Registered number
03389961
Tiger Computing Ltd
Unaudited Filleted Accounts
30 June 2024
Tiger Computing Ltd
Registered number: 03389961
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 529 808
Current assets
Debtors 4 74,434 82,267
Cash at bank and in hand 86,052 99,416
160,486 181,683
Creditors: amounts falling due within one year 5 (122,860) (133,081)
Net current assets 37,626 48,602
Total assets less current liabilities 38,155 49,410
Provisions for liabilities (127) (153)
Net assets 38,028 49,257
Capital and reserves
Called up share capital 100 100
Profit and loss account 37,928 49,157
Shareholders' funds 38,028 49,257
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Keith Edmunds
Director
Approved by the board on 17 October 2024
Tiger Computing Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 50% straight line
Fixtures, fittings, tools and equipment 50% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 9 9
3 Tangible fixed assets
Plant and machinery etc Fixtures and fittings Total
£ £ £
Cost
At 1 July 2023 28,817 1,344 30,161
Additions 1,059 - 1,059
At 30 June 2024 29,876 1,344 31,220
Depreciation
At 1 July 2023 28,009 1,344 29,353
Charge for the year 1,338 - 1,338
At 30 June 2024 29,347 1,344 30,691
Net book value
At 30 June 2024 529 - 529
At 30 June 2023 808 - 808
4 Debtors 2024 2023
£ £
Trade debtors 67,387 60,975
Overdrawn directors loan accounts - 15,739
Other debtors 7,047 5,553
74,434 82,267
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 589 573
Trade creditors 2,801 20,842
Taxation and social security costs 73,825 75,414
Other creditors 45,645 36,252
122,860 133,081
6 Related party transactions
None noted.
7 Transactions with directors
During the year both directors used a current account with the company to record amounts due to them and amounts drawn by them.

As at 30th June 2024 the account showed an amount of £949.17 owed back to Keith Edmunds as director. As at 30th June 2024 the account showed an amount of £3,936.00 owed back to Cecilia Lindberg as director. The amounts are repayable on demand and carry interest.

As at 30th June 2023 the account used by Keith Edmunds was overdrawn by £9,362.83 (2022: £2,174.83). As at 30th June 2023 the account used by Cecilia Lindberg was overdrawn by £6,376.00 (2022: £2,188.00). The amounts were repaid in full via a dividend declared after the 2023 yearend.
8 Controlling party
Mr Keith Edmunds and Dr Anna Cecilia Lindberg together hold 100% of the share capital of the company. Therefore together they are the company's ultimate controlling party.
9 Other information
Tiger Computing Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:
Woodlands
Staunton
Coleford
GL16 8NU
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