1 March 2022 false No description of principal activity Taxfiler 2023.9 NI602264business:PrivateLimitedCompanyLtd2022-03-012023-02-28 NI6022642022-02-28 NI6022642022-03-012023-02-28 NI602264business:AuditExemptWithAccountantsReport2022-03-012023-02-28 NI602264business:FilletedAccounts2022-03-012023-02-28 NI6022642023-02-28 NI602264business:Director12022-03-012023-02-28 NI602264business:RegisteredOffice2022-03-012023-02-28 NI6022642022-02-28 NI602264core:WithinOneYear2023-02-28 NI602264core:WithinOneYear2022-02-28 NI602264core:AfterOneYear2023-02-28 NI602264core:AfterOneYear2022-02-28 NI602264core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 NI602264core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 NI602264core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 NI602264core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 NI602264core:PreviouslyStatedAmount2023-02-28 NI602264core:PreviouslyStatedAmount2022-02-28 NI602264business:SmallEntities2022-03-012023-02-28 NI602264countries:NorthernIreland2022-03-012023-02-28 NI602264core:PlantMachinery2022-03-012023-02-28 NI602264core:FurnitureFittings2022-02-28 NI602264core:FurnitureFittings2023-02-28 NI602264core:FurnitureFittings2022-03-012023-02-28 NI6022642021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. NI602264 (Northern Ireland)
TIG 006 Limited Unaudited accounts for the year ended 28 February 2023
TIG 006 Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TIG 006 Limited Company Information for the year ended 28 February 2023
Director
Paul Campbell
Company Number
NI602264 (Northern Ireland)
Registered Office
47 Castle Road Cookstown Co Tyrone BT80 8TN
Accountants
Beech Accounting Ltd 185 Magheralane Road Randalstown Antrim BT41 2PH
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TIG 006 Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
24,558 
32,744 
Current assets
Inventories
206,157 
216,370 
Debtors
5
15,907 
12,177 
Cash at bank and in hand
101,970 
145,298 
324,034 
373,845 
Creditors: amounts falling due within one year
6
(5,501)
(11,703)
Net current assets
318,533 
362,142 
Total assets less current liabilities
343,091 
394,886 
Creditors: amounts falling due after more than one year
7
(48,011)
(64,427)
Net assets
295,080 
330,459 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
295,079 
330,458 
Shareholders' funds
295,080 
330,459 
For the year ending 28 February 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 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 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 and authorised for issue on 31 May 2023 and were signed on its behalf by
Paul Campbell Director Company Registration No. NI602264
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TIG 006 Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
TIG 006 Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI602264. The registered office is 47 Castle Road, Cookstown, Co Tyrone, BT80 8TN.
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:
Plant & machinery
25%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2022
106,227 
At 28 February 2023
106,227 
Depreciation
At 1 March 2022
73,483 
Charge for the year
8,186 
At 28 February 2023
81,669 
Net book value
At 28 February 2023
24,558 
At 28 February 2022
32,744 
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TIG 006 Limited Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
2,522 
2,522 
Other debtors
9,655 
9,655 
12,177 
12,177 
Amounts falling due after more than one year
Trade debtors
3,730 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,102 
- 
Trade creditors
1,890 
5,172 
Amounts owed to group undertakings and other participating interests
520 
520 
Taxes and social security
(6,011)
6,011 
5,501 
11,703 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
23,414 
41,618 
Taxes and social security
23,607 
21,819 
Accruals
990 
990 
48,011 
64,427 
8
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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