Company Registration No. 08966657 (England and Wales)
Taylor's Joinery (UK) Limited
Unaudited accounts
for the year ended 31 March 2026
Taylor's Joinery (UK) Limited
Unaudited accounts
Contents
Taylor's Joinery (UK) Limited
Company Information
for the year ended 31 March 2026
Company Number
08966657 (England and Wales)
Registered Office
Orchard House
Clyst St. Mary
Exeter
Devon
EX5 1BR
Accountants
The Fresh Accountancy Company Limited
Orchard House
Clyst St Mary
Exeter
Devon
EX5 1BR
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Taylor's Joinery (UK) Limited for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Taylor's Joinery (UK) Limited for the year ended
31 March 2026 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
The Fresh Accountancy Company Limited
Chartered Accountants
Orchard House
Clyst St Mary
Exeter
Devon
EX5 1BR
27 October 2026
Taylor's Joinery (UK) Limited
Statement of financial position
as at 31 March 2026
Tangible assets
547,464
657,854
Cash at bank and in hand
7,352
25
Creditors: amounts falling due within one year
(142,498)
(133,632)
Net current liabilities
(8,202)
(22,121)
Total assets less current liabilities
539,262
635,733
Creditors: amounts falling due after more than one year
(260,692)
(284,190)
Provisions for liabilities
Deferred tax
(50,555)
(71,505)
Net assets
228,015
280,038
Called up share capital
101
101
Profit and loss account
227,914
279,937
Shareholders' funds
228,015
280,038
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 October 2026 and were signed on its behalf by
James Taylor
Director
Company Registration No. 08966657
Taylor's Joinery (UK) Limited
Notes to the Accounts
for the year ended 31 March 2026
Taylor's Joinery (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 08966657. The registered office is Orchard House, Clyst St. Mary, Exeter, Devon, EX5 1BR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Taylor's Joinery (UK) Limited
Notes to the Accounts
for the year ended 31 March 2026
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
540,000
130,380
1,324
671,704
Revaluations
(105,000)
-
-
(105,000)
At 31 March 2026
435,000
137,038
1,324
573,362
At 1 April 2025
-
13,038
812
13,850
Charge for the year
-
11,920
128
12,048
At 31 March 2026
-
24,958
940
25,898
At 31 March 2026
435,000
112,080
384
547,464
At 31 March 2025
540,000
117,342
512
657,854
Carrying amount of land and buildings on cost basis
281,000
281,000
Carrying amount of plant & machinery on cost basis
18,504
18,504
Assets have been revalued in the year by the directors based on their estimate of market value.
Taylor's Joinery (UK) Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Accrued income and prepayments
45,000
50,023
Other debtors
46,519
27,306
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
71,461
73,086
Trade creditors
9,313
1,544
Amounts owed to group undertakings and other participating interests
37,583
35,872
Taxes and social security
8,750
14,384
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
260,692
284,190
Aggregate of amounts that fall due for payment after five years
209,344
209,344
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn DLA
20,415
55,470
36,924
38,961
20,415
55,470
36,924
38,961
Interest charged on balance over £10k at 2.25%
10
Average number of employees
During the year the average number of employees was 7 (2025: 4).