Company Registration No. 07130045 (England and Wales)
Payroll Sorted Limited
Unaudited accounts
for the year ended 31 January 2026
Payroll Sorted Limited
Unaudited accounts
Contents
Payroll Sorted Limited
Company Information
for the year ended 31 January 2026
Company Number
07130045 (England and Wales)
Registered Office
Unit 34 Lubards Farm
Hullbridge Road
Rayleigh
Essex
SS6 9QG
Accountants
Platts
Unit 5 Swaker Yard
2b Theobald Street
Herts
WD6 4SE
Payroll Sorted Limited
Statement of financial position
as at 31 January 2026
Tangible assets
30,581
31,010
Cash at bank and in hand
194,102
80,276
Creditors: amounts falling due within one year
(155,823)
(105,474)
Net current assets
78,471
5,293
Total assets less current liabilities
109,052
36,303
Creditors: amounts falling due after more than one year
(31,616)
(35,223)
Called up share capital
1
1
Profit and loss account
77,435
1,079
Shareholders' funds
77,436
1,080
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 3 September 2026 and were signed on its behalf by
Mr B Tyler
Director
Company Registration No. 07130045
Payroll Sorted Limited
Notes to the Accounts
for the year ended 31 January 2026
Payroll Sorted Limited is a private company, limited by shares, registered in England and Wales, registration number 07130045. The registered office is Unit 34 Lubards Farm, Hullbridge Road, Rayleigh, Essex, SS6 9QG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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.
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:
Expenditure on research and development is written off in the year in which it is incurred.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Payroll Sorted Limited
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2025
18,136
75,800
93,936
At 31 January 2026
18,136
83,016
101,152
At 1 February 2025
7,615
55,311
62,926
Charge for the year
2,104
5,541
7,645
At 31 January 2026
9,719
60,852
70,571
At 31 January 2026
8,417
22,164
30,581
At 31 January 2025
10,521
20,489
31,010
Amounts falling due within one year
Trade debtors
10,867
11,049
Accrued income and prepayments
4,931
3,420
Other debtors
24,394
16,022
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
38,668
5,361
Obligations under finance leases and hire purchase contracts
4,595
4,595
Trade creditors
31,494
26,413
Taxes and social security
16,089
10,202
Other creditors
5,726
2,436
Loans from directors
329
708
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
7,577
9,603
8
Average number of employees
During the year the average number of employees was 25 (2025: 32).