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Company Registration No. 09486420 (England and Wales)
TMB CREATIVE SOLUTIONS LTD Unaudited accounts for the year ended 31 August 2024
TMB CREATIVE SOLUTIONS LTD Unaudited accounts Contents
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TMB CREATIVE SOLUTIONS LTD Company Information for the year ended 31 August 2024
Director
Tim Basnett
Company Number
09486420 (England and Wales)
Registered Office
Chalfont St Peter Buckinghamshire SL9 9QL United Kingdom
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TMB CREATIVE SOLUTIONS LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,103 
36,803 
Current assets
Debtors
64,319 
75,994 
Cash at bank and in hand
36,819 
38,743 
101,138 
114,737 
Creditors: amounts falling due within one year
(94,024)
(82,178)
Net current assets
7,114 
32,559 
Total assets less current liabilities
32,217 
69,362 
Creditors: amounts falling due after more than one year
(32,053)
(44,746)
Net assets
164 
24,616 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
64 
24,516 
Shareholders' funds
164 
24,616 
For the year ending 31 August 2024 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 director acknowledges his 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 and authorised for issue on 18 December 2024 and were signed on its behalf by
Tim Basnett Director Company Registration No. 09486420
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TMB CREATIVE SOLUTIONS LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
TMB CREATIVE SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 09486420. The registered office is Chalfont St Peter, Buckinghamshire, SL9 9QL, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% per annum of cost
Motor vehicles
20% per annum of cost
Fixtures & fittings
20% per annum of cost
Computer equipment
20% per annum of cost
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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TMB CREATIVE SOLUTIONS LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
85,782 
55,797 
16,612 
158,191 
Additions
2,507 
1,860 
3,124 
7,491 
At 31 August 2024
88,289 
57,657 
19,736 
165,682 
Depreciation
At 1 September 2023
72,305 
34,397 
14,686 
121,388 
Charge for the year
8,704 
8,901 
1,586 
19,191 
At 31 August 2024
81,009 
43,298 
16,272 
140,579 
Net book value
At 31 August 2024
7,280 
14,359 
3,464 
25,103 
At 31 August 2023
13,477 
21,400 
1,926 
36,803 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
10,864 
1,065 
Trade debtors
29,233 
55,193 
Amounts due from group undertakings etc.
500 
- 
Other debtors
23,722 
19,736 
64,319 
75,994 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
12,198 
29,616 
Trade creditors
13,429 
14,569 
Amounts owed to group undertakings and other participating interests
61,883 
16,643 
Taxes and social security
5,480 
20,135 
Accruals
1,034 
1,215 
94,024 
82,178 
Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £12,198 (2023 £29,616). The bank loans and overdrafts are secured by a fixed and floating charge over the company's assets. The finance leases are secured on the assets concerned.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
32,053 
44,746 
Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £32,053 (2023 £44,746). The bank loans are secured by a fixed and floating charge over the company's assets. The finance leases are secured on the assets concerned.
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TMB CREATIVE SOLUTIONS LTD Notes to the Accounts for the year ended 31 August 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
At 31 August 2024, T Basnett, a director, owed the company £9,862 (2023 - £9,868). This is an interest free loan repayable on demand.
10
Transactions with related parties
During the year TMB sold £215 services to Promocube. The company still owes £61,883 to Promocube. Mr Basnett is a director of both companies.
11
Average number of employees
During the year the average number of employees was 5 (2023: 2).
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