Abbreviated Company Accounts - TAN PROPERTY CO. LIMITED

TAN PROPERTY CO. LIMITED - Company Information

00766133 TAN PROPERTY CO. LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 00766133 2015-04-01 2016-03-31 00766133 2016-03-31 00766133 2015-03-31 00766133 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 00766133 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 00766133

TAN PROPERTY CO. LIMITED

Abbreviated Accounts

31 March 2016

TAN PROPERTY CO. LIMITED Registered Number 00766133

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,474,000	5,474,000
		5,474,000	5,474,000
Current assets
Debtors		13,713	8,465
Cash at bank and in hand		252,801	190,425
		266,514	198,890
Creditors: amounts falling due within one year	3	(282,089)	(289,035)
Net current assets (liabilities)		(15,575)	(90,145)
Total assets less current liabilities		5,458,425	5,383,855
Creditors: amounts falling due after more than one year	3	0	(89,377)
Total net assets (liabilities)		5,458,425	5,294,478
Capital and reserves
Called up share capital	4	100	100
Revaluation reserve		2,144,141	2,144,141
Other reserves		141,124	141,124
Profit and loss account		3,173,060	3,009,113
Shareholders' funds		5,458,425	5,294,478

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 December 2016

And signed on their behalf by:
G Gluck, Director

TAN PROPERTY CO. LIMITED Registered Number 00766133

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have
been prepared under the historical cost convention as modified by the revaluation of Freehold
property and in accordance with the Financial Reporting Standard for Smaller Entities (effective
January 2015).

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied
during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is not charged
on freehold land. Depreciation on other tangible fixed assets is provided at rates calculated to write
off the cost or valuation of those assets, less their estimated residual value, over their expected
useful lives on the following bases:
Office equipment - 25% per cent on cost

2Tangible fixed assets

	£
Cost
At 1 April 2015	5,478,088
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2016	5,478,088
Depreciation
At 1 April 2015	4,088
Charge for the year	0
On disposals	0
At 31 March 2016	4,088
Net book values
At 31 March 2016	5,474,000
At 31 March 2015	5,474,000

Freehold property is not depreciated

3Creditors

	2016 £	2015 £
Secured Debts	84,407	177,486
Instalment debts due after 5 years	0	0
Non-instalment debts due after 5 years	0	0

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100