IRIS Accounts Production v24.3.2.46 03104289 Board of Directors 1.1.24 31.12.24 31.12.24 true false true false false true false Ordinary 'A' shares 1.00000 Ordinary 'B' shares 1.00000 Ordinary 'C' shares 1.00000 Ordinary 'D' shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh031042892023-12-31031042892024-12-31031042892024-01-012024-12-31031042892022-12-31031042892023-01-012023-12-31031042892023-12-3103104289ns15:EnglandWales2024-01-012024-12-3103104289ns14:PoundSterling2024-01-012024-12-3103104289ns10:Director12024-01-012024-12-3103104289ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3103104289ns10:SmallEntities2024-01-012024-12-3103104289ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3103104289ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3103104289ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3103104289ns10:FullAccounts2024-01-012024-12-3103104289ns10:OrdinaryShareClass12024-01-012024-12-3103104289ns10:OrdinaryShareClass22024-01-012024-12-3103104289ns10:OrdinaryShareClass32024-01-012024-12-3103104289ns10:OrdinaryShareClass42024-01-012024-12-3103104289ns10:Director22024-01-012024-12-3103104289ns10:Director32024-01-012024-12-3103104289ns10:CompanySecretary12024-01-012024-12-3103104289ns10:RegisteredOffice2024-01-012024-12-3103104289ns5:CurrentFinancialInstruments2024-12-3103104289ns5:CurrentFinancialInstruments2023-12-3103104289ns5:ShareCapital2024-12-3103104289ns5:ShareCapital2023-12-3103104289ns5:RetainedEarningsAccumulatedLosses2024-12-3103104289ns5:RetainedEarningsAccumulatedLosses2023-12-3103104289ns5:LandBuildingsns5:ShortLeaseholdAssets2024-01-012024-12-3103104289ns5:LeaseholdImprovements2024-01-012024-12-3103104289ns5:FurnitureFittings2024-01-012024-12-3103104289ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3103104289ns5:LeaseholdImprovements2023-12-3103104289ns5:FurnitureFittings2023-12-3103104289ns5:LandBuildingsns5:ShortLeaseholdAssets2024-12-3103104289ns5:LeaseholdImprovements2024-12-3103104289ns5:FurnitureFittings2024-12-3103104289ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3103104289ns5:LeaseholdImprovements2023-12-3103104289ns5:FurnitureFittings2023-12-3103104289ns5:CostValuation2023-12-3103104289ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3103104289ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3103104289ns5:WithinOneYear2024-12-3103104289ns5:WithinOneYear2023-12-3103104289ns5:BetweenOneFiveYears2024-12-3103104289ns5:BetweenOneFiveYears2023-12-3103104289ns5:AllPeriods2024-12-3103104289ns5:AllPeriods2023-12-3103104289ns10:OrdinaryShareClass12024-12-3103104289ns10:OrdinaryShareClass22024-12-3103104289ns10:OrdinaryShareClass32024-12-3103104289ns10:OrdinaryShareClass42024-12-31
REGISTERED NUMBER: 03104289 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

TAYLOR TRIPP LTD

TAYLOR TRIPP LTD (REGISTERED NUMBER: 03104289)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TAYLOR TRIPP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: N E R Tripp
R J P Taylor
G E Green



SECRETARY: Mrs G Tripp



REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
S023 9HJ



REGISTERED NUMBER: 03104289 (England and Wales)



ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ



BANKERS: HSBC Bank Plc
25 High Street
Windsor
Berkshire
SL4 1LN

TAYLOR TRIPP LTD (REGISTERED NUMBER: 03104289)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,848 7,620
Investments 5 100 100
13,948 7,720

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 6 55,129 79,916
Cash at bank 74,885 78,195
132,014 160,111
CREDITORS
Amounts falling due within one year 7 130,953 131,965
NET CURRENT ASSETS 1,061 28,146
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,009

35,866

CAPITAL AND RESERVES
Called up share capital 9 110 110
Retained earnings 14,899 35,756
SHAREHOLDERS' FUNDS 15,009 35,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

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

TAYLOR TRIPP LTD (REGISTERED NUMBER: 03104289)

BALANCE SHEET - continued
31ST DECEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th February 2025 and were signed on its behalf by:





N E R Tripp - Director


TAYLOR TRIPP LTD (REGISTERED NUMBER: 03104289)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

Taylor Tripp Ltd 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.

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, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Improvements to property - 10% on cost
Computer and office equipment - Straight line over 3 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

TAYLOR TRIPP LTD (REGISTERED NUMBER: 03104289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Computer
Improvements and
Short to office
leasehold property equipment Totals
£    £    £    £   
COST
At 1st January 2024 1,165 71,452 44,378 116,995
Additions - - 11,687 11,687
At 31st December 2024 1,165 71,452 56,065 128,682
DEPRECIATION
At 1st January 2024 1,165 64,952 43,258 109,375
Charge for year - 1,004 4,455 5,459
At 31st December 2024 1,165 65,956 47,713 114,834
NET BOOK VALUE
At 31st December 2024 - 5,496 8,352 13,848
At 31st December 2023 - 6,500 1,120 7,620

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st January 2024
and 31st December 2024 100
NET BOOK VALUE
At 31st December 2024 100
At 31st December 2023 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,277 75,211
Other debtors 300 300
Prepayments 13,552 4,405
55,129 79,916

TAYLOR TRIPP LTD (REGISTERED NUMBER: 03104289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 17,599 40,807
Tax 66,588 59,339
VAT 19,998 20,211
Other creditors 15,692 484
Directors' current accounts 11,076 5,848
Accrued expenses - 5,276
130,953 131,965

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 32,250 32,250
Between one and five years 67,187 99,437
99,437 131,687

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
54 Ordinary 'A' shares £1 54 54
36 Ordinary 'B' shares £1 36 36
10 Ordinary 'C' shares £1 10 10
10 Ordinary 'D' shares £1 10 10
110 110