Abbreviated Company Accounts - TMG CONSULTANCY LTD

TMG CONSULTANCY LTD - Company Information

Registered Number 06729175

TMG CONSULTANCY LTD

Abbreviated Accounts

31 October 2014

TMG CONSULTANCY LTD Registered Number 06729175

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	131	164
		131	164
Current assets
Debtors		71,044	10,942
Cash at bank and in hand		2,346	16,893
		73,390	27,835
Creditors: amounts falling due within one year		(59,907)	(15,405)
Net current assets (liabilities)		13,483	12,430
Total assets less current liabilities		13,614	12,594
Total net assets (liabilities)		13,614	12,594
Capital and reserves
Called up share capital		925	925
Profit and loss account		12,689	11,669
Shareholders' funds		13,614	12,594

For the year ending 31 October 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 July 2015

And signed on their behalf by:
Dr Augustine Forba Ngemoh, Director
Dr Sako Burnley, Director

TMG CONSULTANCY LTD Registered Number 06729175

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the value of services provided by the company in overseas countries in the normal course of business.

Tangible assets depreciation policy
Depreciation is provided on all Tangible Fixed Assets on a reducing balance basis to write off the cost of fixed assets as follows:

Furniture, fixtures and equipment 20% per annum.

2Tangible fixed assets

	£
Cost
At 1 November 2013	500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	500
Depreciation
At 1 November 2013	336
Charge for the year	33
On disposals	-
At 31 October 2014	369
Net book values
At 31 October 2014	131
At 31 October 2013	164