REGISTERED NUMBER: 11706860 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Tayfam Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr Robert James Taylor

Mrs Rachel Ann Taylor

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

11706860 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

5,952

7,935

Investment property

5

920,000

900,000

925,952

907,935

CURRENT ASSETS

Debtors

6

500

500

CREDITORS

Amounts falling due within one year

7

577,855

587,926

NET CURRENT LIABILITIES

(577,355

)

(587,426

)

TOTAL ASSETS LESS CURRENT LIABILITIES

348,597

320,509

PROVISIONS FOR LIABILITIES

83,279

60,141

NET ASSETS

265,318

260,368

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

246,445

231,444

Retained earnings

9

18,773

28,824

SHAREHOLDERS' FUNDS

265,318

260,368

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 24th September 2025 and were signed on its behalf by:

Mrs Rachel Ann Taylor - Director

1.	STATUTORY INFORMATION

Tayfam Holdings 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 as modified by the revaluation of certain assets.

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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st January 2024

and 31st December 2024

13,592

1,099

14,691

DEPRECIATION

At 1st January 2024

6,262

494

6,756

Charge for year

1,832

151

1,983

At 31st December 2024

8,094

645

8,739

NET BOOK VALUE

At 31st December 2024

5,498

454

5,952

At 31st December 2023

7,330

605

7,935

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2024

900,000

Revaluations

20,000

At 31st December 2024

920,000

NET BOOK VALUE

At 31st December 2024

920,000

At 31st December 2023

900,000

Fair value at 31st December 2024 is represented by:

£

Valuation in 2021

308,593

Valuation in 2024

20,000

Cost

591,407

920,000

If Investment property had not been revalued it would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

591,407

591,407

Investment property was valued on an open market basis on 31st December 2024 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

500

500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

1,038

-

Directors' current accounts

575,725

586,889

Accrued expenses

1,092

1,037

577,855

587,926

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st January 2024

28,824

231,444

260,268

Profit for the year

4,949

-

4,949

Assets revalued in period

(15,000

)

15,001

1

At 31st December 2024

18,773

246,445

265,218