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Company Registration No. 15324264 (England and Wales)
Tango Ltd Unaudited accounts for the year ended 31 December 2025
Tango Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Tango Ltd Company Information for the year ended 31 December 2025
Director
Hung Kiet Tang
Company Number
15324264 (England and Wales)
Registered Office
43 Dragon Road London SE15 6QX England
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Tango Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
133,000
134,000
Current assets
Cash at bank and in hand
10,987
6,499
Creditors: amounts falling due within one year
5
(2,177)
(2,207)
Net current assets
8,810
4,292
Total assets less current liabilities
141,810
138,292
Creditors: amounts falling due after more than one year
6
(122,000)
(122,000)
Provisions for liabilities
Deferred tax
7
(2,090)
(2,280)
Net assets
17,720
14,012
Capital and reserves
Called up share capital
1
1
Profit and loss account
17,719
14,011
Shareholders' funds
17,720
14,012
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 12 March 2026 and were signed on its behalf by
Hung Kiet Tang Director Company Registration No. 15324264
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Tango Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Tango Ltd is a private company, limited by shares, registered in England and Wales, registration number 15324264. The registered office is 43 Dragon Road, London, SE15 6QX, England.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
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.
4
Investment property
2025
£
Fair value at 1 January 2025
134,000
Net loss from fair value adjustments
(1,000)
At 31 December 2025
133,000
The fair value of the investment property has been determined by reference to market information including online property valuation estimates and comparable market transactions.
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,060
1,007
Loans from directors
1,117
1,200
2,177
2,207
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Tango Ltd Notes to the Accounts for the year ended 31 December 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
122,000
122,000
7
Deferred taxation
2025
2024
£
£
Revaluation of investment property
2,090
2,280
2025
2024
£
£
Provision at start of year
2,280
-
(Credited)/charged to the profit and loss account
(190)
2,280
Provision at end of year
2,090
2,280
Deferred tax arises on the fair value revaluation of the investment property.
8
Transactions with related parties
During the year the director transferred an investment property to the company at a value of £122,000. No cash consideration was paid and the amount has been credited to the director’s loan account. The director is also the controlling shareholder of the company.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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