Abbreviated Company Accounts - TDM GROUP LIMITED

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
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Leasehold improvements equally over the lease duration
Motor Vehicles 25% Straight Line Basis
Equipment, Fixtures & Fittings 25% Straight Line Basis

Other accounting policies
Consolidation

In the opinion of the directors, the company and its subsidiary undertakings comprise a small
group. The company has therefore taken advantage of the exemption provided by Section 398 of
the Companies Act 2006 not to prepare group accounts.

Hire purchase agreements

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of
ownership remain with the lessor are charged against profits on a straight line basis over the
period of the lease.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax, with the
following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value
adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over
into replacement assets, only to the extent that, at the balance sheet date, there is a binding
agreement to dispose of the assets concerned. However, no provision is made where, on the
basis of all available evidence at the balance sheet date, it is more likely than not that the
taxable gain will be rolled over into replacement assets and charged to tax only where the
replacement assets are sold.
Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in
the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange
ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at
the rate of exchange ruling at the date of the transaction. Exchange differences are taken into
account in arriving at the operating profit.

3Fixed assets Investments
The company owns 100% of the issued share capital of the companies listed below:

Aggregate capital and reserves:
TDM Communications Limited (dormant) - 2013: £100 (2012: £100)
TDM Business Services Limited (dormant) - 2013: £100 (2012: £100)

Profit and (loss) for the year:
TDM Communications Limited (dormant) - 2013: £Nil (2012: £Nil)
TDM Business Services Limited (dormant) - 2013: £Nil (2012: £Nil)

The amounts of paid up share capital for the following categories of shares differed from the
called up share capital stated above due to unpaid calls and were as follows:

Ordinary Shares - 2013: £583 (2012: £2,717)

5Transactions with directors

During the year, the director, Ms L Barker, borrowed money from the company. At the year end,
Ms L Barker owed £471 (2012: £83) to the company. This is an interest free loan. The loan was
repaid on 31 January 2014.

During the year, the director, Mr T Meliti, borrowed money from the company. At the year end,
Mr T Meliti owed £2,650 (2012: £1,309) to the company. This is an interest free loan. The loan
was repaid on 31 May 2014.