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REGISTERED NUMBER: 12261191 (England and Wales)










T G BAND LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023






T G BAND LIMITED (REGISTERED NUMBER: 12261191)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023










Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 6


T G BAND LIMITED (REGISTERED NUMBER: 12261191)

BALANCE SHEET
31ST MARCH 2023

2023 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 19,489
Tangible assets 5 1,105 1,534
Investments 6 13,800 -
14,905 21,023

CURRENT ASSETS
Debtors 7 10,000 -
Cash at bank 56,111 68,807
66,111 68,807
CREDITORS
Amounts falling due within one year 8 35,560 37,641
NET CURRENT ASSETS 30,551 31,166
TOTAL ASSETS LESS CURRENT LIABILITIES 45,456 52,189

CREDITORS
Amounts falling due after more than one year 9 19,250 28,583
NET ASSETS 26,206 23,606

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 26,106 23,506
SHAREHOLDERS' FUNDS 26,206 23,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

T G BAND LIMITED (REGISTERED NUMBER: 12261191)

BALANCE SHEET - continued
31ST MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13th October 2023 and were signed by:





T G Band - Director


T G BAND LIMITED (REGISTERED NUMBER: 12261191)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023


1. STATUTORY INFORMATION

T G Band Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12261191

Registered office: 61 Curzon Park South
Chester
CH4 8AA

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets include expenditure on cryptocurrencies. Intangible assets acquired seperately from a business are carried initially at cost.

No amortisation is recognised as they are considered to have an indefinite useful life. The intamgible assets are tested on an annual basis for impairment.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset operate as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value:

Computer equipment- 25% at cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies
Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.

Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

T G BAND LIMITED (REGISTERED NUMBER: 12261191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023


2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2021 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st November 2021 19,489
Disposals (19,489 )
At 31st March 2023 -
NET BOOK VALUE
At 31st March 2023 -
At 31st October 2021 19,489

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2021
and 31st March 2023 1,715
DEPRECIATION
At 1st November 2021 181
Charge for period 429
At 31st March 2023 610
NET BOOK VALUE
At 31st March 2023 1,105
At 31st October 2021 1,534

T G BAND LIMITED (REGISTERED NUMBER: 12261191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 9,793
Revaluations 4,007
At 31st March 2023 13,800
NET BOOK VALUE
At 31st March 2023 13,800

Cost or valuation at 31st March 2023 is represented by:

Other
investments
£   
Valuation in 2023 4,007
Cost 9,793
13,800

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Other debtors 10,000 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Bank loans and overdrafts 7,000 6,417
Trade creditors 1 -
Taxation and social security 25,340 24,540
Other creditors 3,219 6,684
35,560 37,641

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2021
£    £   
Bank loans 19,250 28,583

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by
instalments - 583
- 583

T G BAND LIMITED (REGISTERED NUMBER: 12261191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023


10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2021
value: £    £   
100 Ordinary 1 100 100