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REGISTERED NUMBER: 12353294 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Taurus Management Group Ltd

Taurus Management Group Ltd (Registered number: 12353294)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Taurus Management Group Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J R Owen
Mrs Y Owen





SECRETARY: Mrs Y Owen





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 12353294 (England and Wales)





ACCOUNTANTS: Graeme Bruce & Partners LLP
940 Green Lanes
London
N21 2AD

Taurus Management Group Ltd (Registered number: 12353294)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,148,712 1,148,712

CURRENT ASSETS
Cash at bank 22,019 12,702

CREDITORS
Amounts falling due within one year 5 374,372 365,972
NET CURRENT LIABILITIES (352,353 ) (353,270 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

796,359

795,442

CREDITORS
Amounts falling due after more than one
year

6

723,530

723,530
NET ASSETS 72,829 71,912

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 72,827 71,910
72,829 71,912

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Taurus Management Group Ltd (Registered number: 12353294)

Balance Sheet - continued
31 December 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 16 April 2024 and were signed on its behalf by:




J R Owen - Director



Mrs Y Owen - Director


Taurus Management Group Ltd (Registered number: 12353294)

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

1. STATUTORY INFORMATION

Taurus Management Group Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 January 2023
and 31 December 2023 1,148,712
NET BOOK VALUE
At 31 December 2023 1,148,712
At 31 December 2022 1,148,712

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1 1
Taxation and social security 215 16,006
Other creditors 374,156 349,965
374,372 365,972

Taurus Management Group Ltd (Registered number: 12353294)

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

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 723,530 723,530

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 723,530 723,530

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Other Loans 723,530 723,530

The Mortgage Works (UK) PLC holds a charge over the asset 28 Mortimer Gate , Thomas Rochford Way , Herts EN8 0XG.

The Mortgage Works (UK) PLC holds a charge over the asset 25 Mortimer Gate , Thomas Rochford Way ,
Herts EN8 0XG.

The Mortgage Works (UK) PLC holds a charge over the asset 4 Cromwell Road , Cheshunt , Herts EN7 6AS.

Paratus AMC Ltd holds a charge over the asset 13 Whaley Road , Potters Bar , Herts EN6 2RA.