Company Registration No. 11797771 (England and Wales)
Tinge Group Ltd
Unaudited accounts
for the year ended 31 January 2025
Tinge Group Ltd
Unaudited accounts
Contents
Tinge Group Ltd
Company Information
for the year ended 31 January 2025
Director
Mr Mitaire Okumagba
Company Number
11797771 (England and Wales)
Registered Office
105 Brimsdown Avenue
Enfield
EN3 5EP
United Kingdom
Tinge Group Ltd
Statement of financial position
as at 31 January 2025
Creditors: amounts falling due within one year
(91,361)
(71,409)
Net current liabilities
(73,356)
(55,756)
Total assets less current liabilities
(72,857)
(47,286)
Creditors: amounts falling due after more than one year
(25,366)
(30,366)
Net liabilities
(98,223)
(77,652)
Called up share capital
1
1
Profit and loss account
(98,224)
(77,653)
Shareholders' funds
(98,223)
(77,652)
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 24 December 2025 and were signed on its behalf by
Mr Mitaire Okumagba
Director
Company Registration No. 11797771
Tinge Group Ltd
Notes to the Accounts
for the year ended 31 January 2025
Tinge Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11797771. The registered office is 105 Brimsdown Avenue, Enfield, EN3 5EP, United Kingdom.
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.
The company's financial statements are prepared on a going concern basis on the grounds that current and future sources of funding or support from the director will be continued to be received.
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:
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.
Tinge Group Ltd
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2024
28,494
15,300
43,794
Disposals
(3,200)
-
(3,200)
At 31 January 2025
25,294
15,300
40,594
At 1 February 2024
24,349
10,975
35,324
Charge for the year
946
3,825
4,771
At 31 January 2025
25,295
14,800
40,095
At 31 January 2025
(1)
500
499
At 31 January 2024
4,145
4,325
8,470
Amounts falling due within one year
6
Investments held as current assets
2025
2024
Listed investments
14,765
14,765
7
Creditors: amounts falling due within one year
2025
2024
Other creditors
1,652
1,108
Loans from directors
86,918
68,431
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).