2023-03-012024-02-292024-02-29false13227790TALBOT EQUITY 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TALBOT EQUITY LTD

Registered Number
13227790
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

TALBOT EQUITY LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

TALBOT, Dominic Liam

Registered Address

C/O Venture Finance Management Suite 101
Cotton Exchange, Old Hall Street
Liverpool
L3 9LQ

Registered Number

13227790 (England and Wales)
TALBOT EQUITY LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Current assets
Debtors3,3542,390
Cash at bank and on hand-3,203
3,3545,593
Creditors amounts falling due within one year(2,986)(5,249)
Net current assets (liabilities)368344
Total assets less current liabilities368344
Net assets368344
Capital and reserves
Called up share capital11
Profit and loss account367343
Shareholders' funds368344
The financial statements were approved and authorised for issue by the Director on 22 October 2024, and are signed on its behalf by:
TALBOT, Dominic Liam
Director
Registered Company No. 13227790
TALBOT EQUITY LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2.Average number of employees
Average number of employees during the year

20242023
Average number of employees during the year11
3.Related party transactions
As at the year end, the Director owed the Company £3354. (2023 - £2389) This loan is interest free and repayable within nine months of the year end.