IRIS Accounts Production v24.1.0.578 07839795 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078397952022-11-30078397952023-11-30078397952022-12-012023-11-30078397952021-11-30078397952021-12-012022-11-30078397952022-11-3007839795ns15:EnglandWales2022-12-012023-11-3007839795ns14:PoundSterling2022-12-012023-11-3007839795ns10:Director12022-12-012023-11-3007839795ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3007839795ns10:SmallEntities2022-12-012023-11-3007839795ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3007839795ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3007839795ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3007839795ns10:FullAccounts2022-12-012023-11-3007839795ns10:EntityHasNeverTraded2022-12-012023-11-3007839795ns10:Director22022-12-012023-11-3007839795ns10:CompanySecretary12022-12-012023-11-3007839795ns10:RegisteredOffice2022-12-012023-11-3007839795ns5:CurrentFinancialInstruments2023-11-3007839795ns5:CurrentFinancialInstruments2022-11-3007839795ns5:ShareCapital2023-11-3007839795ns5:ShareCapital2022-11-3007839795ns5:RetainedEarningsAccumulatedLosses2023-11-3007839795ns5:RetainedEarningsAccumulatedLosses2022-11-3007839795ns5:PlantMachinery2022-12-012023-11-3007839795ns5:FurnitureFittings2022-12-012023-11-3007839795ns5:ComputerEquipment2022-12-012023-11-3007839795ns5:PlantMachinery2022-11-3007839795ns5:FurnitureFittings2022-11-3007839795ns5:ComputerEquipment2022-11-3007839795ns5:PlantMachinery2023-11-3007839795ns5:FurnitureFittings2023-11-3007839795ns5:ComputerEquipment2023-11-3007839795ns5:PlantMachinery2022-11-3007839795ns5:FurnitureFittings2022-11-3007839795ns5:ComputerEquipment2022-11-30
REGISTERED NUMBER: 07839795 (England and Wales)















STEWART TAYLOR GENERATOR SPECIALIST
LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023






STEWART TAYLOR GENERATOR SPECIALIST
LIMITED (REGISTERED NUMBER: 07839795)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STEWART TAYLOR GENERATOR SPECIALIST
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: S D Taylor
Y Y Qu





SECRETARY: S D Taylor





REGISTERED OFFICE: Central Chambers
45-47 Albert Street
Rugby
Warwickshire
CV21 2SG





REGISTERED NUMBER: 07839795 (England and Wales)





ACCOUNTANTS: Atkinson Finch & Co
Chartered Accountants
Central Chambers
45-47 Albert Street
Rugby
Warwickshire
CV21 2SG

STEWART TAYLOR GENERATOR SPECIALIST
LIMITED (REGISTERED NUMBER: 07839795)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,274 1,081

CURRENT ASSETS
Debtors 5 12,554 10,752
Cash at bank 43,559 77,145
56,113 87,897
CREDITORS
Amounts falling due within one year 6 35,251 42,463
NET CURRENT ASSETS 20,862 45,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,136

46,515

PROVISIONS FOR LIABILITIES 242 205
NET ASSETS 21,894 46,310

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 21,794 46,210
SHAREHOLDERS' FUNDS 21,894 46,310

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

STEWART TAYLOR GENERATOR SPECIALIST
LIMITED (REGISTERED NUMBER: 07839795)

BALANCE SHEET - continued
30TH 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 Board of Directors and authorised for issue on 22nd April 2024 and were signed on its behalf by:





S D Taylor - Director


STEWART TAYLOR GENERATOR SPECIALIST
LIMITED (REGISTERED NUMBER: 07839795)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Stewart Taylor Generator Specialist 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.

Significant judgements and estimates
There are no significant judgements that have a material effect on the accounts nor any accounting estimates that have a high risk of causing a material adjustment in a future accounting period.

Turnover
Turnover represents the invoiced value of services provided, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tools and equipment - 25% on reducing balance
Office equipment - 25% on reducing balance
Computer equipment - 25% 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 2 (2022 - 2 ) .

STEWART TAYLOR GENERATOR SPECIALIST
LIMITED (REGISTERED NUMBER: 07839795)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Tools and Office Computer
equipment equipment equipment Totals
£    £    £    £   
COST
At 1st December 2022 500 2,397 868 3,765
Additions - 733 - 733
At 30th November 2023 500 3,130 868 4,498
DEPRECIATION
At 1st December 2022 433 1,708 543 2,684
Charge for year 17 355 168 540
At 30th November 2023 450 2,063 711 3,224
NET BOOK VALUE
At 30th November 2023 50 1,067 157 1,274
At 30th November 2022 67 689 325 1,081

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,554 10,752

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax payable 5,956 7,525
Social security and other taxes 4,977 5,862
Directors' current accounts 23,128 27,961
Accrued expenses 1,190 1,115
35,251 42,463