Company Registration No. 11422238 (England and Wales)
Topaz Talent Limited
Unaudited accounts
for the year ended 31 March 2023
Topaz Talent Limited
Unaudited accounts
Contents
Topaz Talent Limited
Company Information
for the year ended 31 March 2023
Company Number
11422238 (England and Wales)
Registered Office
Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE
United Kingdom
Accountants
Regulatory Accounting Ltd
Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE
Topaz Talent Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
30,221
21,961
Creditors: amounts falling due within one year
(3,120)
(3,507)
Net current assets
27,173
18,454
Called up share capital
1
1
Profit and loss account
27,717
18,831
Shareholders' funds
27,718
18,832
For the year ending 31 March 2023 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 director acknowledges her 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 and authorised for issue on 13 October 2023 and were signed on its behalf by
Marcia Ramotor
Director
Company Registration No. 11422238
Topaz Talent Limited
Notes to the Accounts
for the year ended 31 March 2023
Topaz Talent Limited is a private company, limited by shares, registered in England and Wales, registration number 11422238. The registered office is Vicarage Court, 160 Ermin Street, Swindon, Wiltshire, SN3 4NE, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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:
Fixtures & fittings
25% on cost
Computer equipment
20% on cost
Topaz Talent Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 March 2023
348
472
820
Charge for the year
87
94
181
At 31 March 2023
87
188
275
At 31 March 2023
261
284
545
At 31 March 2022
-
378
378
Amounts falling due after more than one year
Accrued income and prepayments
72
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,490
3,014
Loans from directors
-
(32)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Net Transactions
32
20,801
20,833
-
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).