2022-12-222023-12-312023-12-31false14555256Will Taylor Building Services Limited2024-09-05iso4217:GBPxbrli:pure145552562022-12-22145552562023-12-31145552562022-12-222023-12-31145552562022-12-21145552562022-12-21145552562022-12-212022-12-2114555256bus:SmallEntities2022-12-222023-12-3114555256bus:AuditExempt-NoAccountantsReport2022-12-222023-12-3114555256bus:AbridgedAccounts2022-12-222023-12-3114555256bus:PrivateLimitedCompanyLtd2022-12-222023-12-3114555256core:WithinOneYear2023-12-3114555256core:AfterOneYear2023-12-3114555256core:WithinOneYear2022-12-2114555256core:AfterOneYear2022-12-2114555256core:ShareCapital2023-12-3114555256core:SharePremium2023-12-3114555256core:RevaluationReserve2023-12-3114555256core:OtherReservesSubtotal2023-12-3114555256core:RetainedEarningsAccumulatedLosses2023-12-3114555256core:ShareCapital2022-12-2114555256core:SharePremium2022-12-2114555256core:RevaluationReserve2022-12-2114555256core:OtherReservesSubtotal2022-12-2114555256core:RetainedEarningsAccumulatedLosses2022-12-2114555256core:LandBuildings2023-12-3114555256core:PlantMachinery2023-12-3114555256core:Vehicles2023-12-3114555256core:FurnitureFittings2023-12-3114555256core:OfficeEquipment2023-12-3114555256core:NetGoodwill2023-12-3114555256core:IntangibleAssetsOtherThanGoodwill2023-12-3114555256core:ListedExchangeTraded2023-12-3114555256core:UnlistedNon-exchangeTraded2023-12-3114555256core:LandBuildings2022-12-2114555256core:PlantMachinery2022-12-2114555256core:Vehicles2022-12-2114555256core:FurnitureFittings2022-12-2114555256core:OfficeEquipment2022-12-2114555256core:NetGoodwill2022-12-2114555256core:IntangibleAssetsOtherThanGoodwill2022-12-2114555256core:ListedExchangeTraded2022-12-2114555256core:UnlistedNon-exchangeTraded2022-12-2114555256core:LandBuildings2022-12-222023-12-3114555256core:PlantMachinery2022-12-222023-12-3114555256core:Vehicles2022-12-222023-12-3114555256core:FurnitureFittings2022-12-222023-12-3114555256core:OfficeEquipment2022-12-222023-12-3114555256core:NetGoodwill2022-12-222023-12-3114555256core:IntangibleAssetsOtherThanGoodwill2022-12-222023-12-3114555256core:ListedExchangeTraded2022-12-222023-12-3114555256core:UnlistedNon-exchangeTraded2022-12-222023-12-3114555256core:MoreThanFiveYears2022-12-222023-12-3114555256core:Non-currentFinancialInstruments2023-12-3114555256core:Non-currentFinancialInstruments2022-12-2114555256dpl:CostSales2022-12-222023-12-3114555256dpl:DistributionCosts2022-12-222023-12-3114555256core:LandBuildings2022-12-222023-12-3114555256core:PlantMachinery2022-12-222023-12-3114555256core:Vehicles2022-12-222023-12-3114555256core:FurnitureFittings2022-12-222023-12-3114555256core:OfficeEquipment2022-12-222023-12-3114555256dpl:AdministrativeExpenses2022-12-222023-12-3114555256core:NetGoodwill2022-12-222023-12-3114555256core:IntangibleAssetsOtherThanGoodwill2022-12-222023-12-3114555256dpl:GroupUndertakings2022-12-222023-12-3114555256dpl:ParticipatingInterests2022-12-222023-12-3114555256dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-222023-12-3114555256core:ListedExchangeTraded2022-12-222023-12-3114555256dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-222023-12-3114555256core:UnlistedNon-exchangeTraded2022-12-222023-12-3114555256dpl:CostSales2022-12-212022-12-2114555256dpl:DistributionCosts2022-12-212022-12-2114555256core:LandBuildings2022-12-212022-12-2114555256core:PlantMachinery2022-12-212022-12-2114555256core:Vehicles2022-12-212022-12-2114555256core:FurnitureFittings2022-12-212022-12-2114555256core:OfficeEquipment2022-12-212022-12-2114555256dpl:AdministrativeExpenses2022-12-212022-12-2114555256core:NetGoodwill2022-12-212022-12-2114555256core:IntangibleAssetsOtherThanGoodwill2022-12-212022-12-2114555256dpl:GroupUndertakings2022-12-212022-12-2114555256dpl:ParticipatingInterests2022-12-212022-12-2114555256dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-212022-12-2114555256core:ListedExchangeTraded2022-12-212022-12-2114555256dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-212022-12-2114555256core:UnlistedNon-exchangeTraded2022-12-212022-12-2114555256core:NetGoodwill2023-12-3114555256core:IntangibleAssetsOtherThanGoodwill2023-12-3114555256core:LandBuildings2023-12-3114555256core:PlantMachinery2023-12-3114555256core:Vehicles2023-12-3114555256core:FurnitureFittings2023-12-3114555256core:OfficeEquipment2023-12-3114555256core:AfterOneYear2023-12-3114555256core:WithinOneYear2023-12-3114555256core:ListedExchangeTraded2023-12-3114555256core:UnlistedNon-exchangeTraded2023-12-3114555256core:ShareCapital2023-12-3114555256core:SharePremium2023-12-3114555256core:RevaluationReserve2023-12-3114555256core:OtherReservesSubtotal2023-12-3114555256core:RetainedEarningsAccumulatedLosses2023-12-3114555256core:NetGoodwill2022-12-2114555256core:IntangibleAssetsOtherThanGoodwill2022-12-2114555256core:LandBuildings2022-12-2114555256core:PlantMachinery2022-12-2114555256core:Vehicles2022-12-2114555256core:FurnitureFittings2022-12-2114555256core:OfficeEquipment2022-12-2114555256core:AfterOneYear2022-12-2114555256core:WithinOneYear2022-12-2114555256core:ListedExchangeTraded2022-12-2114555256core:UnlistedNon-exchangeTraded2022-12-2114555256core:ShareCapital2022-12-2114555256core:SharePremium2022-12-2114555256core:RevaluationReserve2022-12-2114555256core:OtherReservesSubtotal2022-12-2114555256core:RetainedEarningsAccumulatedLosses2022-12-2114555256core:NetGoodwill2022-12-2114555256core:IntangibleAssetsOtherThanGoodwill2022-12-2114555256core:LandBuildings2022-12-2114555256core:PlantMachinery2022-12-2114555256core:Vehicles2022-12-2114555256core:FurnitureFittings2022-12-2114555256core:OfficeEquipment2022-12-2114555256core:AfterOneYear2022-12-2114555256core:WithinOneYear2022-12-2114555256core:ListedExchangeTraded2022-12-2114555256core:UnlistedNon-exchangeTraded2022-12-2114555256core:ShareCapital2022-12-2114555256core:SharePremium2022-12-2114555256core:RevaluationReserve2022-12-2114555256core:OtherReservesSubtotal2022-12-2114555256core:RetainedEarningsAccumulatedLosses2022-12-2114555256core:AfterOneYear2022-12-222023-12-3114555256core:WithinOneYear2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:CostValuation2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-222023-12-3114555256core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3114555256core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3114555256core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3114555256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3114555256core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3114555256core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3114555256core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3114555256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3114555256core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3114555256core:Non-currentFinancialInstrumentscore:CostValuation2022-12-2114555256core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-2114555256core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-2114555256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-2114555256core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-2114555256core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-2114555256core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-2114555256core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-2114555256core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-2114555256bus:Director12022-12-222023-12-31

Will Taylor Building Services Limited

Registered Number
14555256
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2023

Will Taylor Building Services Limited
Company Information
for the period from 22 December 2022 to 31 December 2023

Director

Mr W Taylor

Registered Address

2 Dukes Court
Bognor Road
Chichester
PO19 8FX

Registered Number

14555256 (England and Wales)
Will Taylor Building Services Limited
Balance Sheet as at
31 December 2023

Notes

2023

£

£

Fixed assets
Tangible assets48,921
8,921
Current assets
Debtors1,012
Cash at bank and on hand40,874
41,886
Creditors amounts falling due within one year(36,734)
Net current assets (liabilities)5,152
Total assets less current liabilities14,073
Net assets14,073
Capital and reserves
Called up share capital2
Profit and loss account14,071
Shareholders' funds14,073
The financial statements were approved and authorised for issue by the Director on 5 September 2024, and are signed on its behalf by:
Mr W Taylor
Director
Registered Company No. 14555256
Will Taylor Building Services Limited
Notes to the Financial Statements
for the period ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery25
Office Equipment25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

2023
Average number of employees during the year1
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Tangible fixed assets

Total

£
Cost or valuation
Additions11,000
At 31 December 2311,000
Depreciation and impairment
Charge for year2,079
At 31 December 232,079
Net book value
At 31 December 238,921
At 21 December 22-