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Company Registration No. 11014711 (England and Wales)
Taylor & Long Plumbing & Heating Ltd Unaudited accounts for the year ended 31 October 2023
Taylor & Long Plumbing & Heating Ltd Unaudited accounts Contents
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Taylor & Long Plumbing & Heating Ltd Company Information for the year ended 31 October 2023
Directors
Rebecca Long Gary Taylor
Company Number
11014711 (England and Wales)
Registered Office
Unit 32 Pondacre Farm Yarmouth Road Newport Isle of Wight PO30 4LZ
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Taylor & Long Plumbing & Heating Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
6,000 
6,000 
Debtors
30,687 
37,901 
Cash at bank and in hand
48,393 
70,454 
85,080 
114,355 
Creditors: amounts falling due within one year
(67,878)
(71,684)
Net current assets
17,202 
42,671 
Net assets
17,202 
42,671 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
17,102 
42,571 
Shareholders' funds
17,202 
42,671 
For the year ending 31 October 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 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Rebecca Long Director Company Registration No. 11014711
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Taylor & Long Plumbing & Heating Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Taylor & Long Plumbing & Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 11014711. The registered office is Unit 32 Pondacre Farm, Yarmouth Road, Newport, Isle of Wight, PO30 4LZ.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 Years Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2022
8,500 
At 31 October 2023
8,500 
Depreciation
At 1 November 2022
8,500 
At 31 October 2023
8,500 
Net book value
At 31 October 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
26,709 
37,190 
Accrued income and prepayments
2,431 
- 
Other debtors
1,547 
711 
30,687 
37,901 
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Taylor & Long Plumbing & Heating Ltd Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,564 
7,568 
Trade creditors
48,169 
51,229 
Taxes and social security
3,928 
11,511 
Loans from directors
9,492 
651 
Accruals
725 
725 
67,878 
71,684 
7
Average number of employees
During the year the average number of employees was 4 (2022: 3).
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