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REGISTERED NUMBER: 10157361 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

TMA GROUP LIMITED

TMA GROUP LIMITED (REGISTERED NUMBER: 10157361)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TMA GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: A P Spencer
T F Bower
M P Connolly





REGISTERED OFFICE: 15-17 Duke Street
Liverpool
L1 5AP





REGISTERED NUMBER: 10157361 (England and Wales)





ACCOUNTANTS: Malthouse & Company Chartered Accountants
America House, Rumford Court
Rumford Place
Liverpool
Merseyside
L3 9DD

TMA GROUP LIMITED (REGISTERED NUMBER: 10157361)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,626,930 1,304,520

CURRENT ASSETS
Stocks 3,000 1,500
Cash at bank 448 36
3,448 1,536
CREDITORS
Amounts falling due within one year 5 1,068,859 984,804
NET CURRENT LIABILITIES (1,065,411 ) (983,268 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

561,519

321,252

CREDITORS
Amounts falling due after more than one
year

6

1,285,615

974,340
NET LIABILITIES (724,096 ) (653,088 )

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings (724,099 ) (653,091 )
(724,096 ) (653,088 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TMA GROUP LIMITED (REGISTERED NUMBER: 10157361)

BALANCE SHEET - continued
30 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2024 and were signed on its behalf by:





M P Connolly - Director


TMA GROUP LIMITED (REGISTERED NUMBER: 10157361)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

TMA Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life -

Freehold property - Nil
Improvements to property - 2% on cost
Fixtures, Fittings & Equipment - 20% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


TMA GROUP LIMITED (REGISTERED NUMBER: 10157361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2022 - 44 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures,
Freehold to Fittings
property property & Equipment Totals
£    £    £    £   
COST
At 1 December 2022 498,124 850,045 247,555 1,595,724
Additions - 202,522 178,505 381,027
At 30 November 2023 498,124 1,052,567 426,060 1,976,751
DEPRECIATION
At 1 December 2022 27,866 25,101 238,237 291,204
Charge for year - 21,052 37,565 58,617
At 30 November 2023 27,866 46,153 275,802 349,821
NET BOOK VALUE
At 30 November 2023 470,258 1,006,414 150,258 1,626,930
At 30 November 2022 470,258 824,944 9,318 1,304,520

TMA GROUP LIMITED (REGISTERED NUMBER: 10157361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts (see note 7) 47,999 47,999
Other loans (see note 7) 282,315 326,672
Trade creditors 57,672 17,595
Social security and other taxes 47,926 26,422
VAT 66,567 2,120
Other creditors 596 2,905
Directors' loan accounts 552,890 553,689
Accrued expenses 12,894 7,402
1,068,859 984,804

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans (see note 7) 652,994 651,993
Other loans (see note 7) 632,621 322,347
1,285,615 974,340

7. LOANS

An analysis of the maturity of loans is given below:

30.11.23 30.11.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 47,999 47,999
Other loans 282,315 326,672
330,314 374,671

Amounts falling due between one and two years:
after more than one year 652,994 651,993
Other loans - 1-2 years 632,621 322,347
1,285,615 974,340

TMA GROUP LIMITED (REGISTERED NUMBER: 10157361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
A P Spencer
Balance outstanding at start of year (184,632 ) (237,434 )
Amounts advanced 48,044 82,402
Amounts repaid (45,226 ) (29,600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (181,814 ) (184,632 )

T F Bower
Balance outstanding at start of year (184,575 ) (198,325 )
Amounts advanced 5,113 18,900
Amounts repaid (1,800 ) (5,150 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (181,262 ) (184,575 )

M P Connolly
Balance outstanding at start of year (184,483 ) (232,955 )
Amounts advanced 17,426 70,113
Amounts repaid (22,756 ) (21,641 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (189,813 ) (184,483 )