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REGISTERED NUMBER: 10771597 (England and Wales)













Unaudited Financial Statements for the Year Ended 31 March 2024

for

TMUK Group Ltd

TMUK Group Ltd (Registered number: 10771597)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


TMUK Group Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: K A McCallum
K M McCallum





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 10771597 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
TMUK Group Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TMUK Group Ltd for the year ended 31 March 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of TMUK Group Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of TMUK Group Ltd and state those matters that we have agreed to state to the Board of Directors of TMUK Group Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TMUK Group Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that TMUK Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of TMUK Group Ltd. You consider that TMUK Group Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of TMUK Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


10 July 2024

TMUK Group Ltd (Registered number: 10771597)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 13,969 23,086

CURRENT ASSETS
Stocks - 57,000
Debtors 5 102,946 73,809
Cash at bank 6,604 9,949
109,550 140,758
CREDITORS
Amounts falling due within one year 6 (86,790 ) (109,983 )
NET CURRENT ASSETS 22,760 30,775
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,729

53,861

CREDITORS
Amounts falling due after more than
one year

7

(45,436

)

(49,235

)

PROVISIONS FOR LIABILITIES (2,654 ) (4,386 )
NET (LIABILITIES)/ASSETS (11,361 ) 240

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (11,461 ) 140
(11,361 ) 240

TMUK Group Ltd (Registered number: 10771597)

Balance Sheet - continued
31 March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2024 and were signed on its behalf by:




K A McCallum - Director



K M McCallum - Director


TMUK Group Ltd (Registered number: 10771597)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

TMUK Group Ltd 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.
Fixtures, fittings & equipment - Straight line over 3 years
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

TMUK Group Ltd (Registered number: 10771597)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
At 31 March 2024 there was a deficiency of assets amounting to £11,361. The company is dependent upon the continuing financial support of the directors, and it is understood that this support will continue. On this basis the directors consider it appropriate to prepare financial statements on a going concern basis. The accounts do not include any adjustments which would result from a withdrawal of the director's financial support.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings Motor
& equipment vehicles Totals
£    £    £   
COST
At 1 April 2023 14,438 24,990 39,428
Additions - 16,995 16,995
Disposals - (24,990 ) (24,990 )
At 31 March 2024 14,438 16,995 31,433
DEPRECIATION
At 1 April 2023 12,177 4,165 16,342
Charge for year 1,746 8,747 10,493
Eliminated on disposal - (9,371 ) (9,371 )
At 31 March 2024 13,923 3,541 17,464
NET BOOK VALUE
At 31 March 2024 515 13,454 13,969
At 31 March 2023 2,261 20,825 23,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 51,788 36,087
Other debtors 51,158 37,722
102,946 73,809

TMUK Group Ltd (Registered number: 10771597)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 9,971
Hire purchase contracts 3,543 6,088
Trade creditors 9,263 17,093
Taxation and social security 27,575 25,472
Other creditors 41,409 51,359
86,790 109,983

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 34,655 34,684
Hire purchase contracts 10,781 14,551
45,436 49,235

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 14,324 20,639

9. RELATED PARTY DISCLOSURES

During the year the company made a loan to the Directors. The loan was unsecured and repayable on demand. The maximum amount outstanding during the year was £65,497. Interest at the official rate was chargeable. At 31 March 2024 the balance was £37,220 (2023 - £35,829).