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REGISTERED NUMBER: 10653034 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

DNA TALENT LIMITED

DNA TALENT LIMITED (REGISTERED NUMBER: 10653034)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

DNA TALENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: M Nash
J Simpson





REGISTERED OFFICE: 2 Oakfield Road
Clifton
Bristol
BS8 2AL





REGISTERED NUMBER: 10653034 (England and Wales)





ACCOUNTANTS: PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL

DNA TALENT LIMITED (REGISTERED NUMBER: 10653034)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,404 15,509
Investments 5 33,207 -
46,611 15,509

CURRENT ASSETS
Debtors 6 36,159 180,517
Cash at bank 265,397 244,773
301,556 425,290
CREDITORS
Amounts falling due within one year 7 72,684 197,626
NET CURRENT ASSETS 228,872 227,664
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,483

243,173

CREDITORS
Amounts falling due after more than one
year

8

(24,167

)

(34,167

)

PROVISIONS FOR LIABILITIES (3,456 ) (2,946 )
NET ASSETS 247,860 206,060

DNA TALENT LIMITED (REGISTERED NUMBER: 10653034)

BALANCE SHEET - continued
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 247,858 206,058
SHAREHOLDERS' FUNDS 247,860 206,060

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by:





M Nash - Director


DNA TALENT LIMITED (REGISTERED NUMBER: 10653034)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

DNA TALENT LIMITED (REGISTERED NUMBER: 10653034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 1,451 3,804 21,554 26,809
Additions - - 9,605 9,605
Disposals - - (3,560 ) (3,560 )
At 31 March 2023 1,451 3,804 27,599 32,854
DEPRECIATION
At 1 April 2022 725 1,255 9,320 11,300
Charge for year 363 1,255 9,047 10,665
Eliminated on disposal - - (2,515 ) (2,515 )
At 31 March 2023 1,088 2,510 15,852 19,450
NET BOOK VALUE
At 31 March 2023 363 1,294 11,747 13,404
At 31 March 2022 726 2,549 12,234 15,509

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.23 31.3.22
£    £   
Other Investments 33,207 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 4,401 114,994
Other debtors 31,758 65,523
36,159 180,517

DNA TALENT LIMITED (REGISTERED NUMBER: 10653034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,202 775
Taxation and social security 56,128 96,755
Other creditors 5,354 90,096
72,684 197,626

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 24,167 34,167

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary shares 1 1 1
1 A Ordinary shares 1 1 1
2 2

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
M Nash
Balance outstanding at start of year (21,855 ) (417 )
Amounts advanced 113,942 73,325
Amounts repaid (86,747 ) (94,763 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,340 (21,855 )

DNA TALENT LIMITED (REGISTERED NUMBER: 10653034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

J Simpson
Balance outstanding at start of year (42,918 ) (1,092 )
Amounts advanced 78,051 71,339
Amounts repaid (66,140 ) (113,165 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (31,007 ) (42,918 )

11. RELATED PARTY DISCLOSURES

Included within creditors is a director's loan account in the sum of £5,340 (2022: £21855 debtor)
owed by the director, M Nash.

Included within debtors is a directors' loan account in the sum of £31,007 (2022: £42,918) owed by the director, J Simpson .

The directors' loan balance carries interest at the official HMRC rate of interest.

12. ULTIMATE CONTROLLING PARTY

The company is under the joint control of the directors.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DNA TALENT LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DNA Talent Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of DNA Talent Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DNA Talent Limited and state those matters that we have agreed to state to the Board of Directors of DNA Talent Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DNA Talent Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that DNA Talent Limited 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 DNA Talent Limited. You consider that DNA Talent Limited 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 DNA Talent Limited. 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.






PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL


9 November 2023