TPH Global Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06724324

TPH Global Limited

Filleted Unaudited Accounts

31 March 2026

TPH Global Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		24,737	35,567

Current assets

Debtors	6	193,246	184,256
Cash at bank and in hand		10,163,514	10,892,579
		-------------	-------------
		10,356,760	11,076,835

Creditors: amounts falling due within one year	7	( 8,733,740)		( 9,156,504)
		-------------		-------------
Net current assets			1,623,020	1,920,331
			------------	------------
Total assets less current liabilities			1,647,757	1,955,898
			------------	------------
Net assets			1,647,757	1,955,898
			------------	------------

Capital and reserves

Called up share capital	8	1,200	1,200
Profit and loss account	9	1,646,557	1,954,698
		------------	------------
Shareholders funds		1,647,757	1,955,898
		------------	------------

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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .

TPH Global Limited

Statement of Financial Position (continued)

31 March 2026

These accounts were approved by the board of directors and authorised for issue on 19 October 2026 , and are signed on behalf of the board by:

Mr KS Plummer

Director

Company registration number: 06724324

TPH Global Limited

Notes to the Accounts

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Orange Street, London, WC2H 7DQ.

2. Statement of compliance

These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The accounts are prepared in sterling, which is the functional currency of the entity.

Going concern

In the opinion of the directors the company is a going concern and as such the accounts have been prepared on this basis. The directors consider the business to have sufficient cash reserves to enable it to meet its ongoing trading obligations as they fall due, for a period of not less than one year from the date the accounts are approved.

Revenue recognition

Turnover represents the fair value of payroll services provided during the year and the sale of payroll related software licences to clients, net of VAT. Turnover which has been recognised but not invoiced by the balance sheet date is included in debtors as accrued income. Amounts invoiced in advance are included in deferred income.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings	-	5 years straight line
Equipment	-	5 years straight line

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 25 (2025: 22 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 April 2025	18,149	101,751	119,900
Additions	–	1,527	1,527
	--------	---------	---------
At 31 March 2026	18,149	103,278	121,427
	--------	---------	---------
Depreciation
At 1 April 2025	8,381	75,952	84,333
Charge for the year	2,961	9,396	12,357
	--------	---------	---------
At 31 March 2026	11,342	85,348	96,690
	--------	---------	---------
Carrying amount
At 31 March 2026	6,807	17,930	24,737
	--------	---------	---------
At 31 March 2025	9,768	25,799	35,567
	--------	---------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	168,814	172,450
Other debtors	24,432	11,806
	---------	---------
	193,246	184,256
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,020	1,042
Corporation tax	54,681	78,139
Social security and other taxes	94,621	81,423
Other creditors	8,583,418	8,995,900
	------------	------------
	8,733,740	9,156,504
	------------	------------

8. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	1,200	1,200	1,200	1,200
	-------	-------	-------	-------

9. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Not later than 1 year	52,250	34,438
Later than 1 year and not later than 5 years	12,058	–
	--------	--------
	64,308	34,438
	--------	--------

11. Related party transactions

There are no related party transactions or balances to be disclosed under the requirements of FRS 102 Section 1A.

12. Controlling party

The immediate parent company and ultimate controlling party is TPH Group PTY Ltd , a company registered in Australia.