T & G PERFORMANCE LTD

Company Registration Number:
SC386309 (Scotland)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

T & G PERFORMANCE LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

T & G PERFORMANCE LTD

Company Information

for the Period Ended 31 May 2023




Director: Ewen Cameron
Fiona Cameron
Registered office: 9
The Linton
Sauchen
Inverurie
Aberdeenshire
AB51 7LG
Company Registration Number: SC386309 (Scotland)

T & G PERFORMANCE LTD

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Principal Activities

Retail trade of motor vehicle parts and accessories

Directors

The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
Ewen Cameron
Fiona Cameron

This report was approved by the board of directors on 8 February 2024
And Signed On Behalf Of The Board By:

Name: Ewen Cameron
Status: Director

Name: Fiona Cameron
Status: Director

T & G PERFORMANCE LTD

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£

2022
£
Turnover 9,178 10,092
Cost of sales ( 2,139 ) ( 2,368 )
Gross Profit or (Loss) 7,039 7,724
Administrative Expenses ( 7,464 ) ( 7,531 )
Operating Profit or (Loss) ( 425 ) 193
Profit or (Loss) Before Tax ( 425 ) 193
Profit or (Loss) for Period ( 425 ) 193

The notes form part of these financial statements

T & G PERFORMANCE LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 1,640 1,456
Cash at bank and in hand: 171 61
Total current assets: 1,811 1,517
Creditors: amounts falling due within one year: 4 ( 2,898 ) ( 2,179 )
Net current assets (liabilities): ( 1,087 ) ( 662 )
Total assets less current liabilities: ( 1,087 ) ( 662 )
Total net assets (liabilities): ( 1,087 ) ( 662 )

The notes form part of these financial statements

T & G PERFORMANCE LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 1,089 ) ( 664 )
Shareholders funds: ( 1,087 ) ( 662 )

For the year ending 31 May 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 8 February 2024
And Signed On Behalf Of The Board By:

Name: Ewen Cameron
Status: Director

Name: Fiona Cameron
Status: Director

The notes form part of these financial statements

T & G PERFORMANCE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

T & G PERFORMANCE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

T & G PERFORMANCE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

T & G PERFORMANCE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4.Creditors: amounts falling due within one year note


2023
£

2022
£
Accruals and deferred income 2,898 2,179
Total 2,898 2,179