Company Registration No. 08846138 (England and Wales)
TGH Enterprise Limited
Unaudited accounts
for the year ended 31 January 2023
TGH Enterprise Limited
Unaudited accounts
Contents
TGH Enterprise Limited
Company Information
for the year ended 31 January 2023
Directors
Timothy Whitworth
Matthew Bennison
Company Number
08846138 (England and Wales)
Registered Office
BOWCLIFFE HALL
BRAMHAM
WETHERBY
WEST YORKSHIRE
LS23 6LP
Accountants
Simpson Accounting Services
38 Kellington Lane
Eggborough
North Yorkshire
DN14 0LB
TGH Enterprise Limited
Statement of financial position
as at 31 January 2023
Tangible assets
44,513
56,147
Cash at bank and in hand
17,491
52,096
Creditors: amounts falling due within one year
(463,425)
(197,298)
Net current assets
12,949
1,044
Called up share capital
100
100
Profit and loss account
57,362
57,091
Shareholders' funds
57,462
57,191
For the year ending 31 January 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 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 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 of Directors and authorised for issue on 30 October 2023 and were signed on its behalf by
Timothy Whitworth
Director
Company Registration No. 08846138
TGH Enterprise Limited
Notes to the Accounts
for the year ended 31 January 2023
TGH Enterprise Limited is a private company, limited by shares, registered in England and Wales, registration number 08846138. The registered office is BOWCLIFFE HALL, BRAMHAM, WETHERBY, WEST YORKSHIRE, LS23 6LP.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33% Straight Line Basis
Fixtures & fittings
100% Straight Line Basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
TGH Enterprise Limited
Notes to the Accounts
for the year ended 31 January 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
59,958
12,994
1,739
74,691
Additions
-
200
4,725
4,925
At 31 January 2023
59,958
13,194
6,464
79,616
At 1 February 2022
6,280
12,228
36
18,544
Charge for the year
14,989
210
1,360
16,559
At 31 January 2023
21,269
12,438
1,396
35,103
At 31 January 2023
38,689
756
5,068
44,513
At 31 January 2022
53,678
766
1,703
56,147
Amounts falling due within one year
Accrued income and prepayments
-
12,000
Amounts falling due after more than one year
Amounts due from group undertakings etc.
368,789
130,482
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
22,913
15,142
Amounts owed to group undertakings and other participating interests
369,958
117,900
Taxes and social security
4,833
1,448
Other creditors
55,526
52,713
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
