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REGISTERED NUMBER: 05783882 (England and Wales)










Unaudited Financial Statements

For The Year Ended 31 March 2017

for

Tag Residential Lettings Limited

Tag Residential Lettings Limited (Registered number: 05783882)






Contents of the Financial Statements
For The Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tag Residential Lettings Limited

Company Information
For The Year Ended 31 March 2017







DIRECTORS: Miss V S Davis
P J Gregory
Mrs C A Wilkinson





SECRETARY: Miss V S Davis





REGISTERED OFFICE: Goodridge Court
Goodridge Avenue
Gloucester
Gloucestershire
GL2 5EN





REGISTERED NUMBER: 05783882 (England and Wales)





ACCOUNTANTS: Kingscott Dix Limited
Chartered Accountants
Goodridge Court
Goodridge Avenue
Gloucester
Gloucestershire
GL2 5EN

Tag Residential Lettings Limited (Registered number: 05783882)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £   
CURRENT ASSETS
Debtors 3 25,076 21,673
Cash at bank 173,995 178,227
199,071 199,900
CREDITORS
Amounts falling due within one year 4 144,810 125,197
NET CURRENT ASSETS 54,261 74,703
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,261

74,703

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings 54,171 74,613
SHAREHOLDERS' FUNDS 54,261 74,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 21 December 2017 and were signed on its behalf
by:





Miss V S Davis - Director


Tag Residential Lettings Limited (Registered number: 05783882)

Notes to the Financial Statements
For The Year Ended 31 March 2017

1. STATUTORY INFORMATION

Tag Residential Lettings 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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Taxation
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
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.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Related Company 17,065 21,673
Directors' current accounts 4,283 -
Corporation tax recoverable 3,728 -
25,076 21,673

Tag Residential Lettings Limited (Registered number: 05783882)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2017

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 1,586 -
Client account balances 132,010 114,290
Corporation tax - 3,728
VAT 4,884 2,778
Other creditors 1,225 1,250
Directors' current accounts - 1
Accrued expenses 5,105 3,150
144,810 125,197

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2017 and the period
ended 31 March 2016:

31.3.17 31.3.16
£    £   
Miss V S Davis
Balance outstanding at start of year (1 ) (1 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,427 (1 )

Mrs C A Wilkinson
Balance outstanding at start of year - -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,428 -

P J Gregory
Balance outstanding at start of year - -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,428 -

6. RELATED PARTY DISCLOSURES

The directors of TAG Residential Lettings Limited are also directors with controlling shareholdings in TAG Estate
Agents Limited.

During the year TAG Residential Lettings Limited paid management fees of £140,000 (2016 £90,500) to TAG
Estate Agents Limited. At the year end £17,065 (2016 £21,673) was due from Tag Estate Agents Limited.