Taylor Austin & Co. Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 01117988

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		7,549		7,549

			7,549		7,549
CURRENT ASSETS
Debtors	5	150,959		154,223
Cash at bank and in hand		1		1

		150,960		154,224
Creditors: Amounts Falling Due Within One Year	6	(387 )		(3,437 )

NET CURRENT ASSETS (LIABILITIES)			150,573		150,787

TOTAL ASSETS LESS CURRENT LIABILITIES			158,122		158,336

NET ASSETS			158,122		158,336

CAPITAL AND RESERVES
Called up share capital	7		3,000		3,000
Profit and Loss Account			155,122		155,336

SHAREHOLDERS' FUNDS			158,122		158,336

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A Grist

Director

25/11/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Taylor Austin & Co. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01117988 . The registered office is 57 Earls Avenue, Folkestone, Kent, CT20 2HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	7,549

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	150,959	154,223

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Taylor Austin & Co. Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	387	387
Taxation and social security	-	3,050

	387	3,437

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3,000	3,000

8. Related Party Transactions

2025	Parent	Key management
	£	£
At start of period	154,223	(206)
Advanced	0	0
Repaid	(3,444)	0
At end of period	150,959	(206)

2024	Parent	Key management
	£	£
At start of period	130,816	(206)
Advanced	23,600	0
Repaid	(193)	0
At end of period	154,223	(206)

Terms of loans from related parties

There are no terms on the loans or interest charged and they are repayable on demand.

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr A Grist .

The company's immediate parent is Kenwood Property Ltd, incorporated in England and Wales.

The ultimate parent is White Water Metals Ltd, incorporated in England and Wales.

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