Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-29false2024-01-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04899915 2024-01-01 2024-12-31 04899915 2023-01-01 2023-12-31 04899915 2024-12-31 04899915 2023-12-31 04899915 2023-01-01 04899915 c:Director1 2024-01-01 2024-12-31 04899915 d:PlantMachinery 2024-01-01 2024-12-31 04899915 d:PlantMachinery 2024-12-31 04899915 d:PlantMachinery 2023-12-31 04899915 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04899915 d:CurrentFinancialInstruments 2024-12-31 04899915 d:CurrentFinancialInstruments 2023-12-31 04899915 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 04899915 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04899915 d:ShareCapital 2024-01-01 2024-12-31 04899915 d:ShareCapital 2024-12-31 04899915 d:ShareCapital 2023-01-01 2023-12-31 04899915 d:ShareCapital 2023-12-31 04899915 d:ShareCapital 2023-01-01 04899915 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 04899915 d:RetainedEarningsAccumulatedLosses 2024-12-31 04899915 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 04899915 d:RetainedEarningsAccumulatedLosses 2023-12-31 04899915 d:RetainedEarningsAccumulatedLosses 2023-01-01 04899915 c:OrdinaryShareClass1 2024-01-01 2024-12-31 04899915 c:OrdinaryShareClass1 2024-12-31 04899915 c:OrdinaryShareClass1 2023-12-31 04899915 c:FRS102 2024-01-01 2024-12-31 04899915 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04899915 c:FullAccounts 2024-01-01 2024-12-31 04899915 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04899915 2 2024-01-01 2024-12-31 04899915 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 04899915 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 04899915 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04899915







TGN ARCHITECTS LIMITED


UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2024

 
TGN ARCHITECTS LIMITED
REGISTERED NUMBER: 04899915

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
136
509

  
136
509

Current assets
  

Debtors: amounts falling due within one year
 5 
4,281
11,598

Cash at bank and in hand
 6 
1,405
3,695

  
5,686
15,293

Creditors: amounts falling due within one year
 7 
(5,172)
(12,178)

Net current assets
  
 
 
514
 
 
3,115

Total assets less current liabilities
  
650
3,624

Provisions for liabilities
  

Deferred tax
 8 
(14)
(51)

  
 
 
(14)
 
 
(51)

Net assets
  
636
3,573


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
 10 
536
3,473

  
636
3,573


Page 1

 
TGN ARCHITECTS LIMITED
REGISTERED NUMBER: 04899915
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 May 2025.




N Timson
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 2

 
TGN ARCHITECTS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2023
100
20,463
20,563


Comprehensive income for the year

Profit for the year
-
33,010
33,010
Total comprehensive income for the year
-
33,010
33,010


Contributions by and distributions to owners

Dividends: Equity capital
-
(50,000)
(50,000)


Total transactions with owners
-
(50,000)
(50,000)



At 1 January 2024
100
3,473
3,573


Comprehensive income for the year

Profit for the year
-
5,563
5,563
Total comprehensive income for the year
-
5,563
5,563


Contributions by and distributions to owners

Dividends: Equity capital
-
(8,500)
(8,500)


Total transactions with owners
-
(8,500)
(8,500)


At 31 December 2024
100
536
636


The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
TGN ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
TGN ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.Accounting policies (continued)

 
1.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
1.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 5

 
TGN ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.Accounting policies (continued)

 
1.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
1.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Prepayments & Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.

Page 6

 
TGN ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees

2024
2023
£
£

Wages and salaries
6,396
6,396

6,396
6,396


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 January 2024
17,590



At 31 December 2024

17,590



Depreciation


At 1 January 2024
17,082


Charge for the year on owned assets
372



At 31 December 2024

17,454



Net book value



At 31 December 2024
136



At 31 December 2023
509


5.


Debtors

2024
2023
£
£


Trade debtors
1,284
7,957

Other debtors
2,997
3,641

4,281
11,598


Page 7

 
TGN ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,405
3,695

1,405
3,695



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
515
163

Corporation tax
2,257
8,520

Other taxation and social security
-
1,095

Accruals and deferred income
2,400
2,400

5,172
12,178



8.


Deferred taxation




2024


£






At beginning of year
(51)


Utilised in year
37



At end of year
(14)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(15)
(51)

(15)
(51)

Page 8

 
TGN ARCHITECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



10.


Reserves

Profit and loss account

The profit and loss reserve is fully distributable.

 
Page 9