IRIS Accounts Production v24.2.0.383 07170907 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071709072023-03-31071709072024-03-31071709072023-04-012024-03-31071709072022-03-31071709072022-04-012023-03-31071709072023-03-3107170907ns15:EnglandWales2023-04-012024-03-3107170907ns14:PoundSterling2023-04-012024-03-3107170907ns10:Director12023-04-012024-03-3107170907ns10:Director22023-04-012024-03-3107170907ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107170907ns10:SmallEntities2023-04-012024-03-3107170907ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107170907ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107170907ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107170907ns10:FullAccounts2023-04-012024-03-3107170907ns10:RegisteredOffice2023-04-012024-03-3107170907ns5:CurrentFinancialInstruments2024-03-3107170907ns5:CurrentFinancialInstruments2023-03-3107170907ns5:ShareCapital2024-03-3107170907ns5:ShareCapital2023-03-3107170907ns5:RetainedEarningsAccumulatedLosses2024-03-3107170907ns5:RetainedEarningsAccumulatedLosses2023-03-3107170907ns5:PlantMachinery2023-04-012024-03-3107170907ns5:PlantMachinery2023-03-3107170907ns5:PlantMachinery2024-03-3107170907ns5:PlantMachinery2023-03-3107170907ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107170907ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 07170907 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Tailormade Building Solutions Limited

Tailormade Building Solutions Limited (Registered number: 07170907)

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


Tailormade Building Solutions Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: Mr J I Ramsay
Miss J S Franklin





REGISTERED OFFICE: Unit 4 Child's Court Farm
Ashampstead Common
Reading
Berkshire
RG8 8QT





REGISTERED NUMBER: 07170907 (England and Wales)





ACCOUNTANTS: Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF

Tailormade Building Solutions Limited (Registered number: 07170907)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 304,447 258,771

CURRENT ASSETS
Stocks 11,500 9,000
Debtors 5 341,078 406,706
Cash at bank 342,459 198,162
695,037 613,868
CREDITORS
Amounts falling due within one year 6 302,552 256,919
NET CURRENT ASSETS 392,485 356,949
TOTAL ASSETS LESS CURRENT LIABILITIES 696,932 615,720

PROVISIONS FOR LIABILITIES 57,845 49,166
NET ASSETS 639,087 566,554

CAPITAL AND RESERVES
Called up share capital 67 67
Retained earnings 639,020 566,487
SHAREHOLDERS' FUNDS 639,087 566,554

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.

Tailormade Building Solutions Limited (Registered number: 07170907)

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 23 September 2024 and were signed on its behalf by:




Mr J I Ramsay - Director



Miss J S Franklin - Director


Tailormade Building Solutions Limited (Registered number: 07170907)

Notes to the Financial Statements
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Tailormade Building Solutions 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 etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Tailormade Building Solutions Limited (Registered number: 07170907)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 600,581
Additions 114,560
Disposals (23,404 )
At 31 March 2024 691,737
DEPRECIATION
At 1 April 2023 341,810
Charge for year 64,257
Eliminated on disposal (18,777 )
At 31 March 2024 387,290
NET BOOK VALUE
At 31 March 2024 304,447
At 31 March 2023 258,771

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 152,686 224,500
Other debtors 188,392 182,206
341,078 406,706

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 142,746 142,363
Taxation and social security 70,875 25,964
Other creditors 88,931 88,592
302,552 256,919