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REGISTERED NUMBER: 00352399 (England and Wales)
















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

WILLIAM TYLER & CO., LIMITED

WILLIAM TYLER & CO., LIMITED (REGISTERED NUMBER: 00352399)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILLIAM TYLER & CO., LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTORS: R C Alexander
D P Alexander
M J Keenan
R G Park





REGISTERED OFFICE: Tyler House,
58-66 Morley Road
Tonbridge
Kent
TN9 1RA





REGISTERED NUMBER: 00352399 (England and Wales)





ACCOUNTANTS: Crane & Partners
Chartered Accountants
Leonard House
5 - 7 Newman Road
Bromley
Kent
BR1 1RJ

WILLIAM TYLER & CO., LIMITED (REGISTERED NUMBER: 00352399)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 888,506 824,749
Investment property 5 1,954,400 1,954,400
2,842,906 2,779,149

CURRENT ASSETS
Debtors 6 174,676 460,336
Cash at bank 439,274 358,319
613,950 818,655
CREDITORS
Amounts falling due within one year 7 173,445 141,000
NET CURRENT ASSETS 440,505 677,655
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,283,411

3,456,804

PROVISIONS FOR LIABILITIES 217,074 203,823
NET ASSETS 3,066,337 3,252,981

CAPITAL AND RESERVES
Called up share capital 8 500 500
Capital reserve 2,964 2,964
Retained earnings 3,062,873 3,249,517
SHAREHOLDERS' FUNDS 3,066,337 3,252,981

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

WILLIAM TYLER & CO., LIMITED (REGISTERED NUMBER: 00352399)

BALANCE SHEET - continued
31 March 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 25 September 2024 and were signed on its behalf by:





R C Alexander - Director


WILLIAM TYLER & CO., LIMITED (REGISTERED NUMBER: 00352399)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

William Tyler & Co., 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 as modified by the revaluation of certain assets.

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

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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

WILLIAM TYLER & CO., LIMITED (REGISTERED NUMBER: 00352399)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 824,749
Additions 69,070
Disposals (57,107 )
Revaluations 51,794
At 31 March 2024 888,506
NET BOOK VALUE
At 31 March 2024 888,506
At 31 March 2023 824,749

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2024 888,506

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,954,400
NET BOOK VALUE
At 31 March 2024 1,954,400
At 31 March 2023 1,954,400

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 1,954,400

The properties were revalued on 31 March 2024 on an open market basis by the directors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,693 27,353
Amounts owed by group undertakings 125,000 425,000
Other debtors 7,983 7,983
174,676 460,336

WILLIAM TYLER & CO., LIMITED (REGISTERED NUMBER: 00352399)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 24,341 798
Taxation and social security 45,169 50,799
Other creditors 103,935 89,403
173,445 141,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
500 Ordinary £1 500 500

9. RELATED PARTY DISCLOSURES

Tyler Holdings Limited is a company within the same group as William Tyler & Co., Limited. During the year Tyler Holdings Limited invoiced management charges of £117,458 (2023: £117,458) to William Tyler & Co. Limited.

The above transactions took place at market value and on an arms length basis.

10. ULTIMATE CONTROLLING PARTY

The parent company is Fabrica Trading Limited.

The ultimate controlling party of the company is the Alexander family.