Company registration number:
06799974
Tyg Ltd
Unaudited filleted financial statements
31 January 2026
Tyg Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Tyg Ltd
Directors and other information
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Directors |
Mr Peter Frost-Pennington |
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Ms Margaret Burns |
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Mrs Iona Frost-Pennington |
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Secretary |
Peter Frost-Pennington |
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Company number |
06799974 |
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Registered office |
Muncaster Castle |
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Ravenglass |
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Cumbria |
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CA18 1RQ |
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Accountants |
Carson & Trotter |
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Chartered Accountants |
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123 Irish Street |
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Dumfries |
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DG1 2PE |
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Tyg Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Tyg Ltd
Year ended 31st January 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tyg Ltd for the year ended 31st January 2026 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of Tyg Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Tyg Ltd and state those matters that we have agreed to state to the board of directors of Tyg Ltd as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tyg Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Tyg Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tyg Ltd. You consider that Tyg Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Tyg Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Carson & Trotter
Chartered Accountants
123 Irish Street
Dumfries
DG1 2PE
24th September 2026
Tyg Ltd
Statement of financial position
31st January 2026
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2026 |
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2025 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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204,952 |
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193,151 |
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_______ |
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_______ |
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Current assets |
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883,272 |
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785,732 |
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Prepayments and accrued income |
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6,689 |
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10,779 |
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_______ |
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_______ |
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889,961 |
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796,511 |
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Creditors: amounts falling due within one year |
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(
256,212) |
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(
203,980) |
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_______ |
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_______ |
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Net current assets |
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633,749 |
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592,531 |
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_______ |
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_______ |
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Total assets less current liabilities |
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838,701 |
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785,682 |
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Accruals and deferred income |
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(
13,221) |
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(
10,700) |
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_______ |
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Net assets |
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825,480 |
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774,982 |
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_______ |
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Capital and reserves |
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825,480 |
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774,982 |
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_______ |
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_______ |
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Notes to the financial statements
Tyg Ltd
Year ended 31st January 2026
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2025:
2
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2026 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Peter Frost-Pennington |
- |
100 |
100 |
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Ms Margaret Burns |
9,999 |
(
9,999) |
- |
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Mrs Iona Frost-Pennington |
- |
50,000 |
50,000 |
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_______ |
_______ |
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9,999 |
40,101 |
50,100 |
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_______ |
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2025 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Peter Frost-Pennington |
- |
- |
- |
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Ms Margaret Burns |
- |
9,999 |
9,999 |
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Mrs Iona Frost-Pennington |
- |
- |
- |
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_______ |
_______ |
_______ |
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For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
24 September 2026
, and are signed on behalf of the board by:
Ms Margaret Burns
Director
Company registration number:
06799974
The company is a private company limited by shares, registered in England.