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REGISTERED NUMBER: 11309139 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2024

for

Taylor Johnson Ltd

Taylor Johnson Ltd (Registered number: 11309139)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Taylor Johnson Ltd

Company Information
for the Year Ended 30th April 2024







DIRECTORS: B H Taylor
J G W Johnson





REGISTERED OFFICE: 29a Crown Street
Brentwood
Essex
CM14 4BA





REGISTERED NUMBER: 11309139 (England and Wales)





ACCOUNTANTS: Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA

Taylor Johnson Ltd (Registered number: 11309139)

Balance Sheet
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 333,134 333,134

CURRENT ASSETS
Debtors 5 447 341
Cash at bank 53,979 48,809
54,426 49,150
CREDITORS
Amounts falling due within one year 6 149,312 148,890
NET CURRENT LIABILITIES (94,886 ) (99,740 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

238,248

233,394

CREDITORS
Amounts falling due after more than one
year

7

240,990

240,990
NET LIABILITIES (2,742 ) (7,596 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,842 ) (7,696 )
(2,742 ) (7,596 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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 Johnson Ltd (Registered number: 11309139)

Balance Sheet - continued
30th April 2024


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 24th September 2024 and were signed on its behalf by:





J G W Johnson - Director


Taylor Johnson Ltd (Registered number: 11309139)

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Taylor Johnson Ltd 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.

The financial statements have been prepared using the going concern concept on the basis that the directors will continue to provide financial support to the company by way of their interest-free loans.

Revenue
Revenue represents rental income receivable during the year.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The investment property has been shown in these financial statements at the cost of acquisition. In the opinion of the directors, the carrying value of the investment property is not materially different from its fair value at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2023
and 30th April 2024 333,134
NET BOOK VALUE
At 30th April 2024 333,134
At 30th April 2023 333,134

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 447 341

Taylor Johnson Ltd (Registered number: 11309139)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 54 -
Taxation and social security 306 -
Other creditors 148,952 148,890
149,312 148,890

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 240,990 240,990

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Other loans 240,990 240,990

The mortgage facilities are secured by a fixed charge against the company's investment properties.

9. RELATED PARTY DISCLOSURES

During the year, the director J. Johnson continued to advance an interest-free loan to the company. The balance due to J. Johnson at 30th April 2024 amounted to £73,809 (2023: £73,809) and is repayable on demand.

During the year, the director B. Taylor continued to advance an interest-free loan to the company. The balance due to B. Taylor at 30th April 2024 amounted to £73,809 (2023: £73,809) and is repayable on demand.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Taylor Johnson Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Taylor Johnson Ltd for the year ended 30th April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Taylor Johnson Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Taylor Johnson Ltd and state those matters that we have agreed to state to the Board of Directors of Taylor Johnson Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Taylor Johnson Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Taylor Johnson Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Taylor Johnson Ltd. You consider that Taylor Johnson Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Taylor Johnson Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA


25th September 2024