Abbreviated Company Accounts - TG BAN LTD

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared in accordance with accounting
standards generally accepted in Ireland and Northern Irish statute comprising
the Companies Act 2006. Accounting Standards generally
accepted in Ireland in preparing financial statements giving a true and fair view are
those published by the Institute of Chartered Accountants in Ireland and issued by
the Accounting Standards Board.

Turnover policy
Turnover is stated net of trade discounts, VAT and similar taxes and derives
from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
i. Fixed Assets are stated at cost.

ii. Depreciation is calculated to write off the net cost of fixed assets over their estimated
useful lives, by the reducing balance method at the following rates:

Fixtures and Fittings 20%
Equipment 25%

Intangible assets amortisation policy
iii. Amortisation is calculated to write off the net cost of Goodwill over its estimated
useful life, the estimated useful life is 15 years.

Valuation information and policy
Stocks have been valued by the directors at the lower of cost and net realisable value,
after making due allowance for obsolete and slow moving items.