| Taylor'd Renovations Limited |
| Registered number: |
09822113 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
33,904 |
|
|
39,930 |
| Investments |
4 |
|
|
154,424 |
|
|
90,670 |
|
|
|
|
188,328 |
|
|
130,600 |
|
| Current assets |
| Debtors |
5 |
|
1,027 |
|
|
1,126 |
| Cash at bank and in hand |
|
|
16,270 |
|
|
44,458 |
|
|
|
17,297 |
|
|
45,584 |
|
| Creditors: amounts falling due within one year |
6 |
|
(18,400) |
|
|
(14,056) |
|
| Net current (liabilities)/assets |
|
|
|
(1,103) |
|
|
31,528 |
|
| Total assets less current liabilities |
|
|
|
187,225 |
|
|
162,128 |
|
|
| Provisions for liabilities |
|
|
|
(6,442) |
|
|
(7,587) |
|
|
| Net assets |
|
|
|
180,783 |
|
|
154,541 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Revaluation reserve |
7 |
|
|
56,224 |
|
|
56,224 |
| Profit and loss account |
|
|
|
124,558 |
|
|
98,316 |
|
| Shareholder's funds |
|
|
|
180,783 |
|
|
154,541 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| B Taylor |
| Director |
| Approved by the board on 15 April 2026 |
|
| Taylor'd Renovations Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets as follows: |
|
|
Plant and machinery |
15% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
Investments |
|
Listed investments are measured at fair value. Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price). |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 November 2024 |
23,335 |
|
55,993 |
|
79,328 |
|
Additions |
8,198 |
|
- |
|
8,198 |
|
Disposals |
(13,586) |
|
- |
|
(13,586) |
|
At 31 October 2025 |
17,947 |
|
55,993 |
|
73,940 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
11,627 |
|
27,771 |
|
39,398 |
|
Charge for the year |
1,549 |
|
7,056 |
|
8,605 |
|
On disposals |
(7,967) |
|
- |
|
(7,967) |
|
At 31 October 2025 |
5,209 |
|
34,827 |
|
40,036 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
12,738 |
|
21,166 |
|
33,904 |
|
At 31 October 2024 |
11,708 |
|
28,222 |
|
39,930 |
|
|
| 4 |
Investments |
|
| Land and |
| property |
| £ |
|
Cost |
|
At 1 November 2024 |
90,670 |
|
Additions |
63,754 |
|
|
At 31 October 2025 |
154,424 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
1,027 |
|
1,126 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
1,706 |
|
2,587 |
|
Taxation and social security costs |
8,554 |
|
9,811 |
|
Other creditors |
8,140 |
|
1,658 |
|
|
|
|
|
|
18,400 |
|
14,056 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 November 2024 |
56,224 |
|
- |
|
Gain on revaluation of land and buildings |
- |
|
56,224 |
|
|
At 31 October 2025 |
56,224 |
|
56,224 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Byron Taylor |
|
Directors loan account |
1,658 |
|
(65,061) |
|
71,543 |
|
8,140 |
|
|
|
1,658 |
|
(65,061) |
|
71,543 |
|
8,140 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Controlling party |
|
|
The company was controlled by the director. |
|
|
| 10 |
Other information |
|
|
Taylor'd Renovations Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
23 Beamish View |
|
Stanley |
|
Co Durham |
|
DH9 0DQ |