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REGISTERED NUMBER: 08157940 (England and Wales)















TANAT CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023






TANAT CONSULTING LIMITED (REGISTERED NUMBER: 08157940)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TANAT CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: P Bull
Mrs S A Bull
T Bull





REGISTERED OFFICE: Gwern Pen Y Nant Farm
Llangedwyn
Oswestry
SY10 9LP





REGISTERED NUMBER: 08157940 (England and Wales)

TANAT CONSULTING LIMITED (REGISTERED NUMBER: 08157940)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 49,883 44,020
Investments 5 181,102 -
230,985 44,020

CURRENT ASSETS
Debtors 6 18,379 17,975
Cash at bank 176,684 256,736
195,063 274,711
CREDITORS
Amounts falling due within one year 7 (39,329 ) (20,803 )
NET CURRENT ASSETS 155,734 253,908
TOTAL ASSETS LESS CURRENT LIABILITIES 386,719 297,928

PROVISIONS FOR LIABILITIES (10,732 ) (8,364 )
NET ASSETS 375,987 289,564

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 375,887 289,464
SHAREHOLDERS' FUNDS 375,987 289,564

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

TANAT CONSULTING LIMITED (REGISTERED NUMBER: 08157940)

BALANCE SHEET - continued
31 AUGUST 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 January 2024 and were signed on its behalf by:





P Bull - Director


TANAT CONSULTING LIMITED (REGISTERED NUMBER: 08157940)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

Tanat Consulting 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.

2. ACCOUNTING POLICIES

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

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Consultancy
Turnover from consulting is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Interest receivable
Interest income is recognised using the effective interest method.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 10 years
Plant and machinery - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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 balance sheet date.


TANAT CONSULTING LIMITED (REGISTERED NUMBER: 08157940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company pays into personal pension schemes for the benefit of the directors. Contributions payable are recognised in the profit and loss account when due.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable with one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Government grants
Government grants relating to capital expenditure are recognised as deferred income during the year. The income will be credited to the profit and loss account by instalments over the expected useful economic life of the related asset on a basis consistent with the depreciation policy.

Government Grants in respect of Covid-19 received as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the company with no future related costs are recognised as income in the period in which the grant becomes receivable using the accruals model.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

TANAT CONSULTING LIMITED (REGISTERED NUMBER: 08157940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 September 2022 17,700 85,365 103,065
Additions - 21,666 21,666
Disposals - (3,261 ) (3,261 )
At 31 August 2023 17,700 103,770 121,470
DEPRECIATION
At 1 September 2022 9,744 49,301 59,045
Charge for year 947 14,292 15,239
Eliminated on disposal - (2,697 ) (2,697 )
At 31 August 2023 10,691 60,896 71,587
NET BOOK VALUE
At 31 August 2023 7,009 42,874 49,883
At 31 August 2022 7,956 36,064 44,020

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 181,102
At 31 August 2023 181,102
NET BOOK VALUE
At 31 August 2023 181,102

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,664 16,728
Other debtors 877 -
Directors' current accounts 339 82
Prepayments and accrued income 12,499 1,165
18,379 17,975

TANAT CONSULTING LIMITED (REGISTERED NUMBER: 08157940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 307 1,855
Tax 32,654 10,836
Social security and other taxes - 1,328
VAT 2,901 4,331
Pensions Control Account 401 -
Accruals and deferred income 3,066 2,453
39,329 20,803

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
P Bull
Balance outstanding at start of year 82 -
Amounts advanced 822 82
Amounts repaid (565 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 339 82

The loan has been provided interest free and is repayable on demand.