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Registered number: 07125826
Tomo Graphics Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
TMA Accounting Ltd
Unit 10
80 Lytham Road
Fulwood
Preston
PR2 3AQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 07125826
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,012 6,140
6,012 6,140
CURRENT ASSETS
Debtors 6 3,888 2,280
Cash at bank and in hand 1,519 3,686
5,407 5,966
Creditors: Amounts Falling Due Within One Year 7 (11,279 ) (10,925 )
NET CURRENT ASSETS (LIABILITIES) (5,872 ) (4,959 )
TOTAL ASSETS LESS CURRENT LIABILITIES 140 1,181
NET ASSETS 140 1,181
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 139 1,180
SHAREHOLDERS' FUNDS 140 1,181
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Philip John Thomas
Director
3rd September 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Tomo Graphics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07125826 . The registered office is 16 Balls Green, Withyham, Hartfield, East Sussex, TN7 4BU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0.02
Plant & Machinery 0.25
Motor Vehicles 0.25
Fixtures & Fittings 0.25
Computer Equipment 0.33
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 2
Page 3
2.6. Going Concern
The financial statements have been prepared on a going concern basis. The validity of this assumption is based upon the continued financial support of the director who has indicated his willingness to continue to provide ongoing financial support. Accordingly, the director is of the opinion that the company is a going concern for the foreseeable future.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 37,611
As at 31 January 2025 37,611
Amortisation
As at 1 February 2024 37,611
As at 31 January 2025 37,611
Net Book Value
As at 31 January 2025 -
As at 1 February 2024 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 February 2024 6,396 1,000 18,992 1,677
As at 31 January 2025 6,396 1,000 18,992 1,677
Depreciation
As at 1 February 2024 256 1,000 18,992 1,677
Provided during the period 128 - - -
As at 31 January 2025 384 1,000 18,992 1,677
Net Book Value
As at 31 January 2025 6,012 - - -
As at 1 February 2024 6,140 - - -
Computer Equipment Total
£ £
Cost
As at 1 February 2024 15,190 43,255
As at 31 January 2025 15,190 43,255
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 February 2024 15,190 37,115
Provided during the period - 128
As at 31 January 2025 15,190 37,243
Net Book Value
As at 31 January 2025 - 6,012
As at 1 February 2024 - 6,140
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,888 2,280
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 561 4,950
VAT 1,998 2,419
Accruals and deferred income 88 87
Director's loan account 8,632 3,469
11,279 10,925
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4