IRIS Accounts Production v24.2.0.383 14509127 Board of Directors 28.11.22 30.11.23 30.11.23 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh145091272022-11-27145091272023-11-30145091272022-11-282023-11-30145091272022-11-2714509127ns15:EnglandWales2022-11-282023-11-3014509127ns14:PoundSterling2022-11-282023-11-3014509127ns10:Director12022-11-282023-11-3014509127ns10:PrivateLimitedCompanyLtd2022-11-282023-11-3014509127ns10:SmallEntities2022-11-282023-11-3014509127ns10:AuditExemptWithAccountantsReport2022-11-282023-11-3014509127ns10:SmallCompaniesRegimeForDirectorsReport2022-11-282023-11-3014509127ns10:SmallCompaniesRegimeForAccounts2022-11-282023-11-3014509127ns10:FullAccounts2022-11-282023-11-3014509127ns10:Director22022-11-282023-11-3014509127ns10:RegisteredOffice2022-11-282023-11-3014509127ns5:CurrentFinancialInstruments2023-11-3014509127ns5:Non-currentFinancialInstruments2023-11-3014509127ns5:ShareCapital2023-11-3014509127ns5:RetainedEarningsAccumulatedLosses2023-11-30
REGISTERED NUMBER: 14509127 (England and Wales)











8 TALBOT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

28 NOVEMBER 2022 TO 30 NOVEMBER 2023






8 TALBOT LTD (REGISTERED NUMBER: 14509127)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 28 November 2022 to 30 November 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 6

8 TALBOT LTD

COMPANY INFORMATION
for the period 28 November 2022 to 30 November 2023







DIRECTORS: J R Higgs
A C Higgs





REGISTERED OFFICE: Lygon House
50 London Road
Bromley
Kent
BR1 3RA





REGISTERED NUMBER: 14509127 (England and Wales)





ACCOUNTANTS: Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA

8 TALBOT LTD (REGISTERED NUMBER: 14509127)

BALANCE SHEET
30 November 2023

Notes £    £   
FIXED ASSETS
Investment property 4 799,297

CURRENT ASSETS
Cash at bank 12,134

CREDITORS
Amounts falling due within one year 5 285,086
NET CURRENT LIABILITIES (272,952 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

526,345

CREDITORS
Amounts falling due after more than one
year

6

510,870
NET ASSETS 15,475

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 15,473
15,475

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

8 TALBOT LTD (REGISTERED NUMBER: 14509127)

BALANCE SHEET - continued
30 November 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





J R Higgs - Director


8 TALBOT LTD (REGISTERED NUMBER: 14509127)

NOTES TO THE FINANCIAL STATEMENTS
for the period 28 November 2022 to 30 November 2023

1. STATUTORY INFORMATION

8 Talbot Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 799,297
At 30 November 2023 799,297
NET BOOK VALUE
At 30 November 2023 799,297

8 TALBOT LTD (REGISTERED NUMBER: 14509127)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 28 November 2022 to 30 November 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 4,568
Other creditors 280,518
285,086

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 510,870

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
8 TALBOT LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 8 Talbot Ltd for the period ended 30 November 2023 which comprise the Statement of income and retained earnings, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of 8 Talbot 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 8 Talbot Ltd and state those matters that we have agreed to state to the Board of Directors of 8 Talbot Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 8 Talbot Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that 8 Talbot 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 8 Talbot Ltd. You consider that 8 Talbot Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of 8 Talbot 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.






Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


28 August 2024