TANQUERAY LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11089555 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020

FOR

TANQUERAY LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

to

3

FIXED ASSETS

Investments

4

236,303

500

CURRENT ASSETS

Debtors

5

-

1,000

Cash at bank

59,976

400,007

59,976

401,007

CREDITORS

Amounts falling due within one year

6

(375,357

)

(196,357

)

NET CURRENT (LIABILITIES)/ASSETS

(315,381

)

204,650

TOTAL ASSETS LESS CURRENT LIABILITIES

(79,078

)

205,150

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(80,078

)

204,150

(79,078

)

205,150

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2021 and were signed on its behalf by:

J Tanqueray - Director

1.	STATUTORY INFORMATION

TANQUERAY LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11089555

Registered office:

Mulberry House

The Green

Hardingstone

Northampton

NN4 7BU

The principal activity is that of a holding company.

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.

The financial statements are prepared in stetting, which is the functional currency of the entity.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 July 2019

500

-

500

Additions

-

512,200

512,200

Impairments

-

(276,397

)

(276,397

)

At 30 June 2020

500

235,803

236,303

NET BOOK VALUE

At 30 June 2020

500

235,803

236,303

At 30 June 2019

500

-

500

The company owns 100% of the ordinary issued share capital of Mulberry Medical Limited, a company incorporated in England and Wales. The principal activity of the company during the year was that of the provision of medical services.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Called up share capital not paid

-

1,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.20

30.6.19

£

£

Amounts owed to group undertakings

375,350

196,350

Accruals and deferred income

7

7

375,357

196,357

7.	POST BALANCE SHEET EVENTS

There were no material events up to the date of approval of the financial statements by the board.