Taylor Computer Solutions Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05657092

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		678		904

			678		904
CURRENT ASSETS
Stocks	5	12,157		21,360
Debtors	6	735		805
Cash at bank and in hand		5,571		6,270

		18,463		28,435
Creditors: Amounts Falling Due Within One Year	7	(1,750 )		(1,749 )

NET CURRENT ASSETS (LIABILITIES)			16,713		26,686

TOTAL ASSETS LESS CURRENT LIABILITIES			17,391		27,590

NET ASSETS			17,391		27,590

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			17,389		27,588

SHAREHOLDERS' FUNDS			17,391		27,590

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Taylor Computer Solutions Limited

Balance Sheet (continued)

As At 31 December 2024

For the 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.

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 Matthew Taylor

Director

10th September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Taylor Computer Solutions Limited Registered number 05657092 is a limited by shares company incorporated in England & Wales. The Registered Office is 3 Greaves House Lane, Lepton, Huddersfield, West Yorkshire, HD8 0DJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was two. 2 (2023: 2)

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Taylor Computer Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	4,178	2,288	6,466

As at 31 December 2024	4,178	2,288	6,466

Depreciation
As at 1 January 2024	4,081	1,481	5,562
Provided during the period	24	202	226

As at 31 December 2024	4,105	1,683	5,788

Net Book Value
As at 31 December 2024	73	605	678

As at 1 January 2024	97	807	904

5. Stocks

	2024	2023
	£	£
Finished goods	12,157	21,360

6. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	500	500
VAT	235	305

	735	805

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals and deferred income	325	325
Directors' loan accounts	1,425	1,424

	1,750	1,749

8. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1 each	2	2

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Taylor Computer Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr M Taylor .

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