Company Registration No. NI615202 (Northern Ireland)
We are Tiger Tots Limited
Unaudited accounts
for the year ended 31 October 2024
We are Tiger Tots Limited
Unaudited accounts
Contents
We are Tiger Tots Limited
Company Information
for the year ended 31 October 2024
Company Number
NI615202 (Northern Ireland)
Registered Office
122 Bangor Road
Holywood
County Down
BT18 0ES
Accountants
PGR Chartered Accountants
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
Antrim
BT3 9DE
We are Tiger Tots Limited
Statement of financial position
as at 31 October 2024
Tangible assets
377,189
380,706
Cash at bank and in hand
171,113
148,373
Creditors: amounts falling due within one year
(69,170)
(72,956)
Net current assets
101,943
75,417
Total assets less current liabilities
479,132
456,123
Creditors: amounts falling due after more than one year
(84,599)
(106,068)
Net assets
394,533
350,055
Called up share capital
100
100
Revaluation reserve
88,005
88,005
Profit and loss account
306,428
261,950
Shareholders' funds
394,533
350,055
For the year ending 31 October 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 her 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 and authorised for issue on 16 April 2025 and were signed on its behalf by
Adele Moore
Director
Company Registration No. NI615202
We are Tiger Tots Limited
Notes to the Accounts
for the year ended 31 October 2024
We are Tiger Tots Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI615202. The registered office is 122 Bangor Road, Holywood, County Down , BT18 0ES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The director believes that the company We are Tiger Tots Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Revenue from a contract to provide childcare services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the company will receive the consideration due under the contract; the stage of completion of the contract can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment except for Land and Buildings which are included at valuation. Land and Buildings are revalued annually. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Capital grants received and receivable are treated as deferred income and amortised to the Income Statement annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Income Statement when received.
We are Tiger Tots Limited
Notes to the Accounts
for the year ended 31 October 2024
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
341,335
67,994
2,522
411,851
Additions
-
9,992
1,629
11,621
At 31 October 2024
341,335
77,986
4,151
423,472
At 1 November 2023
-
29,813
1,332
31,145
Charge for the year
-
14,335
803
15,138
At 31 October 2024
-
44,148
2,135
46,283
At 31 October 2024
341,335
33,838
2,016
377,189
At 31 October 2023
341,335
38,181
1,190
380,706
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
20,327
22,523
Taxes and social security
35,705
38,611
Loans from directors
50
9,722
6
Creditors: amounts falling due after more than one year
2024
2023
Security on the bank loan is provided by way of fixed and floating charge.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 15 (2023: 15).