TGS CHILLED FOODS LIMITED 31/03/2026 iXBRL

Company registration number: 16093505

TGS CHILLED FOODS LIMITED

Trading as TGS CHILLED FOODS LTD

Unaudited filleted financial statements

31 March 2026

TGS CHILLED FOODS LIMITED

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

TGS CHILLED FOODS LIMITED

Directors and other information


Directors	Mr Tanios Rameh-Saad
	Mr Salim Rameh-Saad	(Resigned 3 June 2026)
	Mr Gergis Touma


Company number	16093505


Registered office	Unit 5, Silicon Business Centre
	26 Wadsworth Road
	Perivale
	Middlesex
	UB6 7JZ


Business address	Unit 5, Silicon Business Centre
	26, Wadsworth Road,
	Perivale. Middlesex
	United Kingdom
	UB6 7JZ


Accountants	Nagle James Associates
	Amba House
	4th Floor, 15 College Road
	Harrow
	Middlesex
	HA1 1BA

TGS CHILLED FOODS LIMITED

Statement of financial position

31 March 2026

		2026
	Note	£	£

Fixed assets
Tangible assets	5	2,760
		_______
			2,760

Current assets
Stocks		130,100
Debtors	6	254,767
Cash at bank and in hand		6,552
		_______
		391,419
Creditors: amounts falling due
within one year	7	( 389,181)
		_______
Net current assets			2,238
			_______
Total assets less current liabilities			4,998


Provisions for liabilities			( 524)

			_______
Net assets			4,474
			_______

Capital and reserves
Called up share capital			100
Profit and loss account			4,374
			_______
Shareholders funds			4,474
			_______

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 05 October 2026 , and are signed on behalf of the board by:

Mr Tanios Rameh-Saad

Director

Company registration number: 16093505

TGS CHILLED FOODS LIMITED

Statement of changes in equity

Year ended 31 March 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2025	-	-	-

Profit for the year		4,374	4,374
	_______	_______	_______
Total comprehensive income for the year	-	4,374	4,374

Issue of shares	100		100
	_______	_______	_______
Total investments by and distributions to owners	100	-	100

	_______	_______	_______
At 31 March 2026	100	4,374	4,474
	_______	_______	_______

TGS CHILLED FOODS LIMITED

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 5, Silicon Business Centre, 26 Wadsworth Road, Perivale, Middlesex, UB6 7JZ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	20 %	straight line
Fittings fixtures and equipment	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Staff costs

The average number of persons employed by the company during the year amounted to 21

The aggregate payroll costs incurred during the year were:

			2026
			£
	Wages and salaries		312,062
	Social security costs		19,581
	Other pension costs		3,532
			_______
			335,175
			_______

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 April 2025	-	-	-
Additions	2,500	458	2,958
	_______	_______	_______
At 31 March 2026	2,500	458	2,958
	_______	_______	_______
Depreciation
At 1 April 2025	-	-	-
Charge for the year	167	31	198
	_______	_______	_______
At 31 March 2026	167	31	198
	_______	_______	_______
Carrying amount
At 31 March 2026	2,333	427	2,760
	_______	_______	_______

6. Debtors

		2026
		£
	Trade debtors	140,829
	Amounts owed by Connected Company - T S Chilled Foods Ltd	61,352
VAT recoverable	9,783
Director's current account - Tony	38,625
Director's current account - Salim	2,612
Director's current account - George	1,566
		_______
		254,767
		_______

7. Creditors: amounts falling due within one year

			2026
			£
	Loans and overdrafts		101,862
	Trade creditors		261,239
	Corporation tax		1,088
	Social security and other taxes		11,186
	Other creditors		13,806
			_______
			389,181
			_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2026
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr Tanios Rameh-Saad	-	38,625	38,625
	Mr Salim Rameh-Saad	-	2,612	2,612
	Mr Gergis Touma	-	1,566	1,566
		_______	_______	_______
		-	42,803	42,803
		_______	_______	_______