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Company Registration No. 11299266 (England and Wales)
TGM UTILITIES LTD Unaudited accounts for the year ended 30 April 2025
TGM UTILITIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TGM UTILITIES LTD Company Information for the year ended 30 April 2025
Director
MARCO GABRIEL TOCACI
Company Number
11299266 (England and Wales)
Registered Office
43 COLEDALE DRIVE STANMORE HA7 2QE ENGLAND
Accountants
EMILIA ACCOUNTANCY LTD 58 STROUD CREDCENT LONDON UK SW15 3EJ
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TGM UTILITIES LTD Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
652,530
492,461
Investments
5
21,933
-
674,463
492,461
Current assets
Debtors
6
1,580,084
827,735
Cash at bank and in hand
254,546
59,262
1,834,630
886,997
Creditors: amounts falling due within one year
7
(1,225,331)
(306,271)
Net current assets
609,299
580,726
Total assets less current liabilities
1,283,762
1,073,187
Creditors: amounts falling due after more than one year
8
(672,863)
(566,033)
Net assets
610,899
507,154
Capital and reserves
Profit and loss account
610,899
507,154
Shareholders' funds
610,899
507,154
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 January 2026 and were signed on its behalf by
MARCO GABRIEL TOCACI Director Company Registration No. 11299266
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TGM UTILITIES LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
TGM UTILITIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11299266. The registered office is 43 COLEDALE DRIVE, STANMORE, HA7 2QE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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TGM UTILITIES LTD Notes to the Accounts for the year ended 30 April 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 May 2024
57,435
613,049
670,484
Additions
46,468
297,413
343,881
Disposals
-
(65,990)
(65,990)
At 30 April 2025
103,903
844,472
948,375
Depreciation
At 1 May 2024
20,796
157,227
178,023
Charge for the year
14,326
138,691
153,017
On disposals
-
(35,195)
(35,195)
At 30 April 2025
35,122
260,723
295,845
Net book value
At 30 April 2025
68,781
583,749
652,530
At 30 April 2024
36,639
455,822
492,461
5
Investments
Other investments
£
Valuation at 1 May 2024
-
Additions
21,933
Valuation at 30 April 2025
21,933
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
43,310
16,660
Trade debtors
902,631
482,256
Other debtors
634,143
328,819
1,580,084
827,735
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
44,402
-
Trade creditors
889,586
292,171
Other creditors
291,343
14,100
1,225,331
306,271
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TGM UTILITIES LTD Notes to the Accounts for the year ended 30 April 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
9,872
20,278
Obligations under finance leases and hire purchase contracts
657,623
473,331
Taxes and social security
5,368
72,424
672,863
566,033
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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