Registered number
13842803
T GEN LIMITED
Filleted Accounts
31 January 2025
T GEN LIMITED
Registered number: 13842803
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,528 2,037
1,528 2,037
Current assets
Debtors 4 135,464 3,626
Cash at bank and in hand 2,527 178
137,991 3,804
Creditors: amounts falling due within one year 5 (65,600) (4,894)
Net current assets/(liabilities) 72,391 (1,090)
Total assets less current liabilities 73,919 947
Creditors: amounts falling due after more than one year 6 (72,014) (30,358)
Net assets/(liabilities) 1,905 (29,411)
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,904 (29,412)
Shareholders' funds 1,905 (29,411)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
AJIA SUN
Director
Approved by the board on 9 April 2025
T GEN LIMITED
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 20 3
3 Tangible fixed assets
Land and buildings Equipments Motor vehicles Total
£ £ £ £
Cost
At 1 February 2024 - 2,546 - 2,546
Additions - - - -
Surplus on revaluation - - - -
Disposals - - - -
At 31 January 2025 - 2,546 - 2,546
Depreciation
At 1 February 2024 - 509 - 509
Charge for the year - 509 - 509
Surplus on revaluation - - - -
On disposals - - - -
At 31 January 2025 - 1,018 - 1,018
Net book value
At 31 January 2025 - 1,528 - 1,528
At 31 January 2024 - 2,037 - 2,037
4 Debtors 2025 2024
£ £
Trade debtors 133,838 2,000
Other debtors 1,626 1,626
135,464 3,626
5 Creditors: amounts falling due within one year 2025 2024
£ £
Pension 3,935 -
Credit Card - 1,269
Trade creditors 108 1,428
Taxation and social security costs 34,050 (380)
Other creditors 27,507 2,577
65,600 4,894
6 Creditors: amounts falling due after one year 2025 2024
£ £
Loan from Britannica Creations 61,944 13,559
Director's loan account 10,070 16,799
72,014 30,358
7 Related party transactions
Included in creditors £61944 is loan from Britannica Creations Limited,company that the director has interest in.
8 Controlling party
The company is controlled by Ajia Sun (100%)
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