Company Registration No. 05244488 (England and Wales)
K TAYLOR COMMERCIAL VEHICLE SERVICES LTD
Unaudited accounts
for the year ended 30 September 2025
K TAYLOR COMMERCIAL VEHICLE SERVICES LTD
Statement of financial position
as at 30 September 2025
Tangible assets
1,221,241
1,205,936
Cash at bank and in hand
1,532,899
1,289,170
Creditors: amounts falling due within one year
(484,363)
(447,722)
Net current assets
1,392,712
1,171,446
Net assets
2,613,953
2,377,382
Called up share capital
100
100
Profit and loss account
2,613,853
2,377,282
Shareholders' funds
2,613,953
2,377,382
For the year ending 30 September 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 June 2026 and were signed on its behalf by
K Taylor
Director
Company Registration No. 05244488
K TAYLOR COMMERCIAL VEHICLE SERVICES LTD
Notes to the Accounts
for the year ended 30 September 2025
K TAYLOR COMMERCIAL VEHICLE SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 05244488.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Buildings are depreciated evenly over 50 years
Plant & machinery
20% straight line to residual value
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 October 2024
734,441
1,317,859
2,052,300
Additions
-
132,500
132,500
At 30 September 2025
734,441
1,450,359
2,184,800
At 1 October 2024
88,000
758,364
846,364
Charge for the year
11,000
106,195
117,195
At 30 September 2025
99,000
864,559
963,559
At 30 September 2025
635,441
585,800
1,221,241
At 30 September 2024
646,441
559,495
1,205,936
K TAYLOR COMMERCIAL VEHICLE SERVICES LTD
Notes to the Accounts
for the year ended 30 September 2025
Amounts falling due within one year
Trade debtors
339,872
328,798
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
119,598
117,492
Taxes and social security
93,697
93,599
Other creditors
1,604
3,091
Loans from directors
204,317
182,053
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 13 (2024: 13).