TAURUS DEVELOPMENTS LIMITED


Directors	GIBBENS, M B
	GIBBENS, V


Company Secretary	GIBBENS, V


Registered Address	3 Litchfield Way
	Guildford
	GU2 7QL


Registered Number	06145057 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		29,012		41,261
			29,012		41,261
Current assets
Debtors		44,233		64,593
Cash at bank and on hand		78,744		87,943
		122,977		152,536
Creditors amounts falling due within one year	4	(61,582)		(30,368)
Net current assets (liabilities)			61,395		122,168
Total assets less current liabilities			90,407		163,429
Creditors amounts falling due after one year	5		(32,978)		(39,265)
Net assets			57,429		124,164
Capital and reserves
Called up share capital			10		10
Profit and loss account			57,419		124,154
Shareholders' funds			57,429		124,164

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 24 October 2025, and are signed on its behalf by:

GIBBENS, M B
Director
Registered Company No. 06145057

TAURUS DEVELOPMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Revenue from sale of goods

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

	Employee benefits
	A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are expensed in the period to which they relate.

Employee benefits

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Current taxation

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Vehicles	4
	Office Equipment	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	48,020	3,146	51,166
At 31 March 25	48,020	3,146	51,166
Depreciation and impairment
At 01 April 24	7,003	2,902	9,905
Charge for year	12,005	244	12,249
At 31 March 25	19,008	3,146	22,154
Net book value
At 31 March 25	29,012	-	29,012
At 31 March 24	41,017	244	41,261

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	49,803	20,190
Finance lease and HP contracts	5,729	5,579
Accrued liabilities and deferred income	6,050	4,599
Total	61,582	30,368


	Short term creditors are measured at transaction price (which is usually the invoice price).

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	32,978	39,265
Total	32,978	39,265

6.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	38,707		44,843


	The company has obligations under a finance lease for the purchase of a vehicle. The total amount due at 31 March 2025 is £38,707 (2024 - £44,843). There are amounts due within one year of £5,729 (2024 - £5,578) and within 1-5 years £32,978 (£39,265). The lease term is of 48 monthly payments that run until 2027.

7.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
GIBBENS, M B	6,977	0	0	6,977
GIBBENS, V	8,300	0	0	8,300
	15,277	0	0	15,277