TPC Newco Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11081964 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 24 NOVEMBER 2017 TO 30 NOVEMBER 2018

FOR

TPC NEWCO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr P Glynne

Mr H Beynon

Mr T Strawbridge

Dr C Brookes

Dr V A Gant

Prof M G Hanna

REGISTERED OFFICE:

13-14 Devonshire Street

London

W1G 7AE

REGISTERED NUMBER:

11081964 (England and Wales)

ACCOUNTANTS:

Trevor Goodship & Associates Limited

Chartered Tax Advisors and Accountants

38B High Street

Keynsham

Bristol

BS31 1DX

FIXED ASSETS

Investments

3

1,640,520

CURRENT ASSETS

Debtors

4

100

Cash at bank

1,779

1,879

CREDITORS

Amounts falling due within one year

5

412

NET CURRENT ASSETS

1,467

TOTAL ASSETS LESS CURRENT LIABILITIES

1,641,987

CAPITAL AND RESERVES

Called up share capital

6

1,000

Share premium

1,640,600

Retained earnings

387

SHAREHOLDERS' FUNDS

1,641,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 23 August 2019 and were signed on its behalf by:

Mr T Strawbridge - Director

1.	STATUTORY INFORMATION

Tpc Newco Limited is a private company, limited by shares , registered in England and Wales. 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Income

The company will receive dividend income from the investment. This is accounted for when it becomes payable.

3.	FIXED ASSET INVESTMENTS

Interest

in other

participating

interests

£

COST

Additions

1,640,520

At 30 November 2018

1,640,520

NET BOOK VALUE

At 30 November 2018

1,640,520

During the year the company purchased 2.94% shareholding in Devonshire Diagnostics Centre Limited.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Called up share capital not paid

100

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

112

Accrued expenses

300

412

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10,002

Ordinary

£0.1

1,000

Two share allotments were made in the year.

1,000 shares at a nominal value of £0.10 were issued on incorporation at par.

On 2 February a further 9,002 shares with a nominal value of £0.10 were issued at a premium of £182.35 per

share.