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REGISTERED NUMBER: 01576972 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Cox & Taylor Limited

Cox & Taylor Limited (Registered number: 01576972)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cox & Taylor Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: M R Taylor
Mrs J E Taylor
N C Taylor





SECRETARY: Mrs J E Taylor





REGISTERED OFFICE: 89 Southover Street
Brighton
East Sussex
BN2 2UE





REGISTERED NUMBER: 01576972 (England and Wales)





ACCOUNTANTS: AJ Wheeler Limited
338 London Road
Portsmouth
Hampshire
PO2 9JY

Cox & Taylor Limited (Registered number: 01576972)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,496 1,923

CURRENT ASSETS
Stocks 1,275 1,275
Debtors 5 52,824 53,885
Cash at bank 39,888 29,235
93,987 84,395
CREDITORS
Amounts falling due within one year 6 20,602 23,562
NET CURRENT ASSETS 73,385 60,833
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,881

62,756

PROVISIONS FOR LIABILITIES 609 609
NET ASSETS 74,272 62,147

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 74,172 62,047
SHAREHOLDERS' FUNDS 74,272 62,147

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.

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 30 August 2024 and were signed on its behalf by:





Mrs J E Taylor - Director


Cox & Taylor Limited (Registered number: 01576972)

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

1. STATUTORY INFORMATION

Cox & Taylor 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Cox & Taylor Limited (Registered number: 01576972)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 10,350
DEPRECIATION
At 1 December 2022 8,427
Charge for year 427
At 30 November 2023 8,854
NET BOOK VALUE
At 30 November 2023 1,496
At 30 November 2022 1,923

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 52,324 51,430
Other debtors 500 2,455
52,824 53,885

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 14,743 20,173
Taxation and social security 4,309 1,839
Other creditors 1,550 1,550
20,602 23,562

7. RELATED PARTY DISCLOSURES

The directors and shareholders also have a Partnership which trades as Cox & Taylor Contractors. During the year the company recharged the Partnership for the cost of materials and sub contractor costs £30,000 (2022 £25,000). At the balance sheet the Partnership owed £21,511 (2022 £21511) and this is included as a debtor falling due within one year..