REGISTERED NUMBER: 12566417 (England and Wales)

Financial Statements for the Year Ended 30 April 2025

for

Payron Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T Galica

Mrs. R Raubiske

D Zakrevskis

REGISTERED OFFICE:

Interchange House

1st Floor, 81-85 Station Road

Croydon

London

CR0 2RD

REGISTERED NUMBER:

12566417 (England and Wales)

AUDITORS:

MGA Accountants LLP

3rd Floor, Sovereign House

1 Albert Place

London

N3 1QB

FIXED ASSETS

Tangible assets

4

21,315

31,973

CURRENT ASSETS

Debtors

5

869,270

498,288

Cash at bank

213,662

18,292

1,082,932

516,580

CREDITORS

Amounts falling due within one year

6

726,563

164,197

NET CURRENT ASSETS

356,369

352,383

TOTAL ASSETS LESS CURRENT LIABILITIES

377,684

384,356

CAPITAL AND RESERVES

Called up share capital

710,467

710,467

Retained earnings

(332,783

)

(326,111

)

377,684

384,356

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 Board of Directors and authorised for issue on 2 September 2026 and were signed on its behalf by:

Mrs. R Raubiske - Director

1.	STATUTORY INFORMATION

Payron 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

€

COST

At 1 May 2024

and 30 April 2025

53,288

DEPRECIATION

At 1 May 2024

21,315

Charge for year

10,658

At 30 April 2025

31,973

NET BOOK VALUE

At 30 April 2025

21,315

At 30 April 2024

31,973

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

€

€

Trade debtors

517,982

147,000

Other debtors

351,288

351,288

869,270

498,288

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

€

€

Trade creditors

2,158

1

Taxation and social security

4,675

-

Other creditors

719,730

164,196

726,563

164,197

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mital Gandhi (Senior Statutory Auditor)

for and on behalf of MGA Accountants LLP