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REGISTERED NUMBER: 07444264 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Taylor Williams Daley Limited

Taylor Williams Daley Limited (Registered number: 07444264)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Taylor Williams Daley Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: M R Williams Bsc FRICS
C C Daley





REGISTERED OFFICE: 74 South Street
Dorking
Surrey
RH4 2HD





REGISTERED NUMBER: 07444264 (England and Wales)





ACCOUNTANTS: Bullimores LLP
Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

Taylor Williams Daley Limited (Registered number: 07444264)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 84,000 96,000
Tangible assets 5 911 2,060
84,911 98,060

CURRENT ASSETS
Debtors 6 89,661 90,618
Cash at bank and in hand 431 43,747
90,092 134,365
CREDITORS
Amounts falling due within one year 7 80,379 72,339
NET CURRENT ASSETS 9,713 62,026
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,624

160,086

CREDITORS
Amounts falling due after more than one year 8 23,162 33,128
NET ASSETS 71,462 126,958

CAPITAL AND RESERVES
Called up share capital 19 19
Other reserves 1 1
Retained earnings 71,442 126,938
SHAREHOLDERS' FUNDS 71,462 126,958

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

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

Taylor Williams Daley Limited (Registered number: 07444264)

Balance Sheet - continued
30 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:





C C Daley - Director


Taylor Williams Daley Limited (Registered number: 07444264)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Taylor Williams Daley 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 50% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Taylor Williams Daley Limited (Registered number: 07444264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

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 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 239,997
AMORTISATION
At 1 December 2022 143,997
Charge for year 12,000
At 30 November 2023 155,997
NET BOOK VALUE
At 30 November 2023 84,000
At 30 November 2022 96,000

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022
and 30 November 2023 1,985 5,032 26,662 33,679
DEPRECIATION
At 1 December 2022 1,985 5,030 24,604 31,619
Charge for year - 2 1,147 1,149
At 30 November 2023 1,985 5,032 25,751 32,768
NET BOOK VALUE
At 30 November 2023 - - 911 911
At 30 November 2022 - 2 2,058 2,060

Taylor Williams Daley Limited (Registered number: 07444264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. DEBTORS
30.11.23 30.11.22
£    £   
Amounts falling due within one year:
Trade debtors 35,113 40,103
Other debtors 4,584 2,158
Directors' current accounts 31,525 33,666
Tax 4,238 -
Prepayments 2,854 3,344
78,314 79,271

Amounts falling due after more than one year:
Tax 11,347 11,347

Aggregate amounts 89,661 90,618

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 35,126 18,138
Trade creditors 3,067 2,598
Tax - 19,120
Social security and other taxes 7,697 -
VAT 20,859 23,456
Other creditors 640 324
Directors' current accounts - 1,344
Accrued expenses 12,990 7,359
80,379 72,339

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 2-5 years 23,162 33,128

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.11.23 30.11.22
£    £   
Within one year 9,948 14,448
Between one and five years 13,619 23,567
23,567 38,015

Taylor Williams Daley Limited (Registered number: 07444264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

10. SECURED DEBTS

Under a debenture dated 13 April 2011, National Westminster Bank holds a fixed and floating charge over the company and its assets.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
M R Williams Bsc FRICS
Balance outstanding at start of year 19,793 19,084
Amounts advanced - 2,449
Amounts repaid (1,175 ) (1,740 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 18,618 19,793

C C Daley
Balance outstanding at start of year 13,873 8,569
Amounts advanced - 7,044
Amounts repaid (966 ) (1,740 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,907 13,873

12. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.