2023-03-01 07156501 2024-02-28 07156501 2023-03-01 2024-02-28 07156501 2023-02-28 07156501 2022-03-01 2023-02-28 07156501 uk-core:AfterOneYear 2023-02-28 07156501 uk-core:AfterOneYear 2024-02-28 07156501 uk-core:ShareCapital 2024-02-28 07156501 uk-core:ShareCapital 2023-02-28 07156501 uk-core:RetainedEarningsAccumulatedLosses 2024-02-28 07156501 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 07156501 uk-bus:Director1 2023-03-01 2024-02-28 07156501 uk-core:FurnitureFittings 2023-03-01 2024-02-28 07156501 uk-core:FurnitureFittings 2023-02-28 07156501 uk-core:InvestmentPropertyIncludedWithinPPE 2023-02-28 07156501 uk-core:InvestmentPropertyIncludedWithinPPE 2024-02-28 07156501 uk-core:FurnitureFittings 2024-02-28 iso4217:GBP 07156501 uk-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 07156501 uk-bus:FRS102 2023-03-01 2024-02-28 07156501 uk-bus:FilletedAccounts 2023-03-01 2024-02-28 07156501 uk-bus:EntityNoLongerTradingButTradedInPast 2023-03-01 2024-02-28 07156501 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28
Taylor Offshore Properties Limited
Registered Number:07156501
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2024
Taylor Offshore Properties Limited
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Registered Number :
07156501
As at 28 February 2024
Taylor Offshore Properties Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
854,593
854,593
2
854,593
854,593
Total assets less current liabilities
854,593
854,593
Trade and other payables: amounts falling due after more
than one year
(878,052)
(878,052)
(23,459)
Net liabilities
(23,459)
Capital and reserves
Called up share capital
1
1
Retained earnings
(23,460)
(23,460)
(23,459)
(23,459)
Shareholders' funds
The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 28 February 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.
Stephen Donald Taylor Director
These financial statements were approved and authorised for issue by the Board on 14 November 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2024
Taylor Offshore Properties Limited
Notes to the Financial Statements
Statutory Information
Taylor Offshore Properties Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07156501.
Registered address:
Redroofs
Berrington Road
Tenbury Wells
WR15 8EN
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.
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:
10% Straight line
Fixtures and fittings
No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
2. Property, plant and equipment
Total
Fixtures and
fittings
Land and
buildings
£
£
£
Cost or
valuation
At 01 March 2023
872,521
44,821
827,700
At 28 February 2024
827,700
44,821
872,521
Provision for depreciation and impairment
At 01 March 2023
17,928
17,928
-
At 28 February 2024
17,928
17,928
-
At 28 February 2024
Net book value
827,700
26,893
854,593
At 28 February 2023
827,700
26,893
854,593
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