Registration number: 00261742

Armand Taylor and Company Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Armand Taylor and Company Limited

Company Information

Director

G Carnie

Company secretary

G Carnie

Registered office

The Clock Tower Old Weston Road Flax Bourton Bristol BS48 1UR

Accountants

Burton Sweet Limited Chartered Acountants & Business Advisors The Clock Tower Old Weston Road Flax Bourton Bristol BS48 1UR

Armand Taylor and Company Limited

(Registration number: 00261742)
Balance Sheet
31 December 2024

	Note	2024 £	(As restated) 2023 £
Fixed assets
Tangible assets	4	2,792	3,240
Investment property	5	320,000	300,000
		322,792	303,240
Current assets
Debtors	6	452	-
Investments	7	3,681	3,681
Cash at bank and in hand		220,817	21,397
		224,950	25,078
Creditors: Amounts falling due within one year	8	(207,602)	(9,557)
Net current assets		17,348	15,521
Total assets less current liabilities		340,140	318,761
Provisions for liabilities		(9,072)	(4,761)
Net assets		331,068	314,000
Capital and reserves
Called up share capital		4,800	4,800
Retained earnings		326,268	309,200
Shareholders' funds		331,068	314,000

Armand Taylor and Company Limited

(Registration number: 00261742)
Balance Sheet
31 December 2024

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 September 2025
 

......................................... G Carnie Director

Armand Taylor and Company Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Clock Tower
Old Weston Road
Flax Bourton
Bristol
BS48 1UR

These financial statements were authorised for issue by the director on 2 September 2025.

Prior year adjustment

The financial statements for period ended 31 December 2023 have been amended to include a provision for deferred tax. This has increased provisions by £4,761 and decreased retained earnings by £4,761.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Armand Taylor and Company Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for rent received and the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	3 years straight line
Plant and machinery	25% reducing balance

Armand Taylor and Company Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments are carried at fair value where this can be measured reliabily. All other invetments are carried at cost less impairment.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

Armand Taylor and Company Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 January 2024	6,990	6,641	13,631
Additions	249	1,086	1,335
At 31 December 2024	7,239	7,727	14,966
Depreciation
At 1 January 2024	5,942	4,449	10,391
Charge for the year	325	1,458	1,783
At 31 December 2024	6,267	5,907	12,174
Carrying amount
At 31 December 2024	972	1,820	2,792
At 31 December 2023	1,048	2,192	3,240

5	Investment properties

	2024 £
At 1 January	300,000
Fair value adjustments	20,000
At 31 December	320,000

Properties were valued by the director in 2024, on an open market value for existing use basis.

6

Debtors

Armand Taylor and Company Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

	2024 £	2023 £
Other debtors	222	-
Prepayments	230	-
	452	-

7	Current asset investments

	2024 £	2023 £
Other investments	3,681	3,681

8

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Accruals and deferred income	1,740	1,662
Other creditors	205,862	7,895
	207,602	9,557