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REGISTERED NUMBER: 01235216 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2025

for

N. & D.A. Taylor Limited

N. & D.A. Taylor Limited (Registered number: 01235216)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N. & D.A. Taylor Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: Mr D A Taylor





SECRETARY: Mr D A Taylor





REGISTERED OFFICE: Reedham House
31 King Street West
Manchester
M3 2PJ





REGISTERED NUMBER: 01235216 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

N. & D.A. Taylor Limited (Registered number: 01235216)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2 3
Investment property 5 750,000 750,000
750,002 750,003

CURRENT ASSETS
Debtors 6 3,812 3,447
Cash at bank 84,176 84,679
87,988 88,126
CREDITORS
Amounts falling due within one year 7 34,472 25,930
NET CURRENT ASSETS 53,516 62,196
TOTAL ASSETS LESS CURRENT
LIABILITIES

803,518

812,199

PROVISIONS FOR LIABILITIES 8 156,963 156,963
NET ASSETS 646,555 655,236

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 9 645,555 654,236
SHAREHOLDERS' FUNDS 646,555 655,236

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

N. & D.A. Taylor Limited (Registered number: 01235216)

Balance Sheet - continued
31 January 2025


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 director and authorised for issue on 30 April 2025 and were signed by:





Mr D A Taylor - Director


N. & D.A. Taylor Limited (Registered number: 01235216)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

N. & D.A. Taylor 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.

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 as modified by the revaluation of certain assets.

Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Interest
Bank and other interest is recognised in the period in which it was received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Tangible fixed assets are initially recorded at cost less accumulated depreciation and accumulated impairment losses.

Investment property
Interest in investment properties is stated at an open market value with no depreciation being provided in accordance with the provision of Section 1A "Small Entities" of Financial Reporting Standard 102.

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.

Going concern
The company's financial statements for the year ended 31 January 2025 have been prepared on a going basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

N. & D.A. Taylor Limited (Registered number: 01235216)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2024
and 31 January 2025 568
DEPRECIATION
At 1 February 2024 565
Charge for year 1
At 31 January 2025 566
NET BOOK VALUE
At 31 January 2025 2
At 31 January 2024 3

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 750,000
NET BOOK VALUE
At 31 January 2025 750,000
At 31 January 2024 750,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2015 627,851
Cost 122,149
750,000

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 122,149 122,149

Investment property was valued on an open market basis on 25 February 2014 by Ash Property Ltd .

The director considers the market value of the investment property not to be materially different to the value shown in the financial statements at 31 January 2025.

N. & D.A. Taylor Limited (Registered number: 01235216)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 479 114
Other debtors 3,333 3,333
3,812 3,447

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 229
Taxation and social security 6,029 4,520
Other creditors 28,443 21,181
34,472 25,930

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 156,963 156,963

Deferred
tax
£   
Balance at 1 February 2024 156,963
Released to profit and loss
account
Balance at 31 January 2025 156,963

9. RESERVES
Retained
earnings
£   

At 1 February 2024 654,236
Profit for the year 21,319
Dividends (30,000 )
At 31 January 2025 645,555

10. RELATED PARTY DISCLOSURES

Included within other creditors is the director's current account balance of £15,323 (2024: 7,550). There are no fixed repayment terms and no interest is chargeable on this balance.