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REGISTERED NUMBER: 08361138 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

TAYBURN ASSOCIATES LIMITED

TAYBURN ASSOCIATES LIMITED (REGISTERED NUMBER: 08361138)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TAYBURN ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: D H Tayburn
Mrs J Tayburn





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 08361138 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

TAYBURN ASSOCIATES LIMITED (REGISTERED NUMBER: 08361138)

BALANCE SHEET
31 JANUARY 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 399 772

CURRENT ASSETS
Debtors 5 17,614 25,088
Cash at bank and in hand 17,881 10,264
35,495 35,352
CREDITORS
Amounts falling due within one year 6 23,252 18,840
NET CURRENT ASSETS 12,243 16,512
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,642

17,284

CREDITORS
Amounts falling due after more than one
year

7

(9,830

)

(15,465

)

PROVISIONS FOR LIABILITIES (76 ) (146 )
NET ASSETS 2,736 1,673

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 2,732 1,669
SHAREHOLDERS' FUNDS 2,736 1,673

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

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

TAYBURN ASSOCIATES LIMITED (REGISTERED NUMBER: 08361138)

BALANCE SHEET - continued
31 JANUARY 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 22 July 2024 and were signed on its behalf by:





D H Tayburn - Director


TAYBURN ASSOCIATES LIMITED (REGISTERED NUMBER: 08361138)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Tayburn Associates 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 - 20% on cost

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.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TAYBURN ASSOCIATES LIMITED (REGISTERED NUMBER: 08361138)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 14,802
DEPRECIATION
At 1 February 2023 14,030
Charge for year 373
At 31 January 2024 14,403
NET BOOK VALUE
At 31 January 2024 399
At 31 January 2023 772

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Trade debtors - 7,239
Other debtors 17,614 17,849
17,614 25,088

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/24 31/1/23
£    £   
Bank loans and overdrafts 5,497 5,360
Taxation and social security 16,593 12,044
Other creditors 1,162 1,436
23,252 18,840

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/24 31/1/23
£    £   
Bank loans 9,830 15,465

TAYBURN ASSOCIATES LIMITED (REGISTERED NUMBER: 08361138)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31/1/24 31/1/23
£    £   
D H Tayburn
Balance outstanding at start of year 8,925 5,683
Amounts advanced 17,882 8,925
Amounts repaid (18,000 ) (5,683 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,807 8,925

Mrs J Tayburn
Balance outstanding at start of year 8,925 5,682
Amounts advanced 17,882 8,925
Amounts repaid (18,000 ) (5,682 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,807 8,925