Taylor Williams Daley Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07444264 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Taylor Williams Daley Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M R Williams Bsc FRICS

C C Daley

Miss E Williams

REGISTERED OFFICE:

74 South Street

Dorking

Surrey

RH4 2HD

REGISTERED NUMBER:

07444264 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Intangible assets

4

60,000

72,000

Tangible assets

5

1,561

-

61,561

72,000

CURRENT ASSETS

Debtors

6

81,854

100,117

Cash at bank and in hand

17,249

52

99,103

100,169

CREDITORS

Amounts falling due within one year

7

143,257

84,696

NET CURRENT (LIABILITIES)/ASSETS

(44,154

)

15,473

TOTAL ASSETS LESS CURRENT
LIABILITIES

17,407

87,473

CREDITORS

Amounts falling due after more than one year

8

2,360

12,499

NET ASSETS

15,047

74,974

CAPITAL AND RESERVES

Called up share capital

19

Other reserves

1

Retained earnings

15,027

74,954

SHAREHOLDERS' FUNDS

15,047

74,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 20 October 2026 and were signed on its behalf by:

Miss E Williams - Director

1.	STATUTORY INFORMATION

Taylor Williams Daley Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The results for the year are shown in the attached financial statements. Turnover was lower than the previous year because of the loss of a significant contract that resulted in an overall loss being made for the year. The business continues to have a flow of work from organic sources and, the directors are taking steps to increase profitability for new assignments, as well as monitoring and reducing overhead costs, where possible, and managing cashflow.

The directors have assessed the company's ability to continue as a going concern taking into account all available information about the future from the date when the financial statements are issued until October 2027. Whilst expectations of the future are inherently uncertain due to current circumstances, the directors believe that the company will have adequate resources available to it for all reasonably expected eventualities. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

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

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

50% on cost and 20% on 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 balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

239,997

AMORTISATION

At 1 December 2024

167,997

Charge for year

12,000

At 30 November 2025

179,997

NET BOOK VALUE

At 30 November 2025

60,000

At 30 November 2024

72,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 December 2024

1,985

5,032

26,662

33,679

Additions

-

1,951

At 30 November 2025

1,985

5,032

28,613

35,630

DEPRECIATION

At 1 December 2024

1,985

5,032

26,662

33,679

Charge for year

-

390

At 30 November 2025

1,985

5,032

27,052

34,069

NET BOOK VALUE

At 30 November 2025

-

1,561

At 30 November 2024

-

6.

DEBTORS

30.11.25

30.11.24

£

Amounts falling due within one year:

Trade debtors

26,196

48,368

Other debtors

1,286

4,343

Directors' current accounts

36,864

32,606

Prepayments

5,533

3,190

69,879

88,507

Amounts falling due after more than one year:

Tax

11,975

11,610

Aggregate amounts

81,854

100,117

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Bank loans and overdrafts

83,555

21,675

Trade creditors

14,866

21,327

Tax

365

3,595

Social security and other taxes

17,566

7,788

VAT

13,283

20,822

Other creditors

5,322

633

Accrued expenses

8,300

8,856

143,257

84,696

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

Bank loans 2-5 years

2,360

12,499

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.11.25

30.11.24

£

Within one year

22,368

15,857

Between one and five years

85,714

32,678

In more than five years

8,858

9,715

116,940

58,250

10.	SECURED DEBTS

Under a debenture dated 13 April 2011, National Westminster Bank holds a fixed and floating charge over the company and its assets.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

M R Williams Bsc FRICS

Balance outstanding at start of year

19,115

18,618

Amounts advanced

5,194

2,753

Amounts repaid

-

(2,256

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

24,309

19,115

C C Daley

Balance outstanding at start of year

13,455

12,907

Amounts advanced

-

2,531

Amounts repaid

(2,613

)

(1,983

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,842

13,455

Miss E Williams

Balance outstanding at start of year

36

-

Amounts advanced

1,761

36

Amounts repaid

(84

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

1,713

36

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.