TIM GROOM ARCHITECTS LTD - Filleted accounts

Registered number

05639668

TIM GROOM ARCHITECTS LTD

Filleted Accounts

31 January 2026

TIM GROOM ARCHITECTS LTD
Registered number:		05639668
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		245,248			232,328

Current assets
Debtors	4	317,728			295,729
Cash at bank and in hand		144,328			63,481
		462,056			359,210

Creditors: amounts falling due within one year	5	(640,949)			(496,752)

Net current liabilities			(178,893)			(137,542)

Total assets less current liabilities			66,355			94,786

Creditors: amounts falling due after more than one year	6		(307)			(10,956)



Net assets			66,048			83,830

Capital and reserves
Called up share capital			4			4
Prior years' adjustment			-			5,000
Profit and loss account			66,044			78,826

Shareholders' funds			66,048			83,830

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




T M Groom
Director
Approved by the board on 29 September 2026

TIM GROOM ARCHITECTS LTD
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	For a defined benefit scheme, the liability recorded in the balance sheet is the present value of the defined obligation at that date. The defined benefit obligation is calculated on an annual basis by independent actuaries.

	Actuarial gains and losses are recognised in full in the period in which they occur and are shown in Other Comprehensive Income.

	Current and past service costs, along with settlements or curtailments, are charged to the Income Statement. Interest on pension plan liabilities are recognised within finance expense.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.



2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		22		25


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2025				477,946
	Additions				61,316
	At 31 January 2026				539,262

	Depreciation
	At 1 February 2025				245,618
	Charge for the year				48,396
	At 31 January 2026				294,014

	Net book value
	At 31 January 2026				245,248
	At 31 January 2025				232,328


4	Debtors		2026		2025
£				£

	Trade debtors		317,728		295,729


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		345,292		235,894
	Taxation and social security costs		267,247		229,724
	Pension scheme liability		13,000		13,000
	Other creditors		15,410		18,134
			640,949		496,752


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		307		10,956


7	Pension costs

	Employer Pension Obligations

	The Company has agreed to fund a defined benefit pension scheme in respect of key employees. The company decided not to perform any further acturial valuation for this pension scheme.

			2026		2025
£				£
	At the beginning of the year		13,000		15,000
	Current Service Cost		-
	Interest cost		-		1,000
	Acturial gains		-		(3,000)
	At the end of the year		13,000		13,000


8	Controlling party

	The company is controlled by Mr Timothy Mark Groom and Mrs Victoria Louise Groom by virtue of directorship and 50% share holding each respectively.


9	Other information

	TIM GROOM ARCHITECTS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Eastgate
	2 Castle Street
	Manchester
	M3 4LZ