REGISTERED NUMBER: 15399795 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 9 JANUARY 2024 TO 31 JANUARY 2025

FOR

Notman & Taylor Limited

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

6

Fixed assets

Tangible assets

4

1,116

Current assets

Debtors

5

26,306

Cash at bank

3,818

30,124

Creditors

Amounts falling due within one year

6

11,167

Net current assets

18,957

Total assets less current liabilities

20,073

Capital and reserves

Called up share capital

7

20

Retained earnings

20,053

Shareholders' funds

20,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 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 & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

Mrs A L Notman - Director

1.	STATUTORY INFORMATION

Notman & Taylor Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15399795

Registered office:

69 Fore Street

Kingsand

Torpoint

Cornwall

PL10 1NA

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 includes revenue earned from the rendering of services. Turnover is measured at the fair value of the consideration receivable and net of value added tax, discounts and other sales taxes for services provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & 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 period 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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

Additions

698

697

1,395

At 31 January 2025

698

697

1,395

Depreciation

Charge for period

140

139

279

At 31 January 2025

140

139

279

Net book value

At 31 January 2025

558

558

1,116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

24,415

Other debtors

1,891

26,306

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

4,599

Other creditors

6,568

11,167

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

20

Ordinary

£1

20

20 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £584 to its director, Mrs A Notman.

At the balance sheet date the company owed £2,387 to its director, Mr H Taylor.

The amounts are interest free with no fixed date for repayment.

During the year, the company paid £15,390 for the provision of consultancy services, to BSS (SW) Ltd, a company in which Mr H Taylor is also a director.

A further £2,522 was owed to BSS (SW) Ltd at the year end.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A L Notman.