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Company Registration No. 10763434 (England and Wales)
TEEGEE Digital Limited Unaudited accounts for the year ended 31 May 2024
TEEGEE Digital Limited Unaudited accounts Contents
Page
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TEEGEE Digital Limited Company Information for the year ended 31 May 2024
Directors
Gareth Arya Tracy Arya
Company Number
10763434 (England and Wales)
Registered Office
19 HOUGH LANE LEYLAND PR25 2SB ENGLAND
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TEEGEE Digital Limited Accountants' report
Accountants' report to the board of directors of TEEGEE Digital Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of TEEGEE Digital Limited for the year ended 31 May 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of TEEGEE Digital Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of TEEGEE Digital Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TEEGEE Digital Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that TEEGEE Digital Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of TEEGEE Digital Limited. You consider that TEEGEE Digital Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of TEEGEE Digital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
10 February 2025
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TEEGEE Digital Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,983 
12,983 
Investments
110,610 
- 
123,593 
12,983 
Current assets
Debtors
9,552 
61,231 
Cash at bank and in hand
273 
25,373 
9,825 
86,604 
Creditors: amounts falling due within one year
(130,886)
(13,064)
Net current (liabilities)/assets
(121,061)
73,540 
Total assets less current liabilities
2,532 
86,523 
Creditors: amounts falling due after more than one year
16,911 
(108,846)
Net assets/(liabilities)
19,443 
(22,323)
Capital and reserves
Profit and loss account
19,443 
(22,323)
Shareholders' funds
19,443 
(22,323)
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 directors acknowledge their 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 of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by
Gareth Arya Director Company Registration No. 10763434
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TEEGEE Digital Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
TEEGEE Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 10763434. The registered office is 19 HOUGH LANE, LEYLAND, PR25 2SB, ENGLAND.
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:
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
9,282 
15,749 
25,031 
At 31 May 2024
9,282 
15,749 
25,031 
Depreciation
At 1 June 2023
2,943 
9,105 
12,048 
At 31 May 2024
2,943 
9,105 
12,048 
Net book value
At 31 May 2024
6,339 
6,644 
12,983 
At 31 May 2023
6,339 
6,644 
12,983 
5
Investments
Subsidiary undertakings 
Other investments 
Total 
£ 
£ 
£ 
Valuation at 1 June 2023
- 
- 
- 
Additions
86,600 
24,010 
110,610 
Valuation at 31 May 2024
86,600 
24,010 
110,610 
The company has an outstanding intercompany loan of £86,600 to its wholly-owned subsidiary, at a fixed interest rate of 5% with a maturity date of May 31, 2028. The loan is considered to be fully collectible based on the subsidiary's financial condition
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TEEGEE Digital Limited Notes to the Accounts for the year ended 31 May 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,552 
27,963 
Other debtors
- 
33,268 
9,552 
61,231 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
123,975 
- 
Trade creditors
228 
- 
Taxes and social security
5,924 
13,064 
Other creditors
759 
- 
130,886 
13,064 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
108,846 
Loans from directors
(16,911)
- 
(16,911)
108,846 
9
Average number of employees
During the year the average number of employees was 4 (2023: 6).
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