TFG Capital Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 09167389

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		42,782		53,176
Fixed Asset Investments	5		200		200

			42,982		53,376
CURRENT ASSETS
Debtors		10,677,361		7,255,562
Cash at bank and in hand		670,364		1,011,592

		11,347,725		8,267,154
Creditors: Amounts Falling Due Within One Year		(5,481,076 )		(2,577,981 )

NET CURRENT ASSETS (LIABILITIES)			5,866,649		5,689,173

TOTAL ASSETS LESS CURRENT LIABILITIES			5,909,631		5,742,549

PROVISIONS FOR LIABILITIES
Deferred Taxation			(676 )		(2,459 )

NET ASSETS			5,908,955		5,740,090

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			5,908,855		5,739,990

SHAREHOLDERS' FUNDS			5,908,955		5,740,090

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TFG Capital Limited

Abridged Balance Sheet (continued)

As At 31 August 2025

For the 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.

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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr J R Mortimore

Director

29/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

TFG Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09167389 . The registered office is 17 Jetstream Drive, Doncaster, South Yorkshire, DN9 3QS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, (modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value). The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

2.2. Going Concern Disclosure

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

Turnover represents amounts receivable in respect of arrangement fees, commissions and interest received.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings 20% on cost

Computers Straight line over 3 years

Motor vehicles 25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.5. Investment Properties

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

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TFG Capital Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 August 2025

2.6. Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2.7. Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2.8. Retirement Benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2.9. Leases

As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 11)

4. Tangible Assets

	Total
	£
Cost
As at 1 September 2024	124,901
Additions	10,831
Disposals	(910 )

As at 31 August 2025	134,822

...CONTINUED

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TFG Capital Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 August 2025

Depreciation
As at 1 September 2024	71,725
Provided during the period	21,106
Disposals	(791 )

As at 31 August 2025	92,040

Net Book Value
As at 31 August 2025	42,782

As at 1 September 2024	53,176

5. Fixed Asset Investments

	Total
	£
Cost
As at 1 September 2024	200

As at 31 August 2025	200

Provision
As at 1 September 2024	-

As at 31 August 2025	-

Net Book Value
As at 31 August 2025	200

As at 1 September 2024	200

Shares in group undertakings and participating interests

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Other Commitments

As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

	2025	2024
	£	£
Not later than one year	48,942	22,025
Later than one year and not later than five years	57,715	61,795

	106,657	83,820

9. Related Party Transactions

Included in these financial statements are commissions received of £402,816 (2024- £866,574) from a subsidiary company, a debtors balance of £563,442 (2024- £238,958) is owed by the company at the year end.

There is also a loan of £373,924 (2024- £620,116) owed by the subsidiary at the year end. This is interest free and repayable on demand.

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