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REGISTERED NUMBER: 07067342 (England and Wales)











Financial Statements

for the Year Ended 31 December 2023

for

TAYLOR FRANCIS LIMITED

TAYLOR FRANCIS LIMITED (REGISTERED NUMBER: 07067342)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TAYLOR FRANCIS LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr T Taylor
Mrs J Hagen





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 07067342 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

TAYLOR FRANCIS LIMITED (REGISTERED NUMBER: 07067342)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 110,320 78,498
110,320 78,498

CURRENT ASSETS
Debtors 6 185,050 305,537
Cash at bank 7 137,995 126,883
323,045 432,420
CREDITORS
Amounts falling due within one year 8 330,382 333,808
NET CURRENT (LIABILITIES)/ASSETS (7,337 ) 98,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,983

177,110

CREDITORS
Amounts falling due after more than one year 9 59,087 42,697
NET ASSETS 43,896 134,413

CAPITAL AND RESERVES
Called up share capital 10 42,004 42,004
Retained earnings 1,892 92,409
SHAREHOLDERS' FUNDS 43,896 134,413

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

TAYLOR FRANCIS LIMITED (REGISTERED NUMBER: 07067342)

Balance Sheet - continued
31 December 2023


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 27 December 2024 and were signed on its behalf by:





Mr T Taylor - Director


TAYLOR FRANCIS LIMITED (REGISTERED NUMBER: 07067342)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Taylor Francis 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 7 ) .

TAYLOR FRANCIS LIMITED (REGISTERED NUMBER: 07067342)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 69,900
AMORTISATION
At 1 January 2023
and 31 December 2023 69,900
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 90,000 14,162 143,230 21,060 268,452
Additions - - 60,230 - 60,230
At 31 December 2023 90,000 14,162 203,460 21,060 328,682
DEPRECIATION
At 1 January 2023 87,070 9,171 82,014 11,699 189,954
Charge for year 733 1,248 24,087 2,340 28,408
At 31 December 2023 87,803 10,419 106,101 14,039 218,362
NET BOOK VALUE
At 31 December 2023 2,197 3,743 97,359 7,021 110,320
At 31 December 2022 2,930 4,991 61,216 9,361 78,498

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 116,325
Amounts owed by participating interests 173,673 105,470
Other debtors 3,500 1,501
Directors' current accounts - 82,241
Prepayments and accrued income 7,877 -
185,050 305,537

7. CASH AT BANK
31.12.23 31.12.22
£    £   
Bank account no. 1 137,995 126,883

TAYLOR FRANCIS LIMITED (REGISTERED NUMBER: 07067342)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 32,396 23,646
Tax 119,482 99,051
Social security and other taxes 6,420 4,368
Other creditors 166,969 204,496
Directors' current accounts 2,868 -
Accruals and deferred income 2,247 2,247
330,382 333,808

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 59,087 42,697

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
42,000 Ordinary £1 42,000 42,000
1 C Ordinary £1 1 1
1 B Ordinary £1 1 1
1 D Ordnary £1 1 1
1 E Ordinary £1 1 1
42,004 42,004

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Mr T Taylor and Mrs J Hagen
Balance outstanding at start of year 82,241 -
Amounts advanced 108,671 151,620
Amounts repaid (190,912 ) (69,379 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 82,241

During the period interest of £3,203 was charged to the directors loan account at 2.25%. The directors loan account was repaid within the period.

TAYLOR FRANCIS LIMITED (REGISTERED NUMBER: 07067342)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

12. RELATED PARTY DISCLOSURES

As at the balance sheet date, included on debtors due within one year is £173,673 (2022: £105,470) due to the company from Stay & Play Aylesbury Ltd , a company in which there is common directorship.

As at the balance sheet date, included in creditors due within one year is £2,868 (2022 due from: £(82,241)) due to the directors.The amount is interest free and repayable on demand.

13. ULTIMATE CONTROLLING PARTY

The controlling party is Mr T Taylor.