IRIS Accounts Production v23.3.0.418 12965752 Board of Directors 1.4.22 31.3.23 31.3.23 Printing not elsewhere classified false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure129657522022-03-31129657522023-03-31129657522022-04-012023-03-31129657522020-10-20129657522020-10-212022-03-31129657522022-03-3112965752ns16:EnglandWales2022-04-012023-03-3112965752ns15:PoundSterling2022-04-012023-03-3112965752ns11:Director12022-04-012023-03-3112965752ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3112965752ns11:SmallEntities2022-04-012023-03-3112965752ns11:AuditExemptWithAccountantsReport2022-04-012023-03-3112965752ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112965752ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3112965752ns11:FullAccounts2022-04-012023-03-3112965752ns11:OrdinaryShareClass12022-04-012023-03-3112965752ns11:Director22022-04-012023-03-3112965752ns11:Director32022-04-012023-03-3112965752ns11:RegisteredOffice2022-04-012023-03-3112965752ns11:Director42022-04-012023-03-3112965752ns6:RetainedEarningsAccumulatedLosses2022-03-3112965752ns6:RetainedEarningsAccumulatedLosses2020-10-2012965752ns6:RetainedEarningsAccumulatedLosses2023-03-3112965752ns6:RetainedEarningsAccumulatedLosses2022-03-3112965752ns6:CurrentFinancialInstruments2023-03-3112965752ns6:CurrentFinancialInstruments2022-03-3112965752ns6:ShareCapital2023-03-3112965752ns6:ShareCapital2022-03-3112965752ns6:OwnedAssets2022-04-012023-03-3112965752ns6:OwnedAssets2020-10-212022-03-3112965752ns6:PlantMachinery2022-03-3112965752ns6:PlantMachinery2022-04-012023-03-3112965752ns6:PlantMachinery2023-03-3112965752ns6:PlantMachinery2022-03-3112965752ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3112965752ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3112965752ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 12965752 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Tailormade Creative Design Limited

Tailormade Creative Design Limited (Registered number: 12965752)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Report of the Directors 2

Chartered Accountants' Report 3

Statement of Income and Retained Earnings 4

Balance Sheet 5

Notes to the Financial Statements 6


Tailormade Creative Design Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Ms N K S Cris
G J Holmes
P A White





REGISTERED OFFICE: Carr Lane
Low Moor
Bradford
West Yorkshire
BD12 0QY





REGISTERED NUMBER: 12965752 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
3rd Floor
56 Wellington Street
Leeds
West Yorkshire
LS1 2EE

Tailormade Creative Design Limited (Registered number: 12965752)

Report of the Directors
for the Year Ended 31 March 2023

The directors present their report with the financial statements of the company for the year ended 31 March 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2022 to the date of this report.

Ms N K S Cris
G J Holmes
P A White

Other changes in directors holding office are as follows:

C D Moore - resigned 17 August 2022

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P A White - Director


6 October 2023

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Tailormade Creative Design Limited


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tailormade Creative Design Limited for the year ended 31 March 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tailormade Creative Design Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tailormade Creative Design Limited and state those matters that we have agreed to state to the Board of Directors of Tailormade Creative Design Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tailormade Creative Design Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tailormade Creative Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Tailormade Creative Design Limited. You consider that Tailormade Creative Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tailormade Creative Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haines Watts
Chartered Accountants
3rd Floor
56 Wellington Street
Leeds
West Yorkshire
LS1 2EE


Date: .............................................

Tailormade Creative Design Limited (Registered number: 12965752)

Statement of Income and Retained Earnings
for the Year Ended 31 March 2023

Period
21/10/20
Year Ended to
31/3/23 31/3/22
Notes £    £   

TURNOVER 3,355,893 3,056,274

Cost of sales 2,493,892 2,374,893
GROSS PROFIT 862,001 681,381

Administrative expenses 881,944 1,435,282
OPERATING LOSS 5 (19,943 ) (753,901 )


Interest payable and similar expenses - 19
LOSS BEFORE TAXATION (19,943 ) (753,920 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (19,943 ) (753,920 )

Retained earnings at beginning of year (753,920 ) -

RETAINED EARNINGS AT END OF
YEAR

(773,863

)

(753,920

)

Tailormade Creative Design Limited (Registered number: 12965752)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 1,705 1

CURRENT ASSETS
Stocks 12,950 4,519
Debtors 7 27,003 148,502
Cash at bank and in hand 626,741 319,462
666,694 472,483
CREDITORS
Amounts falling due within one year 8 1,442,162 1,226,304
NET CURRENT LIABILITIES (775,468 ) (753,821 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(773,763

)

(753,820

)

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (773,863 ) (753,920 )
SHAREHOLDERS' FUNDS (773,763 ) (753,820 )

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by:





P A White - Director


Tailormade Creative Design Limited (Registered number: 12965752)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Tailormade Creative Design 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

GOING CONCERN
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current uncertain wider economic conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and account.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Tailormade Creative Design Limited (Registered number: 12965752)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. ACCOUNTING POLICIES - continued

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 paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Interest income
Interest income is recognised in the statement of comprehensive income in the period in which it is received.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from the banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2022 - 21 ) .

5. OPERATING LOSS

The operating loss is stated after charging:

Period
21/10/20
Year Ended to
31/3/23 31/3/22
£    £   
Depreciation - owned assets 568 -

Tailormade Creative Design Limited (Registered number: 12965752)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 1
Additions 2,272
At 31 March 2023 2,273
DEPRECIATION
Charge for year 568
At 31 March 2023 568
NET BOOK VALUE
At 31 March 2023 1,705
At 31 March 2022 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 14,034 89,364
Other debtors 12,969 59,138
27,003 148,502

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,245,182 931,922
Taxation and social security 30,293 37,391
Other creditors 166,687 256,991
1,442,162 1,226,304

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
100 Share capital 1 1 100 100

10. RELATED PARTY DISCLOSURES

In accordance with the exemption allowed by FRS 102, no disclosures are made of transactions with other wholly owned member companies.

Included within creditors at the year end is a balance of £Nil(2022: £106,570) owed to a related company. The two companies are related because of common ownership and management.

No further transactions with related parties took place as are required to be reported under FRS 102.