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REGISTERED NUMBER: 05212558 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

Michael Taylor (Plymouth) Ltd

Michael Taylor (Plymouth) Ltd (Registered number: 05212558)

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 March 2026

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 8

Michael Taylor (Plymouth) Ltd

COMPANY INFORMATION

for the year ended 31 March 2026

| Directors: | M Taylor

| Mrs S Taylor

| Secretary: | Mrs S Taylor

| Registered office: | 38 Owen Drive

| Woodford Grange

| Plymouth

| Devon

| PL7 4RN

| Registered number: | 05212558 (England and Wales)

| Accountants: | Websters

| 129 North Hill

| Plymouth

| Devon

| PL4 8JY

Michael Taylor (Plymouth) Ltd (Registered number: 05212558)

BALANCE SHEET

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

Fixed assets

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 20,184 |  | 21,183 |  |

20,184 |  | 21,183 |  |

Current assets

Debtors | 6 | 2,898 |  | 3,668 |  |

Cash at bank | 39,069 |  | 28,991 |  |

41,967 |  | 32,659 |  |

Creditors

Amounts falling due within one year | 7 | 30,366 |  | 34,572 |  |

Net current assets/(liabilities) | 11,601 |  | (1,913 | ) |

Total assets less current liabilities | 31,785 |  | 19,270 |  |

Creditors

Amounts falling due after more than one year | 8 | - |  | (4,016 | ) |

Provisions for liabilities | 9 | (5,000 | ) | (4,000 | ) |

Net assets | 26,785 |  | 11,254 |  |

Capital and reserves

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 26,685 |  | 11,154 |  |

Shareholders' funds | 26,785 |  | 11,254 |  |

Michael Taylor (Plymouth) Ltd (Registered number: 05212558)

BALANCE SHEET - continued

31 March 2026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 June 2026 and were signed on its behalf by:

M Taylor - Director

Michael Taylor (Plymouth) Ltd (Registered number: 05212558)

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 March 2026

1. | STATUTORY INFORMATION

| Michael Taylor ( Plymouth) Ltd 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.

| Turnover

| Turnover is measured at the fair value of the consideration 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 goods have transferred to the buyer. Turnover from the rendering of services is recognised by the 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.

| Goodwill

| Goodwill was being written off in equal installments over the directors' estimate of its useful economic life by the end of 2019.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Plant and machinery etc | - | 15% on reducing balance

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Michael Taylor (Plymouth) Ltd (Registered number: 05212558)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2026

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2025 - 4 ) .

Michael Taylor (Plymouth) Ltd (Registered number: 05212558)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2026

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| Cost

| At 1 April 2025

| and 31 March 2026 | 50,000 |  |

| Amortisation

| At 1 April 2025

| and 31 March 2026 | 50,000 |  |

| Net book value

| At 31 March 2026 | - |  |

| At 31 March 2025 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| Cost

| At 1 April 2025 | 49,091 |  |

| Additions | 1,158 |  |

| At 31 March 2026 | 50,249 |  |

| Depreciation

| At 1 April 2025 | 27,908 |  |

| Charge for year | 2,157 |  |

| At 31 March 2026 | 30,065 |  |

| Net book value

| At 31 March 2026 | 20,184 |  |

| At 31 March 2025 | 21,183 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 2,208 |  | 3,333 |  |

| Prepayments and accrued income | 690 |  | 335 |  |

2,898 |  | 3,668 |  |

Michael Taylor (Plymouth) Ltd (Registered number: 05212558)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2026

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loan | 4,332 |  | 4,179 |  |

| Trade creditors | 3,864 |  | 4,405 |  |

| Taxation and social security | 14,724 |  | 10,685 |  |

| Other creditors | 7,446 |  | 15,303 |  |

30,366 |  | 34,572 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loan | - |  | 4,016 |  |

9. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax | 5,000 |  | 4,000 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2025 | 4,000 |  |

| Provided during year | 1,000 |  |

| Balance at 31 March 2026 | 5,000 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 100 | Ordinary shares | £1 | 100 |  | 100 |  |

11. | RELATED PARTY DISCLOSURES AND TRANSACTIONS WITH DIRECTORS

| At the balance sheet date, the company owed the following amounts to related parties:

| Name Relationship Amount

| Mr Taylor Director & shareholder £2,752

| Mrs Taylor Director & shareholder £2,752

| The company paid rents of £2,000 during the year to the directors for hire of storage facilities.

Michael Taylor (Plymouth) Ltd (Registered number: 05212558)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 March 2026

12. | ULTIMATE CONTROLLING PARTY

| The controlling party is M Taylor.