IRIS Accounts Production v24.3.0.553 05697306 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056973062023-02-28056973062024-02-29056973062023-03-012024-02-29056973062022-02-28056973062022-03-012023-02-28056973062023-02-2805697306ns15:EnglandWales2023-03-012024-02-2905697306ns14:PoundSterling2023-03-012024-02-2905697306ns10:Director12023-03-012024-02-2905697306ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2905697306ns10:SmallEntities2023-03-012024-02-2905697306ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2905697306ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2905697306ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2905697306ns10:FullAccounts2023-03-012024-02-2905697306ns10:Director22023-03-012024-02-2905697306ns10:RegisteredOffice2023-03-012024-02-2905697306ns5:CurrentFinancialInstruments2024-02-2905697306ns5:CurrentFinancialInstruments2023-02-2805697306ns5:ShareCapital2024-02-2905697306ns5:ShareCapital2023-02-2805697306ns5:RetainedEarningsAccumulatedLosses2024-02-2905697306ns5:RetainedEarningsAccumulatedLosses2023-02-2805697306ns5:FurnitureFittings2023-03-012024-02-2905697306ns5:MotorVehicles2023-03-012024-02-2905697306ns5:ComputerEquipment2023-03-012024-02-2905697306ns5:FurnitureFittings2023-02-2805697306ns5:MotorVehicles2023-02-2805697306ns5:ComputerEquipment2023-02-2805697306ns5:FurnitureFittings2024-02-2905697306ns5:MotorVehicles2024-02-2905697306ns5:ComputerEquipment2024-02-2905697306ns5:FurnitureFittings2023-02-2805697306ns5:MotorVehicles2023-02-2805697306ns5:ComputerEquipment2023-02-2805697306ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2905697306ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2805697306ns5:DeferredTaxation2023-02-2805697306ns5:DeferredTaxation2024-02-29
REGISTERED NUMBER: 05697306 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: J I Taylor
H P MacFarlane





REGISTERED OFFICE: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP





REGISTERED NUMBER: 05697306 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,573 1,162

CURRENT ASSETS
Debtors 5 32,652 41,273
Cash at bank 1,349 7,165
34,001 48,438
CREDITORS
Amounts falling due within one year 6 (17,724 ) (13,350 )
NET CURRENT ASSETS 16,277 35,088
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,850

36,250

PROVISIONS FOR LIABILITIES 7 (679 ) (221 )
NET ASSETS 19,171 36,029

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 19,168 36,026
SHAREHOLDERS' FUNDS 19,171 36,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 25 November 2024 and were signed on its behalf by:





J I Taylor - Director


TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Taylor Made Project Management Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents revenue recognised in the accounts excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Bicycle - 25% on cost
Computer equipment - 33.3% straight line

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings Bicycle equipment Totals
£    £    £    £   
COST
At 1 March 2023 683 3,352 11,737 15,772
Additions - - 3,706 3,706
Disposals - - (1,974 ) (1,974 )
At 29 February 2024 683 3,352 13,469 17,504
DEPRECIATION
At 1 March 2023 512 2,921 11,177 14,610
Charge for year 171 255 869 1,295
Eliminated on disposal - - (1,974 ) (1,974 )
At 29 February 2024 683 3,176 10,072 13,931
NET BOOK VALUE
At 29 February 2024 - 176 3,397 3,573
At 28 February 2023 171 431 560 1,162

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 32,652 41,273

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 6,359 12,650
Other creditors 11,365 700
17,724 13,350

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 679 221

Deferred
tax
£   
Balance at 1 March 2023 221
Movement during the year 458
Balance at 29 February 2024 679

8. RELATED PARTY DISCLOSURES

During the year Taylor Made Project Management Services Limited made a loan to Taylormade Cars Limited of which £60,354 (2023: £58,040) was outstanding at the year end. J Taylor is a Director and shareholder of both companies.

TAYLOR MADE PROJECT MANAGEMENT SERVICES
LIMITED (REGISTERED NUMBER: 05697306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


9. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of J Taylor and H P MacFarlane, the directors and shareholders of the company.