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REGISTERED NUMBER: 13903602 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

TGS Group Holdings Ltd

TGS Group Holdings Ltd (Registered number: 13903602)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TGS Group Holdings Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTOR: R D Bamford





REGISTERED OFFICE: Unit 19
Scrubs Farm
Lower Gravel Road
Bromley
Kent
BR2 8LL





REGISTERED NUMBER: 13903602 (England and Wales)





ACCOUNTANTS: Burnbecks Limited
Chartered Certified Accountants
2B Haddo Street
Greenwich
London
SE10 9RN

TGS Group Holdings Ltd (Registered number: 13903602)

Abridged Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 15,185 20,247

CURRENT ASSETS
Cash at bank and in hand 1,875 1,782

CREDITORS
Amounts falling due within one year 16,488 15,554
NET CURRENT LIABILITIES (14,613 ) (13,772 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

572

6,475

CREDITORS
Amounts falling due after more than one
year

4,769

12,946
NET LIABILITIES (4,197 ) (6,471 )

CAPITAL AND RESERVES
Called up share capital 200 100
Retained earnings (4,397 ) (6,571 )
(4,197 ) (6,471 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TGS Group Holdings Ltd (Registered number: 13903602)

Abridged Balance Sheet - continued
28 February 2025


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 April 2025 and were signed by:





R D Bamford - Director


TGS Group Holdings Ltd (Registered number: 13903602)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

TGS Group Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At the balance sheet date the company's liabilities exceeded its assets by £4,197. Working capital is provided by a third party loan and as this loan carries favourable repayment terms, the director has prepared these accounts on a going concern basis.

Turnover
Turnover represents rental income receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

TGS Group Holdings Ltd (Registered number: 13903602)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2024
and 28 February 2025 35,995
DEPRECIATION
At 1 March 2024 15,748
Charge for year 5,062
At 28 February 2025 20,810
NET BOOK VALUE
At 28 February 2025 15,185
At 29 February 2024 20,247

TGS Group Holdings Ltd (Registered number: 13903602)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 March 2024
and 28 February 2025 35,995
DEPRECIATION
At 1 March 2024 15,748
Charge for year 5,062
At 28 February 2025 20,810
NET BOOK VALUE
At 28 February 2025 15,185
At 29 February 2024 20,247