TGH Enterprise Limited

TGH Enterprise Limited

TGH ENTERPRISE LIMITED - Company Information

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1 February 2015 true false 088461382015-01-31 088461382015-02-012016-01-31 088461382016-01-31 088461382015-01-31 08846138uk-bus:Director22015-02-012016-01-31 08846138uk-gaap:MotorVehicles2015-02-012016-01-31 08846138uk-gaap:FixturesFittings2015-02-012016-01-31 08846138uk-gaap:MotorVehicles2015-01-31 08846138uk-gaap:FixturesFittings2015-01-31 08846138uk-gaap:MotorVehicles2016-01-31 08846138uk-gaap:FixturesFittings2016-01-31 08846138uk-bus:OrdinaryShareClass12016-01-31 08846138uk-bus:OrdinaryShareClass12015-02-012016-01-31 08846138uk-bus:OrdinaryShareClass12015-01-31 iso4217:GBP xbrli:shares
Company Registration No. 08846138 (England and Wales)
TGH Enterprise Limited Abbreviated unaudited accounts for the year ended 31 January 2016
TGH Enterprise Limited Abbreviated Balance Sheet as at 31 January 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
2
10,119 
12,617 
Current assets
Debtors
55,616 
128,743 
Cash at bank and in hand
15,547 
13,745 
71,163 
142,488 
Creditors: amounts falling due within one year
(65,922)
(147,818)
Net current assets/(liabilities)
5,241 
(5,330)
Net assets
15,360 
7,287 
Capital and reserves
Called up share capital
3
100 
100 
Profit and loss account
15,260 
7,187 
Total shareholders' funds
15,360 
7,287 
For the year ending 31 January 2016 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 in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 26 October 2016
Matthew Bennison Director Company Registration No. 08846138
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TGH Enterprise Limited Notes to the Abbreviated Accounts for the year ended 31 January 2016
1
Accounting policies
Basis of preparation
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
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
20% Straight Line Basis
Deferred taxation
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.
2
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost
At 1 February 2015
8,000 
7,437 
15,437 
Additions
- 
1,656 
1,656 
At 31 January 2016
8,000 
9,093 
17,093 
Depreciation
At 1 February 2015
1,333 
1,487 
2,820 
Charge for the year
2,667 
1,487 
4,154 
At 31 January 2016
4,000 
2,974 
6,974 
Net book value
At 31 January 2016
4,000 
6,119 
10,119 
At 31 January 2015
6,667 
5,950 
12,617 
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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