REGISTERED NUMBER: 12339294 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TAISON GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

David Mark Sladdin

Jagdish Tailor

Nilesh Tailor

REGISTERED OFFICE:

Howard House

Aire Valley Park

Dowley Gap Lane

Bingley

West Yorkshire

BD16 1WA

REGISTERED NUMBER:

12339294 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

1 Valley Court

Canal Road

Bradford

West Yorkshire

BD1 4SP

FIXED ASSETS

Intangible assets

4

1,650

1,950

Tangible assets

5

22,895

32,588

Investments

6

-

91

24,545

34,629

CURRENT ASSETS

Debtors

7

4,479

3,123

Prepayments and accrued income

3,288

1,498

Cash at bank

1,407

3,118

9,174

7,739

CREDITORS

Amounts falling due within one year

8

39,086

38,253

NET CURRENT LIABILITIES

(29,912

)

(30,514

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,367

)

4,115

ACCRUALS AND DEFERRED INCOME

1,575

1,500

NET (LIABILITIES)/ASSETS

(6,942

)

2,615

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Profit and loss account

(16,942

)

(7,385

)

(6,942

)

2,615

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

David Mark Sladdin - Director

1.	STATUTORY INFORMATION

Taison Group Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Intangible assets

Intangible assets ar initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patent is being amortised evenly over its estimated useful life of 10 years.

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

-

20% on cost and at varying rates on cost

Fixtures and fittings

-

20% on cost

Computer Equipment

-

50% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2024

and 31 December 2024

3,000

AMORTISATION

At 1 January 2024

1,050

Amortisation for year

300

At 31 December 2024

1,350

NET BOOK VALUE

At 31 December 2024

1,650

At 31 December 2023

1,950

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

Equipment

Totals

£

£

£

£

COST

At 1 January 2024

63,495

1,740

5,712

70,947

Disposals

-

(360

)

(4,665

)

(5,025

)

At 31 December 2024

63,495

1,380

1,047

65,922

DEPRECIATION

At 1 January 2024

31,684

1,176

5,499

38,359

Charge for year

9,088

276

212

9,576

Eliminated on disposal

-

(243

)

(4,665

)

(4,908

)

At 31 December 2024

40,772

1,209

1,046

43,027

NET BOOK VALUE

At 31 December 2024

22,723

171

1

22,895

At 31 December 2023

31,811

564

213

32,588

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

91

Disposals

(91

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

91

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,479

2,250

Amounts owed by associates

-

800

Other debtors

-

73

4,479

3,123

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

15,467

21,933

Other creditors

23,619

16,320

39,086

38,253