| Taylor Property Letting Ltd |
| Registered Number:SC656014 |
For the year ended 28 February 2025
Scotland
Unaudited Financial Statements
For the year ended 28 February 2025
Taylor Property Letting Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Taylor Property Letting Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
253
652
2
3
204,793
204,793
205,046
205,445
| Trade and other receivables |
116
90
4
17,836
| Cash and cash equivalents |
23,960
24,050
17,952
| Trade and other payables: amounts falling due within one year |
(101,393)
(101,915)
5
(83,441)
(77,865)
Net current liabilities
| Total assets less current liabilities |
127,181
122,004
| Trade and other payables: amounts falling due after more than one year |
(125,003)
(125,666)
6
1,515
Net assets/liabilities
(2,999)
10
10
1,505
(3,009)
1,515
(2,999)
Shareholders' funds
| For the year ended 28 February 2025 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Iain Stewart Taylor Director |
| These financial statements were approved and authorised for issue by the Board on 02 June 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 28 February 2025
Taylor Property Letting Ltd
Notes to the Financial Statements
Statutory Information
| Taylor Property Letting Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC656014. |
6 Clovis Duveau Drive
Dundee
DD2 5JB
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Investment property
| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss. |
| 2. Property, plant and equipment |
1,209
1,209
| Provision for depreciation and impairment |
557
Charge for year
399
956
253
652
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For the year ended 28 February 2025
Taylor Property Letting Ltd
Notes to the Financial Statements Continued
204,793
204,793
204,793
204,793
| 4. Trade and other receivables |
2024
2025
90
116
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
209
-
101,706
101,393
101,915
101,393
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
125,666
125,003
| 7. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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