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REGISTERED NUMBER: 11724802 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024

FOR

TIDDLERS & NIPPERS LTD

TIDDLERS & NIPPERS LTD (REGISTERED NUMBER: 11724802)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TIDDLERS & NIPPERS LTD

COMPANY INFORMATION
for the Year Ended 31st May 2024







DIRECTORS: Mrs K Lovell
D A Lovell





REGISTERED OFFICE: Unit 8, Orchard Business Park
Hortonwood 40
Telford
Shropshire
TF1 7EY





REGISTERED NUMBER: 11724802 (England and Wales)





ACCOUNTANTS: D E Ball & Co Limited
Chartered Accountants
15 Bridge Road
Wellington
Telford
Shropshire
TF1 1EB

TIDDLERS & NIPPERS LTD (REGISTERED NUMBER: 11724802)

BALANCE SHEET
31st May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,129 2,446

CURRENT ASSETS
Stocks 48,828 31,933
Debtors 5 24,561 23,520
Cash at bank 167,192 86,762
240,581 142,215
CREDITORS
Amounts falling due within one year 6 84,512 107,776
NET CURRENT ASSETS 156,069 34,439
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,198

36,885

PROVISIONS FOR LIABILITIES 2,400 585
NET ASSETS 162,798 36,300

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 162,796 36,298
SHAREHOLDERS' FUNDS 162,798 36,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TIDDLERS & NIPPERS LTD (REGISTERED NUMBER: 11724802)

BALANCE SHEET - continued
31st May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th January 2025 and were signed on its behalf by:





Mrs K Lovell - Director


TIDDLERS & NIPPERS LTD (REGISTERED NUMBER: 11724802)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st May 2024

1. STATUTORY INFORMATION

Tiddlers & Nippers Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TIDDLERS & NIPPERS LTD (REGISTERED NUMBER: 11724802)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2023 4,225
Additions 8,210
At 31st May 2024 12,435
DEPRECIATION
At 1st June 2023 1,779
Charge for year 1,527
At 31st May 2024 3,306
NET BOOK VALUE
At 31st May 2024 9,129
At 31st May 2023 2,446

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 9,905 23,325
Other debtors 14,656 195
24,561 23,520

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 11,900 12,673
Taxation and social security 66,545 36,237
Other creditors 6,067 58,866
84,512 107,776

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2