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Company Registration No. 03768270 (England and Wales)
Tarem Services Limited Unaudited accounts for the year ended 31 July 2025
Tarem Services Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Tarem Services Limited Company Information for the year ended 31 July 2025
Directors
Samuel Komolafe Titus Komolafe
Company Number
03768270 (England and Wales)
Registered Office
UNIT 19 BROCKLEY CROSS BUSINESS CENTRE 96 ENDWELL ROAD LONDON SE4 2PD
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Tarem Services Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
55,097
71,949
Current assets
Debtors
5
2,004,096
2,334,617
Investments
6
30,500
24,500
Cash at bank and in hand
(22,717)
45,308
2,011,879
2,404,425
Creditors: amounts falling due within one year
7
(713,438)
(963,645)
Net current assets
1,298,441
1,440,780
Total assets less current liabilities
1,353,538
1,512,729
Creditors: amounts falling due after more than one year
8
(50,498)
(102,525)
Net assets
1,303,040
1,410,204
Capital and reserves
Called up share capital
20,737
20,737
Profit and loss account
1,282,303
1,389,467
Shareholders' funds
1,303,040
1,410,204
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 10 March 2026 and were signed on its behalf by
Samuel Komolafe Director Company Registration No. 03768270
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Tarem Services Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Tarem Services Limited is a private company, limited by shares, registered in England and Wales, registration number 03768270. The registered office is UNIT 19 BROCKLEY CROSS BUSINESS CENTRE, 96 ENDWELL ROAD, LONDON, SE4 2PD.
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.
Turnover
Turnover represents net invoiced sales, excluding value added tax. In respect of contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced.
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:
Motor vehicles
25% on cost
Computer equipment
25% on cost
Investments
Investments in shares are included at fair value.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Tarem Services Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
22,328
109,715
-
3,924
135,967
Additions
753
4,219
2,492
-
7,464
At 31 July 2025
23,081
113,934
2,492
3,924
143,431
Depreciation
At 1 August 2024
5,738
56,240
-
2,040
64,018
Charge for the year
2,700
20,586
-
1,030
24,316
At 31 July 2025
8,438
76,826
-
3,070
88,334
Net book value
At 31 July 2025
14,643
37,108
2,492
854
55,097
At 31 July 2024
16,590
53,475
-
1,884
71,949
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
327,577
471,792
Amounts due from group undertakings etc.
1,672,981
1,642,457
Accrued income and prepayments
2,919
14,302
Other debtors
619
206,066
2,004,096
2,334,617
6
Investments held as current assets
2025
2024
£
£
Listed investments
30,500
24,500
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
102,522
188,986
VAT
73,795
149,478
Obligations under finance leases and hire purchase contracts
25,244
40,325
Trade creditors
91,444
79,274
Amounts owed to group undertakings and other participating interests
560
560
Taxes and social security
150,786
160,991
Proposed dividends
-
1,257
Other creditors
223,736
252,423
Accruals
45,351
90,351
713,438
963,645
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
50,498
102,525
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Tarem Services Limited Notes to the Accounts for the year ended 31 July 2025
9
Average number of employees
During the year the average number of employees was 127 (2024: 129).
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