Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-3112023-02-01falseBio mas boiler / investment1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09967544 2023-02-01 2024-01-31 09967544 2022-02-01 2023-01-31 09967544 2024-01-31 09967544 2023-01-31 09967544 2022-02-01 09967544 c:Director1 2023-02-01 2024-01-31 09967544 d:FurnitureFittings 2023-02-01 2024-01-31 09967544 d:OtherPropertyPlantEquipment 2024-01-31 09967544 d:OtherPropertyPlantEquipment 2023-01-31 09967544 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09967544 d:FreeholdInvestmentProperty 2024-01-31 09967544 d:FreeholdInvestmentProperty 2023-01-31 09967544 d:CurrentFinancialInstruments 2024-01-31 09967544 d:CurrentFinancialInstruments 2023-01-31 09967544 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09967544 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09967544 d:ShareCapital 2024-01-31 09967544 d:ShareCapital 2023-01-31 09967544 d:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 09967544 d:RetainedEarningsAccumulatedLosses 2024-01-31 09967544 d:RetainedEarningsAccumulatedLosses 2023-01-31 09967544 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 09967544 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 09967544 d:TaxLossesCarry-forwardsDeferredTax 2024-01-31 09967544 d:TaxLossesCarry-forwardsDeferredTax 2023-01-31 09967544 c:OrdinaryShareClass1 2023-02-01 2024-01-31 09967544 c:OrdinaryShareClass1 2024-01-31 09967544 c:OrdinaryShareClass1 2023-01-31 09967544 c:OrdinaryShareClass2 2023-02-01 2024-01-31 09967544 c:OrdinaryShareClass2 2024-01-31 09967544 c:OrdinaryShareClass2 2023-01-31 09967544 c:OrdinaryShareClass3 2023-02-01 2024-01-31 09967544 c:OrdinaryShareClass3 2024-01-31 09967544 c:OrdinaryShareClass3 2023-01-31 09967544 c:FRS102 2023-02-01 2024-01-31 09967544 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09967544 c:FullAccounts 2023-02-01 2024-01-31 09967544 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09967544 2 2023-02-01 2024-01-31 09967544 6 2023-02-01 2024-01-31 09967544 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09967544









TALDR LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
TALDR LIMITED
REGISTERED NUMBER: 09967544

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
49,025
73,539

Investments
 5 
4,852,121
4,703,058

Investment property
 6 
435,700
435,700

  
5,336,846
5,212,297

Current assets
  

Debtors: amounts falling due within one year
 7 
38,601
58,044

Current asset investments
 8 
200,134
250,429

Cash at bank and in hand
 9 
160,406
84,262

  
399,141
392,735

Creditors: amounts falling due within one year
 10 
(13,157)
(21,299)

Net current assets
  
 
 
385,984
 
 
371,436

Total assets less current liabilities
  
5,722,830
5,583,733

Provisions for liabilities
  

Deferred tax
 11 
(38,687)
(26,299)

  
 
 
(38,687)
 
 
(26,299)

Net assets
  
5,684,143
5,557,434


Capital and reserves
  

Called up share capital 
 12 
2,200
2,200

Profit and loss account
 13 
5,681,943
5,555,234

  
5,684,143
5,557,434


Page 1

 
TALDR LIMITED
REGISTERED NUMBER: 09967544

BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 August 2024.




Mr A R Spittle
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Taldr Limited is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is Tennyson House, Cambridge Business Park, Cambridge, CB4 0WZ. The principal activities of the company are to provide produced energy and provide rental accommodation.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 company's functional and presentational currency is pound sterling.
These financial statements are rounded to the nearest pound.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors consider that the resources available to the company will be sufficient for it to be able to continue as a going concern.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Boiler
-
10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Page 4

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.9
Financial instruments (continued)

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.10

Creditors

Short-term creditors are measured at the transaction price.

 
2.11

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

Page 5

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.12

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.13

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 6

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.15

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 7

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 February 2023
245,135



At 31 January 2024

245,135



Depreciation


At 1 February 2023
171,596


Charge for the year on owned assets
24,514



At 31 January 2024

196,110



Net book value



At 31 January 2024
49,025



At 31 January 2023
73,539


5.


Fixed asset investments





Listed investments
Unlisted investments
Total

£
£
£



Cost or valuation


At 1 February 2023
4,683,058
20,000
4,703,058


Additions
280,704
-
280,704


Disposals
(200,048)
-
(200,048)


Revaluations
68,407
-
68,407



At 31 January 2024
4,832,121
20,000
4,852,121




Page 8

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
435,700



At 31 January 2024
435,700

The 2024 valuations were made by the directors, on an open market value for existing use basis.





7.


Debtors

2024
2023
£
£


Trade debtors
-
15,265

Other debtors
25,945
25,945

Prepayments and accrued income
12,656
16,834

38,601
58,044



8.


Current asset investments

2024
2023
£
£

Unlisted investments
200,134
250,429



9.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
160,406
84,262


Page 9

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

10.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
116

Corporation tax
9,877
16,261

Other taxation and social security
595
2,237

Other creditors
685
685

Accruals and deferred income
2,000
2,000

13,157
21,299



11.


Deferred taxation




2024
2023


£

£






At beginning of year
(26,299)
(60,977)


Charged to profit or loss
(12,388)
34,678



At end of year
(38,687)
(26,299)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
927
(2,308)

On fixed asset investments
(39,614)
(23,991)

(38,687)
(26,299)


12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



686 (2023 - 686) Ordinary A shares of £1.00 each
686
686
1,026 (2023 - 1,026) Ordinary B shares of £1.00 each
1,026
1,026
488 (2023 - 488) Ordinary C shares of £1.00 each
488
488

2,200

2,200


Page 10

 
TALDR LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

13.


Reserves

Profit and loss account

The profit and loss account represents accumulated comprehensive income of the year and prior periods less any dividends paid.


14.


Related party transactions

During the year the company made sales totalling £23,966 (2023 - £48,046) to Bradnam Joinery Limited, a company in which Mr A R Spittle is a director.
Also during the year the company received a capitalisation dividend of £Nil (2023 - £3,000,000) on it's 1 Ordinary share held in Bradnam Joinery Ltd.
At the year end Bradnam Joinery Ltd owed the company £Nil (2023 - £15,265).
In a prior year the company loaned monies totalling to Gray Recruitment Ltd, a company in which Mr A R Spittle is a director. There are no formal terms to the loan which is repayable on demand. During the year a provision of £Nil (2023 - £26,055) was charged to the profit and loss account.
At the year end Gray Recruitment Ltd owed the company £25,945 (2023 - £25,945).


Page 11