FreshPay Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13203976

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		659,148		761,388
Tangible Assets	5		851		1,472

			659,999		762,860
CURRENT ASSETS
Debtors	6	4,460		1,072
Cash at bank and in hand		12,222		23,424

		16,682		24,496
Creditors: Amounts Falling Due Within One Year	7	(131,969 )		(147,978 )

NET CURRENT ASSETS (LIABILITIES)			(115,287 )		(123,482 )

TOTAL ASSETS LESS CURRENT LIABILITIES			544,712		639,378

Creditors: Amounts Falling Due After More Than One Year	8		(825,394 )		(797,701 )

NET LIABILITIES			(280,682 )		(158,323 )

CAPITAL AND RESERVES
Called up share capital	9		212,348		212,348
Share premium account			179,685		179,685
Profit and Loss Account			(672,715 )		(550,356 )

SHAREHOLDERS' FUNDS			(280,682)		(158,323)

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FreshPay Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Nicola Hageman

Director

15/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

FreshPay Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13203976 . The registered office is Unit 2 Pondtail Farm, Coolham Road, West Grinstead, West Sussex, RH13 8LN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are development. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

3 years

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 4)

4. Intangible Assets

	Other
	£
Cost
As at 1 March 2025	1,022,405

As at 28 February 2026	1,022,405

Amortisation
As at 1 March 2025	261,017
Provided during the period	102,240

As at 28 February 2026	363,257

Net Book Value
As at 28 February 2026	659,148

As at 1 March 2025	761,388

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FreshPay Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 March 2025	2,815

As at 28 February 2026	2,815

Depreciation
As at 1 March 2025	1,343
Provided during the period	621

As at 28 February 2026	1,964

Net Book Value
As at 28 February 2026	851

As at 1 March 2025	1,472

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	373	570
Prepayments and accrued income	4,004	419
Net wages	83	83

	4,460	1,072

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,309	2,577
Other loans	9,000	32,124
Other taxes and social security	1,160	395
VAT	13,928	3,007
Other creditors	101,822	101,958
Accruals and deferred income	4,750	7,917

	131,969	147,978

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FreshPay Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other loans	14,124	679,693
Loan - Jennie Gillam	65,119	-
Loan - Red Fish Accountancy	449,215	-
Loan - The Numbers Quarter	113,228	-
Loan - CJ Bookkeeping	8,685	-
Accruals and deferred income	175,023	118,008

	825,394	797,701

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	212,348	212,348

10. Related Party Transactions

As at 28 February 2026 the company owed £65,119 (2025: £80,000) to Miss J Gillam, one of the directors.

As at 28 February 2026 the company owed £449,215 (2025: £449,215) to Red Fish Accountancy Ltd, a company in which the director Ms J Gillam is a shareholder.

As at 28 February 2026 the company owed £113,228 (2025: £129,228) to The Numbers Quarter Limited, a company in which the director Mrs N Hageman is a shareholder.

As at 28 February 2026 the company owed £8,685 (2025: £30,285) to CJ Bookkeping Limited, a company in which the director Mrs C Haynes is a shareholder.
All of these loans are unsecured and repayable on demand.

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