The Taylor Clarke Partnership Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC135704 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

The Taylor Clarke Partnership Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

L Clarke

A Houston

B R Clarke

S P Kujawa

SECRETARY:

MCM Secretaries Limited

REGISTERED OFFICE:

20-23 Woodside Place

Glasgow

G3 7QL

REGISTERED NUMBER:

SC135704 (Scotland)

ACCOUNTANTS:

AMAS Murrison Limited

Chartered Accountants

10 Newton Terrace

Charing Cross

Glasgow

G3 7PJ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

2,431

537

Investments

6

100

-

2,531

537

CURRENT ASSETS

Debtors

7

116,493

91,207

Cash at bank and in hand

283,531

236,558

400,024

327,765

CREDITORS

Amounts falling due within one year

8

367,379

226,584

NET CURRENT ASSETS

32,645

101,181

TOTAL ASSETS LESS CURRENT
LIABILITIES

35,176

101,718

CREDITORS

Amounts falling due after more than one
year

9

-

9,287

NET ASSETS

35,176

92,431

CAPITAL AND RESERVES

Called up share capital

10

18,882

Share premium

11

23,281

Capital redemption reserve

11

3,655

Other reserves

11

(39,604

)

(39,604

)

Retained earnings

11

28,962

86,217

SHAREHOLDERS' FUNDS

35,176

92,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

L Clarke - Director

1.	STATUTORY INFORMATION

The Taylor Clarke Partnership Limited is a private company, limited by shares , registered in Scotland. 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 received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents and licenses

It is the policy of the company to write off such expenditure over 3 years on a straight line method.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Employee benefit trust

The company operates an Employee Benefit Trust and has de faco control of the funds held by the trust and bears their benefits and risks. The company records certain assets and liabilities of the trust as its own. Finance and administrative costs are charged as they accrue.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2025

and 31 December 2025

21,600

AMORTISATION

At 1 January 2025

and 31 December 2025

21,600

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

29,082

Additions

2,671

At 31 December 2025

31,753

DEPRECIATION

At 1 January 2025

28,545

Charge for year

777

At 31 December 2025

29,322

NET BOOK VALUE

At 31 December 2025

2,431

At 31 December 2024

537

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

100

At 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

95,724

88,406

Amounts owed by group undertakings

20,769

-

Prepayments and accrued income

-

2,801

116,493

91,207

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

9,285

10,125

Trade creditors

46,117

40,579

Social security and other taxes

11,281

14,488

VAT

48,040

23,194

Other creditors

164,190

48,350

Credit card

3,728

2,680

Accrued expenses

84,738

87,168

367,379

226,584

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans - 1-2 years

-

9,287

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

12,500

Ordinary A

£1

12,500

6,382

Ordinary B

£1

6,382

18,882

11.

RESERVES

Capital

Retained

Share

redemption

Other

earnings

premium

reserve

reserves

Totals

£

At 1 January 2025

86,217

23,281

3,655

(39,604

)

73,549

Deficit for the year

(57,255

)

(57,255

)

At 31 December 2025

28,962

23,281

3,655

(39,604

)

16,294

12.	RELATED PARTY DISCLOSURES

The company was under the control of Mr L J Clarke, Director, throughout the current and previous year. Mr L J Clarke controls 68% of the Ordinary A share capital and 41% of the Ordinary B share capital.

Included within cash at bank and in hand is an amount of £87 (2024: £87) which is held on behalf of The Taylor Clarke Partnership Limited Employee Benefit Trust.

Included within debtors is a sum of £20,769 (2024: NIL) owed from group companies related by virtue of common control.

13.	OWN SHARES HELD BY EMPLOYEE BENEFIT TRUST

At the year end date The Taylor Clarke Partnership Employee Benefit Trust owns 850 Ordinary A £1 shares and 1,668 Ordinary B £1 shares.