T.M.L.E. Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08092743 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

T.M.L.E. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Game

S Hawes

S Metcalf

I K Maconochie

O B R Maughan

REGISTERED OFFICE:

The Chestnuts

Brewers End

Takeley

Essex

CM22 6QJ

REGISTERED NUMBER:

08092743 (England and Wales)

ACCOUNTANTS:

Allium Wood Limited

Chartered Certified Accountants

The Chestnuts

Brewers End

Takeley

Essex

CM22 6QJ

FIXED ASSETS

Tangible assets

4

35,576

21,283

CURRENT ASSETS

Debtors

5

1,512,643

827,282

Cash at bank

1,179,802

773,368

2,692,445

1,600,650

CREDITORS

Amounts falling due within one year

6

1,924,630

1,247,020

NET CURRENT ASSETS

767,815

353,630

TOTAL ASSETS LESS CURRENT LIABILITIES

803,391

374,913

PROVISIONS FOR LIABILITIES

-

4,044

NET ASSETS

803,391

370,869

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

803,291

370,769

SHAREHOLDERS' FUNDS

803,391

370,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2020 and were signed on its behalf by:

M Game - Director

1.	STATUTORY INFORMATION

T.M.L.E. Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency is £ sterling.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2018 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2019

10,084

36,753

46,837

Additions

6,704

18,222

24,926

At 31 December 2019

16,788

54,975

71,763

DEPRECIATION

At 1 January 2019

4,267

21,287

25,554

Charge for year

2,080

8,553

10,633

At 31 December 2019

6,347

29,840

36,187

NET BOOK VALUE

At 31 December 2019

10,441

25,135

35,576

At 31 December 2018

5,817

15,466

21,283

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

1,470,095

744,631

Other debtors

42,548

82,651

1,512,643

827,282

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

1,230,761

923,584

Taxation and social security

256,212

155,398

Other creditors

437,657

168,038

1,924,630

1,247,020

7.	ULTIMATE CONTROLLING PARTY