1 March 2023 false No description of principal activity Taxfiler 2024.6 NI602264business:PrivateLimitedCompanyLtd2023-03-012024-02-29 NI6022642023-02-28 NI6022642023-03-012024-02-29 NI602264business:AuditExemptWithAccountantsReport2023-03-012024-02-29 NI602264business:FilletedAccounts2023-03-012024-02-29 NI6022642024-02-29 NI602264business:Director12023-03-012024-02-29 NI602264business:RegisteredOffice2023-03-012024-02-29 NI6022642023-02-28 NI602264core:WithinOneYear2024-02-29 NI602264core:WithinOneYear2023-02-28 NI602264core:AfterOneYear2024-02-29 NI602264core:AfterOneYear2023-02-28 NI602264core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 NI602264core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 NI602264core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 NI602264core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 NI602264core:PreviouslyStatedAmount2024-02-29 NI602264core:PreviouslyStatedAmount2023-02-28 NI602264business:SmallEntities2023-03-012024-02-29 NI602264countries:NorthernIreland2023-03-012024-02-29 NI602264core:PlantMachinery2023-03-012024-02-29 NI602264core:FurnitureFittings2023-02-28 NI602264core:FurnitureFittings2023-03-012024-02-29 NI602264core:FurnitureFittings2024-02-29 NI6022642022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. NI602264 (Northern Ireland)
TIG 006 Limited Unaudited accounts for the year ended 29 February 2024
TIG 006 Limited Unaudited accounts Contents
Page
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TIG 006 Limited Company Information for the year ended 29 February 2024
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 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,964 
24,558 
Current assets
Inventories
220,505 
206,157 
Debtors
14,216 
15,907 
Cash at bank and in hand
35,033 
101,970 
269,754 
324,034 
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 
Capital and reserves
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
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TIG 006 Limited Notes to the Accounts for the year ended 29 February 2024
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 2023
106,227 
Additions
20,870 
Disposals
(16,925)
At 29 February 2024
110,172 
Depreciation
At 1 March 2023
81,669 
Charge for the year
7,126 
On disposals
(9,587)
At 29 February 2024
79,208 
Net book value
At 29 February 2024
30,964 
At 28 February 2023
24,558 
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TIG 006 Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
2,422 
2,522 
Other debtors
9,655 
9,655 
12,077 
12,177 
Amounts falling due after more than one year
Trade debtors
2,139 
3,730 
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 
- 
34,268 
5,501 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,022 
23,414 
Taxes and social security
- 
23,607 
Accruals
990 
990 
16,012 
48,011 
8
Average number of employees
During the year the average number of employees was 11 (2023: 11).
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