

Loughton

IG10 4BN

FIXED ASSETS

Tangible assets

4

13,170

14,134

CURRENT ASSETS

Stocks

2,950

2,850

Debtors

5

202,319

153,872

Cash at bank and in hand

634

14,898

205,903

171,620

CREDITORS

Amounts falling due within one year

6

101,077

119,048

NET CURRENT ASSETS

104,826

52,572

TOTAL ASSETS LESS CURRENT LIABILITIES

117,996

66,706

CREDITORS

Amounts falling due after more than one year

7

107,364

53,333

NET ASSETS

10,632

13,373

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

10,532

13,273

SHAREHOLDERS' FUNDS

10,632

13,373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 January 2026 and were signed by:

M K Talukder - Director

1.	STATUTORY INFORMATION

Taxpoint Direct 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 April 2024

4,751

586

3,708

Additions

-

-

-

At 31 March 2025

4,751

586

3,708

DEPRECIATION

At 1 April 2024

-

-

3,708

Charge for year

-

-

-

At 31 March 2025

-

-

3,708

NET BOOK VALUE

At 31 March 2025

4,751

586

-

At 31 March 2024

4,751

586

-

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

11,842

32,950

53,837

Additions

-

388

388

At 31 March 2025

11,842

33,338

54,225

DEPRECIATION

At 1 April 2024

10,867

25,128

39,703

Charge for year

120

1,232

1,352

At 31 March 2025

10,987

26,360

41,055

NET BOOK VALUE

At 31 March 2025

855

6,978

13,170

At 31 March 2024

975

7,822

14,134

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade & other debtors

202,319

153,872

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

36,147

41,507

Trade & other creditors

5,714

3,260

Tax

20,283

12,650

Social security and other taxes

7,361

10,034

VAT

28,347

19,178

Directors' current accounts

2,025

24,113

Accrued expenses

1,200

8,306

101,077

119,048

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

40,529

53,333

Other loans - 2-5 years

66,835

-

107,364

53,333

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary Share Capital

1

100

100

9.

RESERVES

Retained

earnings

£

At 1 April 2024

13,273

Profit for the year

52,634

Dividends

(55,375

)

At 31 March 2025

10,532