Tangent Resourcing Limited - Limited company - abbreviated

REGISTERED NUMBER: 03490921 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

FOR

TANGENT RESOURCING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T R Gallagher

SECRETARY:

Mrs V Gallagher

REGISTERED OFFICE:

128 Broomfield Road

Chelmsford

Essex

CM1 1RN

REGISTERED NUMBER:

03490921 (England and Wales)

ACCOUNTANTS:

Alexandra Anthony Limited

47 Church Street

Great Baddow

Chelmsford

Essex

CM2 7JA

FIXED ASSETS

Tangible assets

2

59,102

58,304

CURRENT ASSETS

Debtors

13,201

17,101

Cash at bank and in hand

118,155

138,278

131,356

155,379

CREDITORS

Amounts falling due within one year

23,582

34,622

NET CURRENT ASSETS

107,774

120,757

TOTAL ASSETS LESS CURRENT
LIABILITIES

166,876

179,061

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

166,875

179,060

SHAREHOLDERS' FUNDS

166,876

179,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 24 September 2014 and were signed by:

T R Gallagher - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on cost

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

76,738

Additions

1,253

At 30 June 2014

77,991

DEPRECIATION

At 1 July 2013

18,434

Charge for year

455

At 30 June 2014

18,889

NET BOOK VALUE

At 30 June 2014

59,102

At 30 June 2013

58,304

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

100

Ordinary

1p

1

Tangent Resourcing Limited - Limited company - abbreviated - 11.0.0

Tangent Resourcing Limited - Limited company - abbreviated - 11.0.0