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Company Registration No. 13247130 (England and Wales)
TAYLOR AND KING LTD Unaudited accounts for the year ended 31 March 2025
TAYLOR AND KING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TAYLOR AND KING LTD Company Information for the year ended 31 March 2025
Directors
Elliot Taylor Daniel James King
Company Number
13247130 (England and Wales)
Registered Office
JSM - BRIGHTFIELD BUSINESS HUB BAKEWELL ORTON SOUTHGATE PETERBOROUGH PE2 6XU ENGLAND
Accountants
JSM Partners Brightfield Business Hub Bakewell Road Peterborough Cambridgeshire PE2 6XU
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TAYLOR AND KING LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
(24)
Investment property
5
300,000
295,000
300,000
294,976
Current assets
Debtors
6
30
-
Cash at bank and in hand
1,669
1,446
1,699
1,446
Creditors: amounts falling due within one year
7
(124,916)
(212,900)
Net current liabilities
(123,217)
(211,454)
Total assets less current liabilities
176,783
83,522
Creditors: amounts falling due after more than one year
8
(210,842)
(110,376)
Provisions for liabilities
Deferred tax
(5,881)
(4,631)
Net liabilities
(39,940)
(31,485)
Capital and reserves
Called up share capital
100
100
Revaluation reserve
27,116
27,116
Profit and loss account
(67,156)
(58,701)
Shareholders' funds
(39,940)
(31,485)
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by
Elliot Taylor Director Company Registration No. 13247130
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TAYLOR AND KING LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
TAYLOR AND KING LTD is a private company, limited by shares, registered in England and Wales, registration number 13247130. The registered office is JSM - BRIGHTFIELD BUSINESS HUB BAKEWELL , ORTON SOUTHGATE, PETERBOROUGH, PE2 6XU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
1,338
Disposals
(1,338)
At 31 March 2025
-
Depreciation
At 1 April 2024
1,362
On disposals
(1,362)
At 31 March 2025
-
Net book value
At 31 March 2025
-
At 31 March 2024
(24)
5
Investment property
2025
£
Fair value at 1 April 2024
295,000
Net gain from fair value adjustments
5,000
At 31 March 2025
300,000
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TAYLOR AND KING LTD Notes to the Accounts for the year ended 31 March 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
30
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
-
60,000
Loans from directors
124,916
151,760
Accruals
-
1,140
124,916
212,900
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
210,842
110,376
9
Loans to directors
During the year loans totalling £124,916 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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