Company Registration No. 09661544 (England and Wales)
Tangent Design and Invention Ltd
Unaudited accounts
for the year ended 30 June 2025
Tangent Design and Invention Ltd
Unaudited accounts
Contents
Tangent Design and Invention Ltd
Company Information
for the year ended 30 June 2025
Directors
Mr M Asai
Dr H Yoshimoto
Company Number
09661544 (England and Wales)
Registered Office
8 Station Parade
Uxbridge Road
London
W5 3LD
England
Tangent Design and Invention Ltd
Statement of financial position
as at 30 June 2025
Cash at bank and in hand
7,670
7,389
Creditors: amounts falling due within one year
(9,834)
(6,763)
Net current assets
164,189
186,795
Total assets less current liabilities
246,993
270,166
Provisions for liabilities
Net assets
246,836
269,901
Called up share capital
255,000
255,000
Share premium
150,000
150,000
Profit and loss account
(158,164)
(135,099)
Shareholders' funds
246,836
269,901
For the year ending 30 June 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by
Dr H Yoshimoto
Director
Company Registration No. 09661544
Tangent Design and Invention Ltd
Notes to the Accounts
for the year ended 30 June 2025
Tangent Design and Invention Ltd is a private company, limited by shares, registered in England and Wales, registration number 09661544. The registered office is 8 Station Parade, Uxbridge Road, London, W5 3LD, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services 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 contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line
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 balance sheet date.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangent Design and Invention Ltd
Notes to the Accounts
for the year ended 30 June 2025
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in prepare the Financial Statements
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Tangible fixed assets
Plant & machinery
5
Investments
Other investments
Valuation at 1 July 2024
81,977
Valuation at 30 June 2025
81,977
Amounts falling due within one year
Trade debtors
139,403
140,085
Other debtors
26,950
44,559
Tangent Design and Invention Ltd
Notes to the Accounts
for the year ended 30 June 2025
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
4,368
4,368
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Transactions with related parties
Included within other debtors is a loan made to H Yoshimoto, a company director. The amount outstanding at year end was £5,378 (2024: £5,378).
No interest was charged on the loan and is repayable on demand.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).