2022-08-01 04479398 2023-07-31 04479398 2022-08-01 2023-07-31 04479398 2022-07-31 04479398 2021-08-01 2022-07-31 04479398 uk-core:WithinOneYear 2022-07-31 04479398 uk-core:WithinOneYear 2023-07-31 04479398 uk-core:AfterOneYear 2022-07-31 04479398 uk-core:AfterOneYear 2023-07-31 04479398 uk-core:ShareCapital 2023-07-31 04479398 uk-core:ShareCapital 2022-07-31 04479398 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 04479398 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 04479398 uk-bus:Director1 2022-08-01 2023-07-31 04479398 uk-core:ComputerEquipment uk-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04479398 uk-core:MotorVehicles uk-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04479398 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04479398 uk-core:ComputerEquipment uk-core:OwnedOrFreeholdAssets 2022-07-31 04479398 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2022-07-31 04479398 uk-core:MotorVehicles uk-core:OwnedOrFreeholdAssets 2022-07-31 04479398 uk-core:MotorVehicles uk-core:OwnedOrFreeholdAssets 2023-07-31 04479398 uk-core:FurnitureFittings uk-core:OwnedOrFreeholdAssets 2023-07-31 04479398 uk-core:ComputerEquipment uk-core:OwnedOrFreeholdAssets 2023-07-31 04479398 uk-core:WithinOneYear 2023-07-31 04479398 uk-core:WithinOneYear 2022-07-31 04479398 uk-core:WithinOneYear 2022-08-01 2023-07-31 04479398 uk-core:AfterOneYear uk-core:Secured 2023-07-31 04479398 uk-core:AfterOneYear uk-core:Secured 2022-07-31 iso4217:GBP xbrli:pure 04479398 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 04479398 uk-bus:FRS102 2022-08-01 2023-07-31 04479398 uk-bus:FilletedAccounts 2022-08-01 2023-07-31 04479398 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
Talkingtraining Limited
Registered Number:04479398
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2023
Talkingtraining Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04479398
As at 31 July 2023
Talkingtraining Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
2,538
3,381
2
2,538
3,381
Current assets
Trade and other receivables
21,391
13,161
3
955
Cash and cash equivalents
3,238
16,399
22,346
Trade and other payables: amounts falling due within one
year
(8,357)
(6,356)
4
13,989
10,043
Net current assets
Total assets less current liabilities
12,581
17,370
Trade and other payables: amounts falling due after more
than one year
(12,060)
(8,069)
5
(482)
(642)
Provisions for liabilities
4,030
Net assets
4,668
Capital and reserves
Called up share capital
1
1
Retained earnings
4,029
4,667
4,030
4,668
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Christopher James Knight Director
These financial statements were approved and authorised for issue by the Board on 29 February 2024 and were signed by:
1 of 5
4
Registered Number :
04479398
For the year ended 31 July 2023
Talkingtraining Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
For the year ended 31 July 2023
Talkingtraining Limited
Notes to the Financial Statements
Statutory Information
Talkingtraining Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04479398.
Principal place of business:
9 Fishermans Walk
Shoreham-By-Sea
West Sussex
BN43 5LW
Registered address:
C/O A4C 18& 19 Dean House Farm
Church Lane
Newdigate
Surrey
RH5 5DL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'', including the disclosure and
presentation requirements of Section 1A, and the Companies Act 2006. These financial statements have been
prepared under the historical cost convention.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
Government grants
Grants received towards revenue expenditure are credited to the income and expenditure account as the related expenditure is incurred.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Going concern
The directors are satisfied that there is no impairment of the assets and the company is in a position to meet its
liabilities as they fall due for the foreseeable future. The financial statements have therefore been prepared on a
going concern basis.
3 of 5
6
For the year ended 31 July 2023
Talkingtraining Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor Vehicles
£
£
£
£
Cost or
valuation
At 01 August 2022
12,107
1,514
798
9,795
270
270
-
-
Additions
At 31 July 2023
9,795
798
1,784
12,377
Provision for depreciation and impairment
At 01 August 2022
8,726
478
777
7,471
Charge for year
1,113
527
5
581
At 31 July 2023
9,839
1,005
782
8,052
At 31 July 2023
Net book value
1,743
16
779
2,538
At 31 July 2022
2,324
21
1,036
3,381
3. Trade and other receivables
2022
2023
£
£
Trade debtors
1,290
5,915
Other debtors
11,871
15,476
21,391
13,161
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
4,128
4,013
Trade creditors
186
185
Taxation and social security
2,042
4,159
6,356
8,357
The company received a Bounceback loan of £20,000 on 16 May 2020. The loan is repayable over 6 years and the monthly repayments commenced on 17 June 2021.
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
8,069
12,060
4 of 5
7
For the year ended 31 July 2023
Talkingtraining Limited
Notes to the Financial Statements Continued
6. Directors advances and guarantees
During the year loans of £11,227 (2022 - £13,554) were advanced to the directors. These loans were outstanding at
the year end and are included within other debtors. The loans were repaid in full on 15 February 2024 (2022 - repaid
in full 17 October 2022).
7. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2).
5 of 5