Company registration number 09975935 (England and Wales)
TAYLORED GROUP HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
29 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
TAYLORED GROUP HOLDINGS LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 6
TAYLORED GROUP HOLDINGS LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mrs C A Taylor
Mr J E Taylor
Company number
09975935
Registered office
26 City Business Centre
Hyde Street
Winchester
Hampshire
England
SO23 7TA
Accountants
TC Group
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
TAYLORED GROUP HOLDINGS LIMITED
BALANCE SHEET
AS AT
29 FEBRUARY 2024
29 February 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
4
2,909,763
2,909,763
Current assets
Debtors
5
1,624,072
1,760,959
Cash at bank and in hand
8,410
23,301
1,632,482
1,784,260
Creditors: amounts falling due within one year
6
(1,852,122)
(2,232,658)
Net current liabilities
(219,640)
(448,398)
Total assets less current liabilities
2,690,123
2,461,365
Creditors: amounts falling due after more than one year
7
(263,265)
(460,491)
Net assets
2,426,858
2,000,874
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
2,426,758
2,000,774
Total equity
2,426,858
2,000,874
TAYLORED GROUP HOLDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
29 FEBRUARY 2024
29 February 2024
- 3 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 12 August 2024 and are signed on its behalf by:
Mr J E Taylor
Director
Company Registration No. 09975935
TAYLORED GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
- 4 -
1
Accounting policies
Company information

Taylored Group Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 26 City Business Centre, Hyde Street, Winchester, Hampshire, England, SO23 7TA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

TAYLORED GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
- 5 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

 

In the opinion of the directors there are no significant judgements or areas of estimation uncertainty.

 

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
4
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
2,909,763
2,909,763
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1
-
0
Amounts owed by group undertakings and undertakings in which the company has a participating interest
949,586
842,490
Other debtors
294,310
512,726
1,243,897
1,355,216
2024
2023
TAYLORED GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
5
Debtors
(Continued)
- 6 -
Amounts falling due after more than one year:
£
£
Other debtors
380,175
405,743
Total debtors
1,624,072
1,760,959
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
0
2,100
Amounts owed to group undertakings and undertakings in which the company has a participating interest
495,047
673,749
Other creditors
1,357,075
1,556,809
1,852,122
2,232,658
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
263,265
460,491
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