2016-04-01 07673550 2017-03-31 07673550 2016-04-01 2017-03-31 07673550 2016-03-31 07673550 2015-04-01 2016-03-31 07673550 uk-core:WithinOneYear 2016-03-31 07673550 uk-core:WithinOneYear 2017-03-31 07673550 uk-core:AfterOneYear 2016-03-31 07673550 uk-core:AfterOneYear 2017-03-31 07673550 uk-core:ShareCapital 2017-03-31 07673550 uk-core:ShareCapital 2016-03-31 07673550 uk-core:RevaluationReserve 2017-03-31 07673550 uk-core:RevaluationReserve 2016-03-31 07673550 uk-core:RetainedEarningsAccumulatedLosses 2017-03-31 07673550 uk-core:RetainedEarningsAccumulatedLosses 2016-03-31 07673550 uk-bus:Director1 2016-04-01 2017-03-31 07673550 uk-core:PlantMachinery 2016-04-01 2017-03-31 07673550 uk-core:ToolsEquipment 2016-04-01 2017-03-31 07673550 uk-core:CommercialMotorVehicles 2016-04-01 2017-03-31 07673550 uk-core:ToolsEquipment 2016-03-31 07673550 uk-core:CommercialMotorVehicles 2016-03-31 07673550 uk-core:PlantMachinery 2016-03-31 07673550 uk-core:PlantMachinery 2017-03-31 07673550 uk-core:CommercialMotorVehicles 2017-03-31 07673550 uk-core:ToolsEquipment 2017-03-31 iso4217:GBP 07673550 uk-bus:AuditExemptWithAccountantsReport 2016-04-01 2017-03-31 07673550 uk-bus:FRS102 2016-04-01 2017-03-31 07673550 uk-bus:FullAccounts 2016-04-01 2017-03-31 07673550 uk-bus:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31
TMGS Grounds Maintenance Limited
Registered Number:07673550
For the year ended 31 March 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2017
TMGS Grounds Maintenance Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 31 March 2017
TMGS Grounds Maintenance Limited
Statement of Financial Position
Registered Number :
07673550
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
27,860
29,378
2
27,860
29,378
Current assets
Trade and other receivables
37,530
33,434
3
29,371
Cash and cash equivalents
29,813
63,247
66,901
Trade and other payables: amounts falling due within one
year
(42,618)
(24,496)
4
24,283
38,751
Net current assets
Total assets less current liabilities
66,611
53,661
Trade and other payables: amounts falling due after more
than one year
(18,679)
(24,938)
5
41,673
Net assets
34,982
Capital and reserves
Called up share capital
2
2
Revaluation reserve
10,000
-
6
Retained earnings
31,671
34,980
41,673
34,982
Shareholders' funds
For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
Mr Christopher Gordon Ollive Director
These financial statements were approved and authorised for issue by the Board on 06 July 2017 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 March 2017
TMGS Grounds Maintenance Limited
Notes to the Financial Statements
Statutory Information
TMGS Grounds Maintenance Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07673550.
Principal place of business:
7 Old Redstone Drive
Redhill
Surrey
RH1 4DA
Registered address:
Figures House
24 Brighton Road
Salfords
Surrey
RH1 5BX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
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
20 Straight line
20 Straight line
Computer equipment
25 Reducing balance
Motor vehicles
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 31 March 2017
TMGS Grounds Maintenance Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 April 2016
83,754
1,818
38,487
43,449
11,245
-
-
11,245
Additions
At 31 March 2017
54,694
38,487
1,818
94,999
Provision for depreciation and impairment
At 01 April 2016
54,376
1,307
24,303
28,766
Charge for year
12,763
203
3,546
9,014
At 31 March 2017
67,139
1,510
27,849
37,780
At 31 March 2017
Net book value
16,914
10,638
308
27,860
At 31 March 2016
14,683
14,184
511
29,378
3. Trade and other receivables
2016
2017
£
£
Trade debtors
33,434
37,530
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
-
1,091
Taxation and social security
24,496
31,527
Other creditors
-
10,000
24,496
42,618
5. Trade and other payables: amounts falling due after more than one year
2016
2017
£
£
Other creditors
24,938
18,679
3 of 4
6
For the year ended 31 March 2017
TMGS Grounds Maintenance Limited
Notes to the Financial Statements Continued
6. Reserves
Total
£
Revaluation reserve at 01 April 2016
-
Investments written off/revalued
10,000
10,000
Revaluation reserve at 31 March 2017
4 of 4