Unaudited Financial Statements

for the Year Ended 27 August 2024

for

Fenton Taylor Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R G White

SECRETARY:

R G White

REGISTERED OFFICE:

c/o Williams & Co.

8/10 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

06492254 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

743

1,022

CURRENT ASSETS

Debtors

5

77,925

52,380

Cash at bank

89,762

68,895

167,687

121,275

CREDITORS

Amounts falling due within one year

6

159,972

110,735

NET CURRENT ASSETS

7,715

10,540

TOTAL ASSETS LESS CURRENT LIABILITIES

8,458

11,562

PROVISIONS FOR LIABILITIES

186

256

NET ASSETS

8,272

11,306

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

7,272

10,306

SHAREHOLDERS' FUNDS

8,272

11,306

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 August 2024 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.

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 director and authorised for issue on 13 May 2025 and were signed by:

R G White - Director

1.	STATUTORY INFORMATION

Fenton 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.

Turnover

Turnover represents net invoiced commissions and lettings charges, and is recognised when the company obtains right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

20% on cost

Plant and machinery etc

-

25% on reducing balance and Straight line over 3 years

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 28 August 2023

and 27 August 2024

2,420

43,014

45,434

DEPRECIATION

At 28 August 2023

2,420

41,992

44,412

Charge for year

-

279

279

At 27 August 2024

2,420

42,271

44,691

NET BOOK VALUE

At 27 August 2024

-

743

743

At 27 August 2023

-

1,022

1,022

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by associates

76,916

52,276

Other debtors

1,009

104

77,925

52,380

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

(34

)

2,600

Other creditors

160,006

108,135

159,972

110,735

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	RELATED PARTY DISCLOSURES

At the balance sheet date Fenton Taylor Limited was owed by Grant White Design Limited £32,767 (2023: £8,127).

During the period, Grant White Design Limited charged Fenton Taylor Limited £53,613 in management fees (2023: £42,000).

The Director and Shareholder of Fenton Taylor Limited, R G White, is also a Director and Shareholder of Grant White Design Limited.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is R G White.