Tiga Creative Marketing Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03916255 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2015

for

Tiga Creative Marketing Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S L Coe

Mrs R L Coe

SECRETARY:

S L Coe

REGISTERED OFFICE:

C/o Reynolds Ground Floor Windmill House

127-128 Windmill Street

Gravesend

Kent

DA12 1BL

REGISTERED NUMBER:

03916255 (England and Wales)

ACCOUNTANTS:

Reynolds - Chartered Accountants

Ground Floor Windmill House

127-128 Windmill Street

Gravesend

Kent

DA12 1BL

FIXED ASSETS

Tangible assets

2

318,670

322,155

CURRENT ASSETS

Stocks

44,500

45,000

Debtors

159,210

110,389

Cash at bank

-

49,410

203,710

204,799

CREDITORS

Amounts falling due within one year

245,211

233,981

NET CURRENT LIABILITIES

(41,501

)

(29,182

)

TOTAL ASSETS LESS CURRENT LIABILITIES

277,169

292,973

CREDITORS

Amounts falling due after more than one year

3

204,463

228,390

NET ASSETS

72,706

64,583

CAPITAL AND RESERVES

Called up share capital

4

300

300

Revaluation reserve

80,000

80,000

Profit and loss account

(7,594

)

(15,717

)

SHAREHOLDERS' FUNDS

72,706

64,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 February 2016 and were signed on its behalf by:

S L Coe - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under

hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are

depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of

the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

392,472

Additions

2,083

At 31 May 2015

394,555

DEPRECIATION

At 1 June 2014

70,317

Charge for year

5,568

At 31 May 2015

75,885

NET BOOK VALUE

At 31 May 2015

318,670

At 31 May 2014

322,155

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

£

Repayable by instalments

163,506

175,201

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

225

A Ordinary

1

225

225

45

B Ordinary

1

45

45

30

C Ordinary

1

30

30

300

300

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S L Coe.