Middleton-Taylor Associates Limited 08402404 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Support Activities For Animal Production Digita Accounts Production Advanced 6.30.9574.0 true 08402404 2023-04-01 2024-03-31 08402404 2024-03-31 08402404 core:RetainedEarningsAccumulatedLosses 2024-03-31 08402404 core:ShareCapital 2024-03-31 08402404 core:CurrentFinancialInstruments 2024-03-31 08402404 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08402404 core:FurnitureFittingsToolsEquipment 2024-03-31 08402404 bus:SmallEntities 2023-04-01 2024-03-31 08402404 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08402404 bus:FullAccounts 2023-04-01 2024-03-31 08402404 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08402404 bus:RegisteredOffice 2023-04-01 2024-03-31 08402404 bus:Director1 2023-04-01 2024-03-31 08402404 bus:Director2 2023-04-01 2024-03-31 08402404 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08402404 core:FurnitureFittings 2023-04-01 2024-03-31 08402404 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 08402404 countries:EnglandWales 2023-04-01 2024-03-31 08402404 2023-03-31 08402404 core:FurnitureFittingsToolsEquipment 2023-03-31 08402404 2022-04-01 2023-03-31 08402404 2023-03-31 08402404 core:RetainedEarningsAccumulatedLosses 2023-03-31 08402404 core:ShareCapital 2023-03-31 08402404 core:CurrentFinancialInstruments 2023-03-31 08402404 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08402404 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 08402404

Middleton-Taylor Associates Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Middleton-Taylor Associates Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Financial Statements

4 to 7

 

Middleton-Taylor Associates Limited

Company Information

Directors

Mr AJ Taylor

Mrs G Middleton

Registered office

17 The Maltings
Malmesbury
Wiltshire
SN16 0RN

Accountants

Alextra Group Limited
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

 

Middleton-Taylor Associates Limited

(Registration number: 08402404)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

584

779

Current assets

 

Debtors

5

13,140

12,353

Cash at bank and in hand

 

84,830

83,104

 

97,970

95,457

Creditors: Amounts falling due within one year

6

(9,327)

(10,359)

Net current assets

 

88,643

85,098

Total assets less current liabilities

 

89,227

85,877

Provisions for liabilities

(111)

(148)

Net assets

 

89,116

85,729

Capital and reserves

 

Called up share capital

100

100

Retained earnings

89,016

85,629

Shareholders' funds

 

89,116

85,729

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account or the Directors Report has been taken.

Approved and authorised by the Board on 11 March 2025 and signed on its behalf by:
 

 

Middleton-Taylor Associates Limited

(Registration number: 08402404)
Balance Sheet as at 31 March 2024

.........................................
Mr AJ Taylor
Director

 

Middleton-Taylor Associates Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
17 The Maltings
Malmesbury
Wiltshire
SN16 0RN
England & Wales

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Middleton-Taylor Associates Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

25% Reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Middleton-Taylor Associates Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

1,696

1,696

At 31 March 2024

1,696

1,696

Depreciation

At 1 April 2023

917

917

Charge for the year

195

195

At 31 March 2024

1,112

1,112

Carrying amount

At 31 March 2024

584

584

At 31 March 2023

779

779

5

Debtors

Current

2024
£

2023
£

Trade debtors

13,140

12,353

 

Middleton-Taylor Associates Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

5,447

6,260

Accruals and deferred income

3,862

4,064

Other creditors

18

35

9,327

10,359