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REGISTERED NUMBER: 08124033 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

TAYLOR'S CARDS LIMITED

TAYLOR'S CARDS LIMITED (REGISTERED NUMBER: 08124033)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TAYLOR'S CARDS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: K L Taylor





REGISTERED OFFICE: 467 Rainham Road South
Dagenham
Essex
RM10 7XJ





REGISTERED NUMBER: 08124033 (England and Wales)





ACCOUNTANTS: Pickering Evennett Limited
467 Rainham Road South
Dagenham
Essex
RM10 7XJ

TAYLOR'S CARDS LIMITED (REGISTERED NUMBER: 08124033)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,013 9,577

CURRENT ASSETS
Stocks 37,553 47,021
Debtors 5 - 7,053
Cash at bank and in hand 35,445 40,922
72,998 94,996
CREDITORS
Amounts falling due within one year 6 87,562 100,156
NET CURRENT LIABILITIES (14,564 ) (5,160 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,551

)

4,417

CREDITORS
Amounts falling due after more than one
year

7

3,195

8,140
NET LIABILITIES (8,746 ) (3,723 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (8,747 ) (3,724 )
SHAREHOLDERS' FUNDS (8,746 ) (3,723 )

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

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

TAYLOR'S CARDS LIMITED (REGISTERED NUMBER: 08124033)

BALANCE SHEET - continued
31 OCTOBER 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 28 July 2025 and were signed by:





K L Taylor - Director


TAYLOR'S CARDS LIMITED (REGISTERED NUMBER: 08124033)

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


1. STATUTORY INFORMATION

Taylor's Cards 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 7 ) .

TAYLOR'S CARDS LIMITED (REGISTERED NUMBER: 08124033)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 19,827
DEPRECIATION
At 1 November 2023 10,250
Charge for year 564
At 31 October 2024 10,814
NET BOOK VALUE
At 31 October 2024 9,013
At 31 October 2023 9,577

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 7,053

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 31,040 40,600
Taxation and social security 3,049 2,273
Other creditors 48,473 52,283
87,562 100,156

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,195 8,140

TAYLOR'S CARDS LIMITED (REGISTERED NUMBER: 08124033)

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


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following capital was introduced by Mr K Taylor a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
K L Taylor
Balance outstanding at start of year (48,925 ) (51,649 )
Amounts advanced 4,092 2,724
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (44,833 ) (48,925 )