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Company Registration No. 12770441 (England and Wales)
TFM WHOLESALE LIMITED Unaudited accounts for the year ended 31 July 2024
TFM WHOLESALE LIMITED Unaudited accounts Contents
Page
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TFM WHOLESALE LIMITED Company Information for the year ended 31 July 2024
Director
David Mbunzama
Company Number
12770441 (England and Wales)
Registered Office
Unit 82a James Carter Road, Mildenhall Bury St. Edmunds Suffolk IP28 7DE England
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TFM WHOLESALE LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
46,200 
52,800 
Tangible assets
330,081 
420,102 
376,281 
472,902 
Current assets
Inventories
72,849 
51,633 
Debtors
155,829 
85,203 
Cash at bank and in hand
20,409 
22,651 
249,087 
159,487 
Creditors: amounts falling due within one year
(152,408)
(171,999)
Net current assets/(liabilities)
96,679 
(12,512)
Total assets less current liabilities
472,960 
460,390 
Creditors: amounts falling due after more than one year
(58,970)
(60,455)
Net assets
413,990 
399,935 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
413,989 
399,934 
Shareholders' funds
413,990 
399,935 
For the year ending 31 July 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 1 August 2024 and were signed on its behalf by
David Mbunzama Director Company Registration No. 12770441
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TFM WHOLESALE LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
TFM WHOLESALE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12770441. The registered office is Unit 82a, James Carter Road, Mildenhall , Bury St. Edmunds, Suffolk, IP28 7DE, England.
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.
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:
Fixtures & fittings
15
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
66,000 
At 31 July 2024
66,000 
Amortisation
At 1 August 2023
13,200 
Charge for the year
6,600 
At 31 July 2024
19,800 
Net book value
At 31 July 2024
46,200 
At 31 July 2023
52,800 
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TFM WHOLESALE LIMITED Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2023
600,144 
At 31 July 2024
600,144 
Depreciation
At 1 August 2023
180,042 
Charge for the year
90,021 
At 31 July 2024
270,063 
Net book value
At 31 July 2024
330,081 
At 31 July 2023
420,102 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
155,829 
85,203 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
41,055 
38,550 
Taxes and social security
24,871 
25,552 
Other creditors
24,816 
33,405 
Loans from directors
34,817 
47,250 
Accruals
26,849 
27,242 
152,408 
171,999 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Trade creditors
58,970 
60,455 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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