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Registered number: 04695665
Tailored Branding Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Deans
Gibson House Hurricane Close
Stafford
Staffordshire
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04695665
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 43,879 29,106
43,879 29,106
CURRENT ASSETS
Stocks 6 14,341 17,278
Debtors 7 11,731 12,287
Cash at bank and in hand 41,768 50,249
67,840 79,814
Creditors: Amounts Falling Due Within One Year 8 (56,286 ) (63,648 )
NET CURRENT ASSETS (LIABILITIES) 11,554 16,166
TOTAL ASSETS LESS CURRENT LIABILITIES 55,433 45,272
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,340 ) (5,530 )
NET ASSETS 47,093 39,742
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 46,993 39,642
SHAREHOLDERS' FUNDS 47,093 39,742
Page 1
Page 2
For the year ending 31 March 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S R Hesford
Director
23 June 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Tailored Branding Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of 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.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Sale of goods
Turnover from the sale of promotional merchandise and branding is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually on dispatch of the goods.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
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.
The director has confirmed that this asset has now been disposed of.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets acquired under hire purchase contracts are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset.  The related obligations, net of future finance charges, are included in creditors.
Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
2.6. Stocks and Work in Progress
Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell.  Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula.  Provision is made for damaged, obsolete and slow-moving stock where appropriate.
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2.7. 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 balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.10. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 7,560
Disposals (7,560 )
As at 31 March 2025 -
Amortisation
As at 1 April 2024 7,560
Disposals (7,560 )
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
Page 4
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5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 59,674 18,570 78,244
Additions 31,460 - 31,460
Disposals (5,408 ) - (5,408 )
As at 31 March 2025 85,726 18,570 104,296
Depreciation
As at 1 April 2024 38,948 10,190 49,138
Provided during the period 12,531 2,095 14,626
Disposals (3,347 ) - (3,347 )
As at 31 March 2025 48,132 12,285 60,417
Net Book Value
As at 31 March 2025 37,594 6,285 43,879
As at 1 April 2024 20,726 8,380 29,106
6. Stocks
2025 2024
£ £
Stock 14,341 17,278
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,011 11,554
Prepayments and accrued income 720 733
11,731 12,287
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 12,152 8,690
Bank loans and overdrafts - 359
Corporation tax 3,843 6,432
Other taxes and social security 779 1,162
VAT 3,571 5,025
Accruals and deferred income 19,444 5,539
Directors' loan accounts 16,497 36,441
56,286 63,648
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Page 6
9. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
10. Other Commitments
Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £28,200 (2024 £37,600)
Page 6