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REGISTERED NUMBER: 10631646 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 28th February 2023

for

TAYGO MACONDO INVESTMENTS LTD

TAYGO MACONDO INVESTMENTS LTD (REGISTERED NUMBER: 10631646)






Contents of the Financial Statements
for the year ended 28th February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

TAYGO MACONDO INVESTMENTS LTD

Company Information
for the year ended 28th February 2023







DIRECTORS: Mrs A J Taylor Gonzalez
F J Gonzalez Novoa





REGISTERED OFFICE: 25 Hartley Hill
Purley
Surrey
CR8 4EP





REGISTERED NUMBER: 10631646 (England and Wales)





ACCOUNTANTS: Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN

TAYGO MACONDO INVESTMENTS LTD (REGISTERED NUMBER: 10631646)

Statement of Financial Position
28th February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - -
Investment property 5 215,000 215,000
215,000 215,000

CURRENT ASSETS
Debtors 6 7,735 7,735
Cash at bank 2,401 4,544
10,136 12,279
CREDITORS
Amounts falling due within one year 7 110,687 110,689
NET CURRENT LIABILITIES (100,551 ) (98,410 )
TOTAL ASSETS LESS CURRENT LIABILITIES 114,449 116,590

CREDITORS
Amounts falling due after more than one
year

8

145,133

147,833
NET LIABILITIES (30,684 ) (31,243 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (30,784 ) (31,343 )
SHAREHOLDERS' FUNDS (30,684 ) (31,243 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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.

TAYGO MACONDO INVESTMENTS LTD (REGISTERED NUMBER: 10631646)

Statement of Financial Position - continued
28th February 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th November 2023 and were signed on its behalf by:





F J Gonzalez Novoa - Director


TAYGO MACONDO INVESTMENTS LTD (REGISTERED NUMBER: 10631646)

Notes to the Financial Statements
for the year ended 28th February 2023

1. STATUTORY INFORMATION

Taygo Macondo Investments Ltd 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 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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Revenue 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.
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

TAYGO MACONDO INVESTMENTS LTD (REGISTERED NUMBER: 10631646)

Notes to the Financial Statements - continued
for the year ended 28th February 2023

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1st March 2022
and 28th February 2023 1,280
DEPRECIATION
At 1st March 2022
and 28th February 2023 1,280
NET BOOK VALUE
At 28th February 2023 -
At 28th February 2022 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st March 2022
and 28th February 2023 215,000
NET BOOK VALUE
At 28th February 2023 215,000
At 28th February 2022 215,000

Fair value at 28th February 2023 is represented by:
£   
Valuation in 2020 (40,713 )
Cost 255,713
215,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Deferred tax 7,735 7,735

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 8,377 8,377
Tax 1,068 552
Directors' current accounts 98,528 99,082
Accruals and deferred income 2,714 2,678
110,687 110,689

TAYGO MACONDO INVESTMENTS LTD (REGISTERED NUMBER: 10631646)

Notes to the Financial Statements - continued
for the year ended 28th February 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans - 1-2 years 8,377 8,377
Bank loans - 2-5 years 16,861 25,130
Bank loans over 5 yrs 119,895 114,326
145,133 147,833

Amounts falling due in more than five years:

Repayable by instalments
Bank loans over 5 yrs 119,895 114,326

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Taygo Macondo Investments Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Taygo Macondo Investments Ltd for the year ended 28th February 2023 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity 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 Taygo Macondo Investments Ltd, 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 Taygo Macondo Investments Ltd and state those matters that we have agreed to state to the Board of Directors of Taygo Macondo Investments Ltd, 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 Taygo Macondo Investments Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Taygo Macondo Investments Ltd 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 profit of Taygo Macondo Investments Ltd. You consider that Taygo Macondo Investments Ltd 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 Taygo Macondo Investments Ltd. 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.






Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN


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