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Company Registration No. 09120403 (England and Wales)
TRANSGLOBE SOLUTION LIMITED Unaudited accounts for the year ended 31 July 2023
TRANSGLOBE SOLUTION LIMITED Unaudited accounts Contents
Page
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TRANSGLOBE SOLUTION LIMITED Company Information for the year ended 31 July 2023
Director
AJAZ MEMON
Company Number
09120403 (England and Wales)
Registered Office
32 Ramsons Avenue Conniburrow Milton Keynes Buckinghamshire MK14 7BJ
Accountants
SA TAX Accountants Ltd 52, The Boundary, Oldbrook Milton Keynes Buckinghamshire MK6 2HT
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TRANSGLOBE SOLUTION LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,168 
- 
Current assets
Debtors
21,305 
8,727 
Cash at bank and in hand
28,851 
50,569 
50,156 
59,296 
Creditors: amounts falling due within one year
(12,030)
(16,752)
Net current assets
38,126 
42,544 
Total assets less current liabilities
42,294 
42,544 
Creditors: amounts falling due after more than one year
(22,577)
(31,891)
Net assets
19,717 
10,653 
Capital and reserves
Called up share capital
30,100 
30,100 
Profit and loss account
(10,383)
(19,447)
Shareholders' funds
19,717 
10,653 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 10 January 2024 and were signed on its behalf by
AJAZ MEMON Director Company Registration No. 09120403
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TRANSGLOBE SOLUTION LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
TRANSGLOBE SOLUTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09120403. The registered office is 32 Ramsons Avenue, Conniburrow, Milton Keynes, Buckinghamshire, MK14 7BJ.
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:
Computer equipment
25% on cost.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2022
- 
Additions
5,557 
At 31 July 2023
5,557 
Depreciation
Charge for the year
1,389 
At 31 July 2023
1,389 
Net book value
At 31 July 2023
4,168 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,305 
7,727 
Other debtors
1,000 
1,000 
21,305 
8,727 
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TRANSGLOBE SOLUTION LIMITED Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,425 
9,307 
Trade creditors
2,043 
- 
Loans from directors
562 
7,445 
12,030 
16,752 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,577 
31,891 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
30,100 Ordinary shares of £1 each
30,100 
30,100 
9
Average number of employees
During the year the average number of employees was 1 (2022: 2).
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