REGISTERED NUMBER: 00602674 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TAYLORS (CONFECTIONERS) LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

186,466

191,635

Investment property

5

450,000

450,000

636,466

641,635

CURRENT ASSETS

Stocks

10,405

11,490

Debtors

45,598

46,577

Cash at bank and in hand

703,473

568,340

759,476

626,407

CREDITORS

Amounts falling due within one year

152,121

56,058

NET CURRENT ASSETS

607,355

570,349

TOTAL ASSETS LESS CURRENT LIABILITIES

1,243,821

1,211,984

PROVISIONS FOR LIABILITIES

17,782

18,107

NET ASSETS

1,226,039

1,193,877

CAPITAL AND RESERVES

Called up share capital

6

3,000

3,000

Capital redemption reserve

57,000

57,000

Capital contribution reserve

80,000

82,000

Non distributable reserve

26,440

26,440

Retained earnings

1,059,599

1,025,437

SHAREHOLDERS' FUNDS

1,226,039

1,193,877

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:

R Taylor - Director

1.	STATUTORY INFORMATION

Taylors (Confectioners) 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:

00602674

Registered office:

Hill Street Bakery

Leigh

Lancashire

WN7 4DT

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.

Tangible fixed assets

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

Long leasehold

-

2% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

534,159

Additions

31,468

Disposals

(44,342

)

At 31 March 2025

521,285

DEPRECIATION

At 1 April 2024

342,524

Charge for year

20,645

Eliminated on disposal

(28,350

)

At 31 March 2025

334,819

NET BOOK VALUE

At 31 March 2025

186,466

At 31 March 2024

191,635

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

450,000

NET BOOK VALUE

At 31 March 2025

450,000

At 31 March 2024

450,000

6.	CALLED UP SHARE CAPITAL

Number:

Class:

Nominal

2025

2024

Value:

£

£

2980

Ordinary

£1

2,980

2,980

5

'A' Ordinary

£1

5

5

5

'B' Ordinary

£1

5

5

5

'C' Ordinary

£1

5

5

5

'D' Ordinary

£1

5

5

3,000

3,000