Taytrans Limited - Filleted accounts

Registered number

03909870

Taytrans Limited

Filleted Accounts

for the year ended 31 March 2026

Taytrans Limited
Registered number:		03909870
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,187,738			1,240,891

Current assets
Debtors	4	387,127			364,645
Cash at bank and in hand		77,654			34
		464,781			364,679

Creditors: amounts falling due within one year	5	(437,402)			(411,214)

Net current assets/(liabilities)			27,379			(46,535)

Total assets less current liabilities			1,215,117			1,194,356

Creditors: amounts falling due after more than one year	6		(168,961)			(255,555)

Provisions for liabilities			(41,450)			(54,953)


Net assets			1,004,706			883,848

Capital and reserves
Called up share capital			12			12
Revaluation reserve	8		567,636			567,636
Profit and loss account			437,058			316,200

Shareholder's funds			1,004,706			883,848


The directors are 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 directors acknowledge their 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.



M J Taylor
Director
Approved by the board on 1 June 2026

Taytrans Limited
Notes to the Accounts
for the year ended 31 March 2026


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, net of discounts and value added taxes. 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. 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.

	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, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold property	2% straight line
	Plant and machinery	20% Reducing balance
	Fixtures, fittings, tools and equipment	25% Reducing balance

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			15		14


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	1,458,000		409,515		1,867,515
	Additions	-		1,425		1,425
	At 31 March 2026	1,458,000		410,940		1,868,940

	Depreciation
	At 1 April 2025	424,480		202,144		626,624
	Charge for the year	11,582		42,996		54,578
	At 31 March 2026	436,062		245,140		681,202

	Net book value
	At 31 March 2026	1,021,938		165,800		1,187,738
	At 31 March 2025	1,033,520		207,371		1,240,891


4	Debtors			2026		2025
£					£

	Trade debtors			258,625		209,283
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			50,500		86,500
	Other debtors			78,002		68,862
				387,127		364,645


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			30,172		79,578
	Obligations under finance lease and hire purchase contracts			38,741		49,937
	Trade creditors			199,032		164,100
	Taxation and social security costs			137,541		71,893
	Other creditors			31,916		45,706
				437,402		411,214


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			28,115		58,968
	Obligations under finance lease and hire purchase contracts			15,366		54,107
	Other creditors			125,480		142,480
				168,961		255,555


7	Loans			2026		2025
£					£
	Creditors include:

	Secured bank loans			58,288		138,546
	Obligations under finance lease and hire purchase contracts			54,107		104,044
				112,395		242,590

	The Royal Bank of Scotland has a fixed and floating charge over the property and other assets of the company. Hire purchase liabilities are secured upon the assets to which they relate.


8	Revaluation reserve			2026		2025
£					£

	At 1 April 2025			567,636		567,636

	At 31 March 2026			567,636		567,636


9	Pension commitments

	The company operates a defined contribution pension scheme. Contributions totalling £3,555 (2025 : £2,870) were payable to the scheme at the end of the period and are included in creditors.


10	Other financial commitments			2026		2025
£					£

	Total future minimum payments under non-cancellable operating leases			67,599		187,367


11	Related party transactions

	Dividends of £200,000 (2025 : £160,000) were paid to Taytrans Holdings Limited during the year. Amounts of £164,000 (2025 : £159,000) were paid on behalf of Taytrans Holdings Limited by the company during the year. At the balance sheet date, the amount of £50,500 (2025 : £86,500) was owed by Taytrans Holdings Limited to the company.


12	Controlling party

	The company is wholly owned and controlled by the parent company Taytrans Holdings Limited of registered address: Bent Ley Farm, Bent Ley Road, Meltham, Holmfirth, HD9 4AP


13	Other information

	Taytrans Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Bent Ley Farm
	Bent Ley Road
	Meltham
	Holmfirth
	HD9 4AP