Registration number: 04511434

T G Ram Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 10

T G Ram Ltd

Company Information

Director

Mr C G Tilvar

Company secretary

Mrs G Tilvar

Registered office

Unit 67 Hallmark Trading Est Fourth Way Wembley HA9 0LH

Accountants

Richlands Business Advisers Limited Chartered Accountants42-46 Station Road Edgware Middlesex HA8 7AB

T G Ram Ltd

(Registration number: 04511434)
Balance Sheet as at 31 August 2025

	Note	2025 £	(As restated) 2024 £
Fixed assets
Tangible assets	4	2,693,110	2,609,548
Investments	5	395	395
		2,693,505	2,609,943
Current assets
Debtors	6	5,061,821	4,147,061
Cash at bank and in hand		14,375,388	14,720,385
		19,437,209	18,867,446
Creditors: Amounts falling due within one year	7	(1,605,622)	(2,841,702)
Net current assets		17,831,587	16,025,744
Net assets		20,525,092	18,635,687
Capital and reserves
Called up share capital	8	2	2
Retained earnings		20,525,090	18,635,685
Shareholders' funds		20,525,092	18,635,687

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 May 2026

.........................................

Mr C G Tilvar

Director

T G Ram Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 67 Hallmark Trading Est
Fourth Way
Wembley
HA9 0LH
United Kingdom

These financial statements were authorised for issue by the director on 26 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Reclassification of comparative amounts

The prior period comparative has been restated to correct the presentation of closing work in progress of £319,592 as amounts recoverable on contracts, in order to comply with the requirements of FRS 102.

In prior period the opening work in progress of £967,004 and closing work in progress of £319,592 was restated and disclosed as turnover. This restatement has decreased the turnover by £647,412, however this adjustment does not affect the gross profit.

In balance sheet the prior period closing work in progress of £319,592 is restated and shown as amounts recoverable on contracts in debtors. This adjustment has increased the debtors from £3,827,469 to £4,147,061

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

T G Ram Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Contract revenue recognition

The company applies revenue recognition applicable in the construction business stream. Revenue is recognised when it transfers control over a product or service to its customer. Revenue is measured based on the consideration specified in a contract with a customer and excludes amounts collected on behalf of third parties.

Revenue is recognised as follows:
- revenue from construction and services activities is recognised over time and the Company uses the input method to measure progress of delivery
- The consideration recognised is the amount which is highly probable not to result in a significant reversal in future periods.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	25% per annum on reducing balance
Office Equipment	25% per annum on straight line basis
Motor Vehicles	25% per annum on reducing balance

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

T G Ram Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

T G Ram Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 14 (2024 - 14).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2024	1,247,919	2,261,835	2,484,259	5,994,013
Additions	219,924	31,468	317,871	569,263
Disposals	-	(23,650)	(414,820)	(438,470)
At 31 August 2025	1,467,843	2,269,653	2,387,310	6,124,806
Depreciation
At 1 September 2024	-	1,727,978	1,656,487	3,384,465
Charge for the year	-	141,166	267,935	409,101
Eliminated on disposal	-	(20,952)	(340,918)	(361,870)
At 31 August 2025	-	1,848,192	1,583,504	3,431,696
Carrying amount
At 31 August 2025	1,467,843	421,461	803,806	2,693,110
At 31 August 2024	1,247,919	533,857	827,772	2,609,548

Included within the net book value of land and buildings above is £1,467,843 (2024 - £1,247,919) in respect of freehold land and buildings.
 

The fair value of the freehold property has been internally valued by the director at the year end.

T G Ram Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

5	Investments

	2025 £	2024 £
Investments in subsidiaries	395	395