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REGISTERED NUMBER: 05697306 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: J I Taylor
H P MacFarlane





REGISTERED OFFICE: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP





REGISTERED NUMBER: 05697306 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,162 4,348

CURRENT ASSETS
Debtors 5 41,273 44,955
Cash at bank 7,165 6,170
48,438 51,125
CREDITORS
Amounts falling due within one year 6 13,350 25,543
NET CURRENT ASSETS 35,088 25,582
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,250

29,930

PROVISIONS FOR LIABILITIES 7 221 826
NET ASSETS 36,029 29,104

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 36,026 29,101
SHAREHOLDERS' FUNDS 36,029 29,104

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by:





J I Taylor - Director


TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Taylor Made Project Management Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents revenue recognised in the accounts excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Bicycle - 25% on cost
Computer equipment - 33.3% straight line

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. EMPLOYEES AND DIRECTORS

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

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings Bicycle equipment Totals
£    £    £    £   
COST
At 1 March 2022
and 28 February 2023 683 3,352 11,737 15,772
DEPRECIATION
At 1 March 2022 342 2,666 8,416 11,424
Charge for year 170 255 2,761 3,186
At 28 February 2023 512 2,921 11,177 14,610
NET BOOK VALUE
At 28 February 2023 171 431 560 1,162
At 28 February 2022 341 686 3,321 4,348

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 10,488
Other debtors 41,273 34,467
41,273 44,955

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 12,650 24,843
Other creditors 700 700
13,350 25,543

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 221 826

Deferred
tax
£   
Balance at 1 March 2022 826
Movement during the year (605 )
Balance at 28 February 2023 221

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
J I Taylor
Balance outstanding at start of year 7,016 (822 )
Amounts advanced 7,007 16,976
Amounts repaid (7,069 ) (9,138 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,954 7,016

9. RELATED PARTY DISCLOSURES

During the year Taylor Made Project Management Services Limited made a loan to Taylormade Cars Limited of which £58,040 was outstanding at the year end. J Taylor is a Director and shareholder of both companies.

10. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of J Taylor and H P MacFarlane, the directors and shareholders of the company.