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Company Registration No. 8114723 (England and Wales)
Tailor Enterprise Limited Unaudited accounts for the year ended 30 June 2023
Tailor Enterprise Limited Unaudited accounts Contents
Page
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Tailor Enterprise Limited Company Information for the year ended 30 June 2023
Directors
S H Tailor S H Tailor
Company Number
8114723 (England and Wales)
Registered Office
170 SQUIRES LANE LONDON N3 2QT
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Tailor Enterprise Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
29,400 
14,700 
Tangible assets
10,012 
8,437 
39,412 
23,137 
Current assets
Inventories
3,000 
3,000 
Debtors
10,843 
3,398 
Cash at bank and in hand
45,671 
84,827 
59,514 
91,225 
Creditors: amounts falling due within one year
(5,690)
(6,124)
Net current assets
53,824 
85,101 
Total assets less current liabilities
93,236 
108,238 
Creditors: amounts falling due after more than one year
(41,613)
(41,613)
Net assets
51,623 
66,625 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
51,619 
66,621 
Shareholders' funds
51,623 
66,625 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 June 2024 and were signed on its behalf by
S H Tailor Director Company Registration No. 8114723
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Tailor Enterprise Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Tailor Enterprise Limited is a private company, limited by shares, registered in England and Wales, registration number 8114723. The registered office is 170 SQUIRES LANE, LONDON, N3 2QT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Fixtures & fittings
15%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
147,000 
At 30 June 2023
147,000 
Amortisation
At 1 July 2022
132,300 
Charge for the year
(14,700)
At 30 June 2023
117,600 
Net book value
At 30 June 2023
29,400 
At 30 June 2022
14,700 
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Tailor Enterprise Limited Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
29,573 
10,516 
40,089 
At 30 June 2023
29,573 
10,516 
40,089 
Depreciation
At 1 July 2022
23,371 
8,281 
31,652 
Charge for the year
(1,240)
(335)
(1,575)
At 30 June 2023
22,131 
7,946 
30,077 
Net book value
At 30 June 2023
7,442 
2,570 
10,012 
At 30 June 2022
6,202 
2,235 
8,437 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
3,398 
Amounts falling due after more than one year
Accrued income and prepayments
8,638 
- 
Other debtors
2,205 
- 
10,843 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,375 
1,846 
Taxes and social security
1,238 
1,021 
Accruals
1,077 
3,257 
5,690 
6,124 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
41,613 
41,613 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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