Tanglewood Enterprises Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 03798014 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

Tanglewood Enterprises Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Chapman

R A Chapman

SECRETARY:

J A Chapman

REGISTERED OFFICE:

95 Stanstead Road

Caterham

Surrey

CR3 6AG

REGISTERED NUMBER:

03798014 (England and Wales)

ACCOUNTANTS:

GPMA

Prospect House

2 Athenaeum Road

London

N20 9AE

FIXED ASSETS

Tangible assets

3

-

-

Investment property

4

650,000

650,000

650,000

650,000

CURRENT ASSETS

Debtors

5

2,379

1,044

Cash at bank

6,109

3,906

8,488

4,950

CREDITORS

Amounts falling due within one year

6

104,046

108,658

NET CURRENT LIABILITIES

(95,558

)

(103,708

)

TOTAL ASSETS LESS CURRENT LIABILITIES

554,442

546,292

PROVISIONS FOR LIABILITIES

46,515

46,515

NET ASSETS

507,927

499,777

CAPITAL AND RESERVES

Called up share capital

2

2

Other reserves

227,103

227,103

Retained earnings

280,822

272,672

SHAREHOLDERS' FUNDS

507,927

499,777

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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 5 November 2018 and were signed on its behalf by:

R A Chapman - Director

1.	STATUTORY INFORMATION

Tanglewood Enterprises Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rent receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair

value is recognised in profit or loss.

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2017

and 30 June 2018

2,228

DEPRECIATION

At 1 July 2017

and 30 June 2018

2,228

NET BOOK VALUE

At 30 June 2018

-

At 30 June 2017

-

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2017

and 30 June 2018

650,000

NET BOOK VALUE

At 30 June 2018

650,000

At 30 June 2017

650,000

Fair value at 30 June 2018 is represented by:

£

Valuation in 2004

76,674

Valuation in 2017

196,944

Cost

376,382

650,000

Investment property was valued on an open market basis on 30 June 2018 by the company directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Other debtors

2,379

1,044

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Taxation and social security

6,585

3,610

Other creditors

97,461

105,048

104,046

108,658

7.	ULTIMATE CONTROLLING PARTY