TFG Pay Limited

TFG Pay Limited

TFG PAY LIMITED - Company Information

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1 November 2021 false No description of principal activity Taxfiler 2023.7 12292013business:PrivateLimitedCompanyLtd2021-11-012022-10-31 122920132021-10-31 122920132021-11-012022-10-31 12292013business:AuditExempt-NoAccountantsReport2021-11-012022-10-31 12292013business:FilletedAccounts2021-11-012022-10-31 122920132022-10-31 12292013business:Director12021-11-012022-10-31 12292013business:RegisteredOffice2021-11-012022-10-31 122920132021-10-31 12292013core:WithinOneYear2022-10-31 12292013core:WithinOneYear2021-10-31 12292013core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12292013core:ShareCapitalcore:PreviouslyStatedAmount2021-10-31 12292013core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12292013core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-10-31 12292013core:PreviouslyStatedAmount2022-10-31 12292013core:PreviouslyStatedAmount2021-10-31 12292013business:SmallEntities2021-11-012022-10-31 12292013countries:EnglandWales2021-11-012022-10-31 12292013core:LandBuildings2021-10-31 12292013core:PlantMachinery2021-10-31 12292013core:MotorVehicles2021-10-31 12292013core:FurnitureFittings2021-10-31 12292013core:ComputerEquipment2021-10-31 12292013core:LandBuildings2021-11-012022-10-31 12292013core:PlantMachinery2021-11-012022-10-31 12292013core:MotorVehicles2021-11-012022-10-31 12292013core:FurnitureFittings2021-11-012022-10-31 12292013core:ComputerEquipment2021-11-012022-10-31 12292013core:LandBuildings2022-10-31 12292013core:PlantMachinery2022-10-31 12292013core:MotorVehicles2022-10-31 12292013core:FurnitureFittings2022-10-31 12292013core:ComputerEquipment2022-10-31 122920132020-11-012021-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12292013 (England and Wales)
TFG Pay Limited Unaudited accounts for the year ended 31 October 2022
TFG Pay Limited Unaudited accounts Contents
Page
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TFG Pay Limited Company Information for the year ended 31 October 2022
Director
Jakub Zeman
Company Number
12292013 (England and Wales)
Registered Office
The Quarter 22-24 Stour Street Canterbury Kent CT1 2NZ ENGLAND
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TFG Pay Limited Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,022,248 
516,635 
Current assets
Inventories
458,033 
211,209 
Debtors
5
190,419 
101,882 
Cash at bank and in hand
388,966 
194,147 
1,037,418 
507,238 
Creditors: amounts falling due within one year
6
(308,144)
(219,144)
Net current assets
729,274 
288,094 
Net assets
1,751,522 
804,729 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,751,521 
804,728 
Shareholders' funds
1,751,522 
804,729 
For the year ending 31 October 2022 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 20 December 2022 and were signed on its behalf by
Jakub Zeman Director Company Registration No. 12292013
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TFG Pay Limited Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
TFG Pay Limited is a private company, limited by shares, registered in England and Wales, registration number 12292013. The registered office is The Quarter, 22-24 Stour Street, Canterbury, Kent, CT1 2NZ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 November 2021
198,650 
102,635 
135,308 
85,746 
76,870 
599,209 
Additions
178,705 
150,837 
210,871 
59,930 
98,134 
698,477 
At 31 October 2022
377,355 
253,472 
346,179 
145,676 
175,004 
1,297,686 
Depreciation
At 1 November 2021
9,712 
13,118 
25,186 
16,252 
18,306 
82,574 
Charge for the year
17,978 
37,064 
67,488 
28,406 
41,928 
192,864 
At 31 October 2022
27,690 
50,182 
92,674 
44,658 
60,234 
275,438 
Net book value
At 31 October 2022
349,665 
203,290 
253,505 
101,018 
114,770 
1,022,248 
At 31 October 2021
188,938 
89,517 
110,122 
69,494 
58,564 
516,635 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
190,419 
101,882 
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TFG Pay Limited Notes to the Accounts for the year ended 31 October 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
42,859 
30,381 
Taxes and social security
237,470 
188,763 
Other creditors
27,815 
- 
308,144 
219,144 
7
Average number of employees
During the year the average number of employees was 7 (2021: 7).
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