Company Registration No. SC578058 (Scotland)
TGK Properties LTD
Unaudited accounts
for the year ended 30 November 2023
TGK Properties LTD
Unaudited accounts
Contents
TGK Properties LTD
Company Information
for the year ended 30 November 2023
Directors
Mr T Kilroy
Mrs K E Kilroy
Company Number
SC578058 (Scotland)
Registered Office
11 EAST NERSTON GROVE
EAST KILBRIDE
GLASGOW
G74 4GX
SCOTLAND
TGK Properties LTD
Statement of financial position
as at 30 November 2023
Tangible assets
205,449
205,619
Cash at bank and in hand
11,726
2,400
Creditors: amounts falling due within one year
(1,740)
-
Net current assets
9,986
2,400
Total assets less current liabilities
215,435
208,019
Creditors: amounts falling due after more than one year
(209,739)
(209,739)
Net assets/(liabilities)
5,696
(1,720)
Called up share capital
100
100
Profit and loss account
5,596
(1,820)
Shareholders' funds
5,696
(1,720)
For the year ending 30 November 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 30 August 2024 and were signed on its behalf by
Mr T Kilroy
Director
Company Registration No. SC578058
TGK Properties LTD
Notes to the Accounts
for the year ended 30 November 2023
TGK Properties LTD is a private company, limited by shares, registered in Scotland, registration number SC578058. The registered office is 11 EAST NERSTON GROVE, EAST KILBRIDE, GLASGOW, G74 4GX, SCOTLAND.
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:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 December 2022
204,940
1,610
206,550
At 30 November 2023
204,940
1,610
206,550
At 1 December 2022
-
931
931
Charge for the year
-
170
170
At 30 November 2023
-
1,101
1,101
At 30 November 2023
204,940
509
205,449
At 30 November 2022
204,940
679
205,619
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,740
-
TGK Properties LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
209,739
209,739
At 31st August 2021 the company owed the Directors, Tom and Karen Kilroy £204,575. (2020: £203,330)
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).