TAYLOR-ROSS INNS LIMITED 31/08/2025 iXBRL

Company registration number: 05536419

TAYLOR-ROSS INNS LIMITED

Trading as The Conquering Hero

Unaudited filleted financial statements

31 August 2025

TAYLOR-ROSS INNS LIMITED

Contents

Statement of financial position

Statement of changes in equity

Notes to the financial statements

TAYLOR-ROSS INNS LIMITED

Statement of financial position

31 August 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	67,383		73,383
Investments	6	13,036		13,036
		_______		_______
			80,419		86,419

Current assets
Stocks		7,485		9,200
Debtors	7	87,820		90,312
Cash at bank and in hand		20,739		14,190
		_______		_______
		116,044		113,702
Creditors: amounts falling due
within one year	8	( 87,481)		( 107,029)
		_______		_______
Net current assets			28,563		6,673
			_______		_______
Total assets less current liabilities			108,982		93,092

Creditors: amounts falling due
after more than one year	9		-		( 25,641)
			_______		_______
Net assets			108,982		67,451
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			108,980		67,449
			_______		_______
Shareholders funds			108,982		67,451
			_______		_______

For the year ending 31 August 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 year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 07 August 2026 , and are signed on behalf of the board by:

Inn Taylor-Ross

Director

Company registration number: 05536419

TAYLOR-ROSS INNS LIMITED

Statement of changes in equity

Year ended 31 August 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 September 2023 (as previously reported)	2	35,284	35,286
Prior period adjustments	(-)	19,652	19,652
	_______	_______	_______
At 1 September 2023 (restated)	2	54,936	54,938

Profit for the year		12,513	12,513
	_______	_______	_______
Total comprehensive income for the year	-	12,513	12,513

	_______	_______	_______
At 31 August 2024 and 1 September 2024	2	67,448	67,450

Profit for the year		41,532	41,532
	_______	_______	_______
Total comprehensive income for the year	-	41,532	41,532

	_______	_______	_______
At 31 August 2025	2	108,980	108,982
	_______	_______	_______

TAYLOR-ROSS INNS LIMITED

Notes to the financial statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Conquering Hero, 262 Beulah Hill, Upper Norwood, London, SE19 3HF.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: 16 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 September 2024 and 31 August 2025	17,378	124,982	142,360
	_______	_______	_______
Depreciation
At 1 September 2024	16,942	52,035	68,977
Charge for the year	-	6,000	6,000
	_______	_______	_______
At 31 August 2025	16,942	58,035	74,977
	_______	_______	_______
Carrying amount
At 31 August 2025	436	66,947	67,383
	_______	_______	_______
At 31 August 2024	436	72,947	73,383
	_______	_______	_______

6. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 September 2024 and 31 August 2025	13,036	13,036
	_______	_______
Impairment
At 1 September 2024 and 31 August 2025	-	-
	_______	_______
Carrying amount
At 31 August 2025	13,036	13,036
	_______	_______
At 31 August 2024	13,036	13,036
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	-	25,822
Other debtors	87,820	64,490
	_______	_______
	87,820	90,312
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	33,818	44,695
Trade creditors	3,787	12,551
Corporation tax	12,511	2,724
Social security and other taxes	25,212	26,495
Other creditors	12,153	20,564
	_______	_______
	87,481	107,029
	_______	_______

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

	2025	2024
	£	£
Other creditors	-	25,641
	_______	_______

10. Directors advances, credits and guarantees