Company registration number: 12092469
Unaudited financial statements
for the year ended 31 July 2024
for
Tgs Foods Limited
Pages for filing with the Registrar
Company registration number: 12092469
Tgs Foods Limited
Balance sheet
as at 31 July 2024
31 Jul 24 31 Jul 23
Note £ £ £ £
Fixed assets
Tangible assets 4 16,107 -
16,107 -
Current assets
Debtors 100 100
Cash at bank and in hand 25 -
125 100
Creditors: amounts falling due within one
year
(19,622) -
Net current (liabilities)/assets (19,497) 100
Total assets less current liabilities (3,390) 100
NET (LIABILITIES)/ASSETS (3,390) 100
Capital and reserves
Called up share capital 100 100
Profit and loss account (3,490) -
TOTAL EQUITY (3,390) 100
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12092469
Tgs Foods Limited
Balance sheet - continued
as at 31 July 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr A Basra, Director
21 June 2025
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Tgs Foods Limited
Notes to the financial statements
for the year ended 31 July 2024
1 Company information
Tgs Foods Limited is a private company registered in England and Wales. Its registered number is 12092469. The company is limited by shares. Its registered office is Salt & Vinegar, 42a Skidmore Road, Bilston, West Midlands, WV14 8SE.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or 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.
Plant and machinery:
Plant and machinery - 15% reducing balance
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
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Tgs Foods Limited
Notes to the financial statements - continued
for the year ended 31 July 2024
4 Tangible fixed assets
Plant and
machinery
£
Cost
Additions 18,950
At 31 July 2024 18,950
Depreciation
Charge for year 2,843
At 31 July 2024 2,843
Net book value
At 31 July 2024 16,107
At 31 July 2023 -
If Plant and machinery had not been revalued, Plant and machinery would have been included at the following historical cost:
31 Jul 24 31 Jul 23
£ £
Cost 18,950 -
Accumulated depreciation 2,843 -
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