Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3122023-01-01falsethat of Management consultancy services.2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12157128 2023-01-01 2023-12-31 12157128 2022-01-01 2022-12-31 12157128 2023-12-31 12157128 2022-12-31 12157128 c:Director1 2023-01-01 2023-12-31 12157128 d:OfficeEquipment 2023-01-01 2023-12-31 12157128 d:OfficeEquipment 2023-12-31 12157128 d:OfficeEquipment 2022-12-31 12157128 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 12157128 d:CurrentFinancialInstruments 2023-12-31 12157128 d:CurrentFinancialInstruments 2022-12-31 12157128 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12157128 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12157128 d:ShareCapital 2023-12-31 12157128 d:ShareCapital 2022-12-31 12157128 d:RetainedEarningsAccumulatedLosses 2023-12-31 12157128 d:RetainedEarningsAccumulatedLosses 2022-12-31 12157128 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12157128 c:OrdinaryShareClass1 2023-12-31 12157128 c:OrdinaryShareClass1 2022-12-31 12157128 c:FRS102 2023-01-01 2023-12-31 12157128 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12157128 c:FullAccounts 2023-01-01 2023-12-31 12157128 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12157128 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12157128









TALLO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TALLO LIMITED
REGISTERED NUMBER: 12157128

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,066
894

Current assets
  

Debtors: amounts falling due within one year
 5 
8,100
3,422

Cash at bank and in hand
 6 
77,624
30,552

  
85,724
33,974

Creditors: amounts falling due within one year
 7 
(29,571)
(34,494)

Net current assets/(liabilities)
  
 
 
56,153
 
 
(520)

Total assets less current liabilities
  
57,219
374

  

Net assets
  
57,219
374


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
57,119
274

  
57,219
374


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 comprehensive income 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 19 September 2024.




M Tallo-Mampel
Director
Page 1

 
TALLO LIMITED
REGISTERED NUMBER: 12157128
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
TALLO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Tallo Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Charles Lake Houseire Causeway, Dartford, United Kingdom, DA2 6QA. 
The principal activity of the company during the year has been that of Management consultancy services. 

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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Rendering of services

Revenue 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 revenue 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.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
TALLO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Taxation

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.

 
2.5

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.

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:

Office equipment
-
25%
Straight line method

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.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

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.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
TALLO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
2,983


Additions
823



At 31 December 2023

3,806



Depreciation


At 1 January 2023
2,089


Charge for the year 
651



At 31 December 2023

2,740



Net book value



At 31 December 2023
1,066



At 31 December 2022
894


5.


Debtors

2023
2022
£
£


Other debtors
-
3,322

Called up share capital not paid
100
100

Prepayments and accrued income
8,000
-

8,100
3,422


Page 5

 
TALLO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
77,624
30,552

77,624
30,552



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
2,439
-

Other creditors
23,092
32,574

Accruals
4,040
1,920

29,571
34,494



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



9.


Controlling party

The director is the ultimate controlling party of the company by virtue of her shareholding. 

 
Page 6