First2pay Technologies Limited

First2pay Technologies Limited

ALFIAPAY LIMITED - Company Information

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1 August 2022 false No description of principal activity Taxfiler 2024.1 13499268business:PrivateLimitedCompanyLtd2022-08-012023-12-31 134992682022-07-31 13499268business:EntityNoLongerTradingButTradedInPast2022-08-012023-12-31 134992682022-08-012023-12-31 13499268business:AuditExemptWithAccountantsReport2022-08-012023-12-31 13499268business:FilletedAccounts2022-08-012023-12-31 134992682023-12-31 13499268business:Director22022-08-012023-12-31 13499268business:RegisteredOffice2022-08-012023-12-31 134992682022-07-31 13499268core:WithinOneYear2023-12-31 13499268core:WithinOneYear2022-07-31 13499268core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13499268core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 13499268core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13499268core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 13499268core:PreviouslyStatedAmount2023-12-31 13499268core:PreviouslyStatedAmount2022-07-31 13499268business:SmallEntities2022-08-012023-12-31 13499268countries:EnglandWales2022-08-012023-12-31 13499268core:PlantMachinery2022-08-012023-12-31 13499268core:ComputerEquipment2022-07-31 13499268core:ComputerEquipment2022-08-012023-12-31 13499268core:ComputerEquipment2023-12-31 13499268business:OrdinaryShareClass12022-08-012023-12-31 13499268business:OrdinaryShareClass12021-07-072022-07-31 134992682021-07-072022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13499268 (England and Wales)
First2pay Technologies Limited Unaudited accounts for the period from 1 August 2022 to 31 December 2023
First2pay Technologies Limited Unaudited accounts Contents
Page
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First2pay Technologies Limited Company Information for the period from 1 August 2022 to 31 December 2023
Director
Sa'Ar Mazliach Alfia
Company Number
13499268 (England and Wales)
Registered Office
103 High Street Waltham Cross Hertfordshire EN8 7AN United Kingdom
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross EN8 7AN
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of First2pay Technologies Limited for the period from 1 August 2022 to 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of First2pay Technologies Limited for the period from 1 August 2022 to 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of First2pay Technologies Limited, as a body, in accordance with the terms of our engagement letter dated 12 July 2021. Our work has been undertaken solely to prepare for your approval the accounts of First2pay Technologies Limited and state those matters that we have agreed to state to the Board of Directors of First2pay Technologies Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than First2pay Technologies Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that First2pay Technologies Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of First2pay Technologies Limited. You consider that First2pay Technologies Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of First2pay Technologies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross EN8 7AN 2 April 2024
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First2pay Technologies Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,984 
- 
Current assets
Cash at bank and in hand
7,650 
100 
Creditors: amounts falling due within one year
5
(2,456)
- 
Net current assets
5,194 
100 
Net assets
9,178 
100 
Capital and reserves
Called up share capital
6
100 
100 
Profit and loss account
9,078 
- 
Shareholders' funds
9,178 
100 
For the period ending 31 December 2023 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 2 April 2024 and were signed on its behalf by
Sa'Ar Mazliach Alfia Director Company Registration No. 13499268
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First2pay Technologies Limited Notes to the Accounts for the period from 1 August 2022 to 31 December 2023
1
Statutory information
First2pay Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 13499268. The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN, United Kingdom.
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 period, 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:
Plant & machinery
20% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2022
- 
Additions
3,984 
At 31 December 2023
3,984 
Depreciation
At 31 December 2023
- 
Net book value
At 31 December 2023
3,984 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,195 
- 
Loans from directors
511 
- 
Accruals
750 
- 
2,456 
- 
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First2pay Technologies Limited Notes to the Accounts for the period from 1 August 2022 to 31 December 2023
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Transactions with related parties
The company was under the control of Mr Sa'Ar Alfia throughout the current period. Mr Alfia is interested in 100% of the issued shares of the company.
8
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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