TALISMAN SPECIALTY UK LIMITED

Company Registration Number:
03523759 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TALISMAN SPECIALTY UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TALISMAN SPECIALTY UK LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Laurence Winter
Bernard Devereese
Registered office: 3rd Floor Suite
37/39 Lime Street
London
England
EC3M 7AY
Company Registration Number: 03523759 (England and Wales)

TALISMAN SPECIALTY UK LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Marine/Energy insurance underwriting and consultancy services

Political and charitable donations

None

Company policy on the employment of disabled persons

Company complies with all governmental regulations regarding disability

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Laurence Winter
Bernard Devereese

This report was approved by the board of directors on 19 August 2024
And Signed On Behalf Of The Board By:

Name: Laurence Winter
Status: Director

TALISMAN SPECIALTY UK LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 78,758 164,397
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 78,758 164,397
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 134,887 ) ( 145,949 )
Other operating income 0 0
Operating Profit or (Loss) ( 56,129 ) 18,448
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 56,129 ) 18,448
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 56,129 ) 18,448

The notes form part of these financial statements

TALISMAN SPECIALTY UK LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 65,000 45,000
Cash at bank and in hand: 39,070 115,199
Total current assets: 104,070 160,199
Prepayments and accrued income: 0 0
Net current assets (liabilities): 104,070 160,199
Total assets less current liabilities: 104,070 160,199
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 104,070 160,199

The notes form part of these financial statements

TALISMAN SPECIALTY UK LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 94,070 150,199
Shareholders funds: 104,070 160,199

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 19 August 2024
And Signed On Behalf Of The Board By:

Name: Laurence Winter
Status: Director

The notes form part of these financial statements

TALISMAN SPECIALTY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TALISMAN SPECIALTY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

TALISMAN SPECIALTY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

TALISMAN SPECIALTY UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors


2024
£

2023
£
Other debtors 65,000 45,000
Total 65,000 45,000
Debtors due after more than one year: 0 0

Amount due from WIS Research Limited of which Mr Winter is a shareholder