Company Registration No. 11183824 (England and Wales)
T.S.G. Machinery Limited
Unaudited accounts
for the year ended 28 February 2025
T.S.G. Machinery Limited
Unaudited accounts
Contents
T.S.G. Machinery Limited
Company Information
for the year ended 28 February 2025
Directors
T A Gorton
T S Gorton
Company Number
11183824 (England and Wales)
Registered Office
Unit 2 Intack Farm
Carnforth
Lancashire
LA6 1HB
United Kingdom
Accountants
Meta Tax Limited
33 Princes Crescent
Bare
Morecambe
LA4 6BY
T.S.G. Machinery Limited
Statement of financial position
as at 28 February 2025
Tangible assets
9,750
13,042
Inventories
135,000
350,000
Cash at bank and in hand
(9,264)
(22,005)
Creditors: amounts falling due within one year
(120,295)
(48,468)
Net current assets
81,253
470,783
Total assets less current liabilities
91,003
483,825
Creditors: amounts falling due after more than one year
(16,570)
(6,787)
Called up share capital
100
100
Profit and loss account
74,333
476,938
Shareholders' funds
74,433
477,038
For the year ending 28 February 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by
T A Gorton
Director
Company Registration No. 11183824
T.S.G. Machinery Limited
Notes to the Accounts
for the year ended 28 February 2025
T.S.G. Machinery Limited is a private company, limited by shares, registered in England and Wales, registration number 11183824. The registered office is Unit 2 Intack Farm, Carnforth, Lancashire, LA6 1HB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
@ 25% RB
Computer equipment
@ 40% RB
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
15,299
13,313
984
29,596
At 28 February 2025
15,299
13,313
984
29,596
At 1 March 2024
8,250
7,533
771
16,554
Charge for the year
1,762
1,445
85
3,292
At 28 February 2025
10,012
8,978
856
19,846
At 28 February 2025
5,287
4,335
128
9,750
At 29 February 2024
7,049
5,780
213
13,042
Amounts falling due within one year
Trade debtors
75,812
191,256
T.S.G. Machinery Limited
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
11,996
8,056
Trade creditors
90,000
80,000
Taxes and social security
3,999
2,747
Loans from directors
52
(85,595)
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 6 (2024: 9).