Company Registration No. NI602264 (Northern Ireland)
TIG 006 Limited
Unaudited accounts
for the year ended 29 February 2024
TIG 006 Limited
Unaudited accounts
Contents
TIG 006 Limited
Company Information
for the year ended 29 February 2024
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
TIG 006 Limited
Statement of financial position
as at 29 February 2024
Tangible assets
30,964
24,558
Inventories
220,505
206,157
Cash at bank and in hand
35,033
101,970
Creditors: amounts falling due within one year
(34,268)
(5,501)
Net current assets
235,486
318,533
Total assets less current liabilities
266,450
343,091
Creditors: amounts falling due after more than one year
(16,012)
(48,011)
Net assets
250,438
295,080
Called up share capital
1
1
Profit and loss account
250,437
295,079
Shareholders' funds
250,438
295,080
For the year ending 29 February 2024 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 August 2024 and were signed on its behalf by
Paul Campbell
Director
Company Registration No. NI602264
TIG 006 Limited
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Fixtures & fittings
At 29 February 2024
110,172
At 29 February 2024
79,208
At 29 February 2024
30,964
At 28 February 2023
24,558
TIG 006 Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
2,422
2,522
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,747
9,102
Trade creditors
12,462
1,890
Amounts owed to group undertakings and other participating interests
586
520
Taxes and social security
6,123
(6,011)
Loans from directors
6,350
-
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
23,607
8
Average number of employees
During the year the average number of employees was 11 (2023: 11).