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Company Registration No. 11885321 (England and Wales)
Taylor UK Lettings Ltd Unaudited accounts for the year ended 31 August 2024
Taylor UK Lettings Ltd Unaudited accounts Contents
Page
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Taylor UK Lettings Ltd Company Information for the year ended 31 August 2024
Director
Mark Anthony Taylor
Company Number
11885321 (England and Wales)
Registered Office
Village Farmhouse 1 Main Street Bisbrooke Rutland LE15 9EP
Accountants
A R BUSINESS CONSULTANCY LTD 62 Polwell Lane Barton Seagrave Kettering Northamptonshire NN15 6UB
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Taylor UK Lettings Ltd for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Taylor UK Lettings Ltd for the year ended 31 August 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of Taylor UK Lettings Ltd, as a body, in accordance with the terms of our engagement letter dated 1 August 2020. Our work has been undertaken solely to prepare for your approval the accounts of Taylor UK Lettings Ltd and state those matters that we have agreed to state to the Board of Directors of Taylor UK Lettings Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Taylor UK Lettings Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Taylor UK Lettings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Taylor UK Lettings Ltd. You consider that Taylor UK Lettings 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 accounts of Taylor UK Lettings 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 accounts.
A R BUSINESS CONSULTANCY LTD Member in Practice 62 Polwell Lane Barton Seagrave Kettering Northamptonshire NN15 6UB 24 October 2024
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Taylor UK Lettings Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
308,226 
308,226 
Current assets
Debtors
1,168 
- 
Cash at bank and in hand
29,948 
23,572 
31,116 
23,572 
Creditors: amounts falling due within one year
(82,271)
(81,312)
Net current liabilities
(51,155)
(57,740)
Total assets less current liabilities
257,071 
250,486 
Creditors: amounts falling due after more than one year
(223,756)
(223,756)
Net assets
33,315 
26,730 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
33,215 
26,630 
Shareholders' funds
33,315 
26,730 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 October 2024 and were signed on its behalf by
Mark Anthony Taylor Director Company Registration No. 11885321
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Taylor UK Lettings Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Taylor UK Lettings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11885321. The registered office is Village Farmhouse, 1 Main Street, Bisbrooke, Rutland, LE15 9EP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
308,226 
At 31 August 2024
308,226 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,168 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,763 
2,131 
Loans from directors
78,218 
77,906 
Accruals
400 
400 
Deferred income
1,890 
875 
82,271 
81,312 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
223,756 
223,756 
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Taylor UK Lettings Ltd Notes to the Accounts for the year ended 31 August 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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