| Paymentsave(UK) Limited |
| Registered number: |
10477496 |
| Balance Sheet |
| as at 30 November 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
140,943 |
|
|
84,657 |
|
| Current assets |
| Debtors |
4 |
|
21,166 |
|
|
7,677 |
| Cash at bank and in hand |
|
|
336,172 |
|
|
290,461 |
|
|
|
357,338 |
|
|
298,138 |
|
| Creditors: amounts falling due within one year |
5 |
|
(244,064) |
|
|
(325,742) |
|
| Net current assets/(liabilities) |
|
|
|
113,274 |
|
|
(27,604) |
|
| Net assets |
|
|
|
254,217 |
|
|
57,053 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,000 |
|
|
10 |
| Profit and loss account |
|
|
|
253,217 |
|
|
57,043 |
|
| Shareholders' funds |
|
|
|
254,217 |
|
|
57,053 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Sm Asaduzzaman Kanok |
| Director |
| Approved by the board on 23 September 2026 |
|
| Paymentsave(UK) Limited |
| Notes to the Accounts |
| for the year ended 30 November 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the total value of services provided during the year, excluding value added tax. Revenue is recognised when the significant risks and rewards of ownership have transferred to the customer, the amount can be measured reliably, and it is probable that future economic benefits will flow to the company. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are stated at historical cost less accumulated depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, over their expected useful lives as follows: |
|
|
Computer equipment and software |
20% straight line |
|
Fixtures, fittings, computer equipment |
33% straight line |
|
|
Debtors |
|
Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. |
|
|
Creditors |
|
Creditors are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due can be measured reliably. |
|
|
Taxation |
|
The tax expense represents the sum of the tax currently payable and deferred tax. Current tax is based on taxable profit for the year. Deferred tax is recognised on all timing differences between accounting profit and taxable profit unless the deferred tax asset cannot be reliably measured. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Leased assets |
|
Leases are classified as operating leases.
The lease relates to a vehicle under an operating lease agreement. Lease payments per month are charged to profit and loss as incurred. The initial deposit has been treated as a prepayment and is being amortised over the lease term. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme in compliance with the auto-enrolment obligations under the Pensions Act 2008. Contributions are made to a registered workplace pension scheme on behalf of eligible employees. The assets of the scheme are held separately from those of the company in independently administered funds. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
33 |
|
22 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 December 2024 |
111,663 |
|
Additions |
91,274 |
|
At 30 November 2025 |
202,937 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2024 |
27,006 |
|
Charge for the year |
34,988 |
|
At 30 November 2025 |
61,994 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2025 |
140,943 |
|
At 30 November 2024 |
84,657 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
6,989 |
|
- |
|
Other debtors |
14,177 |
|
7,677 |
|
|
|
|
|
|
21,166 |
|
7,677 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans (BBL) and overdrafts |
51,919 |
|
36,249 |
|
Trade creditors |
20,546 |
|
- |
|
Taxation and social security costs |
67,543 |
|
(6,373) |
|
Other creditors |
104,056 |
|
295,866 |
|
|
|
|
|
|
244,064 |
|
325,742 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Paymentsave(UK) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 7 Stanton Gate, |
|
49 Mawney Road |
|
Romford |
|
RM7 7HL |