1 March 2022 false No description of principal activity Taxfiler 2023.10.2 11183824business:PrivateLimitedCompanyLtd2022-03-012023-02-28 111838242022-02-28 111838242022-03-012023-02-28 11183824business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 11183824business:FilletedAccounts2022-03-012023-02-28 111838242023-02-28 11183824business:Director12022-03-012023-02-28 11183824business:Director22022-03-012023-02-28 11183824business:RegisteredOffice2022-03-012023-02-28 111838242022-02-28 11183824core:WithinOneYear2023-02-28 11183824core:WithinOneYear2022-02-28 11183824core:AfterOneYear2023-02-28 11183824core:AfterOneYear2022-02-28 11183824core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11183824core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 11183824core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11183824core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 11183824core:PreviouslyStatedAmount2023-02-28 11183824core:PreviouslyStatedAmount2022-02-28 11183824business:SmallEntities2022-03-012023-02-28 11183824countries:EnglandWales2022-03-012023-02-28 11183824core:PlantMachinery2022-03-012023-02-28 11183824core:MotorVehicles2022-03-012023-02-28 11183824core:ComputerEquipment2022-03-012023-02-28 11183824core:PlantMachinery2022-02-28 11183824core:MotorVehicles2022-02-28 11183824core:ComputerEquipment2022-02-28 11183824core:PlantMachinery2023-02-28 11183824core:MotorVehicles2023-02-28 11183824core:ComputerEquipment2023-02-28 111838242021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11183824 (England and Wales)
T.S.G. Machinery Limited Unaudited accounts for the year ended 28 February 2023
T.S.G. Machinery Limited Unaudited accounts Contents
Page
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T.S.G. Machinery Limited Company Information for the year ended 28 February 2023
Directors
T A Gorton T S Gorton
Company Number
11183824 (England and Wales)
Registered Office
Unit 2 Intack Farm Carnforth Lancashire LA6 1HB United Kingdom
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T.S.G. Machinery Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,735 
23,368 
Current assets
Inventories
260,000 
138,255 
Debtors
224,591 
36,302 
Cash at bank and in hand
(15,521)
70,118 
469,070 
244,675 
Creditors: amounts falling due within one year
(91,185)
(97,983)
Net current assets
377,885 
146,692 
Total assets less current liabilities
398,620 
170,060 
Creditors: amounts falling due after more than one year
(13,742)
(21,497)
Net assets
384,878 
148,563 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
384,778 
148,463 
Shareholders' funds
384,878 
148,563 
For the year ending 28 February 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 21 March 2023 and were signed on its behalf by
T A Gorton Director Company Registration No. 11183824
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T.S.G. Machinery Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
T.S.G. Machinery Limited is a private company, limited by shares, registered in England and Wales, registration number 11183824. The registered office is Unit 2 Intack Farm, Carnforth, Lancashire, LA6 1HB, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
@ 25% RB
Motor vehicles
@ 25% RB
Computer equipment
@ 40% RB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
11,069 
19,133 
984 
31,186 
Additions
4,230 
- 
- 
4,230 
At 28 February 2023
15,299 
19,133 
984 
35,416 
Depreciation
At 1 March 2022
2,767 
4,658 
393 
7,818 
Charge for the year
3,133 
3,494 
236 
6,863 
At 28 February 2023
5,900 
8,152 
629 
14,681 
Net book value
At 28 February 2023
9,399 
10,981 
355 
20,735 
At 28 February 2022
8,302 
14,475 
591 
23,368 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
224,591 
36,302 
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T.S.G. Machinery Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,153 
9,062 
VAT
41,545 
29,241 
Trade creditors
50,000 
3,600 
Taxes and social security
6,155 
3,435 
Other creditors
373 
50,000 
Loans from directors
(17,516)
1,170 
Accruals
1,475 
1,475 
91,185 
97,983 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,443 
20,395 
Obligations under finance leases and hire purchase contracts
299 
1,102 
13,742 
21,497 
8
Average number of employees
During the year the average number of employees was 9 (2022: 7).
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