Registered number: 08562401 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
VICTOR STEWART |
CLASS TALENT LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08562401 | ||||||||
ACCOUNTANTS | ||||||||
VICTOR STEWART |
CLASS TALENT LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' 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 | - |
CLASS TALENT LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
138,752 | 53,521 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (638) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 25,333 | 25,333 | |||||||
NET ASSETS / (LIABILITIES) | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 1,244 | (21,033) | ||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
CLASS TALENT LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
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 | ||||||||
Plant and Machinery | 20% | |||||||
Fixtures and Fittings | 20% | |||||||
Equipment | 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. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Fixtures | |||||||
Machinery | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/04/2022 | 8,740 | 1,091 | 1,044 | 10,875 | ||||
At 31/03/2023 | 8,740 | 1,091 | 1,044 | 10,875 | ||||
Depreciation | ||||||||
At 01/04/2022 | 4,578 | 805 | 454 | 5,837 | ||||
For the year | 832 | 57 | 118 | 1,007 | ||||
At 31/03/2023 | 5,410 | 862 | 572 | 6,844 | ||||
Net Book Amounts | ||||||||
At 31/03/2023 | 4,031 | |||||||
At 31/03/2022 | 5,038 | |||||||
CLASS TALENT LTD | ||||||||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 93,032 | 14,098 | ||||||
Other debtors | 575 | - | ||||||
Prepayments | 229 | - | ||||||
Directors current account | 23,166 | 13,376 | ||||||
Directors current account | 13,750 | 17,337 | ||||||
130,752 | 44,811 | |||||||
Amounts falling due over more than one year | ||||||||
Long term debtor | 505 | - | ||||||
505 | - | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
VAT | 21,932 | 9,467 | ||||||
PAYE control | 440 | - | ||||||
Bank loans and overdrafts | 8,650 | - | ||||||
Bank Loan | - | 8,000 | ||||||
Trade creditors | - | 868 | ||||||
Other creditors | 1,898 | - | ||||||
Amounts due to group companies | 83,186 | 35,824 | ||||||
116,106 | 54,159 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 25,333 | 25,333 | ||||||
25,333 | 25,333 | |||||||
CLASS TALENT LTD | ||||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||