REGISTERED NUMBER: 12076047 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

TIZGAR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G J Davidson

Mrs A I Zuccarini-Davidson

REGISTERED OFFICE:

c/o BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

REGISTERED NUMBER:

12076047 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

HBSC Plc

PO Box 5 29 English St

Carlisle

CA3 8JW

FIXED ASSETS

Investment property

4

86,249

86,249

CURRENT ASSETS

Debtors

5

296

329

Cash at bank

2,797

7,707

3,093

8,036

CREDITORS

Amounts falling due within one year

6

89,718

33,865

NET CURRENT LIABILITIES

(86,625

)

(25,829

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(376

)

60,420

CREDITORS

Amounts falling due after more than one year

7

-

62,348

NET LIABILITIES

(376

)

(1,928

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(378

)

(1,930

)

SHAREHOLDERS' FUNDS

(376

)

(1,928

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 31 August 2025 and were signed on its behalf by:

G J Davidson - Director

1.	STATUTORY INFORMATION

TizGar 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.

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

Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

86,249

NET BOOK VALUE

At 30 June 2025

86,249

At 30 June 2024

86,249

In the opinion of the directors, the open market value of the investment properties at the year end is not materially different than their original cost of £86,249. No adjustment has therefore been made to the carrying value of the properties within the accounts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Other debtors

296

329

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

167

-

Other creditors

89,551

33,865

89,718

33,865

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

-

62,348

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

62,348

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Bank loans

-

62,348

The bank loan was secured on the freehold property 60 Carlton Street, Mansfield, NG18 2BG which is owned by the company. This loan was repaid in the year.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is G J Davidson.