Taylor Goodchild Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07686939

TAYLOR GOODCHILD LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28 November 2025

TAYLOR GOODCHILD LIMITED

STATEMENT OF FINANCIAL POSITION

28 November 2025

	28 Nov 25		29 Nov 24
Note	£	£	£	£

FIXED ASSETS

Tangible assets	7		2,634		1,985

CURRENT ASSETS

Debtors	8	564,911	489,315
Cash at bank and in hand		98,109	6,506
		---------	---------
		663,020	495,821

CREDITORS: amounts falling due within one year	9	( 281,534)		( 153,720)
		---------		---------
NET CURRENT ASSETS			381,486		342,101
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			384,120		344,086

CREDITORS: amounts falling due after more than one year	10	–	( 5,000)
		---------	---------
NET ASSETS		384,120	339,086
		---------	---------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	384,020	338,986
	---------	---------
SHAREHOLDERS FUNDS	384,120	339,086
	---------	---------

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 income and retained earnings has not been delivered.

For the period ending 28 November 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 period 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 .

TAYLOR GOODCHILD LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

28 November 2025

These financial statements were approved by the board of directors and authorised for issue on 18 September 2026 , and are signed on behalf of the board by:

L Goodchild

Director

Company registration number: 07686939

TAYLOR GOODCHILD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 30 NOVEMBER 2024 TO 28 NOVEMBER 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 10 Woodlands Road, Middlesbrough, Cleveland, TS1 3BE.

2. STATEMENT OF COMPLIANCE

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

Goodwill

Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the Balance Sheet and amortised over its useful economic life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed five years. Useful ecomonic lives are reviewed at the end of each reporting period and revised if necessary, subject to the constraint that the revised life shall not exceed 20 years from the date of acquisition. The carrying amount at the date of revision is depreciated over the revised estimate of remaining useful economic life.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Over 3 Years

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

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:

	Equipment	-	20% straight line

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the period amounted to 9 (2024: 7 ).

5. TAX ON PROFIT/(LOSS)

Major components of tax expense/(income)

	Period from
	30 Nov 24 to	Year to
	28 Nov 25	29 Nov 24
	£	£

Current tax:

UK current tax expense	36,447	–
Adjustments in respect of prior periods	65	–
Corporation tax repayable	–	( 32,697)
	--------	--------
Total current tax	36,512	( 32,697)
	--------	--------
	--------	--------
Tax on profit/(loss)	36,512	( 32,697)
	--------	--------

6. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 30 November 2024 and 28 November 2025	900,000
	---------
Amortisation
At 30 November 2024 and 28 November 2025	900,000
	---------
Carrying amount
At 28 November 2025	–
	---------
At 29 November 2024	–
	---------

7. TANGIBLE ASSETS

	Equipment	Total
	£	£
Cost
At 30 November 2024	8,940	8,940
Additions	1,323	1,323
	--------	--------
At 28 November 2025	10,263	10,263
	--------	--------
Depreciation
At 30 November 2024	6,955	6,955
Charge for the period	674	674
	--------	--------
At 28 November 2025	7,629	7,629
	--------	--------
Carrying amount
At 28 November 2025	2,634	2,634
	--------	--------
At 29 November 2024	1,985	1,985
	--------	--------

8. DEBTORS

	28 Nov 25	29 Nov 24
	£	£
Other debtors	564,911	489,315
	---------	---------

9. CREDITORS: amounts falling due within one year

	28 Nov 25	29 Nov 24
	£	£
Bank loans and overdrafts	6,667	10,000
Trade creditors	168,521	47,656
Corporation tax	3,750	–
Social security and other taxes	35,566	31,175
Other creditors	67,030	64,889
	---------	---------
	281,534	153,720
	---------	---------

10. CREDITORS: amounts falling due after more than one year

	28 Nov 25	29 Nov 24
	£	£
Bank loans and overdrafts	–	5,000
	----	-------