Registered No. SO307225 (Scotland)
Taylor Capital Partners Llp
Unaudited accounts
for the year ended 31 December 2024
Taylor Capital Partners Llp
LLP Information
for the year ended 31 December 2024
Designated members
Mr Daniel Taylor
Registered Number
SO307225 (Scotland)
Registered Office
20-23 Woodside Place
Glasgow
G3 7QL
Scotland
Accountants
Clarity Accounting (Scotland) Ltd
234 West George Street
Glasgow
G2 4QY
Taylor Capital Partners Llp
Statement of financial position
as at 31 December 2024
Tangible assets
124,027
37,306
Cash at bank and in hand
38
(11,488)
Creditors: amounts falling due within one year
(273,261)
(101,499)
Net current liabilities
(273,223)
(112,987)
Net liabilities attributable to members
(149,196)
(75,681)
Loans and other debts due to members
(359,086)
(256,294)
Other reserves
209,890
180,613
Loans and other debts due to members
(359,086)
(256,294)
Members' other interests
209,890
180,613
For the year ending 31 December 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 4 June 2025.
Mr Daniel Taylor
Designated member
Limited Liability Partnership Registration No. SO307225
Taylor Capital Partners Llp
Notes to the Accounts
for the year ended 31 December 2024
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% Reducing balance
Taylor Capital Partners Llp is a limited liability partnership, incorporated in Scotland, registration number SO307225. Its registered office is 20-23 Woodside Place, Glasgow, G3 7QL, Scotland.
3
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
81,000
6,193
87,193
Additions
92,414
23,453
115,867
Disposals
(30,651)
-
(30,651)
At 31 December 2024
142,763
29,646
172,409
At 1 January 2024
46,828
3,059
49,887
Charge for the year
9,626
6,589
16,215
On disposals
(17,720)
-
(17,720)
At 31 December 2024
38,734
9,648
48,382
At 31 December 2024
104,029
19,998
124,027
At 31 December 2023
34,172
3,134
37,306
4
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
97,809
67,035
Amounts owed to group undertakings and other participating interests
141,395
-
Taxes and social security costs
6,558
6,967
Other creditors
27,499
27,497
Taylor Capital Partners Llp
Notes to the Accounts
for the year ended 31 December 2024
5
Loans and other debts due to members
2024
2023
Loans from members
84,000
84,000
Amounts due to members in respect of profits
(443,086)
(340,294)
Amounts falling due within one year
(359,086)
(256,294)
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).