Company Registration No. 07008251 (England and Wales)
Taylored Life Company Limited
Unaudited accounts
for the year ended 31 March 2025
Taylored Life Company Limited
Unaudited accounts
Contents
Taylored Life Company Limited
Company Information
for the year ended 31 March 2025
Directors
Mark Taylor
Nicola Taylor
Company Number
07008251 (England and Wales)
Registered Office
The Workbox
Wharf Road
Penzance
Cornwall
TR18 4FG
England
Accountants
Darroch Accountancy Ltd
9 Old Foundry Close
St Just
Cornwall
TR19 7QS
Taylored Life Company Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
37,039
25,400
Creditors: amounts falling due within one year
(47,291)
(71,540)
Net current assets
36,670
38,338
Total assets less current liabilities
36,670
38,656
Creditors: amounts falling due after more than one year
(1,687)
(11,667)
Provisions for liabilities
Called up share capital
102
102
Profit and loss account
34,881
26,826
Shareholders' funds
34,983
26,928
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 1 October 2025 and were signed on its behalf by
Mark Taylor
Director
Company Registration No. 07008251
Taylored Life Company Limited
Notes to the Accounts
for the year ended 31 March 2025
Taylored Life Company Limited is a private company, limited by shares, registered in England and Wales, registration number 07008251. The registered office is The Workbox, Wharf Road, Penzance, Cornwall, TR18 4FG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
33% straight line
Fixtures & fittings
20% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
1,807
775
9,116
11,698
At 31 March 2025
1,807
775
9,116
11,698
At 1 April 2024
1,807
775
8,798
11,380
Charge for the year
-
-
318
318
At 31 March 2025
1,807
775
9,116
11,698
At 31 March 2024
-
-
318
318
Taylored Life Company Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
38,915
80,920
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Taxes and social security
-
95
Other creditors
4,842
2,098
Loans from directors
18,428
23,138
Deferred income
4,182
26,002
7
Creditors: amounts falling due after more than one year
2025
2024
8
Deferred taxation
2025
2024
Accelerated capital allowances
-
61
Provision at start of year
61
238
Credited to the profit and loss account
(61)
(177)
Provision at end of year
-
61
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
1 Ordinary A shares of £1 each
1
1
1 Ordinary B shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).