Registered number: 11155890 | ||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||
Prepared By: | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Talento Group Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11155890 | ||||||||
ACCOUNTANTS | ||||||||
N B Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Talento Group Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/01/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Talento Group Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
228,045 | 228,922 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT (LIABILITIES) / ASSETS | ( | 11,334 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 47,706 | 38,814 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (144,651) | (20,930) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Talento Group Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/01/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | reducing balance 20% | |||||||
Motor Cars | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 8 | |||||
Talento Group Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Equipment | Motor Cars | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/02/2022 | 12,267 | - | 12,267 | |||
Additions | 832 | 15,786 | 16,618 | |||
At 31/01/2023 | 13,099 | 15,786 | 28,885 | |||
Depreciation | ||||||
At 01/02/2022 | 4,290 | - | 4,290 | |||
For the year | 1,762 | 3,947 | 5,709 | |||
At 31/01/2023 | 6,052 | 3,947 | 9,999 | |||
Net Book Amounts | ||||||
At 31/01/2023 | 18,886 | |||||
At 31/01/2022 | 7,977 | |||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 32,195 | 19,278 | ||||||
Other debtors | 167,200 | 141,517 | ||||||
Prepayments | - | 2,046 | ||||||
199,395 | 162,841 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 12,482 | 12,482 | ||||||
VAT | 125,525 | 87,648 | ||||||
Other tax and social security costs | 98,977 | 20,817 | ||||||
Bank loan | 6,315 | 10,128 | ||||||
Hire purchase | 3,000 | - | ||||||
Trade creditors | 95,708 | 81,119 | ||||||
Other creditors | - | 33 | ||||||
Accruals | 1,000 | 5,361 | ||||||
343,007 | 217,588 | |||||||
Talento Group Ltd | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 37,456 | 38,814 | ||||||
Hire purchase >1yr | 10,250 | - | ||||||
47,706 | 38,814 | |||||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 769 | 1,327 | ||||||
769 | 1,327 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
9. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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10. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England & Wales. | ||||||||
The company's registered number is 11155890. | ||||||||
The company's registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ. |
Talento Group Ltd | ||||||||
11. TRANSACTIONS WITH DIRECTORS | ||||||||
At 1 February 2022 a loan of £101,225 was owed to the company by a certain director. Advances of £53,492 were made during the year and at the balance sheet date £154,717 remains outstanding. The loan is interest free, unsecured and repayable on demand. | ||||||||