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Company Registration No. 13148923 (England and Wales)
NETWORK TALENT LIMITED Unaudited accounts for the year ended 30 April 2024
NETWORK TALENT LIMITED Unaudited accounts Contents
Page
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NETWORK TALENT LIMITED Company Information for the year ended 30 April 2024
Directors
Mr N Devoil Mr S Devoil Mr C McCormack
Company Number
13148923 (England and Wales)
Registered Office
Regal House 70 London Road Twickenham TW1 3QS
Accountants
Stoney Philbin & Company Limited 7 High Street Chapel-en-le-Frith High Peak SK23 0HD
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of NETWORK TALENT LIMITED for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of NETWORK TALENT LIMITED for the year ended 30 April 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Stoney Philbin & Company Limited Chartered Certified Accountants 7 High Street Chapel-en-le-Frith High Peak SK23 0HD 16 August 2024
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NETWORK TALENT LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,030 
8,623 
Current assets
Debtors
62,112 
93,780 
Cash at bank and in hand
584,346 
682,759 
646,458 
776,539 
Creditors: amounts falling due within one year
(107,027)
(237,733)
Net current assets
539,431 
538,806 
Net assets
546,461 
547,429 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
546,360 
547,328 
Shareholders' funds
546,461 
547,429 
For the year ending 30 April 2024 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 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 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 of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by
Mr C McCormack Director Company Registration No. 13148923
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NETWORK TALENT LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
NETWORK TALENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13148923. The registered office is Regal House, 70 London Road, Twickenham, TW1 3QS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
5,700 
6,054 
11,754 
Additions
- 
750 
750 
At 30 April 2024
5,700 
6,804 
12,504 
Depreciation
At 1 May 2023
1,425 
1,706 
3,131 
Charge for the year
1,069 
1,274 
2,343 
At 30 April 2024
2,494 
2,980 
5,474 
Net book value
At 30 April 2024
3,206 
3,824 
7,030 
At 30 April 2023
4,275 
4,348 
8,623 
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NETWORK TALENT LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
62,112 
93,780 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
27,753 
39,090 
Taxes and social security
68,991 
115,192 
Loans from directors
10,283 
83,451 
107,027 
237,733 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
1 A Ordinary shares of £1 each
1 
1 
101 
101 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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