TMG SPORTS VEHICLES LIMITED

Company Registration Number:
08222969 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

TMG SPORTS VEHICLES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

TMG SPORTS VEHICLES LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 259,719 265,846
Total fixed assets: 259,719 265,846
Current assets
Stocks: 503,000 507,000
Debtors:   79,052 79,508
Cash at bank and in hand: 20,080 20,024
Total current assets: 602,132 606,532
Creditors: amounts falling due within one year:   (582,897) (550,419)
Net current assets (liabilities): 19,235 56,113
Total assets less current liabilities: 278,954 321,959
Creditors: amounts falling due after more than one year:   (5,000) (15,000)
Total net assets (liabilities): 273,954 306,959
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 273,854 306,859
Shareholders funds: 273,954 306,959

The notes form part of these financial statements

TMG SPORTS VEHICLES LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 March 2025
and signed on behalf of the board by:

Name: TREVOR MAURICE GRIMES
Status: Director

The notes form part of these financial statements

TMG SPORTS VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TMG SPORTS VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 14 15

TMG SPORTS VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 319,361
At 31 October 2024 319,361
Depreciation
At 01 November 2023 53,515
Charge for year 6,127
At 31 October 2024 59,642
Net book value
At 31 October 2024 259,719
At 31 October 2023 265,846