1 June 2022 false No description of principal activity Taxfiler 2023.9 10763434 business:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 10763434 2022-05-31 10763434 2022-06-01 2023-05-31 10763434 business:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 10763434 business:FilletedAccounts 2022-06-01 2023-05-31 10763434 2023-05-31 10763434 business:Director1 2022-06-01 2023-05-31 10763434 business:Director2 2022-06-01 2023-05-31 10763434 business:RegisteredOffice 2022-06-01 2023-05-31 10763434 2022-05-31 10763434 core:WithinOneYear 2023-05-31 10763434 core:WithinOneYear 2022-05-31 10763434 core:AfterOneYear 2023-05-31 10763434 core:AfterOneYear 2022-05-31 10763434 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-05-31 10763434 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2022-05-31 10763434 core:PreviouslyStatedAmount 2023-05-31 10763434 core:PreviouslyStatedAmount 2022-05-31 10763434 business:SmallEntities 2022-06-01 2023-05-31 10763434 countries:EnglandWales 2022-06-01 2023-05-31 10763434 core:LandBuildings 2022-05-31 10763434 core:ComputerEquipment 2022-05-31 10763434 core:LandBuildings 2023-05-31 10763434 core:ComputerEquipment 2023-05-31 10763434 core:LandBuildings 2022-06-01 2023-05-31 10763434 core:ComputerEquipment 2022-06-01 2023-05-31 10763434 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 10763434 (England and Wales)
TEEGEE Digital Limited Unaudited accounts for the year ended 31 May 2023
TEEGEE Digital Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
TEEGEE Digital Limited Company Information for the year ended 31 May 2023
Directors
Gareth Arya Tracy Arya
Company Number
10763434 (England and Wales)
Registered Office
19 HOUGH LANE LEYLAND PR25 2SB ENGLAND
- 3 -
TEEGEE Digital Limited Accountants' report
Accountants' report to the board of directors of TEEGEE Digital Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of TEEGEE Digital Limited for the year ended 31 May 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of TEEGEE Digital Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of TEEGEE Digital Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TEEGEE Digital Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that TEEGEE Digital Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of TEEGEE Digital Limited. You consider that TEEGEE Digital Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of TEEGEE Digital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
25 September 2023
- 4 -
TEEGEE Digital Limited Statement of financial position as at 31 May 2023
2023
2022
Notes
£
£
Fixed assets
Tangible assets
4
12,983
16,175
Current assets
Debtors
5
61,231
40,151
Cash at bank and in hand
25,373
21,908
86,604
62,059
Creditors: amounts falling due within one year
6
(13,064)
(106,129)
Net current assets/(liabilities)
73,540
(44,070)
Total assets less current liabilities
86,523
(27,895)
Creditors: amounts falling due after more than one year
7
(108,846)
(11,807)
Net liabilities
(22,323)
(39,702)
Capital and reserves
Profit and loss account
(22,323)
(39,702)
Shareholders' funds
(22,323)
(39,702)
For the year ending 31 May 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by
Gareth Arya Director Company Registration No. 10763434
- 5 -
TEEGEE Digital Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
TEEGEE Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 10763434. The registered office is 19 HOUGH LANE, LEYLAND, PR25 2SB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2022
9,282
15,749
25,031
At 31 May 2023
9,282
15,749
25,031
Depreciation
At 1 June 2022
1,966
6,890
8,856
Charge for the year
977
2,215
3,192
At 31 May 2023
2,943
9,105
12,048
Net book value
At 31 May 2023
6,339
6,644
12,983
At 31 May 2022
7,316
8,859
16,175
5
Debtors
2023
2022
£
£
Amounts falling due within one year
Trade debtors
27,963
22,349
Other debtors
33,268
17,802
61,231
40,151
- 6 -
TEEGEE Digital Limited Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
-
1,244
VAT
-
85,899
Taxes and social security
13,064
31,134
Loans from directors
-
(12,148)
13,064
106,129
7
Creditors: amounts falling due after more than one year
2023
2022
£
£
Other creditors
-
11,807
Taxes and social security
108,846
-
108,846
11,807
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
- 7 -