TOG 24 LIMITED

1. TOG 24 LIMITED 2008-01-07 → present
2. ROLCO 282 LIMITED 2007-07-26 → 2008-01-07

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existance for the foreseeable future. On this basis, and having considered all available information, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. TOG 24 LIMITED · parent
   1. Mileta Sports Limited 100% · United Kingdom · Merchandising and retailing of footwear, accessories and outdoor wear
   2. GSL Sportswear Limited 100% · United Kingdom · Dormant

Significant events

• “The Group has performed satisfactorily during a challenging year. The online turnover has increased markedly once again, continuing the trend seen in recent years.”
• “The Group's cash flow risks arising from foreign currency transactions are mitigated by the use of forward contracts in order to reduce exposure by fixing the majority of future transactions at a specified rate.”
• “The main risk to the Group is an adverse movement in the US dollar against the British pound. Movements in this exchange rate caused some challenges during the year.”
• “The Group anticipates further increases in its online productivity and sales, both from existing and new markets.”
• “The correction of stock valuation error has resulted in, for the period ending 30 June 2024, an increase in opening stock of £302,639 and decrease of closing stock of £270,022. This had a corresponding increase in cost of sales of £572,661 and a decrease in profit for the period ending 30 June 2024 of £572,661. An adjustment to opening retained earnings and opening stock as at 1 July 2024 has been made for £572,661.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -1%

  £35,521,284 → £35,153,524

• Cash

  -63.7%

  £1,733,206 → £628,776

• Net assets

  -8.2%

  £7,627,817 → £7,002,178

• Employees

  0%

  297 → 297

• Operating profit

  +1,771%

  -£21,641 → £361,617

• Profit before tax

  -241.1%

  -£170,758 → -£582,441

• Wages

  +8.3%

  £5,680,382 → £6,149,735

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers