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REGISTERED NUMBER: 08535738 (England and Wales)















R S TAYLOR LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






R S TAYLOR LIMITED (REGISTERED NUMBER: 08535738)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


R S TAYLOR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: R I Taylor



REGISTERED OFFICE: Beech House
Chapel Fields Caravan Park
Trunch Lane, Chapel St. Leonards
Skegness
Lincolnshire
PE24 5UA



REGISTERED NUMBER: 08535738 (England and Wales)



ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF



BANKERS: Barclays Bank plc
Leicester
Leicestershire
LE87 2BB

R S TAYLOR LIMITED (REGISTERED NUMBER: 08535738)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 692,635 579,401
692,635 579,401

CURRENT ASSETS
Stocks - 5,500
Debtors 6 1,247 6,411
Cash at bank 73,084 44,689
74,331 56,600
CREDITORS
Amounts falling due within one year 7 88,391 93,287
NET CURRENT LIABILITIES (14,060 ) (36,687 )
TOTAL ASSETS LESS CURRENT LIABILITIES 678,575 542,714

CREDITORS
Amounts falling due after more than one year 8 (508,383 ) (502,934 )

PROVISIONS FOR LIABILITIES (6,375 ) -
NET ASSETS 163,817 39,780

CAPITAL AND RESERVES
Called up share capital 9 900 900
Retained earnings 162,917 38,880
SHAREHOLDERS' FUNDS 163,817 39,780

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

R S TAYLOR LIMITED (REGISTERED NUMBER: 08535738)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2025 and were signed by:





R I Taylor - Director


R S TAYLOR LIMITED (REGISTERED NUMBER: 08535738)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

R S 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 the fair value of rents received from properties, site fees from a holiday park and consideration received from the sale of health treatments. Rents and site fees received are recognised at the point of occupation and sales income is recognised on the day the treatments are provided.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website domain is being amortised evenly over its estimated useful life of five years.

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 - 5% on cost and Land - Not depreciated
Plant and machinery etc - 33% on cost, 15% on reducing balance and Straight line over 3 years

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are valued at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 2 ) .

R S TAYLOR LIMITED (REGISTERED NUMBER: 08535738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 1,000
AMORTISATION
At 1 January 2024
and 31 December 2024 1,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 590,401 3,196 593,597
Additions 17,450 118,251 135,701
At 31 December 2024 607,851 121,447 729,298
DEPRECIATION
At 1 January 2024 13,717 479 14,196
Charge for year 12,793 9,674 22,467
At 31 December 2024 26,510 10,153 36,663
NET BOOK VALUE
At 31 December 2024 581,341 111,294 692,635
At 31 December 2023 576,684 2,717 579,401

The properties were valued by the director as at 31 December 2024 by considering cost and fair values of recent, comparable property sales in the local area.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 5,052
Prepayments and accrued income 1,247 1,359
1,247 6,411

R S TAYLOR LIMITED (REGISTERED NUMBER: 08535738)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Finance leases 8,734 -
Trade creditors 2,500 1,658
Taxation 38,104 -
VAT 4,323 8,340
Accruals and deferred income 34,730 83,289
88,391 93,287

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Finance leases 78,382 -
Directors' loan accounts 430,001 502,934
508,383 502,934

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
900 Ordinary shares £1 900 900