Taylor FTS Limited Filleted Accounts Cover
Taylor FTS Limited
Company No. 06064131
Information for Filing with The Registrar
31 January 2023
Taylor FTS Limited Directors Report Registrar
The Director presents her report and the accounts for the year ended 31 January 2023.
Principal activities
The principal activity of the company during the year under review was education and consulting.
Director
The Director who served at any time during the year was as follows:
M. Taylor
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
M. Taylor
Director
10 October 2023
Taylor FTS Limited Balance Sheet Registrar
at
31 January 2023
Company No.
06064131
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
--
Current assets
Cash at bank and in hand
2626
2626
Creditors: Amount falling due within one year
5
(468)
(478)
Net current liabilities
(442)
(452)
Total assets less current liabilities
(442)
(452)
Creditors: Amounts falling due after more than one year
6
(3,757)
(3,548)
Net liabilities
(4,199)
(4,000)
Capital and reserves
Called up share capital
11
Profit and loss account
7
(4,200)
(4,001)
Total equity
(4,199)
(4,000)
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 January 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 10 October 2023
And signed on its behalf by:
M. Taylor
Director
10 October 2023
Taylor FTS Limited Notes to the Accounts Registrar
for the year ended 31 January 2023
1
General information
Taylor FTS Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 06064131
Its registered office is:
Briarways 35 Coal Pit Lane
Coton in the Elms
Swadlincote
Derbyshire
DE12 8EX
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
33% Reducing balance
Furniture, fittings and equipment
15% Reducing balance
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
00
4
Tangible fixed assets
Plant and machinery
Fixtures, fittings and equipment
Total
£
£
£
Cost or revaluation
At 1 February 2022
1,2966601,956
At 31 January 2023
1,2966601,956
Depreciation
At 1 February 2022
1,2966601,956
At 31 January 2023
1,2966601,956
Net book values
At 31 January 2023
---
At 31 January 2022
-
-
-
5
Creditors:
amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
256256
Taxes and social security
12
12
Accruals and deferred income
200210
468478
6
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Other creditors
3,7573,548
3,7573,548
7
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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