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REGISTERED NUMBER: 07614125 (England and Wales)














TGJ TRADING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






TGJ TRADING LIMITED (REGISTERED NUMBER: 07614125)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4 to 6


TGJ TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: T W Butler
Mrs G Butler





SECRETARY: Mrs G Butler





REGISTERED OFFICE: Forestside
Whitemoor Road
Brockenhurst
Hampshire
SO42 7QG





REGISTERED NUMBER: 07614125 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TGJ TRADING LIMITED


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 Report of the Directors 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 TGJ Trading Limited for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 TGJ Trading Limited, 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 TGJ Trading Limited and state those matters that we have agreed to state to the Board of Directors of TGJ Trading Limited, 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 TGJ Trading Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that TGJ Trading Limited 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 TGJ Trading Limited. You consider that TGJ Trading Limited 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 TGJ Trading Limited. 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.






Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ


21 October 2024

TGJ TRADING LIMITED (REGISTERED NUMBER: 07614125)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,939 24,918

CURRENT ASSETS
Debtors 5 306,360 396,231
Cash at bank 112,113 283,832
418,473 680,063
CREDITORS
Amounts falling due within one year 6 4,743 255,505
NET CURRENT ASSETS 413,730 424,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

432,669

449,476

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings 432,469 449,276
SHAREHOLDERS' FUNDS 432,669 449,476

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by:





T W Butler - Director


TGJ TRADING LIMITED (REGISTERED NUMBER: 07614125)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

TGJ Trading 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 consists of all trading gains and losses including unrealised gains or losses in respect of open transactions booked for maturity after the balance sheet date.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

TGJ TRADING LIMITED (REGISTERED NUMBER: 07614125)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 18,514 1,278 41,455 11,517 72,764
Disposals - - (41,455 ) - (41,455 )
At 31 May 2024 18,514 1,278 - 11,517 31,309
DEPRECIATION
At 1 June 2023 - 1,244 35,922 10,680 47,846
Charge for year - 34 - 412 446
Eliminated on disposal - - (35,922 ) - (35,922 )
At 31 May 2024 - 1,278 - 11,092 12,370
NET BOOK VALUE
At 31 May 2024 18,514 - - 425 18,939
At 31 May 2023 18,514 34 5,533 837 24,918

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 98,037 98,037

Amounts falling due after more than one year:
Other debtors 208,323 298,194

Aggregate amounts 306,360 396,231

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 115 237,010
Taxation and social security 2,648 16,515
Other creditors 1,980 1,980
4,743 255,505

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100
100 Ordinary B 1 100 100
200 200

TGJ TRADING LIMITED (REGISTERED NUMBER: 07614125)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
T W Butler and Mrs G Butler
Balance outstanding at start of year 298,194 208,323
Amounts advanced 80,030 536,175
Amounts repaid (169,901 ) (446,304 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 208,323 298,194

Interest has been charged at the HMRC approved rate on the above balance.