Company Registration No. NI611671 (Northern Ireland)
Tropical Tan (NI) Limited
Unaudited accounts
for the year ended 31 March 2025
Tropical Tan (NI) Limited
Unaudited accounts
Contents
Tropical Tan (NI) Limited
Company Information
for the year ended 31 March 2025
Directors
Goody-Neill, Kylie
Goody, Shannon
Company Number
NI611671 (Northern Ireland)
Registered Office
211-212 Woodstock Road
Belfast
BT6 8PQ
Northern Ireland
Accountants
Stavri
C/O 65 Edenbane Road
Garvagh
Coleraine
BT51 5NA
Tropical Tan (NI) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
165,742
201,737
Cash at bank and in hand
327,376
344,508
Creditors: amounts falling due within one year
(69,653)
(109,808)
Net current assets
261,877
240,166
Total assets less current liabilities
427,619
441,903
Provisions for liabilities
Deferred tax
(21,057)
(26,993)
Net assets
406,562
414,910
Called up share capital
5
5
Profit and loss account
406,557
414,905
Shareholders' funds
406,562
414,910
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by
Goody-Neill, Kylie
Director
Company Registration No. NI611671
Tropical Tan (NI) Limited
Notes to the Accounts
for the year ended 31 March 2025
Tropical Tan (NI) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI611671. The registered office is 211-212 Woodstock Road, Belfast, BT6 8PQ, Northern Ireland.
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 accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2.5 - 12.5% per annum on cost
Plant & machinery
12.5 - 25% per annum on cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tropical Tan (NI) Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
452,128
-
52,791
504,919
Additions
15,521
-
-
15,521
At 31 March 2025
467,649
-
52,791
520,440
At 1 April 2024
293,680
9,502
-
303,182
Charge for the year
46,765
4,751
-
51,516
At 31 March 2025
340,445
14,253
-
354,698
At 31 March 2025
127,204
(14,253)
52,791
165,742
At 31 March 2024
158,448
(9,502)
52,791
201,737
Amounts falling due within one year
Accrued income and prepayments
636
1,948
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
40,472
51,921
Loans from directors
320
3,432
7
Average number of employees
During the year the average number of employees was 41 (2024: 38).