Company registration number 10190409 (England and Wales)
TAYLOR COST & CONTRACT SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
TAYLOR COST & CONTRACT SERVICES LTD
COMPANY INFORMATION
Director
Mr Simon TAYLOR
Company number
10190409
Registered office
11 Vanneck Close
Kidderminster
Worcestershire
England
DY11 7AU
Accountants
Orangegenie Freelancer Services Ltd
Third Floor Buckingham House
Buckingham Street
Aylesbury
Buckinghamshire
England
HP20 2LA
TAYLOR COST & CONTRACT SERVICES LTD
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
TAYLOR COST & CONTRACT SERVICES LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF TAYLOR COST & CONTRACT SERVICES LTD
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Taylor Cost & Contract Services Ltd for the year ended 31 May 2023 which comprise of the related notes from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Taylor Cost & Contract Services Ltd, as a body, in accordance with the terms of our engagement letter dated 19 May 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Taylor Cost & Contract Services Ltd and state those matters that we have agreed to state to the Board of Directors of Taylor Cost & Contract Services Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Taylor Cost & Contract Services Ltd and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Taylor Cost & Contract Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Taylor Cost & Contract Services Ltd. You consider that Taylor Cost & Contract Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Taylor Cost & Contract Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Orangegenie Freelancer Services Ltd
25 January 2024
Orange Genie Freelancer Services Accountants
Third Floor Buckingham House
Buckingham Street
Aylesbury
Buckinghamshire
England
HP20 2LA
TAYLOR COST & CONTRACT SERVICES LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MAY 2023
- 2 -
2023
2022
£
£
Turnover
91,865
80,673
Staff costs
(12,426)
(12,975)
Other charges
(18,255)
(14,277)
Tax
(11,767)
(10,150)
Profit
49,417
43,271
TAYLOR COST & CONTRACT SERVICES LTD
BALANCE SHEET
- 3 -
2023
2022
£
£
£
£
Current assets
22,457
9,817
Creditors: amounts falling due within one year
(27,140)
(14,192)
Net current liabilities
(4,683)
(4,375)
Creditors: amounts falling due after more than one year
5,260
4,376
Net assets
577
1
Capital and reserves
577
1
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
At the Year end 31 May 2023, the Director's Loan Account has increased by £883.79 from last year hence the S455 charge is applied.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
Taylor Cost & Contract Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 11 Vanneck Close, Kidderminster, Worcestershire, England, DY11 7AU.
For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
TAYLOR COST & CONTRACT SERVICES LTD
BALANCE SHEET (CONTINUED)
- 4 -
The financial statements were approved and signed by the director and authorised for issue on 25 January 2024
Mr Simon TAYLOR
Director
Company registration number 10190409 (England and Wales)