Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 proeprty development false 2024-01-01 false 0 0 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12395504 2024-01-01 2024-12-31 12395504 2023-01-01 2023-12-31 12395504 2024-12-31 12395504 2023-12-31 12395504 c:Director2 2024-01-01 2024-12-31 12395504 d:FurnitureFittings 2024-01-01 2024-12-31 12395504 d:FurnitureFittings 2024-12-31 12395504 d:FurnitureFittings 2023-12-31 12395504 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 12395504 d:CurrentFinancialInstruments 2024-12-31 12395504 d:CurrentFinancialInstruments 2023-12-31 12395504 d:Non-currentFinancialInstruments 2024-12-31 12395504 d:Non-currentFinancialInstruments 2023-12-31 12395504 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 12395504 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12395504 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 12395504 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 12395504 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 12395504 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 12395504 d:ShareCapital 2024-12-31 12395504 d:ShareCapital 2023-12-31 12395504 d:RetainedEarningsAccumulatedLosses 2024-12-31 12395504 d:RetainedEarningsAccumulatedLosses 2023-12-31 12395504 c:FRS102 2024-01-01 2024-12-31 12395504 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12395504 c:FullAccounts 2024-01-01 2024-12-31 12395504 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12395504 2 2024-01-01 2024-12-31 12395504 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 12395504 TAYLEN DEVELOPMENTS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
TAYLEN DEVELOPMENTS LIMITED REGISTERED NUMBER: 12395504 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 2,662 |  | 3,328
|  |  | 2,662 |  | 3,328
Current assets |  |  |  |  |
Stocks | 5 | - |  | 376,704 |
Debtors: amounts falling due within one year | 6 | 270 |  | 16 |
Cash at bank and in hand | 7 | 10,939 |  | 49,577 |
|  | 11,209 |  | 426,297 |
Creditors: amounts falling due within one year | 8 | (13,565) |  | (244,769) |
Net current (liabilities)/assets |  |  | (2,356) |  | 181,528
Total assets less current liabilities |  |  | 306 |  | 184,856
Creditors: amounts falling due after more than one year | 9 |  | - |  | (204,987)
Net assets/(liabilities) |  |  | 306 |  | (20,131)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 206 |  | (20,231)
|  |  | 306 |  | (20,131)
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TAYLEN DEVELOPMENTS LIMITED REGISTERED NUMBER: 12395504 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 October 2025.
................................................ Jonathan Taylor
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
TAYLEN DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Taylen Developments Limited is a private company, limited by its share capital, incorporated in England and Wales. The principal activity of the Company was that of property development. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
TAYLEN DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.6 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 20% | reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.7 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 4
TAYLEN DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.9 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The Company has no employees other than the directors, who did not receive any remuneration (2023 - £Nil).
4. | Tangible fixed assets
|  | Fixtures and fittings
|  | £
| Cost or valuation |
| At 1 January 2024 | 5,428
| At 31 December 2024 | 5,428
| Depreciation |
| At 1 January 2024 | 2,100
| Charge for the year on owned assets | 666
| At 31 December 2024 | 2,766
| Net book value |
| At 31 December 2024 | 2,662
| At 31 December 2023 | 3,328
Page 5
TAYLEN DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Stocks
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Work in progress | - | 376,704
|  | - | 376,704
6. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed by associated entieties | 100 | -
| Other debtors | - | 16
| Prepayments and accrued income | 170 | -
|  | 270 | 16
7. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 10,939 | 49,577
|  | 10,939 | 49,577
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TAYLEN DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other taxation and social security | 1 | 400
| Other creditors | 12,269 | 242,887
| Accruals and deferred income | 1,295 | 1,482
|  | 13,565 | 244,769
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | - | 204,987
|  | - | 204,987
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due 1-2 years |  |
| Bank loans | - | 204,987
|  | - | 204,987
11. | Controlling party
There is no overall controlling party.
Page 7