REGISTERED NUMBER: SC243574 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Simon Taylor Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Taylor

REGISTERED OFFICE:

The Paddocks

Bogend Toll

Symington

Ayrshire

KA1 5PJ

REGISTERED NUMBER:

SC243574 (Scotland)

ACCOUNTANTS:

Key Professional Partnership Ltd

Unit 3

Morris Park

37 Rosyth Road

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

281,580

351,596

CURRENT ASSETS

Stocks

11,220

29,640

Debtors

5

187,880

27,372

Cash at bank

177,534

83,477

376,634

140,489

CREDITORS

Amounts falling due within one year

6

246,677

27,944

NET CURRENT ASSETS

129,957

112,545

TOTAL ASSETS LESS CURRENT LIABILITIES

411,537

464,141

PROVISIONS FOR LIABILITIES

33,812

36,359

NET ASSETS

377,725

427,782

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

377,625

427,682

SHAREHOLDERS' FUNDS

377,725

427,782

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 director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 5 November 2025 and were signed by:

S Taylor - Director

1.	STATUTORY INFORMATION

Simon Taylor Group Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses.

Stocks

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

Financial instruments

Basic financial instruments are recognised as follows:

(i) Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method less any impairment.

(ii) Cash and cash equivalents

Cash and cash equivalents include cash at bank and in hand.

Cash and cash equivalents are shown net of bank overdrafts, which are included as current borrowings in liabilities on the balance sheet.

(iii) Creditors

Short term trade 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

144,451

646,094

18,790

60,758

870,093

Disposals

-

(48,914

)

-

-

(48,914

)

At 31 March 2025

144,451

597,180

18,790

60,758

821,179

DEPRECIATION

At 1 April 2024

-

442,375

18,475

57,647

518,497

Charge for year

2,889

47,480

79

741

51,189

Eliminated on disposal

-

(30,087

)

-

-

(30,087

)

At 31 March 2025

2,889

459,768

18,554

58,388

539,599

NET BOOK VALUE

At 31 March 2025

141,562

137,412

236

2,370

281,580

At 31 March 2024

144,451

203,719

315

3,111

351,596

Included in cost of land and buildings is freehold land of £ 144,451 (2024 - £ 144,451 ) which is not depreciated.

Property has now received building warrant and depreciation will be provided going forward

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

£

COST

At 1 April 2024

233,167

Disposals

(39,914

)

At 31 March 2025

193,253

DEPRECIATION

At 1 April 2024

151,041

Charge for year

16,438

Eliminated on disposal

(21,087

)

At 31 March 2025

146,392

NET BOOK VALUE

At 31 March 2025

46,861

At 31 March 2024

82,126

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

186,962

20,637

Other debtors

918

6,735

187,880

27,372

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

35,785

582

Taxation and social security

66,213

17,483

Other creditors

144,679

9,879

246,677

27,944

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

S Taylor

Balance outstanding at start of year

6,235

(10,886

)

Amounts advanced

-

17,121

Amounts repaid

(6,235

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

6,235