TAYLORCARE LIMITED

Company Registration Number:
09247080 (England and Wales)

Unaudited statutory accounts for the year ended 28 September 2024

Period of accounts

Start date: 29 September 2023

End date: 28 September 2024

TAYLORCARE LIMITED

Contents of the Financial Statements

for the Period Ended 28 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TAYLORCARE LIMITED

Directors' report period ended 28 September 2024

The directors present their report with the financial statements of the company for the period ended 28 September 2024

Principal activities of the company

The company's principal activity during the year continued to be that of employment agency activities.



Directors

The director shown below has held office during the whole of the period from
29 September 2023 to 28 September 2024

Mr D. Taylor


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 June 2025

And signed on behalf of the board by:
Name: Mr D. Taylor
Status: Director

TAYLORCARE LIMITED

Profit And Loss Account

for the Period Ended 28 September 2024

2024 2023


£

£
Turnover: 2,324,205 2,504,561
Cost of sales: ( 1,389,655 ) ( 1,885,209 )
Gross profit(or loss): 934,550 619,352
Administrative expenses: ( 792,684 ) ( 369,441 )
Other operating income: 0 1,495
Operating profit(or loss): 141,866 251,406
Interest receivable and similar income: 0 240
Interest payable and similar charges: ( 815 ) ( 2,388 )
Profit(or loss) before tax: 141,051 249,258
Tax: ( 35,675 ) ( 48,658 )
Profit(or loss) for the financial year: 105,376 200,600

TAYLORCARE LIMITED

Balance sheet

As at 28 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 22,259 28,325
Total fixed assets: 22,259 28,325
Current assets
Stocks: 4 30,100 102,500
Debtors: 5 387,240 494,068
Cash at bank and in hand: 167,512 123,119
Total current assets: 584,852 719,687
Creditors: amounts falling due within one year: 6 ( 83,467 ) ( 233,696 )
Net current assets (liabilities): 501,385 485,991
Total assets less current liabilities: 523,644 514,316
Creditors: amounts falling due after more than one year: 7 ( 9,014 ) ( 19,062 )
Total net assets (liabilities): 514,630 495,254
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 514,629 495,253
Total Shareholders' funds: 514,630 495,254

The notes form part of these financial statements

TAYLORCARE LIMITED

Balance sheet statements

For the year ending 28 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 June 2025
and signed on behalf of the board by:

Name: Mr D. Taylor
Status: Director

The notes form part of these financial statements

TAYLORCARE LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery etc 33% on cost Motor vehicle 25% on reducing balance

    Other accounting policies

    Investments : Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. Stocks Work in progress is valued at the lower of cost and net realisable value. Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. Provisions Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. Foreign currency translation Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. Leased assets A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. Pensions Contributions to defined contribution plans are expensed in the period to which they relate.

TAYLORCARE LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 55 72

TAYLORCARE LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 September 2023 3,587 37,083 40,670
Additions 1,745 1,745
Disposals
Revaluations
Transfers
At 28 September 2024 5,332 37,083 42,415
Depreciation
At 29 September 2023 3,075 9,270 12,345
Charge for year 858 6,953 7,811
On disposals
Other adjustments
At 28 September 2024 3,933 16,223 20,156
Net book value
At 28 September 2024 1,399 20,860 22,259
At 28 September 2023 512 27,813 28,325

TAYLORCARE LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

4. Stocks

2024 2023
£ £
Stocks 30,100 102,500
Total 30,100 102,500

TAYLORCARE LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

5. Debtors

2024 2023
£ £
Trade debtors 387,240 494,068
Total 387,240 494,068

TAYLORCARE LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 10,250 10,035
Trade creditors 4,522 13,059
Taxation and social security 54,038 200,656
Other creditors 14,657 9,946
Total 83,467 233,696

TAYLORCARE LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 9,014 19,062
Total 9,014 19,062