Company Registration No. 11513505 (England and Wales)
Tiffen Group Ltd
Unaudited accounts
for the year ended 31 March 2025
Tiffen Group Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
334,143
416,499
Cash at bank and in hand
117,302
218,065
Creditors: amounts falling due within one year
(387,324)
(244,118)
Net current assets
113,673
134,778
Total assets less current liabilities
447,816
551,277
Creditors: amounts falling due after more than one year
(183,003)
(255,093)
Provisions for liabilities
Deferred tax
(63,096)
(104,125)
Net assets
201,717
192,059
Called up share capital
100
100
Profit and loss account
201,617
191,959
Shareholders' funds
201,717
192,059
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 1 December 2025 and were signed on its behalf by
Frank Tiffen
Director
Company Registration No. 11513505
Tiffen Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Tiffen Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11513505. The registered office is Tiffen Group Ltd, 34-35 Stella Gill Industrial Estate, Pelton Fell, Chester le Street, County Durham, DH2 2RQ, England.
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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.
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
Over 5 years
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Total
Charge for the year
106,744
Tiffen Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Average number of employees
During the year the average number of employees was 12 (2024: 16).