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REGISTERED NUMBER: 14864687 (England and Wales)
















Unaudited Financial Statements

for the Period 12th May 2023 to 31st May 2024

for

Tribal Knowledge Group Limited

Tribal Knowledge Group Limited (Registered number: 14864687)






Contents of the Financial Statements
for the Period 12th May 2023 to 31st May 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

Tribal Knowledge Group Limited

Company Information
for the Period 12th May 2023 to 31st May 2024







DIRECTOR: C Muscroft





REGISTERED OFFICE: Unit 8
Shepcote Office Village
Shepcote Lane
Sheffield
S9 1TG





REGISTERED NUMBER: 14864687 (England and Wales)





ACCOUNTANTS: Shorts Chartered Accountants
Cedar House
63 Napier Street
Sheffield
S11 8HA

Tribal Knowledge Group Limited (Registered number: 14864687)

Statement of Financial Position
31st May 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 3,457

CURRENT ASSETS
Debtors 5 12,500
Cash at bank 22,973
35,473
CREDITORS
Amounts falling due within one year 6 21,905
NET CURRENT ASSETS 13,568
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,025

PROVISIONS FOR LIABILITIES 864
NET ASSETS 16,161

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings 16,061
SHAREHOLDERS' FUNDS 16,161

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

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

The director acknowledges his 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.

Tribal Knowledge Group Limited (Registered number: 14864687)

Statement of Financial Position - 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th January 2025 and were signed by:





C Muscroft - Director


Tribal Knowledge Group Limited (Registered number: 14864687)

Notes to the Financial Statements
for the Period 12th May 2023 to 31st May 2024

1. STATUTORY INFORMATION

Tribal Knowledge Group Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Computer equipment - 33% on cost

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in the statement of comprehensive income.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in the statement of comprehensive income.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Tribal Knowledge Group Limited (Registered number: 14864687)

Notes to the Financial Statements - continued
for the Period 12th May 2023 to 31st May 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all of its financial Instruments.
Financial Instruments are recognised in the company's balance sheet when it becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 4,469
At 31st May 2024 4,469
DEPRECIATION
Charge for period 1,012
At 31st May 2024 1,012
NET BOOK VALUE
At 31st May 2024 3,457

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 12,240
Other debtors 260
12,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 20,405
Other creditors 1,500
21,905

Tribal Knowledge Group Limited (Registered number: 14864687)

Notes to the Financial Statements - continued
for the Period 12th May 2023 to 31st May 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

8. RELATED PARTY DISCLOSURES

During the period, total dividends of £42,027 were paid to the director .

Tribal Knowledge Group Limited

Report of the Accountants to the Director of
Tribal Knowledge Group Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the period ended 31st May 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Shorts Chartered Accountants
Cedar House
63 Napier Street
Sheffield
S11 8HA


10th January 2025