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Registered number: 04463210
TOUGH GUY PRODUCTIONS LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04463210
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,387 18,163
29,387 18,163
CURRENT ASSETS
Debtors 5 3,316 3,065
Cash at bank and in hand 7,949 12,766
11,265 15,831
Creditors: Amounts Falling Due Within One Year 6 (20,313 ) (12,587 )
NET CURRENT ASSETS (LIABILITIES) (9,048 ) 3,244
TOTAL ASSETS LESS CURRENT LIABILITIES 20,339 21,407
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (5,584 ) (3,451 )
NET ASSETS 14,755 17,956
CAPITAL AND RESERVES
Called up share capital 8 150 150
Profit and Loss Account 14,605 17,806
SHAREHOLDERS' FUNDS 14,755 17,956
Page 1
Page 2
For the year ending 31 March 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
Mr Leighton Wise
Director
15/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TOUGH GUY PRODUCTIONS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04463210 . The registered office is 22 Spiers Close, Knowle, Solihull, West Midlands, B93 9ES.
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.
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.
Revenue recognition
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Fixtures & Fittings 25%
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 57,661
Additions 21,020
As at 31 March 2025 78,681
...CONTINUED
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Depreciation
As at 1 April 2024 39,498
Provided during the period 9,796
As at 31 March 2025 49,294
Net Book Value
As at 31 March 2025 29,387
As at 1 April 2024 18,163
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,316 2,280
Prepayments and accrued income - 681
Interest on Loan - 104
3,316 3,065
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) 1
Other loans - 2,102
Corporation tax 2,874 5,138
VAT liability 1,573 1,917
Accruals 1,650 1,650
Director's loan account 14,217 1,779
20,313 12,587
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 5,584 3,451
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 150 150
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9. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 24,530 25,550
10. Related Party Transactions
The company was under the control of the director throughout the current and previous year. Mr Wise is the managing director and sole shareholder of the company. 
During the year the company paid Mr Wise £840 (PY:£840) as a contribution towrds the cost of operating the business from his premises.
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