REGISTERED NUMBER: 13246235 (England and Wales)

TAAG CONSTRUCTION LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K O'Keeffe

SECRETARY:

Mrs S J O'Keeffe

REGISTERED OFFICE:

5 Priorswood Place

East Pimbo

Skelmersdale

Lancashire

WN8 9QB

REGISTERED NUMBER:

13246235 (England and Wales)

ACCOUNTANTS:

Rushtons

Chartered Accountants

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

CURRENT ASSETS

Stocks

820,841

696,833

Debtors

5,142

3,066

Cash at bank

2,480

8,038

828,463

707,937

CREDITORS

Amounts falling due within one year

960,071

787,457

NET CURRENT LIABILITIES

(131,608

)

(79,520

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(131,608

)

(79,520

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(131,609

)

(79,521

)

SHAREHOLDERS' FUNDS

(131,608

)

(79,520

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 July 2025 and were signed by:

K O'Keeffe - Director

1.	STATUTORY INFORMATION

TAAG 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.

The financial statements have been prepared on a going concern basis, the validity of which may be inappropriate as at 31 March 2025, the company's total liabilities exceeded its total assets by £131,608. The financial statements do not include any adjustment that may result from the company ceasing to trade. The directors have lent £124,267 to the company and have indicated that they do not require these funds to be repaid at present.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	ULTIMATE CONTROLLING PARTY

TAAG Construction Ltd is a subsidiary company of TAAG Steelwork Ltd, a company incorporated in England and Wales.

Mr K O'Keeffe is considered to be the ultimate controlling party at the year end.