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Registered number: 09760040
Tmeg Management Limited
Financial Statements
For The Year Ended 30 September 2025
Fairman Harris
1 Landor Road
London
SW9 9RX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09760040
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,039,046 444,510
1,039,046 444,510
CURRENT ASSETS
Debtors 5 2,732,373 1,497,852
Cash at bank and in hand 635,543 239,130
3,367,916 1,736,982
Creditors: Amounts Falling Due Within One Year 6 (748,106 ) (478,825 )
NET CURRENT ASSETS (LIABILITIES) 2,619,810 1,258,157
TOTAL ASSETS LESS CURRENT LIABILITIES 3,658,856 1,702,667
NET ASSETS 3,658,856 1,702,667
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 3,658,756 1,702,567
SHAREHOLDERS' FUNDS 3,658,856 1,702,667
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For the year ending 30 September 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 S Jiwa
Director
26 June 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Tmeg Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09760040 . The registered office is 3rd Floor, 56-58 High Street, Sutton, Surrey SM1 1EZ.
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.
Rendering of services
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. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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4. Investments
Unlisted
£
Cost
As at 1 October 2024 444,510
Additions 499,758
Disposals (36,254 )
Revaluations 131,032
As at 30 September 2025 1,039,046
Provision
As at 1 October 2024 -
As at 30 September 2025 -
Net Book Value
As at 30 September 2025 1,039,046
As at 1 October 2024 444,510
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 97,800 30,600
Other debtors 1,218,780 226,701
1,316,580 257,301
Due after more than one year
Other debtors 1,415,793 1,240,551
2,732,373 1,497,852
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,713 -
Other creditors 637,302 463,200
Taxation and social security 109,091 15,625
748,106 478,825
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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8. Related Party Transactions
Maxim Eyes (UK) Ltd
Common director and shareholder
Intercompany balance: £Nil (2024: Cr £120,000)
Puredrive balance: Dr £1,415,793 (2024: Dr £1,240,551)
Global Eyes Recruitment Ltd balance: Cr £138,000 (2024 : Cr £88,000)
Me Operations Ltd balance: Cr £314,000, (2024: £150,000)
Kai Investments Ltd balance Cr £160,000, (2024 £Nil)
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Shamir Jiwa by virtue of his ownership of 100% of the issued share capital in the company.
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