REGISTERED NUMBER: NI603369 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Teeton Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K McMillan

W A Russell

REGISTERED OFFICE:

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

REGISTERED NUMBER:

NI603369 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

FIXED ASSETS

Investments

4

447,821

447,821

CURRENT ASSETS

Debtors

5

33,253

33,253

CREDITORS

Amounts falling due within one year

6

481,617

476,537

NET CURRENT LIABILITIES

(448,364

)

(443,284

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(543

)

4,537

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

(843

)

4,237

SHAREHOLDERS' FUNDS

(543

)

4,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 10 July 2026 and were signed on its behalf by:

W A Russell - Director

1.	STATUTORY INFORMATION

Teeton Limited is a private company, limited by shares , registered in Northern Ireland. 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.

Investment in joint ventures

Investments in joint ventures are recognised at fair value with gains and losses recognised through profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Interest

in joint

venture

£

COST

At 1 July 2023

and 30 June 2024

447,821

NET BOOK VALUE

At 30 June 2024

447,821

At 30 June 2023

447,821

The company is a 50% member of Dumac LLP which is currently involved in a residential property development.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/24

30/6/23

£

£

Other debtors

33,253

33,253

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/24

30/6/23

£

£

Other loans

100,000

100,000

Tax

7,278

6,278

Other creditors

1,043

1,043

Amounts owed to pension

providers

2,416

2,416

Directors' current accounts

349,700

349,700

Accruals and deferred income

21,180

17,100

481,617

476,537