Company Registration No. SC312769 (Scotland)
TAYLOR HOMES PROPERTY LIMITED
Unaudited accounts
for the year ended 27 November 2021
TAYLOR HOMES PROPERTY LIMITED
Unaudited accounts
Contents
TAYLOR HOMES PROPERTY LIMITED
Company Information
for the year ended 27 November 2021
Directors
Mark Grier
Gary Grier
Company Number
SC312769 (Scotland)
Registered Office
25 WOODHALL ROAD
WISHAW
NORTH LANARKSHIRE
ML2 8PY
TAYLOR HOMES PROPERTY LIMITED
Statement of financial position
as at 27 November 2021
Tangible assets
2,991,577
3,341,077
Investments
764,111
764,111
Cash at bank and in hand
68,286
127,095
Creditors: amounts falling due within one year
(274,850)
(334,054)
Net current assets/(liabilities)
1,366,677
(20,536)
Total assets less current liabilities
5,122,365
4,084,652
Creditors: amounts falling due after more than one year
(4,192,468)
(2,767,235)
Net assets
929,897
1,317,417
Called up share capital
10
10
Profit and loss account
929,887
1,317,407
Shareholders' funds
929,897
1,317,417
For the year ending 27 November 2021 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 May 2022 and were signed on its behalf by
Mark Grier
Director
Company Registration No. SC312769
TAYLOR HOMES PROPERTY LIMITED
Notes to the Accounts
for the year ended 27 November 2021
TAYLOR HOMES PROPERTY LIMITED is a private company, limited by shares, registered in Scotland, registration number SC312769. The registered office is 25 WOODHALL ROAD, WISHAW, NORTH LANARKSHIRE, ML2 8PY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 28 November 2020
3,341,077
At 27 November 2021
2,991,577
At 27 November 2021
2,991,577
At 27 November 2020
3,341,077
5
Investments
Other investments
Valuation at 28 November 2020
764,111
Valuation at 27 November 2021
764,111
TAYLOR HOMES PROPERTY LIMITED
Notes to the Accounts
for the year ended 27 November 2021
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
16,027
20,373
Amounts due from group undertakings etc.
1,210,200
-
Other debtors
347,014
166,050
7
Creditors: amounts falling due within one year
2021
2020
Trade creditors
5,193
1,411
Taxes and social security
41,277
52,230
Other creditors
228,413
280,413
8
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
1,161,793
270,843
Loans from directors
3,030,675
2,496,392
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).
