Company Registration No. SC726984 (Scotland)
TAYLOR WELDING & FABRICATION LTD
Unaudited accounts
for the year ended 31 March 2025
TAYLOR WELDING & FABRICATION LTD
Unaudited accounts
Contents
TAYLOR WELDING & FABRICATION LTD
Company Information
for the year ended 31 March 2025
Directors
James Alexander Taylor
Stephen Johnathan Taylor
Company Number
SC726984 (Scotland)
Registered Office
33 Newmarket Street
Ayr
Ayrshire
KA7 1LL
United Kingdom
Accountants
McKinnon & Co Ltd ACPA
33 Newmarket Street
Ayr
Ayrshire
KA7 1LL
TAYLOR WELDING & FABRICATION LTD
Statement of financial position
as at 31 March 2025
Tangible assets
41,582
29,985
Cash at bank and in hand
26,442
48,339
Creditors: amounts falling due within one year
(1,941)
(10,586)
Net current assets
27,078
40,096
Total assets less current liabilities
68,660
70,081
Creditors: amounts falling due after more than one year
(64,131)
(57,866)
Called up share capital
100
100
Profit and loss account
4,429
12,115
Shareholders' funds
4,529
12,215
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 4 December 2025 and were signed on its behalf by
James Alexander Taylor
Director
Company Registration No. SC726984
TAYLOR WELDING & FABRICATION LTD
Notes to the Accounts
for the year ended 31 March 2025
TAYLOR WELDING & FABRICATION LTD is a private company, limited by shares, registered in Scotland, registration number SC726984. The registered office is 33 Newmarket Street, Ayr, Ayrshire, KA7 1LL, United Kingdom.
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
20% reducing balance after first year
Motor vehicles
20% reducing balance after first year
Computer equipment
20% reducing balance after first year
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
29,077
5,600
429
35,106
Additions
12,594
5,000
-
17,594
At 31 March 2025
41,671
10,600
429
52,700
At 1 April 2024
3,915
1,120
86
5,121
Charge for the year
5,032
896
69
5,997
At 31 March 2025
8,947
2,016
155
11,118
At 31 March 2025
32,724
8,584
274
41,582
At 31 March 2024
25,162
4,480
343
29,985
TAYLOR WELDING & FABRICATION LTD
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
64,131
57,866
7
Average number of employees
During the year the average number of employees was 2 (2024: 3).