Taylor Offshore Properties Limited |
Registered Number:07156501 |
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2024
Taylor Offshore Properties Limited
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
Taylor Offshore Properties Limited
Statement of Financial Position
2023
2024
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)
1
1
(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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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. |
Redroofs
Berrington Road
Tenbury Wells
WR15 8EN
The presentation currency is £ sterling. |
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: |
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 |
872,521
44,821
827,700
827,700
44,821
872,521
Provision for depreciation and impairment |
17,928
17,928
-
17,928
17,928
-
827,700
26,893
854,593
827,700
26,893
854,593
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