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Company Registration No. 11649482 (England and Wales)
Tailor Services Ltd Unaudited accounts for the year ended 31 October 2023
Tailor Services Ltd Unaudited accounts Contents
Page
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Tailor Services Ltd Company Information for the year ended 31 October 2023
Director
Aamir Tailor
Company Number
11649482 (England and Wales)
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Tailor Services Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
280,000 
80,000 
Tangible assets
37,362 
45,511 
317,362 
125,511 
Current assets
Cash at bank and in hand
15,475 
4,071 
Creditors: amounts falling due within one year
(272,527)
(94,204)
Net current liabilities
(257,052)
(90,133)
Net assets
60,310 
35,378 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
60,210 
35,278 
Shareholders' funds
60,310 
35,378 
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 director acknowledges his 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 and authorised for issue on 21 November 2023 and were signed on its behalf by
Aamir Tailor Director Company Registration No. 11649482
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Tailor Services Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Tailor Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11649482.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
80,000 
Additions
200,000 
At 31 October 2023
280,000 
Amortisation
At 1 November 2022
- 
At 31 October 2023
- 
Net book value
At 31 October 2023
280,000 
At 31 October 2022
80,000 
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Tailor Services Ltd Notes to the Accounts for the year ended 31 October 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
45,190 
16,087 
61,277 
Additions
- 
1,191 
1,191 
At 31 October 2023
45,190 
17,278 
62,468 
Depreciation
At 1 November 2022
9,038 
6,728 
15,766 
Charge for the year
7,230 
2,110 
9,340 
At 31 October 2023
16,268 
8,838 
25,106 
Net book value
At 31 October 2023
28,922 
8,440 
37,362 
At 31 October 2022
36,152 
9,359 
45,511 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
29,460 
35,456 
Taxes and social security
6,660 
- 
Loans from directors
235,987 
58,328 
Accruals
420 
420 
272,527 
94,204 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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