Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsecomputer software development11truetrue 03175422 2022-04-01 2023-03-31 03175422 2021-04-01 2022-03-31 03175422 2023-03-31 03175422 2022-03-31 03175422 c:Director1 2022-04-01 2023-03-31 03175422 d:FurnitureFittings 2022-04-01 2023-03-31 03175422 d:FurnitureFittings 2023-03-31 03175422 d:FurnitureFittings 2022-03-31 03175422 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 03175422 d:CurrentFinancialInstruments 2023-03-31 03175422 d:CurrentFinancialInstruments 2022-03-31 03175422 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03175422 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 03175422 d:ShareCapital 2023-03-31 03175422 d:ShareCapital 2022-03-31 03175422 d:RetainedEarningsAccumulatedLosses 2023-03-31 03175422 d:RetainedEarningsAccumulatedLosses 2022-03-31 03175422 c:OrdinaryShareClass1 2022-04-01 2023-03-31 03175422 c:OrdinaryShareClass1 2023-03-31 03175422 c:OrdinaryShareClass1 2022-03-31 03175422 c:FRS102 2022-04-01 2023-03-31 03175422 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03175422 c:FullAccounts 2022-04-01 2023-03-31 03175422 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 03175422














TALISMAN SOFTWARE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

 
TALISMAN SOFTWARE LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 5


 
TALISMAN SOFTWARE LIMITED
REGISTERED NUMBER:03175422

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
306
410

  
306
410

Current assets
  

Debtors: amounts falling due within one year
 5 
4,740
4,740

Cash at bank and in hand
  
27,686
43,229

  
32,426
47,969

Creditors: amounts falling due within one year
 6 
(12,916)
(27,196)

Net current assets
  
 
 
19,510
 
 
20,773

Total assets less current liabilities
  
19,816
21,183

  

Net assets
  
19,816
21,183


Capital and reserves
  

Called up share capital 
 7 
5,000
5,000

Profit and loss account
  
14,816
16,183

  
19,816
21,183


Page 1

 
TALISMAN SOFTWARE LIMITED
REGISTERED NUMBER:03175422
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Silver
Director

Date: 15 November 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
TALISMAN SOFTWARE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Talisman Software Limited is limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company is that of computer software development.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on the assumption that the company is able to carry on business as a going concern. The director considers that this is appropriate as he will support the company by way of loans if necessary in order to enable it to continue trading for the forseeable future.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Page 3

 
TALISMAN SOFTWARE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 April 2022
30,282



At 31 March 2023

30,282



Depreciation


At 1 April 2022
29,873


Charge for the year on owned assets
103



At 31 March 2023

29,976



Net book value



At 31 March 2023
306



At 31 March 2022
410

Page 4

 
TALISMAN SOFTWARE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
4,740
4,740



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
7,833
7,833

Other taxation and social security
2,383
8,268

Other creditors
800
9,346

Accruals and deferred income
1,900
1,749

12,916
27,196



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



5,000 (2022 - 5,000) Ordinary shares of £1 each
5,000
5,000


 
Page 5