BrightAccountsProduction v1.0.0 v1.0.0 2023-11-29 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company in the year under review was that of a hairdresser. 27 August 2025 5 15317341 2024-08-31 15317341 2023-11-28 15317341 2023-11-29 2024-08-31 15317341 uk-bus:PrivateLimitedCompanyLtd 2023-11-29 2024-08-31 15317341 uk-curr:PoundSterling 2023-11-29 2024-08-31 15317341 uk-bus:SmallCompaniesRegimeForAccounts 2023-11-29 2024-08-31 15317341 uk-bus:FullAccounts 2023-11-29 2024-08-31 15317341 uk-bus:Director1 2023-11-29 2024-08-31 15317341 uk-bus:RegisteredOffice 2023-11-29 2024-08-31 15317341 uk-bus:Agent1 2023-11-29 2024-08-31 15317341 uk-core:ShareCapital 2024-08-31 15317341 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 15317341 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-08-31 15317341 uk-bus:FRS102 2023-11-29 2024-08-31 15317341 uk-core:PlantMachinery 2023-11-29 2024-08-31 15317341 uk-core:FurnitureFittingsToolsEquipment 2023-11-29 2024-08-31 15317341 uk-core:CurrentFinancialInstruments 2024-08-31 15317341 uk-core:CurrentFinancialInstruments 2024-08-31 15317341 uk-core:WithinOneYear 2024-08-31 15317341 uk-core:WithinOneYear 2024-08-31 15317341 uk-core:AfterOneYear 2024-08-31 15317341 uk-core:BetweenOneTwoYears 2024-08-31 15317341 uk-core:BetweenTwoFiveYears 2024-08-31 15317341 2023-11-29 2024-08-31 15317341 uk-bus:AuditExempt-NoAccountantsReport 2023-11-29 2024-08-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
T & G Godalming Limited
 
UNAUDITED FINANCIAL STATEMENTS
 
for the financial period from 29 November 2023 (date of incorporation) to 31 August 2024
T & G GODALMING LIMITED
DIRECTOR AND OTHER INFORMATION

 
Director Timothy Avory
 
 
Company Registration Number 15317341
 
 
Registered Office Berkeley House
Amery Street
Alton
Hampshire
GU34 1HN
United Kingdom
 
 
Accountants Styles & Associates Limited
BERKELEY HOUSE
AMERY STREET
GU341HN
United Kingdom



T & G GODALMING LIMITED
Company Registration Number: 15317341
BALANCE SHEET
as at 31 August 2024

Aug 24
Notes £
 
Fixed Assets
Tangible assets 6 123,002
─────────
 
Current Assets
Stocks 7 2,846
Debtors 8 4,749
Cash and cash equivalents 121,741
─────────
129,336
─────────
Creditors: amounts falling due within one year 9 (154,521)
─────────
Net Current Liabilities (25,185)
─────────
Total Assets less Current Liabilities 97,817
 
Creditors:
amounts falling due after more than one year 10 (75,394)
─────────
Net Assets 22,423
═════════
 
Capital and Reserves
Called up share capital 100
Retained earnings 22,323
─────────
Equity attributable to owners of the company 22,423
═════════
 
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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.
       
For the financial period from 29 November 2023 (date of incorporation) to 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
       
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
       
Approved by the Director and authorised for issue on 27 August 2025
       
       
Timothy Avory      
Director      
       



T & G GODALMING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 29 NOVEMBER 2023 (DATE OF INCORPORATION) TO 31 AUGUST 2024

   
1. GENERAL INFORMATION
 
T & G Godalming Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.
         
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 31 August 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover represents net sales of goods and services, excluding value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 20% Reducing Balance
  Fixtures, fittings and equipment - 10% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
 
In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.
   
4. PERIOD OF FINANCIAL STATEMENTS
 
The financial statements are for the 9 month 3 days period from 29 November 2023 (date of incorporation) to 31 August 2024.
 
The company commenced trading on 25th March 2024.
     
5. EMPLOYEES
 
The average monthly number of employees, including director, during the financial period was 5, (Nov 23 - 0).
 
  Aug 24
  Number
 
Employees including directors 5
  ═════════
         
6. TANGIBLE ASSETS
  Plant and Fixtures, Total
  machinery fittings and  
    equipment  
  £ £ £
Cost
At 29 November 2023 - - -
Additions 2,038 128,427 130,465
  ───────── ───────── ─────────
At 31 August 2024 2,038 128,427 130,465
  ───────── ───────── ─────────
Depreciation
At 29 November 2023 - - -
Charge for the financial period 238 7,225 7,463
  ───────── ───────── ─────────
At 31 August 2024 238 7,225 7,463
  ───────── ───────── ─────────
Net book value
At 31 August 2024 1,800 121,202 123,002
  ═════════ ═════════ ═════════
     
7. STOCKS Aug 24
  £
 
Finished goods and goods for resale 2,846
  ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
     
8. DEBTORS Aug 24
  £
 
Amounts owed by group undertakings 2,100
Prepayments and accrued income 2,649
  ─────────
  4,749
  ═════════
     
9. CREDITORS Aug 24
Amounts falling due within one year £
 
Bank loan 19,380
Trade creditors (639)
Amounts owed to group undertakings 63,927
Taxation 9,699
Other creditors 18,879
Accruals 43,275
  ─────────
  154,521
  ═════════
     
10. CREDITORS Aug 24
Amounts falling due after more than one year £
 
Bank loan 75,394
  ═════════
 
Loans
Repayable in one year or less, or on demand (Note 9) 19,380
Repayable between one and two years 19,380
Repayable between two and five years 56,014
  ─────────
  94,774
  ═════════
 
   
11. CONTROLLING INTEREST
 
The ultimate controlling party is T Avory.
     
12. SHARE CAPITAL
 
Allotted, issued and fully paid:
 
  Aug 24
  £
 
100 Ordinary Shares 100
  ═════════
     
13. FINANCIAL COMMITMENTS
 
Total future minimum lease payments under non-cancellable operating leases are as follows:

DUE:
 
  Aug 24
  £
 
Within one year 26,000
Between one and five years 104,000
In over five years 109,200
  ─────────
  239,200
  ═════════