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REGISTERED NUMBER: 09642305 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

TGL CONTRACTS LTD

TGL CONTRACTS LTD (REGISTERED NUMBER: 09642305)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TGL CONTRACTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: L Barker
Miss L Owens





REGISTERED OFFICE: 8 Old Coach Road
Kelsall
Tarporley
CW6 0QJ





REGISTERED NUMBER: 09642305 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

TGL CONTRACTS LTD (REGISTERED NUMBER: 09642305)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,297 1,223

CURRENT ASSETS
Debtors 5 205,713 83,515
Cash at bank and in hand 383,160 359,066
588,873 442,581
CREDITORS
Amounts falling due within one year 6 139,046 159,218
NET CURRENT ASSETS 449,827 283,363
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,124

284,586

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 451,120 284,582
451,124 284,586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 7 January 2025 and were signed on its behalf by:




L Barker - Director


TGL CONTRACTS LTD (REGISTERED NUMBER: 09642305)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

TGL Contracts 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

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 ) .

TGL CONTRACTS LTD (REGISTERED NUMBER: 09642305)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 4,786
Additions 621
At 30 June 2024 5,407
DEPRECIATION
At 1 July 2023 3,563
Charge for year 547
At 30 June 2024 4,110
NET BOOK VALUE
At 30 June 2024 1,297
At 30 June 2023 1,223

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors (11,952 ) 83,374
Other debtors 141 141
(11,811 ) 83,515

Amounts falling due after more than one year:
Other debtors 217,524 -

Aggregate amounts 205,713 83,515

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 47,390 38,941
Taxation and social security 86,741 115,597
Other creditors 4,915 4,680
139,046 159,218