1 June 2023 false No description of principal activity Taxfiler 2024.6 SC476667business:PrivateLimitedCompanyLtd2023-06-012024-05-31 SC4766672023-05-31 SC4766672023-06-012024-05-31 SC476667business:AuditExemptWithAccountantsReport2023-06-012024-05-31 SC476667business:AbridgedAccounts2023-06-012024-05-31 SC4766672024-05-31 SC476667business:Director12023-06-012024-05-31 SC476667business:RegisteredOffice2023-06-012024-05-31 SC476667core:WithinOneYear2024-05-31 SC476667core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC476667core:RevaluationReservecore:PreviouslyStatedAmount2024-05-31 SC476667core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-05-31 SC476667core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC476667core:PreviouslyStatedAmount2024-05-31 SC476667business:SmallEntities2023-06-012024-05-31 SC476667countries:Scotland2023-06-012024-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC476667 (Scotland)
TENGUNS LIMITED Unaudited accounts for the year ended 31 May 2024
TENGUNS LIMITED Unaudited accounts Contents
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TENGUNS LIMITED Company Information for the year ended 31 May 2024
Director
Philip John NUGENT
Company Number
SC476667 (Scotland)
Registered Office
144a Ferry Road Edinburgh Midlothian EH6 4NX Scotland
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TENGUNS LIMITED Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
1,834,234 
Current assets
Debtors
278,700 
Cash at bank and in hand
9,113 
287,813 
Creditors: amounts falling due within one year
(1,508,212)
Net current liabilities
(1,220,399)
Total assets less current liabilities
613,835 
Provisions for liabilities
Deferred tax
(65,755)
Net assets
548,080 
Capital and reserves
Called up share capital
1 
Revaluation reserve
280,323 
Capital redemption reserve
241,282 
Profit and loss account
26,474 
Shareholders' funds
548,080 
For the year ending 31 May 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 3 February 2025 and were signed on its behalf by
Philip John NUGENT Director Company Registration No. SC476667
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TENGUNS LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
TENGUNS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC476667. The registered office is 144a Ferry Road, Edinburgh, Midlothian, EH6 4NX, Scotland.
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
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
1,836,499 
At 31 May 2024
1,836,499 
Depreciation
At 1 June 2023
2,265 
At 31 May 2024
2,265 
Net book value
At 31 May 2024
1,834,234 
5
Average number of employees
During the year the average number of employees was 0.
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