Thomas Taylor Properties Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 03310473

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		587,923		604,567

			587,923		604,567
CURRENT ASSETS
Debtors	5	8,687		13,702
Cash at bank and in hand		11,870		3,663

		20,557		17,365
Creditors: Amounts Falling Due Within One Year	6	(685,049 )		(640,428 )

NET CURRENT ASSETS (LIABILITIES)			(664,492 )		(623,063 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(76,569 )		(18,496 )

Creditors: Amounts Falling Due After More Than One Year	7		(7,297 )		(18,187 )

NET LIABILITIES			(83,866 )		(36,683 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Income Statement			(83,868 )		(36,685 )

SHAREHOLDERS' FUNDS			(83,866)		(36,683)

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Thomas Taylor Properties Limited

Statement of Financial Position (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 Income Statement.

On behalf of the board

Mr J B Thomas

Director

30th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Thomas Taylor Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03310473 . The registered office is 421 Chester Road, Oakenholt, Flint , Flintshire, CH6 5SF.

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.

The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.

2.2. Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Freehold

Straight line over 50 years

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2023: 5)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 January 2024	832,199

As at 31 December 2024	832,199

Depreciation
As at 1 January 2024	227,632
Provided during the period	16,644

As at 31 December 2024	244,276

...CONTINUED

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Thomas Taylor Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	587,923

As at 1 January 2024	604,567

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	6,350	10,739
Other debtors	2,337	2,963

	8,687	13,702

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	10,035	10,035
Other creditors	675,014	623,909
Taxation and social security	-	6,484

	685,049	640,428

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans (1-2 yrs)	7,297	10,289
Bank loans (2-5 yrs)	-	7,898

	7,297	18,187

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

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