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REGISTERED NUMBER: SC753232 (Scotland)




















Tiger Belly Developments Ltd

Unaudited Financial Statements

for the Year Ended 28 February 2025






Tiger Belly Developments Ltd (Registered number: SC753232)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tiger Belly Developments Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTORS: G T Ford
Ms M Hashem



REGISTERED OFFICE: Unit 22 Mid Road Industrial Estate
Mid Road
Prestonpans
EH32 9ER



REGISTERED NUMBER: SC753232 (Scotland)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: The Royal Bank of Scotland
142 - 144 Princes Street
Edinburgh
EH2 4EQ

Tiger Belly Developments Ltd (Registered number: SC753232)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,477 -

CURRENT ASSETS
Stocks 1,687 -
Debtors 5 5,254 1,241
Cash at bank 13,470 13,734
20,411 14,975
CREDITORS
Amounts falling due within one year 6 6,449 12,300
NET CURRENT ASSETS 13,962 2,675
TOTAL ASSETS LESS CURRENT LIABILITIES 23,439 2,675

PROVISIONS FOR LIABILITIES 1,801 -
NET ASSETS 21,638 2,675

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 21,538 2,575
21,638 2,675

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Tiger Belly Developments Ltd (Registered number: SC753232)

Balance Sheet - continued
28 February 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2025 and were signed on its behalf by:





G T Ford - Director


Tiger Belly Developments Ltd (Registered number: SC753232)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Tiger Belly Developments Ltd is a private company, limited by shares , registered in Scotland. 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
The company acted in an agency capacity, and therefore only fees excluding Value Added Tax are recognised as income. This trade ceased in June 2024.

Turnover represents net invoiced sales of bakery products, excluding value added tax. Turnover is recognised when the products are supplied to the customer.

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 - 10% on cost

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

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Tiger Belly Developments Ltd (Registered number: SC753232)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

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.

Provisions
Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 10,530
At 28 February 2025 10,530
DEPRECIATION
Charge for year 1,053
At 28 February 2025 1,053
NET BOOK VALUE
At 28 February 2025 9,477

Tiger Belly Developments Ltd (Registered number: SC753232)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 5,146 -
Other debtors 108 1,241
5,254 1,241

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 2,212 3,300
Taxation and social security 3,137 604
Other creditors 1,100 8,396
6,449 12,300

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 28 February 2025 and the period ended 29 February 2024:

2025 2024
£    £   
G T Ford
Balance outstanding at start of year 50 -
Amounts advanced 5,438 50
Amounts repaid (5,438 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50 50

Ms M Hashem
Balance outstanding at start of year 50 -
Amounts advanced 5,438 50
Amounts repaid (5,438 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50 50

The directors' current accounts are unsecured, interest free and will be repaid in full by 30
November 2025.