Registered No. SO307225 (Scotland)
Taylor Capital Partners Llp
Unaudited accounts
for the year ended 31 December 2023
Taylor Capital Partners Llp
LLP Information
for the year ended 31 December 2023
Designated members
Mr Daniel Taylor
Registered Number
SO307225 (Scotland)
Registered Office
20-23 Woodside Place
Glasgow
G3 7QL
Scotland
Accountants
Clarity Accounting (Scotland) Ltd
20 - 23 Woodside Place
Glasgow
G3 7QL
Taylor Capital Partners Llp
Statement of financial position
as at 31 December 2023
Tangible assets
37,306
48,365
Cash at bank and in hand
(11,488)
5,244
Creditors: amounts falling due within one year
(101,499)
(122,139)
Net current (liabilities)/assets
(112,987)
54,698
Net (liabilities)/assets attributable to members
(75,681)
103,063
Loans and other debts due to members
(256,294)
(37,169)
Other reserves
180,613
140,232
Loans and other debts due to members
(256,294)
(37,169)
Members' other interests
180,613
140,232
For the year ending 31 December 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 2 September 2024.
Mr Daniel Taylor
Designated member
Limited Liability Partnership Registration No. SO307225
Taylor Capital Partners Llp
Notes to the Accounts
for the year ended 31 December 2023
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Taylor Capital Partners Llp is a limited liability partnership, incorporated in Scotland, registration number SO307225. Its registered office is 20-23 Woodside Place, Glasgow, G3 7QL, Scotland.
3
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
81,000
4,203
85,203
At 31 December 2023
81,000
6,193
87,193
At 1 January 2023
35,437
1,401
36,838
Charge for the year
11,391
1,658
13,049
At 31 December 2023
46,828
3,059
49,887
At 31 December 2023
34,172
3,134
37,306
At 31 December 2022
45,563
2,802
48,365
4
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
67,035
70,988
Taxes and social security costs
6,967
-
Other creditors
27,497
27,171
Taylor Capital Partners Llp
Notes to the Accounts
for the year ended 31 December 2023
5
Loans and other debts due to members
2023
2022
Loans from members
84,000
-
Amounts due to members in respect of profits
(340,294)
(37,169)
Amounts falling due within one year
(256,294)
(37,169)
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).