TGK BRAND LIMITED

TGK BRAND LIMITED
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	42,512	42,597
		42,512	42,597
Current assets
Debtors	4	1,745,458	527,466
Cash at bank and in hand		2,060,659	543,442
		3,806,117	1,070,908
Creditors: amount falling due within one year		(3,152,641)	(227,082)
Net current assets		653,476	843,826

Total assets less current liabilities		695,988	886,423
Provisions for liabilities	5	(3,875)	(2,981)
Net assets		692,113	883,442

Capital and reserves
Called up share capital		100	100
General Reserves	6	0	136,300
Profit and loss account		692,013	747,042
Shareholders' funds		692,113	883,442

For the year ended 31 January 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 accounts for the year in question in accordance with section 476.
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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income and expenditure account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 21 October 2026 and were signed on its behalf by:

-------------------------------
Segun Akinwoleola
Director

TGK BRAND LIMITED
Notes to the Financial Statements
For the year ended 31 January 2026

General Information

TGK BRAND LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10578993, registration address 71-75 SHELTON STREET, COVENT GARDEN LONDON, WC2H 9JQ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the profit and loss account as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings: 25% reducing balance
Computer Equipment: 25% reducing balance
Motor Vehicle: 25% reducing balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 10 (2025 : 5).

Tangible fixed assets

Cost or valuation	Motor Vehicles	Computer Equipment	Total
	£	£	£
At 01 February 2025	43,830	18,373	62,203
Additions	-	12,161	12,161
Disposals	-	-	-
At 31 January 2026	43,830	30,534	74,364
Depreciation
At 01 February 2025	14,382	5,224	19,606
Charge for year	7,362	4,884	12,246
On disposals	-	-	-
At 31 January 2026	21,744	10,108	31,852
Net book values
Closing balance as at 31 January 2026	22,086	20,426	42,512
Opening balance as at 01 February 2025	29,448	13,149	42,597

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	1,193,585	473,370
Accrued Income	511,873	0
VAT Control	0	54,096
	1,705,458	527,466

Debtors: amounts falling due after one year

	2026 £		2025 £
Other Debtors	40,000		0
	40,000		0

Provisions for liabilities

	2026 £		2025 £
Pension Provisions	3,875		2,981
	3,875		2,981

General Reserves

	2026 £		2025 £
General Reserve	0		136,300
	0		136,300