Tanglin House Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09230076

TANGLIN HOUSE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 23 SEPTEMBER 2014 TO 30 SEPTEMBER 2015

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Investments

2

240,856

CREDITORS

Amounts falling due within one year

240,855

NET CURRENT LIABILITIES

(240,855

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1

CAPITAL AND RESERVES

Called up share capital

3

1

SHAREHOLDERS' FUNDS

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 June 2016 and were signed by:

G S Kramer - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements

The financial statements contain information about Tanglin House Limited as an individual company and do not

contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in

respect of all timing differences that have originated but not reversed at the balance sheet date. However,

deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that

there will be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted. Deferred tax is not recognised on revaluation gains. Deferred taxation is measured on a

non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences

reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Investments

Investments representing shareholdings in unquoted subsidiary undertakings are stated at the lower of cost or

where the difference is material, net asset value.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

240,856

At 30 September 2015

240,856

NET BOOK VALUE

At 30 September 2015

240,856

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Classic Tours Limited

Nature of business: Bespoke tour operators

%

Class of shares:

holding

Ordinary

100.00

31.12.14

£

Aggregate capital and reserves

158,944

Loss for the year

(88,694

)

Classic Challenges Limited

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

31.12.14

£

Aggregate capital and reserves

1,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.