Taylors Asset Management Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04118137

Taylors Asset Management Limited

Filleted Unaudited Financial Statements

31 March 2025

Taylors Asset Management Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Taylors Asset Management Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	–	343
Investments	6	48,101	56,616
		--------	--------
		48,101	56,959

Current assets

Debtors	7	200,258	263,415
Cash at bank and in hand		12,438	46,129
		---------	---------
		212,696	309,544

Creditors: amounts falling due within one year	8	17,927		27,301
		---------		---------
Net current assets			194,769		282,243
			---------		---------
Total assets less current liabilities			242,870		339,202

Provisions

Taxation including deferred tax	–	86
	---------	---------
Net assets	242,870	339,116
	---------	---------

Taylors Asset Management Limited

Balance Sheet (continued)

31 March 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	242,770	339,016
	---------	---------
Shareholders funds	242,870	339,116
	---------	---------

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: 04118137

Taylors Asset Management 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 as modified by the revaluation of investment assets measured at fair value through profit or loss 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.

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:

	Fixtures and Fittings	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Defined contribution plans

Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 5 ).

5. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 April 2024	2,533	2,533
Disposals	( 2,533)	( 2,533)
	-------	-------
At 31 March 2025	–	–
	-------	-------
Depreciation
At 1 April 2024	2,190	2,190
Charge for the year	86	86
Disposals	( 2,276)	( 2,276)
	-------	-------
At 31 March 2025	–	–
	-------	-------
Carrying amount
At 31 March 2025	–	–
	-------	-------
At 31 March 2024	343	343
	-------	-------

6. Investments

	Listed investments
	£
Fair value
At 1 April 2024	56,616
Revaluations	( 8,515)
	--------
At 31 March 2025	48,101
	--------
Impairment
At 1 April 2024 and 31 March 2025	–
	--------

Carrying amount
At 31 March 2025	48,101
	--------
At 31 March 2024	56,616
	--------

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	197,891	263,415
Other debtors	2,367	–
	---------	---------
	200,258	263,415
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	13,369	20,908
Social security and other taxes	1,301	2,119
Other creditors	3,257	4,274
	--------	--------
	17,927	27,301
	--------	--------

9. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2025	2024
	£	£

Financial assets measured at fair value through profit or loss

Listed investments	48,101	56,616
	--------	--------