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REGISTERED NUMBER: 11390478 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st May 2023

for

TAYLOR BESPOKE LIMITED

TAYLOR BESPOKE LIMITED (Registered number: 11390478)






Contents of the Financial Statements
for the Year Ended 31st May 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

TAYLOR BESPOKE LIMITED

Company Information
for the Year Ended 31st May 2023







DIRECTOR: D A TAYLOR





REGISTERED OFFICE: Unit 2 Tysea Hill Farm, Murthering Lane
Stapleford Abbotts
Essex
RM4 1JT





REGISTERED NUMBER: 11390478 (England and Wales)





ACCOUNTANTS: JV Accountants
75 Western Road
Southall
UB2 5HQ

TAYLOR BESPOKE LIMITED (Registered number: 11390478)

Statement of Financial Position
31st May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 180,301 173,069

CURRENT ASSETS
Debtors 5 174,050 275,313
Investments 6 50,000 50,000
Cash at bank 217,361 1,629
441,411 326,942
CREDITORS
Amounts falling due within one year 7 110,638 190,152
NET CURRENT ASSETS 330,773 136,790
TOTAL ASSETS LESS CURRENT
LIABILITIES

511,074

309,859

CREDITORS
Amounts falling due after more than
one year

8

78,091

78,708
NET ASSETS 432,983 231,151

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 432,883 231,051
432,983 231,151

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 BESPOKE LIMITED (Registered number: 11390478)

Statement of Financial Position - continued
31st May 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 12th February 2024 and were signed by:





D A TAYLOR - Director


TAYLOR BESPOKE LIMITED (Registered number: 11390478)

Notes to the Financial Statements
for the Year Ended 31st May 2023

1. STATUTORY INFORMATION

TAYLOR BESPOKE 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.

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 - 10% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 20% on cost

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.

TAYLOR BESPOKE LIMITED (Registered number: 11390478)

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

2. ACCOUNTING POLICIES - continued

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 9 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2022 221,462
Additions 29,098
At 31st May 2023 250,560
DEPRECIATION
At 1st June 2022 48,393
Charge for year 21,866
At 31st May 2023 70,259
NET BOOK VALUE
At 31st May 2023 180,301
At 31st May 2022 173,069

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors - 77,254
Other debtors 163,412 163,412
Directors' current accounts - 25,878
Prepayments 10,638 8,769
174,050 275,313

TAYLOR BESPOKE LIMITED (Registered number: 11390478)

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

6. CURRENT ASSET INVESTMENTS
31.5.23 31.5.22
£    £   
Listed investments 50,000 50,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 7,805 23,313
Trade creditors 2 22,301
Tax 52,841 59,974
Social security and other taxes 12,636 27,736
VAT 34,970 53,540
Other creditors - 3,288
Directors' current accounts 2,384 -
110,638 190,152

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans - 2-5 years 78,091 78,708

TAYLOR BESPOKE LIMITED

Report of the Accountants to the Director of
TAYLOR BESPOKE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31st May 2023 set out on pages one to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






JV Accountants
75 Western Road
Southall
UB2 5HQ


Date: .............................................