Company Registration No. SC312769 (Scotland)
TAYLOR HOMES PROPERTY LIMITED
Unaudited accounts
for the year ended 27 November 2022
TAYLOR HOMES PROPERTY LIMITED
Unaudited accounts
Contents
TAYLOR HOMES PROPERTY LIMITED
Company Information
for the year ended 27 November 2022
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 2022
Tangible assets
3,495,300
2,991,577
Investments
764,111
764,111
Cash at bank and in hand
61,790
68,286
Creditors: amounts falling due within one year
(1,006,371)
(274,850)
Net current (liabilities)/assets
(554,160)
1,366,677
Total assets less current liabilities
3,705,251
5,122,365
Creditors: amounts falling due after more than one year
(2,703,053)
(4,192,468)
Net assets
1,002,198
929,897
Called up share capital
10
10
Profit and loss account
1,002,188
929,887
Shareholders' funds
1,002,198
929,897
For the year ending 27 November 2022 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 12 December 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 2022
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 2021
2,991,577
At 27 November 2022
3,495,300
At 27 November 2022
3,495,300
At 27 November 2021
2,991,577
5
Investments
Other investments
Valuation at 28 November 2021
764,111
Valuation at 27 November 2022
764,111
TAYLOR HOMES PROPERTY LIMITED
Notes to the Accounts
for the year ended 27 November 2022
Amounts falling due within one year
Trade debtors
43,407
16,027
Amounts due from group undertakings etc.
-
1,210,200
Other debtors
347,014
347,014
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
3,766
5,193
Taxes and social security
19,136
41,277
Other creditors
978,413
228,413
8
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
1,075,626
1,161,793
Loans from directors
1,627,427
3,030,675
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
