Tangerine Anvil Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04380244 (England and Wales)

Financial Statements for the Year Ended 30 June 2020

for

TANGERINE ANVIL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M J Hicklin

Mr M Probert

SECRETARY:

Mr M J Hicklin

REGISTERED OFFICE:

1st Floor

30 Church Road

Burgess Hill

West Sussex

RH15 9AE

REGISTERED NUMBER:

04380244 (England and Wales)

ACCOUNTANTS:

MMP Accounting Solutions Ltd

1st Floor

30 Church Road

Burgess Hill

West Sussex

RH15 9AE

FIXED ASSETS

Tangible assets

4

2

2

Investments

5

596

596

598

598

CURRENT ASSETS

Debtors

6

311,555

278,480

Cash at bank

260

770

311,815

279,250

CREDITORS

Amounts falling due within one year

7

307,692

265,721

NET CURRENT ASSETS

4,123

13,529

TOTAL ASSETS LESS CURRENT LIABILITIES

4,721

14,127

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,621

14,027

4,721

14,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 5 January 2021 and were signed on its behalf by:

Mr M J Hicklin - Director

Mr M Probert - Director

1.	STATUTORY INFORMATION

Tangerine Anvil 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2019

and 30 June 2020

3,881

DEPRECIATION

At 1 July 2019

and 30 June 2020

3,879

NET BOOK VALUE

At 30 June 2020

2

At 30 June 2019

2

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2019

and 30 June 2020

596

NET BOOK VALUE

At 30 June 2020

596

At 30 June 2019

596

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Amounts owed by group undertakings

311,405

278,474

VAT

150

6

311,555

278,480

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Trade creditors

484

-

Amounts owed to group undertakings

223,019

223,939

Tax

62,115

30,129

Directors' current accounts

22,074

11,653

307,692

265,721

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year transactions took place with the directors Mr M Hicklin and Mr M Probert. The balance payable by the company at the year end was £10,595 for M Hicklin and £11,480 for M Probert (2019 - £5,651 for M Hicklin and £6,001 for M Probert)