IRIS Accounts Production v23.3.1.45 07863281 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078632812022-03-31078632812023-03-31078632812022-04-012023-03-31078632812021-03-31078632812021-04-012022-03-31078632812022-03-3107863281ns10:Originalns15:EnglandWales2022-04-012023-03-3107863281ns14:PoundSterlingns10:Original2022-04-012023-03-3107863281ns10:Originalns10:Director12022-04-012023-03-3107863281ns10:Original2022-04-012023-03-3107863281ns10:Original2023-03-3107863281ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3107863281ns10:Originalns10:SmallEntities2022-04-012023-03-3107863281ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3107863281ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3107863281ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3107863281ns10:Originalns10:FullAccounts2022-04-012023-03-3107863281ns10:Original12022-04-012023-03-3107863281ns10:Originalns10:Director22022-04-012023-03-3107863281ns10:Originalns10:RegisteredOffice2022-04-012023-03-3107863281ns10:Original2022-03-3107863281ns10:Originalns5:CurrentFinancialInstruments2023-03-3107863281ns10:Originalns5:CurrentFinancialInstruments2022-03-3107863281ns5:ShareCapitalns10:Original2023-03-3107863281ns5:ShareCapitalns10:Original2022-03-3107863281ns10:Originalns5:CapitalRedemptionReserve2023-03-3107863281ns10:Originalns5:CapitalRedemptionReserve2022-03-3107863281ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3107863281ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3107863281ns10:Originalns5:NetGoodwill2022-04-012023-03-3107863281ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3107863281ns10:Originalns5:FurnitureFittings2022-04-012023-03-3107863281ns10:Originalns5:ComputerEquipment2022-04-012023-03-3107863281ns10:Original2021-04-012022-03-3107863281ns10:Originalns5:NetGoodwill2022-03-3107863281ns10:Originalns5:NetGoodwill2023-03-3107863281ns10:Originalns5:NetGoodwill2022-03-3107863281ns10:Originalns5:LeaseholdImprovements2022-03-3107863281ns10:Originalns5:FurnitureFittings2022-03-3107863281ns10:Originalns5:ComputerEquipment2022-03-3107863281ns10:Original2022-03-3107863281ns10:Originalns5:LeaseholdImprovements2022-04-012023-03-3107863281ns10:Originalns5:LeaseholdImprovements2023-03-3107863281ns10:Originalns5:FurnitureFittings2023-03-3107863281ns10:Originalns5:ComputerEquipment2023-03-3107863281ns10:Originalns5:LeaseholdImprovements2022-03-3107863281ns10:Originalns5:FurnitureFittings2022-03-3107863281ns10:Originalns5:ComputerEquipment2022-03-3107863281ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107863281ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 07863281 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Taylor Fawcett Limited

Taylor Fawcett Limited (Registered number: 07863281)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Taylor Fawcett Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs S E Taylor
C L Farndon





REGISTERED OFFICE: 14 Albert Street
Harrogate
North Yorkshire
HG1 1JT





REGISTERED NUMBER: 07863281 (England and Wales)

Taylor Fawcett Limited (Registered number: 07863281)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 331,675 347,862
331,675 347,862

CURRENT ASSETS
Debtors 6 264,848 245,910
Prepayments and accrued income 32,574 24,361
Cash at bank 140,296 154,732
437,718 425,003
CREDITORS
Amounts falling due within one year 7 172,778 177,648
NET CURRENT ASSETS 264,940 247,355
TOTAL ASSETS LESS CURRENT
LIABILITIES

596,615

595,217

PROVISIONS FOR LIABILITIES 15,510 27,531
NET ASSETS 581,105 567,686

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 50 50
Retained earnings 581,005 567,586
SHAREHOLDERS' FUNDS 581,105 567,686

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.

Taylor Fawcett Limited (Registered number: 07863281)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:





Mrs S E Taylor - Director


Taylor Fawcett Limited (Registered number: 07863281)

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

1. STATUTORY INFORMATION

Taylor Fawcett 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. 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 the value of services and disbursements delivered to clients during the year excluding value added tax.

Work in progress is valued at selling price less costs to completion.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, has been amortised fully over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

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.

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.

Taylor Fawcett Limited (Registered number: 07863281)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 200,000
AMORTISATION
At 1 April 2022
and 31 March 2023 200,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 379,631 14,902 26,172 420,705
Additions 28,349 - - 28,349
Disposals - (56,211 ) - (56,211 )
At 31 March 2023 407,980 (41,309 ) 26,172 392,843
DEPRECIATION
At 1 April 2022 37,963 9,466 25,414 72,843
Charge for year 40,798 2,980 758 44,536
Eliminated on disposal - (56,211 ) - (56,211 )
At 31 March 2023 78,761 (43,765 ) 26,172 61,168
NET BOOK VALUE
At 31 March 2023 329,219 2,456 - 331,675
At 31 March 2022 341,668 5,436 758 347,862

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 264,848 245,910

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 70,019 67,195
Other creditors 102,759 110,453
172,778 177,648

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S E Taylor.