Company registration number 12804587 (England and Wales)
TAYLORED ADVICE GROUP 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 ADVICE GROUP LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 5
TAYLORED ADVICE GROUP LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mrs C A Taylor
Mr J E Taylor
Company number
12804587
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 ADVICE GROUP LIMITED
BALANCE SHEET
AS AT
29 FEBRUARY 2024
29 February 2024
- 2 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
4
496,224
703,706
Cash at bank and in hand
42,580
73,117
538,804
776,823
Creditors: amounts falling due within one year
5
(275,171)
(317,818)
Net current assets
263,633
459,005
Creditors: amounts falling due after more than one year
6
(263,632)
(461,464)
Net assets/(liabilities)
1
(2,459)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
-
0
(2,460)
Total equity
1
(2,459)
TAYLORED ADVICE GROUP 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. 12804587
TAYLORED ADVICE GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
- 4 -
1
Accounting policies
Company information

Taylored Advice Group 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, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
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.

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.

 

TAYLORED ADVICE GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 FEBRUARY 2024
- 5 -
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
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
-
0
2,100
Other debtors
496,224
701,606
496,224
703,706
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
222,647
222,647
Trade creditors
42,962
66,799
Other creditors
9,562
28,372
275,171
317,818
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
263,632
461,464
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