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REGISTERED NUMBER: 13323775 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2025

for

Taylor Rankin Construction Ltd

Taylor Rankin Construction Ltd (Registered number: 13323775)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Taylor Rankin Construction Ltd

Company Information
for the Year Ended 30 April 2025







DIRECTORS: D M Taylor
J M Rankin





SECRETARY:





REGISTERED OFFICE: 52 Dudbridge Meadow
Dudbridge
Stroud
Gloucestershire
GL5 3NH





REGISTERED NUMBER: 13323775 (England and Wales)





ACCOUNTANTS: Monest Accounts Limited
Pure Offices, Kestrel Court
Waterwells Drive, Quedgeley
Gloucester
Gloucestershire
GL2 2AT

Taylor Rankin Construction Ltd (Registered number: 13323775)

Statement of Financial Position
30 April 2025

30.4.25 30.4.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,800 9,600
Tangible assets 5 35,164 45,697
39,964 55,297

CURRENT ASSETS
Debtors 6 12,999 33,566
Cash at bank 39,069 40,642
52,068 74,208
CREDITORS
Amounts falling due within one year 7 22,498 30,325
NET CURRENT ASSETS 29,570 43,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,534

99,180

CREDITORS
Amounts falling due after more than one
year

8

45,695

52,117
NET ASSETS 23,839 47,063

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,739 46,963
SHAREHOLDERS' FUNDS 23,839 47,063

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Taylor Rankin Construction Ltd (Registered number: 13323775)

Statement of Financial Position - continued
30 April 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:




D M Taylor - Director



J M Rankin - Director


Taylor Rankin Construction Ltd (Registered number: 13323775)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

Taylor Rankin Construction Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2024 - 2 ) .

Taylor Rankin Construction Ltd (Registered number: 13323775)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2024
and 30 April 2025 24,000
AMORTISATION
At 1 May 2024 14,400
Charge for year 4,800
At 30 April 2025 19,200
NET BOOK VALUE
At 30 April 2025 4,800
At 30 April 2024 9,600

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2024 87,999
Additions 1,187
At 30 April 2025 89,186
DEPRECIATION
At 1 May 2024 42,302
Charge for year 11,720
At 30 April 2025 54,022
NET BOOK VALUE
At 30 April 2025 35,164
At 30 April 2024 45,697

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Other debtors 12,999 33,566

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Hire purchase contracts 8,175 8,175
Trade creditors 1,138 -
Taxation and social security 12,885 21,850
Other creditors 300 300
22,498 30,325

Taylor Rankin Construction Ltd (Registered number: 13323775)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.25 30.4.24
£    £   
Hire purchase contracts 25,695 32,131
Other creditors 20,000 19,986
45,695 52,117