Company No: 15247865 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.10.2025		31.10.2024
		£		£
Fixed assets
Investment property	3	286,221		286,221
		286,221		286,221
Current assets
Cash at bank and in hand		2,208		1,735
		2,208		1,735
Creditors: amounts falling due within one year	4	( 152,841)		( 152,803)
Net current liabilities		(150,633)		(151,068)
Total assets less current liabilities		135,588		135,153
Creditors: amounts falling due after more than one year	5	( 151,021)		( 151,021)
Accruals and deferred income		( 1,475)		( 1,474)
Net liabilities		( 16,908)		( 17,342)
Capital and reserves
Called-up share capital		200		200
Profit and loss account		( 17,108 )		( 17,542 )
Total shareholders' deficit		( 16,908)		( 17,342)

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Taylor Isgar Ltd (registered number: 15247865) were approved and authorised for issue by the Board of Directors on 20 July 2026. They were signed on its behalf by:

Miss L S Isgar Director

Mr C E Taylor Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Taylor Isgar Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Chilbury Gardens, Owermoigne, Dorchester, DT2 8HR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £16,908. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of rents receivable.

The company recognises revenue when;
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	Year ended 31.10.2025		Period from 30.10.2023 to 31.10.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

The company is run and administered by the directors for whom no formal contracts of service are in place.

3. Investment property

	Investment property
	£
Valuation
As at 01 November 2024	286,221
As at 31 October 2025	286,221

Valuation

The investment properties class of fixed assets were adjusted on 31 October 2024 to fair value by the directors who are internal to the company. The basis of this valuation was open market value. At 31 October 2025 there was no change in the fair value by the directors.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	31.10.2025		31.10.2024
	£		£
Historic cost	286,221		286,221

4. Creditors: amounts falling due within one year

	31.10.2025		31.10.2024
	£		£
Other creditors	152,841		152,803

5. Creditors: amounts falling due after more than one year

	31.10.2025		31.10.2024
	£		£
Bank loans (secured)	151,021		151,021

The bank loans above are secured against the directors' personal property.