TGR Retail Ltd - Abbreviated accounts 16.1

TGR Retail Ltd - Abbreviated accounts 16.1

TGR RETAIL LTD - Company Information

Print Friendly Version

07212397 1.4.15 31.3.16 31.3.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 A Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure072123972015-03-31072123972016-03-31072123972015-04-012016-03-31072123972014-03-31072123972014-04-012015-03-31072123972015-03-3107212397ns12:England2015-04-012016-03-3107212397ns14:PoundSterling2015-04-012016-03-3107212397ns7:Director12015-04-012016-03-3107212397ns7:Director22015-04-012016-03-3107212397ns7:OrdinaryShareClass12015-04-012016-03-3107212397ns7:OrdinaryShareClass22015-04-012016-03-3107212397ns7:CompanySecretary2015-04-012016-03-3107212397ns7:RegisteredOffice2015-04-012016-03-3107212397ns7:EntityAccountantsOrAuditors2015-04-012016-03-3107212397ns7:EntityLawyersOrLegalAdvisers2015-04-012016-03-3107212397ns5:NetGoodwill2015-04-012016-03-3107212397ns5:PatentsConcessionsLicencesTradeMarksSimilar2015-04-012016-03-3107212397ns5:LandBuildingsns5:ShortLeaseholdProperties2015-04-012016-03-3107212397ns5:ImprovementsOrDevelopmentAssets2015-04-012016-03-3107212397ns5:PlantMachinery2015-04-012016-03-3107212397ns5:FixturesFittings2015-04-012016-03-3107212397ns5:ComputerEquipment2015-04-012016-03-3107212397ns7:OrdinaryShareClass12016-03-3107212397ns7:OrdinaryShareClass12015-03-3107212397ns7:OrdinaryShareClass22016-03-3107212397ns7:OrdinaryShareClass22015-03-31
REGISTERED NUMBER: 07212397 (England and Wales)






















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

TGR RETAIL LTD
TRADING AS
TED'S GROOMING ROOM

TGR RETAIL LTD (REGISTERED NUMBER: 07212397)
TRADING AS TED'S GROOMING ROOM






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

TGR RETAIL LTD
TRADING AS TED'S GROOMING ROOM

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTORS: Mr A Huseyin
Mr M Ismail



SECRETARY: Mr A Huseyin



REGISTERED OFFICE: 20 Charlotte Street
London
W1T 2NA



REGISTERED NUMBER: 07212397 (England and Wales)



ACCOUNTANTS: NYO Chartered Accountants
First Floor Office
34 Great Queen Street
London
WC2B 5AA



SOLICITORS: Bowling & Co Solicitors
62 Broadway
Stratford
London
E15 1NG
Page 1
TGR RETAIL LTD (REGISTERED NUMBER: 07212397)
TRADING AS TED'S GROOMING ROOM

ABBREVIATED BALANCE SHEET
31 MARCH 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 158,212 181,261
Tangible assets 3 1,129,242 1,128,188
1,287,454 1,309,449

CURRENT ASSETS
Stocks 28,920 9,870
Debtors 548,180 358,358
Cash at bank and in hand 23,742 164,816
600,842 533,044
CREDITORS
Amounts falling due within one year 1,018,340 899,933
NET CURRENT LIABILITIES (417,498 ) (366,889 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
869,956
942,560

CREDITORS
Amounts falling due after more than one
year
260,126
243,857
NET ASSETS 609,830 698,703

CAPITAL AND RESERVES
Called up share capital 4 600,100 600,100
Profit and loss account 9,730 98,603
SHAREHOLDERS' FUNDS 609,830 698,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The notes form part of these abbreviated accounts

Page 2 continued...
TGR RETAIL LTD (REGISTERED NUMBER: 07212397)
TRADING AS TED'S GROOMING ROOM

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 28 December 2016 and were signed on its behalf
by:




Mr A Huseyin - Director



Mr M Ismail - Director


The notes form part of these abbreviated accounts

Page 3
TGR RETAIL LTD (REGISTERED NUMBER: 07212397)
TRADING AS TED'S GROOMING ROOM

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of fifteen years.

Goodwill is tested for impairment annually, and whenever there is an indication that the asset may be impaired.

Intangible fixed assets
The company capitalises expenditure incurred on acquisition of patents & licences, website development costs,
computer software and amortise such expenditure over five years being the directors estimate of the intangibles'
useful economic life.

The carrying value of the intangible assets is reviewed for impairment at the end of each financial year if events
and changes in circumstances indicate the carrying value may not be recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - in accordance with the property
Improvements to property - 10% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Page 4 continued...
TGR RETAIL LTD (REGISTERED NUMBER: 07212397)
TRADING AS TED'S GROOMING ROOM

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 328,192
Additions 22,402
At 31 March 2016 350,594
AMORTISATION
At 1 April 2015 146,931
Amortisation for year 45,451
At 31 March 2016 192,382
NET BOOK VALUE

At 31 March 2016 158,212
At 31 March 2015 181,261

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 1,431,906
Additions 159,327
At 31 March 2016 1,591,233
DEPRECIATION
At 1 April 2015 303,718
Charge for year 158,273
At 31 March 2016 461,991
NET BOOK VALUE
At 31 March 2016 1,129,242
At 31 March 2015 1,128,188

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
100 Ordinary 1 100 100
600,000 A Ordinary 1 600,000 600,000
600,100 600,100

Page 5