| TMGS Grounds Maintenance Limited |
For the year ended 31 March 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07673550
TMGS Grounds Maintenance Limited
For the year ended 31 March 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
TMGS Grounds Maintenance Limited
Accountants' Report
For the year ended 31 March 2014
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
| ended 31 March 2014 and you consider that the company is exempt from an audit under the Companies Act 2006. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
| to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Figures Accountancy Services
Miss J S Belcher ACPA
Figures House
24 Brighton Road
Salfords
Surrey
RH1 5BX
08 July 2014
1 of 4
| Abbreviated Balance Sheet |
TMGS Grounds Maintenance Limited
2014
2013
2
36,047
24,035
36,047
24,035
29,121
54,458
16,032
18,260
70,490
47,381
| Creditors: amounts falling due within one year |
(21,400)
(35,783)
25,981
34,707
Net current assets
| Total assets less current liabilities |
70,754
50,016
| Creditors: amounts falling due after more than one year |
(32,188)
(32,515)
38,239
Net assets
17,828
2
3
2
38,237
17,826
38,239
17,828
Shareholders funds
| For the year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, |
| 2) 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 in accordance with the provisions applicable to companies subject to the small companies regime. |
| Date approved by the board: 08 July 2014 |
| Mr Christopher Gordon Ollive Director |
| Signed on behalf of the board of directors |
2 of 4
| Notes to the Abbreviated Financial Statements |
TMGS Grounds Maintenance Limited
For the year ended 31 March 2014
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
| by the shareholders prior to the balance sheet date. |
| Tangible fixed assets, other than freehold land, 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: |
Plant and Machinery
Computer Equipment
Motor Vehicles
38,439
23,679
62,118
14,404
11,667
Charge for year
26,071
36,047
24,035
3 of 4
| Notes to the Abbreviated Financial Statements |
TMGS Grounds Maintenance Limited
For the year ended 31 March 2014
| Allotted called up and fully paid |
2014
2013
| 2 Class A shares of £1.00 each |
2
2
2
2
4 of 4