Company Registration No. 11663134 (England and Wales)
TALENT ZONE LTD
Unaudited accounts
for the year ended 31 December 2023
TALENT ZONE LTD
Unaudited accounts
Contents
TALENT ZONE LTD
Company Information
for the year ended 31 December 2023
Company Number
11663134 (England and Wales)
Registered Office
THE OLD SCHOOL 23 EASTFIELD ROAD
WESTBURY-ON-TRYM
BRISTOL
BS9 4AE
Accountants
FARQUHAR PARTNERSHIP LIMITED
151 WHITELADIES ROAD
CLIFTON
BRISTOL
BS8 2RA
TALENT ZONE LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
21,059
32,881
Creditors: amounts falling due within one year
(240,540)
(29,399)
Net current assets
3,723
17,342
Total assets less current liabilities
3,723
17,455
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
3,722
17,433
Shareholders' funds
3,723
17,434
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 August 2024 and were signed on its behalf by
B G H Crewe
Director
Company Registration No. 11663134
TALENT ZONE LTD
Notes to the Accounts
for the year ended 31 December 2023
TALENT ZONE LTD is a private company, limited by shares, registered in England and Wales, registration number 11663134. The registered office is THE OLD SCHOOL 23 EASTFIELD ROAD, WESTBURY-ON-TRYM, BRISTOL, BS9 4AE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% Straight Line Basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
TALENT ZONE LTD
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
181,390
13,860
Accrued income and prepayments
12,688
-
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
90,332
675
Taxes and social security
46,483
25,414
Loans from directors
-
145
7
Deferred taxation
2023
2022
Accelerated capital allowances
-
21
Provision at start of year
21
42
Credited to the profit and loss account
(21)
(21)
Provision at end of year
-
21
TALENT ZONE LTD
Notes to the Accounts
for the year ended 31 December 2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
(145)
130,694
101,423
29,126
(145)
130,694
101,423
29,126
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).