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Company Registration No. 09830855 (England and Wales)
TCG LOGISTIC LTD Unaudited accounts for the year ended 31 October 2023
TCG LOGISTIC LTD Unaudited accounts Contents
Page
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TCG LOGISTIC LTD Company Information for the year ended 31 October 2023
Director
TIBERIUS CRISTIAN GHEORGHIU
Company Number
09830855 (England and Wales)
Registered Office
FLAT 3, 340B SHIRLEY ROAD SOUTHAMPTON SO15 3HJ ENGLAND
Accountants
Lexarox Ltd UNIT B 1B MENTMORE TERRACE MENT HOUSE London LONDON E 3DQ
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TCG LOGISTIC LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
270,894 
151,143 
Current assets
Cash at bank and in hand
31,310 
71,269 
Creditors: amounts falling due within one year
(57,675)
(114,291)
Net current liabilities
(26,365)
(43,022)
Total assets less current liabilities
244,529 
108,121 
Creditors: amounts falling due after more than one year
(228,673)
(117,421)
Net assets/(liabilities)
15,856 
(9,300)
Capital and reserves
Profit and loss account
15,856 
(9,300)
Shareholders' funds
15,856 
(9,300)
For the year ending 31 October 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 30 July 2024 and were signed on its behalf by
TIBERIUS CRISTIAN GHEORGHIU Director Company Registration No. 09830855
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TCG LOGISTIC LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
TCG LOGISTIC LTD is a private company, limited by shares, registered in England and Wales, registration number 09830855. The registered office is FLAT 3, 340B, SHIRLEY ROAD, SOUTHAMPTON, SO15 3HJ, ENGLAND.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation : 20% straight line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2022
252,512 
Additions
189,380 
Disposals
(82,951)
At 31 October 2023
358,941 
Depreciation
At 1 November 2022
101,369 
Charge for the year
30,228 
On disposals
(43,550)
At 31 October 2023
88,047 
Net book value
At 31 October 2023
270,894 
At 31 October 2022
151,143 
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TCG LOGISTIC LTD Notes to the Accounts for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,687 
- 
VAT
82,317 
103,947 
Obligations under finance leases and hire purchase contracts
- 
6,317 
Trade creditors
- 
1,015 
Taxes and social security
22,122 
20,485 
Other creditors
7,418 
10,295 
Loans from directors
(59,869)
(27,768)
57,675 
114,291 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
56,217 
82,968 
Obligations under finance leases and hire purchase contracts
152,456 
14,453 
Other creditors
20,000 
20,000 
228,673 
117,421 
7
Average number of employees
During the year the average number of employees was 7 (2022: 4).
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