Tiger II Limited 08642049 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is sale of military antiques and memorabilia. Digita Accounts Production Advanced 6.30.9574.0 true 08642049 2023-09-01 2024-08-31 08642049 2024-08-31 08642049 bus:Director1 1 2024-08-31 08642049 bus:Director2 1 2024-08-31 08642049 bus:OrdinaryShareClass1 bus:OtherShareType 2024-08-31 08642049 core:RetainedEarningsAccumulatedLosses 2024-08-31 08642049 core:ShareCapital 2024-08-31 08642049 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2024-08-31 08642049 core:CurrentFinancialInstruments 2024-08-31 08642049 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 08642049 core:Non-currentFinancialInstruments 2024-08-31 08642049 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 08642049 core:FurnitureFittings 2024-08-31 08642049 core:LandBuildings core:OwnedOrFreeholdAssets 2024-08-31 08642049 bus:SmallEntities 2023-09-01 2024-08-31 08642049 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08642049 bus:FilletedAccounts 2023-09-01 2024-08-31 08642049 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08642049 bus:RegisteredOffice 2023-09-01 2024-08-31 08642049 bus:Director1 2023-09-01 2024-08-31 08642049 bus:Director1 1 2023-09-01 2024-08-31 08642049 bus:Director2 2023-09-01 2024-08-31 08642049 bus:Director2 1 2023-09-01 2024-08-31 08642049 bus:OrdinaryShareClass1 bus:OtherShareType 2023-09-01 2024-08-31 08642049 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08642049 bus:Agent1 2023-09-01 2024-08-31 08642049 core:FurnitureFittings 2023-09-01 2024-08-31 08642049 core:LandBuildings 2023-09-01 2024-08-31 08642049 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08642049 countries:UnitedKingdom 2023-09-01 2024-08-31 08642049 2023-08-31 08642049 bus:Director1 1 2023-08-31 08642049 bus:Director2 1 2023-08-31 08642049 core:FurnitureFittings 2023-08-31 08642049 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 08642049 2022-09-01 2023-08-31 08642049 2023-08-31 08642049 bus:Director1 1 2023-08-31 08642049 bus:Director2 1 2023-08-31 08642049 bus:OrdinaryShareClass1 bus:OtherShareType 2023-08-31 08642049 core:RetainedEarningsAccumulatedLosses 2023-08-31 08642049 core:ShareCapital 2023-08-31 08642049 core:FinancialAssetsCostLessImpairment core:Non-currentFinancialInstruments 2023-08-31 08642049 core:CurrentFinancialInstruments 2023-08-31 08642049 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 08642049 core:Non-currentFinancialInstruments 2023-08-31 08642049 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 08642049 core:FurnitureFittings 2023-08-31 08642049 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 08642049 bus:Director1 1 2022-09-01 2023-08-31 08642049 bus:Director2 1 2022-09-01 2023-08-31 08642049 bus:Director1 1 2022-08-31 08642049 bus:Director2 1 2022-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08642049

Tiger II Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Tiger II Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Tiger II Limited

Company Information

Directors

Mr D Sterne

Mr G M Sterne

Registered office

Unit 24 Glenmore Business Park
Lime Kiln Lane
Holbury
SO45 2AR

Accountants

Numeric Accounting
Chartered Certified AccountantsSuite 1 The Portway Centre
Old Sarum Park
Old Sarum
Salisbury
Wiltshire
SP4 6EB

 

Tiger II Limited

(Registration number: 08642049)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

209,871

205,375

Other financial assets

5

4

4

 

209,875

205,379

Current assets

 

Stocks

6

10,000

7,699

Debtors

7

540

431

Cash at bank and in hand

 

999

2,379

 

11,539

10,509

Creditors: Amounts falling due within one year

8

(57,635)

(52,777)

Net current liabilities

 

(46,096)

(42,268)

Total assets less current liabilities

 

163,779

163,111

Creditors: Amounts falling due after more than one year

8

(138,081)

(140,139)

Net assets

 

25,698

22,972

Capital and reserves

 

Called up share capital

9

10

10

Retained earnings

25,688

22,962

Shareholders' funds

 

25,698

22,972

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Tiger II Limited

(Registration number: 08642049)
Balance Sheet as at 31 August 2024 (continued)

Approved and authorised by the Board on 28 August 2025 and signed on its behalf by:
 

.........................................
Mr D Sterne
Director

.........................................
Mr G M Sterne
Director

 

Tiger II Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Unit 24 Glenmore Business Park
Lime Kiln Lane
Holbury
SO45 2AR

These financial statements were authorised for issue by the Board on 28 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Tiger II Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

2

Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold Property

No Depreciation

Fixtures and Fittings

25% Reducing Balance

Investments

Investments in unlisted equity instruments whose fair value cannot be measured reliably are measured at cost less impairment. These investments are not held for trading purposes. Where investments are held solely to secure rights of occupation or membership in a property management company, they are stated at nominal value, as they have no market value and are not held for investment return.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Tiger II Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Tangible assets

Land and buildings
£

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 September 2023

205,375

-

205,375

Additions

-

4,847

4,847

At 31 August 2024

205,375

4,847

210,222

Depreciation

Charge for the year

-

351

351

At 31 August 2024

-

351

351

Carrying amount

At 31 August 2024

205,375

4,496

209,871

At 31 August 2023

205,375

-

205,375

Included within the net book value of land and buildings above is £205,375 (2023 - £205,375) in respect of freehold land and buildings.
 

5

Other financial assets (current and non-current)

2024
£

2023
£

Non-current financial assets

Financial assets at cost less impairment

4

4

The company holds one ordinary shares of £4 in a property management company , a company limited by guarantee, which manages the property from which the company operates. Ownership of this share is required to secure the company’s rights of occupation. The share has no market value, is not transferable independently of the property, and is not held for investment purposes.

 

Tiger II Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

6

Stocks

2024
£

2023
£

Other inventories

10,000

7,699

7

Debtors

Current

2024
£

2023
£

Other debtors

540

431

 

540

431

 

Tiger II Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

10

22,366

21,908

Taxation and social security

 

3,912

3,137

Accruals and deferred income

 

1,875

3,250

Other creditors

 

29,482

24,482

 

57,635

52,777

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

10

138,081

140,139

9

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

10

10

10

10

       

10

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

138,081

140,139

Current loans and borrowings

 

Tiger II Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

10

Loans and borrowings (continued)

2024
£

2023
£

Bank borrowings

15,100

15,100

Bank overdrafts

7,266

6,808

22,366

21,908

11

Related party transactions

Transactions with directors

2024

At 1 September 2023
£

Other payments made to company by director
£

At 31 August 2024
£

Mr D Sterne

The loan is interest free with no fixed date of repayment.

(500)

-

(500)

Mr G M Sterne

The loan is interest free with no fixed date of repayment.

(23,982)

(5,000)

(28,982)

2023

At 1 September 2022
£

Advances to director
£

At 31 August 2023
£

Mr D Sterne

The loan is interest free with no fixed date of repayment.

(500)

-

(500)

Mr G M Sterne

The loan is interest free with no fixed date of repayment.

(24,223)

241

(23,982)