Tayborough Limited Filleted accounts for Companies House (small and micro)
Tayborough Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04127935
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Abridged Financial Statements |
Year ended 31 March 2020
Contents |
Page |
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory abridged financial statements |
1 |
Abridged statement of financial position |
2 |
Notes to the abridged financial statements |
4 |
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Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
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Year ended 31 March 2020
14 Hornbeam Crescent
Harrogate
N.Yorkshire
England
HG2 8QA
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Abridged Statement of Financial Position |
2020 |
2019 |
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Note |
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£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Net assets |
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Capital and reserves
Called up share capital |
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Other reserves |
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Profit and loss account |
(
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(
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the abridged income statement has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
28 October 2020
, and are signed on behalf of the board by:
Company registration number:
04127935
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Notes to the Abridged Financial Statements |
Year ended 31 March 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Purey Cust Lodge, 6 Purey Cust, York, YO1 7AB, England.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Income tax
Tangible assets
Impairment of fixed assets
4.
Tangible assets
£ |
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Cost |
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At 1 April 2019 and 31 March 2020 |
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Depreciation |
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At 1 April 2019 and 31 March 2020 |
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Carrying amount |
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At 31 March 2020 |
450,000 |
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At 31 March 2019 |
450,000 |
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5.
Related party transactions
The company was under the control of
Mr D Yodaiken
throughout the current and previous year. Mr D Yodaiken
is the managing director and majority shareholder. Included in trade debtors is an unsecured loan amounting to £900,000 (2019 - £950,000) to Cyclops Electronics Limited, a company controlled by D Yodaiken. Interest is charged at 1.5% above Lloyds Bank base rate and the loan is repayable on the earlier of 30 June 2020 or on demand. During the year Cyclops Electronics Limited paid interest to the company of £20,869 (2019 - £19,000) in respect of this loan. Included in trade debtors is an unsecured loan amounting to £350,000 (2019 - £350,000) to Link Business Park Limited, a company associated with D Yodaiken. Interest is charged at 2% per annum above Lloyds Bank base rate and the loan is repayable on demand. During the year Link Business Park Limited paid interest amounting to £9,532(2019 - £8,750) in respect of this loan.