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REGISTERED NUMBER: 07071610 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Taylor E, C & I Limited

Taylor E, C & I Limited (Registered number: 07071610)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Taylor E, C & I Limited

Company Information
for the year ended 30 November 2023







DIRECTOR: A M Taylor





REGISTERED OFFICE: 26 Bordeaux Close
Northfield Green
Doxford Park
Sunderland
Tyne and Wear
SR3 2SR





REGISTERED NUMBER: 07071610 (England and Wales)





ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG

Taylor E, C & I Limited (Registered number: 07071610)

Statement of Financial Position
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,132 14,004

CURRENT ASSETS
Debtors 5 3,699 3,149
Cash at bank 98,770 80,308
102,469 83,457
CREDITORS
Amounts falling due within one year 6 66,942 47,939
NET CURRENT ASSETS 35,527 35,518
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,659

49,522

CREDITORS
Amounts falling due after more than one
year

7

(10,000

)

(15,000

)

PROVISIONS FOR LIABILITIES (104 ) (223 )
NET ASSETS 35,555 34,299

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 35,455 34,199
SHAREHOLDERS' FUNDS 35,555 34,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 E, C & I Limited (Registered number: 07071610)

Statement of Financial Position - continued
30 November 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2024 and were signed by:





A M Taylor - Director


Taylor E, C & I Limited (Registered number: 07071610)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Taylor E, C & I 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.

The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider to be appropriate.

Turnover
Turnover 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.
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2022 - 1 ) .

Taylor E, C & I Limited (Registered number: 07071610)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022 22,749 2,413 25,162
Additions - 159 159
At 30 November 2023 22,749 2,572 25,321
DEPRECIATION
At 1 December 2022 9,918 1,240 11,158
Charge for year 3,207 824 4,031
At 30 November 2023 13,125 2,064 15,189
NET BOOK VALUE
At 30 November 2023 9,624 508 10,132
At 30 November 2022 12,831 1,173 14,004

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,312 2,700
Other debtors 387 449
3,699 3,149

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,000 5,000
Taxation and social security 14,090 15,359
Other creditors 47,852 27,580
66,942 47,939

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 10,000 15,000