Company registration number 08811171 (England and Wales)
TAYLOR BOARDMAN PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
TAYLOR BOARDMAN PROPERTIES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
TAYLOR BOARDMAN PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment properties
3
2,700,000
2,700,000
Investments
4
671,401
501,902
3,371,401
3,201,902
Current assets
Debtors
5
164,780
161,645
Cash at bank and in hand
162,033
164,987
326,813
326,632
Creditors: amounts falling due within one year
6
(1,364,467)
(1,373,404)
Net current liabilities
(1,037,654)
(1,046,772)
Total assets less current liabilities
2,333,747
2,155,130
Provisions for liabilities
(158,900)
(158,900)
Net assets
2,174,847
1,996,230
Capital and reserves
Called up share capital
7
60
60
Non-distributable reserve
534,807
534,807
Profit and loss reserves
1,639,980
1,461,363
Total equity
2,174,847
1,996,230

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

TAYLOR BOARDMAN PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 13 July 2026 and are signed on its behalf by:
Mrs K F A Boardman
Director
Company Registration No. 08811171
TAYLOR BOARDMAN PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Taylor Boardman Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/O Clyde & Co Llp, The St Botolph Building, 138 Houndsditch, London, England, EC3A 7AR.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Revenue
Turnover represents amounts for rent receivable and associated services net of VAT.
1.3
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

TAYLOR BOARDMAN PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, and other loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

TAYLOR BOARDMAN PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Investment property
2025
£
Fair value
At 1 January 2025 and 31 December 2025
2,700,000

The investment property was revalued on 31 December 2022 by Harris Lamb property consultants. The valuation was made on an open market basis by reference to market evidence of transactions for similar properties. The directors believe this valuation to remain appropriate as at 31 December 2025.

4
Fixed asset investments
2025
2024
£
£
Shares in joint ventures
56
56
Other investments other than loans
671,345
501,846
671,401
501,902
Movements in fixed asset investments
Shares in joint ventures
Other investments
Total
£
£
£
Cost or valuation
At 1 January 2025
56
501,846
501,902
Additions
-
279,489
279,489
Valuation changes
-
32,875
32,875
Disposals
-
(142,865)
(142,865)
At 31 December 2025
56
671,345
671,401
Carrying amount
At 31 December 2025
56
671,345
671,401
At 31 December 2024
56
501,846
501,902
TAYLOR BOARDMAN PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
150,341
156,828
Other debtors
14,439
4,817
164,780
161,645
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
10
Corporation tax
70,206
67,795
Other taxation and social security
11,481
14,830
Other creditors
1,282,780
1,290,769
1,364,467
1,373,404

Included within other creditors are amounts owing to directors of £1,2 78,248 (2024: £1,2 78,248). The amounts are unsecured, interest-free and repayable on demand.

7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
60
60
60
60
2025-12-31 2025-01-01 false false false 15 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr C C A Glossop Mrs J M A Glossop Clare Elizabeth Louise Taylor Katharine Fiona Ann Boardman Graeme Phillip Taylor Mr A J Boardman 08811171 2025-01-01 2025-12-31 08811171 2025-12-31 08811171 2024-12-31 08811171 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 08811171 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 08811171 core:CurrentFinancialInstruments 2025-12-31 08811171 core:CurrentFinancialInstruments 2024-12-31 08811171 core:ShareCapital 2025-12-31 08811171 core:ShareCapital 2024-12-31 08811171 core:RevaluationReserve 2025-12-31 08811171 core:RevaluationReserve 2024-12-31 08811171 core:RetainedEarningsAccumulatedLosses 2025-12-31 08811171 core:RetainedEarningsAccumulatedLosses 2024-12-31 08811171 core:ShareCapitalOrdinaryShareClass1 2025-12-31 08811171 core:ShareCapitalOrdinaryShareClass1 2024-12-31 08811171 bus:Director4 2025-01-01 2025-12-31 08811171 2024-01-01 2024-12-31 08811171 2024-12-31 08811171 core:Non-currentFinancialInstruments 2025-12-31 08811171 core:Non-currentFinancialInstruments 2024-12-31 08811171 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 08811171 bus:OrdinaryShareClass1 2025-12-31 08811171 bus:OrdinaryShareClass1 2024-12-31 08811171 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08811171 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08811171 bus:FRS102 2025-01-01 2025-12-31 08811171 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 08811171 bus:Director1 2025-01-01 2025-12-31 08811171 bus:Director2 2025-01-01 2025-12-31 08811171 bus:Director3 2025-01-01 2025-12-31 08811171 bus:Director5 2025-01-01 2025-12-31 08811171 bus:Director6 2025-01-01 2025-12-31 08811171 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP