Tangerine Anvil Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 04380244 (England and Wales)

Financial Statements for the Year Ended 30 June 2017

for

Tangerine Anvil Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J Hicklin

Mr M Probert

REGISTERED OFFICE:

1st Floor

30 Church Road

Burgess Hill

West Sussex

RH15 9AE

REGISTERED NUMBER:

04380244 (England and Wales)

ACCOUNTANTS:

Keepers Accountancy Ltd

1st Floor

30 Church Road

Burgess Hill

West Sussex

RH15 9AE

FIXED ASSETS

Tangible assets

5

2

2

Investments

6

596

596

598

598

CURRENT ASSETS

Debtors

7

231,124

322,846

Cash at bank

279

480

231,403

323,326

CREDITORS

Amounts falling due within one year

8

231,807

292,390

NET CURRENT (LIABILITIES)/ASSETS

(404

)

30,936

TOTAL ASSETS LESS CURRENT LIABILITIES

194

31,534

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

94

31,434

SHAREHOLDERS' FUNDS

194

31,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 20 October 2017 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Tangerine Anvil 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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2016

and 30 June 2017

3,881

DEPRECIATION

At 1 July 2016

and 30 June 2017

3,879

NET BOOK VALUE

At 30 June 2017

2

At 30 June 2016

2

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2016

and 30 June 2017

596

NET BOOK VALUE

At 30 June 2017

596

At 30 June 2016

596

The company's investments at the Statement of Financial Position date in the share capital of companies include

the following:

After Build Limited

Registered office: UK

Nature of business: Holding Company

%

Class of shares:

holding

Ordinary

95.00

30.6.17

30.6.16

£

£

Aggregate capital and reserves

(6,705

)

(87,240

)

Profit for the year

151,297

7,519

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Amounts owed by group undertakings

231,124

322,846

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Bank loans and overdrafts

-

4,754

Amounts owed to group undertakings

225,603

264,285

Tax

5,905

11,902

Directors' current accounts

299

11,449

231,807

292,390

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.17

30.6.16

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2017 and

30 June 2016:

30.6.17

30.6.16

£

£

Mr M J Hicklin

Balance outstanding at start of year

(2,859

)

(3,404

)

Amounts advanced

66,000

72,000

Amounts repaid

(63,291

)

(71,455

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(150

)

(2,859

)

Mr M Probert

Balance outstanding at start of year

(8,590

)

(9,135

)

Amounts advanced

68,865

72,000

Amounts repaid

(60,425

)

(71,455

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(150

)

(8,590

)

11.	RELATED PARTY DISCLOSURES

After Build Limited

A company in which Tangerine Anvil Limited is a 95% shareholder

After Build Limited paid for goods & services on behalf of Tangerine Anvil Limited to the value of £190,373

during the year.

After Build Limited received £98,650 in management charges from Tangerine Anvil Limited during the year.

30.6.17

30.6.16

£

£

Amount due from related party at the balance sheet date

231,124

322,846