1 January 2024 false No description of principal activity Taxfiler 2024.6 SO307225business:LimitedLiabilityPartnershipLLP2024-01-012024-12-31 SO3072252023-12-31 SO3072252024-01-012024-12-31 SO307225business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SO307225business:FilletedAccounts2024-01-012024-12-31 SO3072252024-12-31 SO307225business:PartnerLLP22024-01-012024-12-31 SO307225business:PartnerLLP42024-01-012024-12-31 SO307225business:RegisteredOffice2024-01-012024-12-31 SO3072252023-12-31 SO307225core:WithinOneYear2024-12-31 SO307225core:WithinOneYear2023-12-31 SO307225core:RetainedEarningsAccumulatedLosses2024-12-31 SO307225core:RetainedEarningsAccumulatedLosses2023-12-31 SO307225business:SmallEntities2024-01-012024-12-31 SO307225core:MotorVehicles2024-01-012024-12-31 SO307225countries:Scotland2024-01-012024-12-31 SO307225core:MotorVehicles2023-12-31 SO307225core:ComputerEquipment2023-12-31 SO307225core:ComputerEquipment2024-01-012024-12-31 SO307225core:MotorVehicles2024-12-31 SO307225core:ComputerEquipment2024-12-31 SO3072252023-01-012023-12-31 iso4217:GBP xbrli:pure
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
Elaine 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
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Taylor Capital Partners Llp Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
124,027 
37,306 
Current assets
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)
Represented by:
Loans and other debts due to members
(359,086)
(256,294)
Members' other interests
Other reserves
209,890 
180,613 
(149,196)
(75,681)
Total members' interests
Loans and other debts due to members
(359,086)
(256,294)
Members' other interests
209,890 
180,613 
(149,196)
(75,681)
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
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Taylor Capital Partners Llp Notes to the Accounts for the year ended 31 December 2024
1
Accounting policies
Basis of preparation
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.
Presentation currency
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
2
Statutory information
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 
Depreciation
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 
Net book value
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 
273,261 
101,499 
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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)
(359,086)
(256,294)
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).
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