TAURUS PROPERTY IMPROVEMENTS LTD


Directors	BULL, Glyn
	BULL, Nia


Registered Address	33 Leys Avenue
	Desborough
	Kettering
	NN14 2PY


Registered Number	16207610 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026
		£	£
Current assets
Debtors	4	53,943
Cash at bank and on hand		4,717
		58,660
Creditors amounts falling due within one year	5	(60,415)
Net current assets (liabilities)			(1,755)
Total assets less current liabilities			(1,755)
Net assets			(1,755)
Capital and reserves
Called up share capital			2
Profit and loss account			(1,757)
Shareholders' funds			(1,755)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 March 2026, and are signed on its behalf by:

BULL, Glyn
Director

BULL, Nia
Director

Registered Company No. 16207610

TAURUS PROPERTY IMPROVEMENTS LTD

Notes to the Financial Statements
for the period ended 31 January 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover represents amounts receivable for services provided during the year, excluding VAT.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other 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 net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Staff Costs
	Wages/salaries (director salary)

3.	Average number of employees


		2026
	Average number of employees during the year	2

4.	Debtors: amounts due within one year

		2026
		£
	Trade debtors / trade receivables	34,040
	Other debtors	19,903
	Total	53,943

5.	Creditors: amounts due within one year

		2026
		£
	Trade creditors / trade payables	3,277
	Taxation and social security	24,936
	Other creditors	17,559
	Accrued liabilities and deferred income	14,643
	Total	60,415

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
BULL, Glyn	0	12,570	0	12,570
BULL, Nia	0	5,001	0	5,001
	0	17,571	0	17,571


	At the balance sheet date, the director owed the company £17,558.73. The loan is unsecured, interest free and repayable on demand.