Taylors Risk and Healthcare Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03965245

Taylors Risk and Healthcare Limited

Filleted Unaudited Financial Statements

31 March 2025

Taylors Risk and Healthcare Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Taylors Risk and Healthcare Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	4		2,339		3,590

Current assets

Debtors	5	169,259	175,299
Cash at bank and in hand		2,840	777
		---------	---------
		172,099	176,076

Creditors: amounts falling due within one year	6	108,819		112,953
		---------		---------
Net current assets			63,280		63,123
			--------		--------
Total assets less current liabilities			65,619		66,713

Provisions

Taxation including deferred tax	444	682
	--------	--------
Net assets	65,175	66,031
	--------	--------

Taylors Risk and Healthcare Limited

Balance Sheet (continued)

31 March 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	65,075	65,931
	--------	--------
Shareholders funds	65,175	66,031
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 4 December 2025 , and are signed on behalf of the board by:

Mr N Taylor
Director

Company registration number: 03965245

Taylors Risk and Healthcare Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Charles Court, Budbrooke Road, Warwick, CV34 5LZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures & fittings	-	25% straight line

4. Tangible assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2024	11,441	32,658	44,099
Disposals	( 9,980)	( 25,150)	( 35,130)
	--------	--------	--------
At 31 March 2025	1,461	7,508	8,969
	--------	--------	--------
Depreciation
At 1 April 2024	10,047	30,462	40,509
Charge for the year	279	549	828
Disposals	( 9,800)	( 24,907)	( 34,707)
	--------	--------	--------
At 31 March 2025	526	6,104	6,630
	--------	--------	--------
Carrying amount
At 31 March 2025	935	1,404	2,339
	--------	--------	--------
At 31 March 2024	1,394	2,196	3,590
	--------	--------	--------

5. Debtors

	2025	2024
	£	£
Trade debtors	–	1,440
Amounts owed by group undertakings	169,259	169,259
Other debtors	–	4,600
	---------	---------
	169,259	175,299
	---------	---------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	54
Amounts owed to group undertakings	104,898	93,922
Corporation tax	37	1,832
Social security and other taxes	2,654	10,984
Other creditors	1,230	6,161
	---------	---------
	108,819	112,953
	---------	---------