Silverfin false false 30/06/2024 12/06/2023 30/06/2024 T Griffith 12/06/2023 10 March 2025 The principal activity of the company during the financial year was that of providing corporate finance and strategic advice. 14930733 2024-06-30 14930733 bus:Director1 2024-06-30 14930733 core:CurrentFinancialInstruments 2024-06-30 14930733 core:ShareCapital 2024-06-30 14930733 core:RetainedEarningsAccumulatedLosses 2024-06-30 14930733 core:ComputerEquipment 2023-06-11 14930733 2023-06-11 14930733 core:ComputerEquipment 2024-06-30 14930733 2023-06-12 2024-06-30 14930733 bus:FilletedAccounts 2023-06-12 2024-06-30 14930733 bus:SmallEntities 2023-06-12 2024-06-30 14930733 bus:AuditExemptWithAccountantsReport 2023-06-12 2024-06-30 14930733 bus:PrivateLimitedCompanyLtd 2023-06-12 2024-06-30 14930733 bus:Director1 2023-06-12 2024-06-30 14930733 core:ComputerEquipment core:TopRangeValue 2023-06-12 2024-06-30 14930733 core:ComputerEquipment 2023-06-12 2024-06-30 iso4217:GBP xbrli:pure

Company No: 14930733 (England and Wales)

TG ADVISORY LIMITED

Unaudited Financial Statements
For the financial period from 12 June 2023 to 30 June 2024
Pages for filing with the registrar

TG ADVISORY LIMITED

Unaudited Financial Statements

For the financial period from 12 June 2023 to 30 June 2024

Contents

TG ADVISORY LIMITED

BALANCE SHEET

As at 30 June 2024
TG ADVISORY LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 30.06.2024
£
Fixed assets
Tangible assets 3 371
371
Current assets
Debtors 4 39,020
Cash at bank and in hand 175,438
214,458
Creditors: amounts falling due within one year 5 ( 92,599)
Net current assets 121,859
Total assets less current liabilities 122,230
Accruals and deferred income ( 19,449)
Net assets 102,781
Capital and reserves
Called-up share capital 100
Profit and loss account 102,681
Total shareholder's funds 102,781

For the financial period ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of TG Advisory Limited (registered number: 14930733) were approved and authorised for issue by the Director on 10 March 2025. They were signed on its behalf by:

T Griffith
Director
TG ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 12 June 2023 to 30 June 2024
TG ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 12 June 2023 to 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

TG Advisory Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Avalon House, 5-7 Cathedral Road, Cardiff, CF11 9HA, Wales, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

2. Employees

Period from
12.06.2023 to
30.06.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Tangible assets

Computer equipment Total
£ £
Cost
At 12 June 2023 0 0
Additions 557 557
At 30 June 2024 557 557
Accumulated depreciation
At 12 June 2023 0 0
Charge for the financial period 186 186
At 30 June 2024 186 186
Net book value
At 30 June 2024 371 371

4. Debtors

30.06.2024
£
Trade debtors 24,000
Prepayments and accrued income 15,020
39,020

5. Creditors: amounts falling due within one year

30.06.2024
£
Taxation and social security 54,209
Other creditors 38,390
92,599