Company Registration No. 07762964 (England and Wales)
TALTEK TECHNICAL SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
PAGES FOR FILING WITH REGISTRAR
TALTEK TECHNICAL SERVICES LTD
COMPANY INFORMATION
Directors
Mr T M Layton
Mrs A J Layton
Company number
07762964
Registered office
9 Tuer Way
Inkberrow
Worcestershire
WR7 4EQ
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
HSBC Bank plc
55 High Street
Alcester
Warwickshire
B49 5AQ
TALTEK TECHNICAL SERVICES LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 6
TALTEK TECHNICAL SERVICES LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TALTEK TECHNICAL SERVICES LTD FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Taltek Technical Services Ltd for the year ended 30 September 2023 which comprise, the 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 at http://www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Taltek Technical Services Ltd, 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 Taltek Technical Services Ltd and state those matters that we have agreed to state to the Board of Directors of Taltek Technical Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Taltek Technical Services Ltd and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Taltek Technical Services Ltd 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 Taltek Technical Services Ltd. You consider that Taltek Technical Services Ltd 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 Taltek Technical Services Ltd. 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.

Ormerod Rutter Limited
10 January 2024
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
TALTEK TECHNICAL SERVICES LTD
BALANCE SHEET
AS AT 30 SEPTEMBER 2023
30 September 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
666
1,359
Current assets
Debtors
4
8,859
9,249
Cash at bank and in hand
47,941
41,111
56,800
50,360
Creditors: amounts falling due within one year
5
(30,474)
(15,789)
Net current assets
26,326
34,571
Total assets less current liabilities
26,992
35,930
Provisions for liabilities
6
(127)
(258)
Net assets
26,865
35,672
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
26,765
35,572
Total equity
26,865
35,672

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

TALTEK TECHNICAL SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023
30 September 2023
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 10 January 2024 and are signed on its behalf by:
Mr T M Layton
Director
Company Registration No. 07762964
TALTEK TECHNICAL SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 4 -
1
Accounting policies
Company information

Taltek Technical Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 9 Tuer Way, Inkberrow, Worcestershire, WR7 4EQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33% on cost
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

TALTEK TECHNICAL SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.5
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.6
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 2 (2022 - 2).

3
Tangible fixed assets
Computer equipment
£
Cost
At 1 October 2022
7,999
Additions
258
At 30 September 2023
8,257
Depreciation and impairment
At 1 October 2022
6,640
Depreciation charged in the year
951
At 30 September 2023
7,591
Carrying amount
At 30 September 2023
666
At 30 September 2022
1,359
TALTEK TECHNICAL SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 6 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
8,187
8,385
Other debtors
672
864
8,859
9,249
5
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
12,843
12,052
Other creditors
17,631
3,737
30,474
15,789
6
Provisions for liabilities
2023
2022
£
£
Deferred tax liabilities
127
258
7
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary A of £1 each
100
100
100
100
8
Ultimate controlling party

The ultimate controlling party is Mr T M Layton and Mrs A J Layton.

2023-09-302022-10-01false10 January 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr T M LaytonMrs A J Laytonfalse077629642022-10-012023-09-3007762964bus:Director12022-10-012023-09-3007762964bus:Director22022-10-012023-09-3007762964bus:RegisteredOffice2022-10-012023-09-30077629642023-09-30077629642022-09-3007762964core:ComputerEquipment2023-09-3007762964core:ComputerEquipment2022-09-3007762964core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3007762964core:CurrentFinancialInstrumentscore:WithinOneYear2022-09-3007762964core:CurrentFinancialInstruments2023-09-3007762964core:CurrentFinancialInstruments2022-09-3007762964core:ShareCapital2023-09-3007762964core:ShareCapital2022-09-3007762964core:RetainedEarningsAccumulatedLosses2023-09-3007762964core:RetainedEarningsAccumulatedLosses2022-09-3007762964core:ShareCapitalOrdinaryShares2023-09-3007762964core:ShareCapitalOrdinaryShares2022-09-3007762964core:ComputerEquipment2022-10-012023-09-3007762964core:ComputerEquipment2022-09-3007762964bus:OrdinaryShareClass12022-10-012023-09-3007762964bus:OrdinaryShareClass12023-09-3007762964bus:PrivateLimitedCompanyLtd2022-10-012023-09-3007762964bus:SmallCompaniesRegimeForAccounts2022-10-012023-09-3007762964bus:FRS1022022-10-012023-09-3007762964bus:AuditExempt-NoAccountantsReport2022-10-012023-09-3007762964bus:FullAccounts2022-10-012023-09-30xbrli:purexbrli:sharesiso4217:GBP