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REGISTERED NUMBER: 04091980 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

TAYLER BRADSHAW LIMITED

TAYLER BRADSHAW LIMITED (REGISTERED NUMBER: 04091980)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TAYLER BRADSHAW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: D A Hazell
M J Atkins





REGISTERED OFFICE: Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX





REGISTERED NUMBER: 04091980 (England and Wales)





ACCOUNTANTS: Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX

TAYLER BRADSHAW LIMITED (REGISTERED NUMBER: 04091980)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,200,000 1,200,000
Tangible assets 5 1,245,133 1,252,541
2,445,133 2,452,541

CURRENT ASSETS
Stocks 175,000 175,000
Debtors 6 252,078 259,622
Cash at bank and in hand 419,321 309,786
846,399 744,408
CREDITORS
Amounts falling due within one year 7 841,009 829,070
NET CURRENT ASSETS/(LIABILITIES) 5,390 (84,662 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,450,523 2,367,879

CREDITORS
Amounts falling due after more than one
year

8

(433,457

)

(470,097

)

PROVISIONS FOR LIABILITIES (4,614 ) (2,283 )
NET ASSETS 2,012,452 1,895,499

CAPITAL AND RESERVES
Called up share capital 169 169
Revaluation reserve 9 995,000 995,000
Capital redemption reserve (414,870 ) (414,870 )
Retained earnings 1,432,153 1,315,200
SHAREHOLDERS' FUNDS 2,012,452 1,895,499

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

TAYLER BRADSHAW LIMITED (REGISTERED NUMBER: 04091980)

BALANCE SHEET - continued
30 APRIL 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 15 November 2024 and were signed on its behalf by:





D A Hazell - Director


TAYLER BRADSHAW LIMITED (REGISTERED NUMBER: 04091980)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Tayler Bradshaw 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

TAYLER BRADSHAW LIMITED (REGISTERED NUMBER: 04091980)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 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.

Goodwill
Goodwill has not been amortised as, in the opinion of the directors, no diminution in it's value has occurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 1,200,000
NET BOOK VALUE
At 30 April 2024 1,200,000
At 30 April 2023 1,200,000

Cost or valuation at 30 April 2024 is represented by:

Goodwill
£   
Valuation in 2000 205,000
Valuation in 2004 320,000
Valuation in 2005 75,000
Valuation in 2006 100,000
Valuation in 2007 200,000
Valuation in 2008 100,000
Valuation in 2016 200,000
1,200,000

TAYLER BRADSHAW LIMITED (REGISTERED NUMBER: 04091980)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 1,163,602 327,751 1,491,353
Additions - 19,770 19,770
At 30 April 2024 1,163,602 347,521 1,511,123
DEPRECIATION
At 1 May 2023 - 238,812 238,812
Charge for year - 27,178 27,178
At 30 April 2024 - 265,990 265,990
NET BOOK VALUE
At 30 April 2024 1,163,602 81,531 1,245,133
At 30 April 2023 1,163,602 88,939 1,252,541

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 251,420 257,864
Other debtors 658 1,758
252,078 259,622

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 61,424 61,424
Trade creditors 6,210 12,021
Taxation and social security 186,959 179,952
Other creditors 586,416 575,673
841,009 829,070

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 433,457 470,097

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 187,760 224,400

TAYLER BRADSHAW LIMITED (REGISTERED NUMBER: 04091980)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

9. RESERVES
Revaluation
reserve
£   
At 1 May 2023
and 30 April 2024 995,000