Company Registration No. 07810054 (England and Wales)
Tailored Entertainment Limited
Unaudited accounts
for the year ended 31 October 2024
Tailored Entertainment Limited
Unaudited accounts
Contents
Tailored Entertainment Limited
Company Information
for the year ended 31 October 2024
Company Number
07810054 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Tailored Entertainment Limited
Accountants' report
Accountants' report to the director of Tailored Entertainment Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Tailored Entertainment Limited for the year ended
31 October 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Tailored Entertainment Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Tailored Entertainment Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tailored Entertainment Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Tailored Entertainment Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Tailored Entertainment Limited. You consider that Tailored Entertainment Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Tailored Entertainment Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
9 May 2025
Tailored Entertainment Limited
Statement of financial position
as at 31 October 2024
Tangible assets
10,089
13,452
Cash at bank and in hand
101,608
21,692
Creditors: amounts falling due within one year
(422,112)
(289,354)
Net current assets
208,924
283,015
Total assets less current liabilities
219,013
296,467
Creditors: amounts falling due after more than one year
(149,215)
(235,041)
Called up share capital
2
2
Profit and loss account
69,796
61,424
Shareholders' funds
69,798
61,426
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 9 May 2025 and were signed on its behalf by
Nicholas Leigh
Director
Company Registration No. 07810054
Tailored Entertainment Limited
Notes to the Accounts
for the year ended 31 October 2024
Tailored Entertainment Limited is a private company, limited by shares, registered in England and Wales, registration number 07810054. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN.
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.
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.
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:
Fixtures & fittings
25% reducing balance
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill - 10% straight line
4
Intangible fixed assets
Goodwill
Tailored Entertainment Limited
Notes to the Accounts
for the year ended 31 October 2024
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
114,059
311,883
Amounts due from group undertakings etc.
406,525
236,209
Accrued income and prepayments
1,335
1,335
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
118,400
37,393
Trade creditors
33,947
22,557
Taxes and social security
109,677
115,438
Other creditors
156,758
108,184
Loans from directors
-
2,799
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
149,215
235,041
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Tailored Entertainment Limited
Notes to the Accounts
for the year ended 31 October 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(2,799)
(203,697)
(206,496)
-
(2,799)
(203,697)
(206,496)
-
11
Average number of employees
During the year the average number of employees was 9 (2023: 18).