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REGISTERED NUMBER: 04423096 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 December 2023

for

Tailormade Financial Services Limited

Tailormade Financial Services Limited (Registered number: 04423096)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tailormade Financial Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: C P Wiggins





REGISTERED OFFICE: The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE





BUSINESS ADDRESS: Suite 7 Bowling Hill Business Park
Quarry Road
Chipping Sodbury
Bristol
BS37 6JL





REGISTERED NUMBER: 04423096 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

Tailormade Financial Services Limited (Registered number: 04423096)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,766 2,356
1,766 2,356

CURRENT ASSETS
Debtors 6 3,525 3,150
Cash at bank 25,282 26,613
28,807 29,763
CREDITORS
Amounts falling due within one year 7 9,577 9,535
NET CURRENT ASSETS 19,230 20,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,996

22,584

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 20,995 22,583
SHAREHOLDERS' FUNDS 20,996 22,584

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 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.

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 director and authorised for issue on 7 February 2024 and were signed by:





C P Wiggins - Director


Tailormade Financial Services Limited (Registered number: 04423096)

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

1. STATUTORY INFORMATION

Tailormade Financial 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

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

Tailormade Financial Services Limited (Registered number: 04423096)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 19,261
DEPRECIATION
At 1 January 2023 16,905
Charge for year 590
At 31 December 2023 17,495
NET BOOK VALUE
At 31 December 2023 1,766
At 31 December 2022 2,356

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,525 3,150

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 8,257 8,275
Other creditors 1,320 1,260
9,577 9,535

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
C P Wiggins
Balance outstanding at start of year 3,150 1,373
Amounts advanced 3,525 3,150
Amounts repaid (3,150 ) (1,373 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,525 3,150

The above loan is unsecured, interest free and was repaid after the year end.