Company registration number: SC656014
Annual report and unaudited financial statements
for the year ended 28 February 2026
for
Taylor Property Letting Ltd
Pages for filing with the Registrar
Company registration number: SC656014
Taylor Property Letting Ltd
Balance sheet
as at 28 February 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets - 253
Investment property 4 204,793 204,793
204,793 205,046
Current assets
Debtors 5 106 90
Cash at bank and in hand 29,410 23,960
29,516 24,050
Creditors: amounts falling due within one
year 		6 (103,332) (101,915)
Net current liabilities (73,816) (77,865)
Total assets less current liabilities 130,977 127,181
Creditors: Amounts falling due after more
than one year 		7 (124,247) (125,666)
NET ASSETS 6,730 1,515
Capital and reserves
Called up share capital 10 10
Profit and loss account 6,720 1,505
TOTAL EQUITY 6,730 1,515
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: SC656014
Taylor Property Letting Ltd
Balance sheet - continued
as at 28 February 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr I Taylor, Director
30 April 2026
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Taylor Property Letting Ltd
Notes to the financial statements
for the year ended 28 February 2026
1 Company information
Taylor Property Letting Ltd is a private company registered in Scotland. Its registered number is SC656014. The company is limited by shares. Its registered office is 6 Clovis Duveau Drive, Dundee, Angus, DD2 5JB.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 etc.:
Computer Equipment - 33% straight line
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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Taylor Property Letting Ltd
Notes to the financial statements - continued
for the year ended 28 February 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 Average number of employees
During the year the average number of employees was 1 (2025 - 1).
4 Investment property
£
Valuation
At 1 March 2025 204,793
At 28 February 2026 204,793
5 Debtors
2026 2025
£ £
Prepayments and accrued income 106 90
6 Creditors: amounts falling due within one year
2026 2025
£ £
Amounts owed to directors 101,269 100,926
Taxation 1,283 209
Accruals and deferred income 780 780
103,332 101,915
7 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans 124,247 125,666
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Taylor Property Letting Ltd
Notes to the financial statements - continued
for the year ended 28 February 2026
8 Investment Properties
The Investment Properties comprises of 2 residential letting properties available for rent. The fair value of the Investment Properties has been arrived at on the basis of an internal valuation carried out by the Director at the year end and based on the current market values of similar assets in the area of the Investments. The Director deems the fair value to be £204,793.

If Investment Properties were stated on a historical cost basis rather than a fair value basis, the amounts would have been included at £204,793.
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