TMGH Ltd 31/03/2021 iXBRL
TMGH Ltd 31/03/2021 iXBRL
Company registration number:
07264889
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Business address |
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Accountants |
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8-10 Gatley Road | ||
Cheadle | ||
Cheshire | ||
SK8 1PY | ||
Bankers |
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1 Marsden Street | ||
Manchester | ||
M2 1HW | ||
Statement of financial position
31 March 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Investments | 5 |
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Creditors: amounts falling due | |||||||||
within one year | 6 |
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Net current liabilities |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Capital redemption reserve |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
21 December 2021
, and are signed on behalf of the board by:
Director
Company registration number:
07264889
Notes to the financial statements
Year ended 31 March 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Oakwood Square, Cheadle Royal Business Park, Cheadle, Cheshire, SK8 3SB.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Consolidation
Taxation
Fixed asset investments
Investments in subsidiaries are measured at cost less accumulated impairment.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2020:
2
).
The company has no employees other than the directors, who did not receive any remuneration (2020: £Nil)
5.
Investments
Shares in group undertakings and participating interests | Total | ||
£ | £ | ||
Cost | |||
At 1 April 2020 and 31 March 2021 |
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Impairment | |||
At 1 April 2020 and 31 March 2021 | - | - | |
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Carrying amount | |||
At 31 March 2021 |
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At 31 March 2020 |
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6.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Other creditors |
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Amounts owed to group undertakings are unsecured, interest free and repayable on demand.Other creditors include loans from directors of £319,881 (2020: £319,881).
7.
Related party transactions
At 31 March 2021 the company owed £319,881 to the directors (2020: £319,881). No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within one year.