TIFTN LIMITED 12501837 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is that of taxi services. Digita Accounts Production Advanced 6.30.9574.0 true 12501837 2024-04-01 2025-03-31 12501837 2025-03-31 12501837 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 12501837 bus:Micro-entities 2024-04-01 2025-03-31 12501837 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12501837 bus:FullAccounts 2024-04-01 2025-03-31 12501837 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12501837 bus:RegisteredOffice 2024-04-01 2025-03-31 12501837 bus:CompanySecretary1 2024-04-01 2025-03-31 12501837 bus:Director1 2024-04-01 2025-03-31 12501837 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12501837 bus:Agent1 2024-04-01 2025-03-31 12501837 countries:EnglandWales 2024-04-01 2025-03-31 12501837 dpl:AdministrativeExpenses 2024-04-01 2025-03-31 12501837 dpl:CostSales 2024-04-01 2025-03-31 12501837 2023-04-01 2024-03-31 12501837 2024-03-31 12501837 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12501837 dpl:AdministrativeExpenses 2023-04-01 2024-03-31 12501837 dpl:CostSales 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 12501837

TIFTN LIMITED

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2025

 

TIFTN LIMITED

Contents

Company Information

1

Income Statement

2

Statement of Financial Position

3 to 4

Notes to the Unaudited Financial Statements

3

iXBRL Detailed Profit and Loss Account

5

 

TIFTN LIMITED

Company Information

Director

Mr T Islam

Company secretary

Mr S Abbas

Registered office

5 Theobald Court
Theobald Street
Borehamwood
WD6 4RN

Accountants

Sterling Associates
Chartered Certified Accountants5 Theobald Court
Theobald Street
Elstree
Hertfordshire
WD6 4RN

 

TIFTN LIMITED

Income Statement for the Year Ended 31 March 2025

2025
£

2024
£

Turnover

40,979

61,775

Cost of raw materials and consumables

(12,575)

(27,666)

Staff costs

(12,932)

(11,373)

Depreciation and other amounts written off assets

(3,385)

(4,514)

Other charges

(11,101)

(14,726)

Profit before tax

986

3,496

Tax on profit

-

(1,522)

Profit for the year

986

1,974

 

TIFTN LIMITED

(Registration number: 12501837)
Statement of Financial Position as at 31 March 2025

2025
£

2024
£

Fixed assets

10,155

13,540

Current assets

1,458

480

Prepayments and accrued income

1,800

1,800

Creditors: Amounts falling due within one year

(12,387)

(14,780)

Net current liabilities

(9,129)

(12,500)

Total assets less current liabilities

1,026

1,040

Accruals and deferred income

(900)

(900)

 

126

140

Capital and reserves

126

140

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5 Theobald Court
Theobald Street
Borehamwood
WD6 4RN
England

These financial statements were authorised for issue by the director on 18 January 2026.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and FRS 105 ‘The Financial Reporting Standard Applicable to the Micro-entities Regime.

 

TIFTN LIMITED

(Registration number: 12501837)
Statement of Financial Position as at 31 March 2025

Approved and authorised by the director on 18 January 2026
 

.........................................
Mr T Islam
Director

 

TIFTN LIMITED

iXBRL Detailed Profit and Loss Account for the Year Ended 31 March 2025

2025
£

2024
£

Turnover/revenue

40,979

61,775

Cost of sales

Vehicle costs

(9,298)

(24,468)

Insurance costs

(3,277)

(3,198)

Gross profit

28,404

34,109

Distribution costs

Administrative expenses

Audit and accountancy other services

(1,000)

(2,500)

Depreciation of fixed assets

(3,385)

(4,514)

Wages and salaries excluding directors

(5,600)

(2,274)

Salaries and fees, directors

(7,332)

(9,099)

Travel and subsistence

(2,998)

(3,148)

Bank charges

(644)

(78)

Telecommunications

(1,823)

(1,774)

Printing, postage and stationery

(250)

(270)

Subscriptions

(423)

(481)

Other costs

(3,318)

(4,510)

Other operating income

Other items

Profit on ordinary activities before finance charges and interest

1,631

5,461

Interest expense on bank overdraft, bank loans and similar borrowings

(645)

(1,371)

Non-bank interest and similar charges

-

(594)

Profit on ordinary activities before taxation

986

3,496

Tax on profit or loss on ordinary activities

-

(1,522)

Profit for the financial year

986

1,974