REGISTERED NUMBER: 10852211 (England and Wales)

TAYLOR ELECTRICAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr W Taylor

REGISTERED OFFICE:

Caravan Maytree Paddocks

Hawthorne Corner

Herne Bay

Kent

CT6 6TL

REGISTERED NUMBER:

10852211 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Tangible assets

4

17,909

16,859

CURRENT ASSETS

Debtors

5

31,440

84,809

Cash at bank

40,916

2,823

72,356

87,632

CREDITORS

Amounts falling due within one year

6

(55,333

)

(47,700

)

NET CURRENT ASSETS

17,023

39,932

TOTAL ASSETS LESS CURRENT LIABILITIES

34,932

56,791

CREDITORS

Amounts falling due after more than one year

7

(6,333

)

(33,282

)

NET ASSETS

28,599

23,509

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

28,499

23,409

28,599

23,509

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 April 2026 and were signed by:

Mr W Taylor - Director

1.	STATUTORY INFORMATION

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

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.

Plant and machinery

-

25% on reducing balance

Fixture & Fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Fixture &

Motor

Computer

machinery

Fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

14,651

-

22,820

4,292

41,763

Additions

4,088

1,818

-

408

6,314

At 31 July 2025

18,739

1,818

22,820

4,700

48,077

DEPRECIATION

At 1 August 2024

10,518

-

11,136

3,250

24,904

Charge for year

2,055

455

2,337

417

5,264

At 31 July 2025

12,573

455

13,473

3,667

30,168

NET BOOK VALUE

At 31 July 2025

6,166

1,363

9,347

1,033

17,909

At 31 July 2024

4,133

-

11,684

1,042

16,859

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Sundry debtors

-

13,490

Genus Rail Limited

31,440

48,000

Directors' current accounts

-

23,319

31,440

84,809

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

21,000

22,000

Hire purchase contracts

-

1,860

Corporation Tax

22,536

14,785

VAT

8,553

7,355

Sundry creditors

(1,293

)

-

Directors' current accounts

2,438

-

Accrued expenses

2,099

1,700

55,333

47,700

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

6,333

26,333

Hire purchase contracts

-

6,949

6,333

33,282