Tano Family Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10515590 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2018 TO 31 MAY 2019

FOR

TANO FAMILY COMPANY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Anastasiou

REGISTERED OFFICE:

Muskers Building 2nd Floor

Stanley Street

Liverpool

Merseyside

L1 6AA

REGISTERED NUMBER:

10515590 (England and Wales)

ACCOUNTANTS:

Mattocks Grindley Ltd

18 Mulberry Avenue

Turnstone Park

Widnes

Cheshire

WA8 0WN

FIXED ASSETS

Investments

3

6,564,280

-

CURRENT ASSETS

Debtors

1,418

1,000

Cash at bank

9,939

-

11,357

1,000

CREDITORS

Amounts falling due within one year

6,114

-

NET CURRENT ASSETS

5,243

1,000

TOTAL ASSETS LESS CURRENT LIABILITIES

6,569,523

1,000

PROVISIONS FOR LIABILITIES

1,247,187

-

NET ASSETS

5,322,336

1,000

CAPITAL AND RESERVES

Called up share capital

1,418

1,000

Share premium

4,603,119

-

Fair value reserve

4

713,840

-

Retained earnings

3,959

-

SHAREHOLDERS' FUNDS

5,322,336

1,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 May 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 February 2020 and were signed by:

D Anastasiou - Director

1.	STATUTORY INFORMATION

Tano Family Company 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 as modified by the revaluation of certain assets.

Investments in associates

Investments in associates are shown at the value of the company's share of the net assets of the associates at

the year end.

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.

3.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

Additions

5,682,997

Revaluations

881,283

At 31 May 2019

6,564,280

NET BOOK VALUE

At 31 May 2019

6,564,280

Cost or valuation at 31 May 2019 is represented by:

Totals

£

Valuation in 2019

6,564,146

Cost

134

6,564,280

If fixed asset investments had not been revalued they would have been included at the following historical

cost:

31.5.19

31.12.17

£

£

Cost

134

-

4.

RESERVES

Fair

value

reserve

£

Revaluation of associates

881,283

Deferred taxation

(167,443

)

At 31 May 2019

713,840