Company Registration No. 11735250 (England and Wales)
TGC Facility Services Ltd
Unaudited accounts
for the year ended 31 December 2023
TGC Facility Services Ltd
Unaudited accounts
Contents
TGC Facility Services Ltd
Company Information
for the year ended 31 December 2023
Directors
Matthew Fincham
Thomas Gadsden
Company Number
11735250 (England and Wales)
Registered Office
35 EDISON ROAD
AYLESBURY
BUCKINGHAMSHIRE
HP19 8TE
ENGLAND
Accountants
KLS Accountancy Services
Building 330 Office G8
Westcott Venture Park
Aylesbury
Buckinghamshire
HP18 0XB
TGC Facility Services Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
131,341
136,822
Cash at bank and in hand
135,634
126,377
Creditors: amounts falling due within one year
(72,960)
(60,568)
Net current assets
280,802
320,812
Net assets
412,143
457,634
Called up share capital
100
100
Profit and loss account
412,043
457,534
Shareholders' funds
412,143
457,634
For the year ending 31 December 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 23 July 2024 and were signed on its behalf by
Matthew Fincham
Director
Company Registration No. 11735250
TGC Facility Services Ltd
Notes to the Accounts
for the year ended 31 December 2023
TGC Facility Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11735250. The registered office is 35 EDISON ROAD, AYLESBURY, BUCKINGHAMSHIRE, HP19 8TE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
54,206
134,535
14,930
9,510
213,181
Additions
12,478
36,346
-
888
49,712
Disposals
-
(15,421)
-
-
(15,421)
At 31 December 2023
66,684
155,460
14,930
10,398
247,472
At 1 January 2023
22,815
44,578
4,754
4,212
76,359
Charge for the year
8,774
27,723
2,036
1,239
39,772
At 31 December 2023
31,589
72,301
6,790
5,451
116,131
At 31 December 2023
35,095
83,159
8,140
4,947
131,341
At 31 December 2022
31,391
89,957
10,176
5,298
136,822
TGC Facility Services Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
104,320
105,142
Accrued income and prepayments
8,065
8,909
Other debtors
55,428
23,577
Amounts falling due after more than one year
Other debtors
36,000
102,000
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
23,809
27,078
Taxes and social security
21,343
8,234
Other creditors
5,927
7,565
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Average number of employees
During the year the average number of employees was 18 (2022: 18).