Company registration number 03735614 (England and Wales)
TEXTGROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
TEXTGROUP LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TEXTGROUP LIMITED FOR THE YEAR ENDED 31 MARCH 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Textgroup Limited for the year ended 31 March 2024 set out on pages 2 to 3 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 at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Textgroup Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Textgroup Limited and state those matters that we have agreed to state to the board of directors of Textgroup Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Textgroup Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Textgroup Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Textgroup 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 Textgroup 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.
Mitchell Charlesworth
26 March 2025
Accountants
TEXTGROUP LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
6,442
314
Current assets
17,886
29,152
Creditors: amounts falling due within one year
(19,709)
(17,544)
Net current (liabilities)/assets
(1,823)
11,608
Total assets less current liabilities
4,619
11,922
Net assets
4,619
11,922
Capital and reserves
4,619
11,922
Notes to the financial statements
1
Average employees
The average number of persons (including directors) employed by the company during the year was 1 (2023 - 1).
2
Going Concern
At the balance sheet date, the company had net current liabilities totalling £1,823. The director will continue to provide financial support to the company such that it may meet its financial obligations as they fall due. As such, the director continues to adopt the going concern basis of accounting in preparing the financial statements
Textgroup Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suites C,D,E&F, 14th Floor The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
TEXTGROUP LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 3 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 26 March 2025
Mr J C Robinson
Director
Company Registration Number 03735614