2022-06-012023-05-312023-05-31false12629770TM-FINANCIALS LIMITED2023-09-1470221iso4217:GBPxbrli:pure126297702022-06-01126297702023-05-31126297702022-06-012023-05-31126297702021-06-01126297702022-05-31126297702021-06-012022-05-3112629770bus:SmallEntities2022-06-012023-05-3112629770bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3112629770bus:FullAccounts2022-06-012023-05-3112629770bus:PrivateLimitedCompanyLtd2022-06-012023-05-3112629770core:WithinOneYear2023-05-3112629770core:AfterOneYear2023-05-3112629770core:WithinOneYear2022-05-3112629770core:AfterOneYear2022-05-3112629770core:ShareCapital2023-05-3112629770core:SharePremium2023-05-3112629770core:RevaluationReserve2023-05-3112629770core:OtherReservesSubtotal2023-05-3112629770core:RetainedEarningsAccumulatedLosses2023-05-3112629770core:ShareCapital2022-05-3112629770core:SharePremium2022-05-3112629770core:RevaluationReserve2022-05-3112629770core:OtherReservesSubtotal2022-05-3112629770core:RetainedEarningsAccumulatedLosses2022-05-3112629770core:LandBuildings2023-05-3112629770core:PlantMachinery2023-05-3112629770core:Vehicles2023-05-3112629770core:FurnitureFittings2023-05-3112629770core:OfficeEquipment2023-05-3112629770core:NetGoodwill2023-05-3112629770core:IntangibleAssetsOtherThanGoodwill2023-05-3112629770core:ListedExchangeTraded2023-05-3112629770core:UnlistedNon-exchangeTraded2023-05-3112629770core:LandBuildings2022-05-3112629770core:PlantMachinery2022-05-3112629770core:Vehicles2022-05-3112629770core:FurnitureFittings2022-05-3112629770core:OfficeEquipment2022-05-3112629770core:NetGoodwill2022-05-3112629770core:IntangibleAssetsOtherThanGoodwill2022-05-3112629770core:ListedExchangeTraded2022-05-3112629770core:UnlistedNon-exchangeTraded2022-05-3112629770core:LandBuildings2022-06-012023-05-3112629770core:PlantMachinery2022-06-012023-05-3112629770core:Vehicles2022-06-012023-05-3112629770core:FurnitureFittings2022-06-012023-05-3112629770core:OfficeEquipment2022-06-012023-05-3112629770core:NetGoodwill2022-06-012023-05-3112629770core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3112629770core:ListedExchangeTraded2022-06-012023-05-3112629770core:UnlistedNon-exchangeTraded2022-06-012023-05-3112629770core:MoreThanFiveYears2022-06-012023-05-3112629770core:Non-currentFinancialInstruments2023-05-3112629770core:Non-currentFinancialInstruments2022-05-3112629770dpl:CostSales2022-06-012023-05-3112629770dpl:DistributionCosts2022-06-012023-05-3112629770core:LandBuildings2022-06-012023-05-3112629770core:PlantMachinery2022-06-012023-05-3112629770core:Vehicles2022-06-012023-05-3112629770core:FurnitureFittings2022-06-012023-05-3112629770core:OfficeEquipment2022-06-012023-05-3112629770dpl:AdministrativeExpenses2022-06-012023-05-3112629770core:NetGoodwill2022-06-012023-05-3112629770core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3112629770dpl:GroupUndertakings2022-06-012023-05-3112629770dpl:ParticipatingInterests2022-06-012023-05-3112629770dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3112629770core:ListedExchangeTraded2022-06-012023-05-3112629770dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3112629770core:UnlistedNon-exchangeTraded2022-06-012023-05-3112629770dpl:CostSales2021-06-012022-05-3112629770dpl:DistributionCosts2021-06-012022-05-3112629770core:LandBuildings2021-06-012022-05-3112629770core:PlantMachinery2021-06-012022-05-3112629770core:Vehicles2021-06-012022-05-3112629770core:FurnitureFittings2021-06-012022-05-3112629770core:OfficeEquipment2021-06-012022-05-3112629770dpl:AdministrativeExpenses2021-06-012022-05-3112629770core:NetGoodwill2021-06-012022-05-3112629770core:IntangibleAssetsOtherThanGoodwill2021-06-012022-05-3112629770dpl:GroupUndertakings2021-06-012022-05-3112629770dpl:ParticipatingInterests2021-06-012022-05-3112629770dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-012022-05-3112629770core:ListedExchangeTraded2021-06-012022-05-3112629770dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-012022-05-3112629770core:UnlistedNon-exchangeTraded2021-06-012022-05-3112629770core:NetGoodwill2023-05-3112629770core:IntangibleAssetsOtherThanGoodwill2023-05-3112629770core:LandBuildings2023-05-3112629770core:PlantMachinery2023-05-3112629770core:Vehicles2023-05-3112629770core:FurnitureFittings2023-05-3112629770core:OfficeEquipment2023-05-3112629770core:AfterOneYear2023-05-3112629770core:WithinOneYear2023-05-3112629770core:ListedExchangeTraded2023-05-3112629770core:UnlistedNon-exchangeTraded2023-05-3112629770core:ShareCapital2023-05-3112629770core:SharePremium2023-05-3112629770core:RevaluationReserve2023-05-3112629770core:OtherReservesSubtotal2023-05-3112629770core:RetainedEarningsAccumulatedLosses2023-05-3112629770core:NetGoodwill2022-05-3112629770core:IntangibleAssetsOtherThanGoodwill2022-05-3112629770core:LandBuildings2022-05-3112629770core:PlantMachinery2022-05-3112629770core:Vehicles2022-05-3112629770core:FurnitureFittings2022-05-3112629770core:OfficeEquipment2022-05-3112629770core:AfterOneYear2022-05-3112629770core:WithinOneYear2022-05-3112629770core:ListedExchangeTraded2022-05-3112629770core:UnlistedNon-exchangeTraded2022-05-3112629770core:ShareCapital2022-05-3112629770core:SharePremium2022-05-3112629770core:RevaluationReserve2022-05-3112629770core:OtherReservesSubtotal2022-05-3112629770core:RetainedEarningsAccumulatedLosses2022-05-3112629770core:NetGoodwill2021-06-0112629770core:IntangibleAssetsOtherThanGoodwill2021-06-0112629770core:LandBuildings2021-06-0112629770core:PlantMachinery2021-06-0112629770core:Vehicles2021-06-0112629770core:FurnitureFittings2021-06-0112629770core:OfficeEquipment2021-06-0112629770core:AfterOneYear2021-06-0112629770core:WithinOneYear2021-06-0112629770core:ListedExchangeTraded2021-06-0112629770core:UnlistedNon-exchangeTraded2021-06-0112629770core:ShareCapital2021-06-0112629770core:SharePremium2021-06-0112629770core:RevaluationReserve2021-06-0112629770core:OtherReservesSubtotal2021-06-0112629770core:RetainedEarningsAccumulatedLosses2021-06-0112629770core:AfterOneYear2022-06-012023-05-3112629770core:WithinOneYear2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:CostValuation2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3112629770core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3112629770core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3112629770core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3112629770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3112629770core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3112629770core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3112629770core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3112629770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3112629770core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3112629770core:Non-currentFinancialInstrumentscore:CostValuation2022-05-3112629770core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-05-3112629770core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-05-3112629770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-05-3112629770core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-05-3112629770core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-05-3112629770core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-05-3112629770core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-05-3112629770core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-05-3112629770bus:Director12022-06-012023-05-3112629770core:FurnitureFittingsToolsEquipment2022-05-3112629770core:FurnitureFittingsToolsEquipment2022-06-012023-05-3112629770core:FurnitureFittingsToolsEquipment2023-05-31126297701bus:Director12022-06-01126297701bus:Director12022-06-012023-05-31126297701bus:Director12023-05-31126297702022-06-01126297702022-06-012023-05-31126297702023-05-31

TM-FINANCIALS LIMITED

Registered Number
12629770
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2023

TM-FINANCIALS LIMITED
Company Information
for the year from 1 June 2022 to 31 May 2023

Director

DAVIES, Thomas James

Registered Address

3 Old Library
Oak Road
Southampton
SO19 9BR

Registered Number

12629770 (England and Wales)
TM-FINANCIALS LIMITED
Balance Sheet as at
31 May 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets-20,000
Tangible assets52,216878
Investments21,450-
23,66620,878
Current assets
Cash at bank and on hand110,40367,739
110,40367,739
Creditors amounts falling due within one year8(52,011)(48,501)
Net current assets (liabilities)58,39219,238
Total assets less current liabilities82,05840,116
Net assets82,05840,116
Capital and reserves
Called up share capital11
Profit and loss account82,05740,115
Shareholders' funds82,05840,116
The financial statements were approved and authorised for issue by the Director on 14 September 2023, and are signed on its behalf by:
DAVIES, Thomas James
Director
Registered Company No. 12629770
TM-FINANCIALS LIMITED
Notes to the Financial Statements
for the year ended 31 May 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Fixtures and fittings4
Office Equipment4
Revenue recognition policy
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year41
5.Property, plant and equipment

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 June 223201,4361,756
Additions9839191,902
At 31 May 231,3032,3553,658
Depreciation and impairment
At 01 June 22160718878
Charge for year179385564
At 31 May 233391,1031,442
Net book value
At 31 May 239641,2522,216
At 31 May 22160718878
6.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
DAVIES, Thomas James(27,551)109,26683,107(1,392)
(27,551)109,26683,107(1,392)
7.Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Amounts owed to related parties1,39227,551
Taxation and social security48,51319,043
Accrued liabilities and deferred income2,1061,907
Total52,01148,501
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.