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Registration number: 10113323

Teigger Investments Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2023

 

Teigger Investments Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Teigger Investments Limited

Company Information

Director

Mr A Trow

Registered office

Unit 7 Britannia Way
Britannia Business Park
Malvern
Worcestershire
WR14 1GZ

Accountants

Ballards LLP
Chartered Accountants
Oakmoore Court
11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

 

Teigger Investments Limited

(Registration number: 10113323)
Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Fixed assets

 

Other financial assets

4

100

100

Current assets

 

Debtors

5

100

100

Cash at bank and in hand

 

1,110

2,584

 

1,210

2,684

Creditors: Amounts falling due within one year

6

(8,816)

(8,764)

Net current liabilities

 

(7,606)

(6,080)

Net liabilities

 

(7,506)

(5,980)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(7,606)

(6,080)

Shareholders' deficit

 

(7,506)

(5,980)

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 October 2023
 

.........................................
Mr A Trow
Director

   
 

Teigger Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Unit 7 Britannia Way
Britannia Business Park
Malvern
Worcestershire
WR14 1GZ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

These financial statements for the period ended 30 April 2017 are the first financial statements that comply with FRS102.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Teigger Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 May 2022

100

100

At 30 April 2023

100

100

Impairment

Carrying amount

At 30 April 2023

100

100

 

Teigger Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023

5

Debtors

2023
£

2022
£

Other debtors

100

100

6

Creditors

2023
£

2022
£

Due within one year

 

Trade creditors

 

3,116

3,074

Amounts owed to related parties

5,000

5,000

Other creditors

 

700

690

 

8,816

8,764