REGISTERED NUMBER: 06137555 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TLG LINEN SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T A Saleem

Mr K M Saleem

REGISTERED OFFICE:

4 Shentonfield Road

Sharston Industrial Estate

Wythenshawe

Manchester

Lancashire

M22 4RW

REGISTERED NUMBER:

06137555 (England and Wales)

ACCOUNTANTS:

Anthony Wych & Co

26 Berrycroft Lane

Romiley

Stockport

Cheshire

SK6 3AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

84,706

90,934

84,706

90,934

CURRENT ASSETS

Stocks

617,948

564,569

Debtors

6

1,163,518

1,033,168

Cash at bank and in hand

571,992

304,802

2,353,458

1,902,539

CREDITORS

Amounts falling due within one year

7

566,390

769,666

NET CURRENT ASSETS

1,787,068

1,132,873

TOTAL ASSETS LESS CURRENT LIABILITIES

1,871,774

1,223,807

CREDITORS

Amounts falling due after more than one year

8

-

(36,458

)

PROVISIONS FOR LIABILITIES

(21,177

)

(17,277

)

NET ASSETS

1,850,597

1,170,072

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

1,850,587

1,170,062

SHAREHOLDERS' FUNDS

1,850,597

1,170,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2025 and were signed on its behalf by:

Mr T A Saleem - Director

1.	STATUTORY INFORMATION

TLG Linen Services 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of seven years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

5,000

AMORTISATION

At 1 April 2024

and 31 March 2025

5,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 April 2024

144,699

113,668

258,367

Additions

-

20,631

20,631

At 31 March 2025

144,699

134,299

278,998

DEPRECIATION

At 1 April 2024

144,699

22,734

167,433

Charge for year

-

26,859

26,859

At 31 March 2025

144,699

49,593

194,292

NET BOOK VALUE

At 31 March 2025

-

84,706

84,706

At 31 March 2024

-

90,934

90,934

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

605,533

686,329

Other debtors

546,936

343,386

Prepayments

11,049

3,453

1,163,518

1,033,168

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

36,458

62,500

Trade creditors

269,105

301,499

Corporation tax

242,741

294,317

VAT

12,578

4,413

Directors' current accounts

1,408

2,587

Accruals and deferred income

4,100

104,350

566,390

769,666

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

36,458

9.	RELATED PARTY DISCLOSURES

During the year the company hired plant and machinery to the value of £990,000 (2024 - £48,614) from Automated Laundry Equipment Limited, a company in which Mr T Saleem is materially interested as a shareholder. The purchases were made on a normal trading basis.The balance outstanding from Automated Laundry Equipment Limited as at the year end date was £392,386 (2024 - £343,386).