REGISTERED NUMBER: 06044916 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

FOR

TAYLOR FORDYCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W P Sclater

P J Taylor

REGISTERED OFFICE:

Units 1 and 2

City Business Centre

Hyde Street

Winchester

Hampshire

SO23 7TA

REGISTERED NUMBER:

06044916 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

1,770

11,693

CURRENT ASSETS

Stocks

132,444

98,938

Debtors

5

276,567

291,198

Cash at bank and in hand

4,520

5,058

413,531

395,194

CREDITORS

Amounts falling due within one year

6

291,325

393,734

NET CURRENT ASSETS

122,206

1,460

TOTAL ASSETS LESS CURRENT LIABILITIES

123,976

13,153

CREDITORS

Amounts falling due after more than one year

7

271,671

254,832

NET LIABILITIES

(147,695

)

(241,679

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(147,895

)

(241,879

)

SHAREHOLDERS' FUNDS

(147,695

)

(241,679

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th May 2026 and were signed on its behalf by:

W P Sclater - Director

1.	STATUTORY INFORMATION

Taylor Fordyce 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.

The directors believe the company will be able to continue to finance operations for at least 12 months past the date of these financial statements and as such have continued to prepare them under the going concern basis.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold imprvmts to prop

-

10% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

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 15 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Fixtures

imprvmts

and

Computer

to prop

fittings

equipment

Totals

£

£

£

£

COST

At 1st May 2024

22,500

64,658

90,447

177,605

Additions

-

594

-

594

At 30th April 2025

22,500

65,252

90,447

178,199

DEPRECIATION

At 1st May 2024

20,250

64,658

81,004

165,912

Charge for year

2,250

149

8,118

10,517

At 30th April 2025

22,500

64,807

89,122

176,429

NET BOOK VALUE

At 30th April 2025

-

445

1,325

1,770

At 30th April 2024

2,250

-

9,443

11,693

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

158,097

162,216

Other debtors

118,470

128,982

276,567

291,198

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

103,807

168,526

Trade creditors

20,399

44,695

Taxation and social security

139,474

145,811

Other creditors

27,645

34,702

291,325

393,734

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

834

10,833

Taxation and social security

82,637

82,349

Other creditors

188,200

161,650

271,671

254,832

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

31,395

31,395

Between one and five years

125,580

125,580

In more than five years

68,023

99,418

224,998

256,393

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the estate of R Fordyce..