Accounts filed on 30-04-2014

trueTanlion Limited012979902014-04-30511174402162329756620134345720805220806666623297566201623297566201-59881-6713165346879485465208174505617796014640683178633332683178633332Basis of accounting The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold land and buildings, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Turnover The turnover shown in the profit and loss account represents amounts invoiced during the year. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion. Depreciation In accordance with SSAP 19, investment properties are revalued annually and the aggregate surplus or deficit is transferred to the revaluation reserve. No depreciation is provided in respect of investment properties. Investment properties Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.Financial Instruments Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.Plant & MachineryReducing balance0.3300685749634443241750000257111112571685749634443241750000257111112571Ordinary1001100100Ordinary 'A'1262626Ordinary 'B'1888 The difference between the results as disclosed in the profit and loss account and the result on an unmodified historical cost basis is not material. 2014-09-06Mr W T McClenaghanMrs E McClenaghanDirectortruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureTanlion Limited2013-05-012014-04-30Tanlion Limited2012-05-012013-04-30Tanlion Limited2012-04-30Tanlion Limited2013-04-30Tanlion Limited2013-04-30Tanlion Limited2014-04-30 2014-09-09