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REGISTERED NUMBER: 02909002 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

TMG INVESTMENTS LIMITED

TMG INVESTMENTS LIMITED (REGISTERED NUMBER: 02909002)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TMG INVESTMENTS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: John Milton
David Milton



REGISTERED OFFICE: Highdown House
11 Highdown Road
Leamington Spa
Warwickshire
CV31 1XT



REGISTERED NUMBER: 02909002 (England and Wales)



BANKERS: National Westminster Bank Plc
32 Corn Street
Bristol
BS99 7UG

TMG INVESTMENTS LIMITED (REGISTERED NUMBER: 02909002)

ABRIDGED BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2 2
Investment property 5 5,000 5,000
5,002 5,002

CURRENT ASSETS
Debtors 1,112,596 1,112,331
Cash at bank 7,802 8,967
1,120,398 1,121,298
CREDITORS
Amounts falling due within one year 2,918 2,918
NET CURRENT ASSETS 1,117,480 1,118,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,122,482

1,123,382

CAPITAL AND RESERVES
Called up share capital 1,503 1,503
Share premium 1,299,000 1,299,000
Retained earnings (178,021 ) (177,121 )
SHAREHOLDERS' FUNDS 1,122,482 1,123,382

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.

TMG INVESTMENTS LIMITED (REGISTERED NUMBER: 02909002)

ABRIDGED BALANCE SHEET - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 October 2024 and were signed on its behalf by:





John Milton - Director


TMG INVESTMENTS LIMITED (REGISTERED NUMBER: 02909002)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

TMG Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The principle accounting policies adopted in the preparation of the financial statements are set out below and remain consistent with the previous year.

Preparation of consolidated financial statements
The financial statements contain information about TMG Investments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

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

TMG INVESTMENTS LIMITED (REGISTERED NUMBER: 02909002)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2023
and 31 March 2024 2
NET BOOK VALUE
At 31 March 2024 2
At 31 March 2023 2

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 5,000
NET BOOK VALUE
At 31 March 2024 5,000
At 31 March 2023 5,000

In the opinion of the chairman, Malcolm Milton FRICS, the value of investment property on an open market basis for existing use was not significantly different from the valuation currently shown.