REGISTERED NUMBER: 08346635 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Tee Tree Group Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A M Fraser

C D Wilde

REGISTERED OFFICE:

Unit 9 Wessex Road

Bourne End

Buckinghamshire

SL8 5DT

REGISTERED NUMBER:

08346635 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Intangible assets

5

3,027

5,963

Property, plant and equipment

6

27,384

43,841

30,411

49,804

CURRENT ASSETS

Inventories

96,559

123,573

Debtors

7

191,622

109,981

Cash at bank and in hand

21,152

9,235

309,333

242,789

CREDITORS

Amounts falling due within one year

8

(150,594

)

(235,802

)

NET CURRENT ASSETS

158,739

6,987

TOTAL ASSETS LESS CURRENT LIABILITIES

189,150

56,791

CREDITORS

Amounts falling due after more than one year

9

(10,453

)

(34,663

)

NET ASSETS

178,697

22,128

CAPITAL AND RESERVES

Called up share capital

85

85

Capital redemption reserve

15

15

Retained earnings

178,597

22,028

178,697

22,128

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

A M Fraser - Director

1.	STATUTORY INFORMATION

Tee Tree Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Website

The website is being amortised at a rate of 15% on cost.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Office equipment

-

15% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 8 ) .

5.	INTANGIBLE FIXED ASSETS

Website

Goodwill

costs

Totals

£

£

£

Cost

At 1 January 2024

147,060

417,637

564,697

Disposals

(147,060

)

-

(147,060

)

At 31 December 2024

-

417,637

417,637

Amortisation

At 1 January 2024

147,060

411,674

558,734

Amortisation for year

-

2,936

2,936

Eliminated on disposal

(147,060

)

-

(147,060

)

At 31 December 2024

-

414,610

414,610

Net book value

At 31 December 2024

-

3,027

3,027

At 31 December 2023

-

5,963

5,963

6.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

Plant and

and

Office

property

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2024

90,438

135,503

24,254

15,392

265,587

Additions

-

655

-

948

1,603

At 31 December 2024

90,438

136,158

24,254

16,340

267,190

Depreciation

At 1 January 2024

84,010

108,233

22,099

7,404

221,746

Charge for year

2,976

12,863

380

1,841

18,060

At 31 December 2024

86,986

121,096

22,479

9,245

239,806

Net book value

At 31 December 2024

3,452

15,062

1,775

7,095

27,384

At 31 December 2023

6,428

27,270

2,155

7,988

43,841

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

26,270

24,011

Amounts owed by group undertakings

93,676

82,456

Other debtors

71,676

3,514

191,622

109,981

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans and overdrafts

24,210

66,304

Trade creditors

50,691

80,088

Taxation and social security

15,783

30,600

Other creditors

59,910

58,810

150,594

235,802

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans

10,453

34,663

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/12/24

31/12/23

£

£

Within one year

-

43,333

11.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/24

31/12/23

£

£

Bank loans

34,663

58,873

HSBC has a fixed and floating charge over all assets.