2023-09-01 09149877 2024-08-31 09149877 2023-09-01 2024-08-31 09149877 2023-08-31 09149877 2022-09-01 2023-08-31 09149877 uk-core:WithinOneYear 2023-08-31 09149877 uk-core:WithinOneYear 2024-08-31 09149877 uk-core:AfterOneYear 2023-08-31 09149877 uk-core:AfterOneYear 2024-08-31 09149877 uk-core:ShareCapital 2024-08-31 09149877 uk-core:ShareCapital 2023-08-31 09149877 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 09149877 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 09149877 uk-bus:Director1 2023-09-01 2024-08-31 09149877 uk-core:PlantMachinery 2023-09-01 2024-08-31 09149877 uk-core:AfterOneYear uk-core:Secured 2024-08-31 09149877 uk-core:AfterOneYear uk-core:Secured 2023-08-31 iso4217:GBP xbrli:pure 09149877 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 09149877 uk-bus:FRS102 2023-09-01 2024-08-31 09149877 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 09149877 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Taylorbrooks Metalworks Ltd
Registered Number:09149877
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
09149877
As at 31 August 2024
Taylorbrooks Metalworks Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
4,485
5,980
2
4,485
5,980
Current assets
Inventories
1,000
1,000
3
Trade and other receivables
3,443
-
4
18,419
Cash and cash equivalents
22,993
23,993
22,862
Trade and other payables: amounts falling due within one
year
(12,561)
(16,838)
5
10,301
7,155
Net current assets
Total assets less current liabilities
11,640
16,281
Trade and other payables: amounts falling due after more
than one year
(12,173)
(10,654)
6
986
Net assets
4,108
Capital and reserves
Called up share capital
100
100
Retained earnings
886
4,008
986
4,108
Shareholders' funds
For the year ended 31 August 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr S Taylor Director
These financial statements were approved and authorised for issue by the Board on 11 October 2024 and were signed by:
The notes form part of these financial statements
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3
For the year ended 31 August 2024
Taylorbrooks Metalworks Ltd
Notes to the Financial Statements
Statutory Information
Taylorbrooks Metalworks Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09149877.
Registered address:
Unit 6 Gibbs Reed Farm
Pashley Road
Ticehurst, Wadhurst
East Sussex
TN5 7HE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25 Reducing balance
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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4
For the year ended 31 August 2024
Taylorbrooks Metalworks Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 September 2023
20,771
At 31 August 2024
20,771
Provision for depreciation and impairment
At 01 September 2023
14,791
Charge for year
1,495
At 31 August 2024
16,286
At 31 August 2024
Net book value
4,485
At 31 August 2023
5,980
3. Inventories
2023
2024
£
£
Stocks
1,000
1,000
4. Trade and other receivables
2023
2024
£
£
Trade debtors
-
3,443
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
3,947
3,439
Taxation and social security
7,439
2,772
Other creditors
5,452
6,350
16,838
12,561
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5
For the year ended 31 August 2024
Taylorbrooks Metalworks Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
10,654
12,173
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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