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Company Registration No. 03849325 (England and Wales)
e j Taylor & Sons (gloucester) limited Unaudited accounts for the year ended 31 March 2024
e j Taylor & Sons (gloucester) limited Unaudited accounts Contents
Page
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e j Taylor & Sons (gloucester) limited Company Information for the year ended 31 March 2024
Directors
D J Taylor B TAYLOR
Company Number
03849325 (England and Wales)
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e j Taylor & Sons (gloucester) limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
975,749 
1,006,058 
Current assets
Inventories
135,908 
253,819 
Debtors
429,421 
272,875 
Cash at bank and in hand
879,976 
631,345 
1,445,305 
1,158,039 
Creditors: amounts falling due within one year
(251,563)
(253,429)
Net current assets
1,193,742 
904,610 
Total assets less current liabilities
2,169,491 
1,910,668 
Creditors: amounts falling due after more than one year
(9,440)
- 
Provisions for liabilities
Deferred tax
(19,933)
(19,933)
Net assets
2,140,118 
1,890,735 
Capital and reserves
Called up share capital
70 
70 
Capital redemption reserve
30 
30 
Profit and loss account
2,140,018 
1,890,635 
Shareholders' funds
2,140,118 
1,890,735 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 27 December 2024 and were signed on its behalf by
B TAYLOR Director Company Registration No. 03849325
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e j Taylor & Sons (gloucester) limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
e j Taylor & Sons (gloucester) limited is a private company, limited by shares, registered in England and Wales, registration number 03849325.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Leasing and hire purchase agreements
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciation over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated in future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period Rentals payable under operating leases are charged against income on a straight line basis over the lease term
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
758,515 
658,957 
30,425 
2,872 
1,450,769 
Additions
- 
- 
23,999 
- 
23,999 
At 31 March 2024
758,515 
658,957 
54,424 
2,872 
1,474,768 
Depreciation
At 1 April 2023
- 
432,667 
9,805 
2,239 
444,711 
Charge for the year
- 
45,258 
8,923 
127 
54,308 
At 31 March 2024
- 
477,925 
18,728 
2,366 
499,019 
Net book value
At 31 March 2024
758,515 
181,032 
35,696 
506 
975,749 
At 31 March 2023
758,515 
226,290 
20,620 
633 
1,006,058 
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e j Taylor & Sons (gloucester) limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
23,350 
33,902 
Trade debtors
115,832 
80,383 
Amounts due from group undertakings etc.
139,921 
133,826 
Accrued income and prepayments
- 
4,764 
Other debtors
150,315 
20,000 
429,418 
272,875 
Amounts falling due after more than one year
Other debtors
3 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,748 
27,676 
Trade creditors
154,153 
219,648 
Taxes and social security
90,662 
6,972 
Loans from directors
(10,000)
(3,867)
Accruals
9,000 
3,000 
251,563 
253,429 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
9,440 
- 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
70 Ordinary shares of £1 each
70 
70 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D J Taylor
directors loan
- 
5,000 
- 
5,000 
B TAYLOR
directors loan
- 
5,000 
- 
5,000 
- 
10,000 
- 
10,000 
10
Average number of employees
During the year the average number of employees was 8 (2023: 16).
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