REGISTERED NUMBER: 05117661 (England and Wales)

Financial Statements for the Year Ended 31 May 2025

for

T-Bag Designs UK Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C M Gray

Ms T L Gray

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

05117661 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

81

107

Investments

5

100,000

100,000

100,081

100,107

CREDITORS

Amounts falling due within one year

6

35,589

33,615

NET CURRENT LIABILITIES

(35,589

)

(33,615

)

TOTAL ASSETS LESS CURRENT LIABILITIES

64,492

66,492

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

64,490

66,490

SHAREHOLDERS' FUNDS

64,492

66,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by:

Mr C M Gray - Director

Ms T L Gray - Director

1.	STATUTORY INFORMATION

T-Bag Designs UK 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 statement of financial position date.

Fixed asset investments

Other Investments are valued at the lower of cost and market value.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

and 31 May 2025

3,740

11,581

6,599

21,920

DEPRECIATION

At 1 June 2024

3,740

11,581

6,492

21,813

Charge for year

-

-

26

26

At 31 May 2025

3,740

11,581

6,518

21,839

NET BOOK VALUE

At 31 May 2025

-

-

81

81

At 31 May 2024

-

-

107

107

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 June 2024

and 31 May 2025

100,000

NET BOOK VALUE

At 31 May 2025

100,000

At 31 May 2024

100,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

3,699

1,460

Taxation and social security

300

300

Other creditors

31,590

31,855

35,589

33,615

7.	RELATED PARTY DISCLOSURES

The Directors Mr C M Gray and Ms T L G Gray are considered to be the key management personnel.