Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-312023-05-31falseMedia representation services2022-05-032truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14083642 2022-05-02 14083642 2022-05-03 2023-05-31 14083642 2021-05-03 2022-05-02 14083642 2023-05-31 14083642 c:Director1 2022-05-03 2023-05-31 14083642 c:RegisteredOffice 2022-05-03 2023-05-31 14083642 d:CurrentFinancialInstruments 2023-05-31 14083642 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14083642 d:ShareCapital 2023-05-31 14083642 d:RetainedEarningsAccumulatedLosses 2023-05-31 14083642 c:FRS102 2022-05-03 2023-05-31 14083642 c:AuditExempt-NoAccountantsReport 2022-05-03 2023-05-31 14083642 c:FullAccounts 2022-05-03 2023-05-31 14083642 c:PrivateLimitedCompanyLtd 2022-05-03 2023-05-31 14083642 e:PoundSterling 2022-05-03 2023-05-31 iso4217:GBP xbrli:pure
Registered number: 14083642














TALENT RESOURCES MANAGEMENT LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 MAY 2023

 
TALENT RESOURCES MANAGEMENT LTD
 
 
COMPANY INFORMATION


Director
M D Heller 




Registered number
14083642



Registered office
20 Ladbroke Square

London

W11 3NA




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
TALENT RESOURCES MANAGEMENT LTD
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 4

 
TALENT RESOURCES MANAGEMENT LTD
REGISTERED NUMBER:14083642

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
Note
£

  

Current assets
  

Debtors
  
222,476

  
222,476

Current liabilities
  

Creditors: amounts falling due within one year
 4 
(215,767)

Net assets
  
 
 
6,709


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
6,609

  
6,709

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 period 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 by: 




M D Heller
Director

Date: 22 October 2024

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
TALENT RESOURCES MANAGEMENT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

1.


General information

Talent Resources Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 20 Ladbroke Square, London, W11 3NA.
The company was incorporated on 3 May 2022 and commenced trading on the same date.
The principal activity of the company is that of media representation 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

Going concern

The financial statements of the company have been prepared on a going concern basis, the validity of which is dependant on the continued support of the director of the business. The director is satisfied that suitable facilities will continue to be made available for at lleast twelve months from the date of his approval of these financial statements and that the company will be able to meet its working capital requirements for the foreseeable future.

 
2.3

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.

 
2.4

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:

Page 2

 
TALENT RESOURCES MANAGEMENT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company contributes to 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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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 reporting date in the countries where the Company operates and generates income.

 
2.7

Debtors

Short term debtors are measured at the 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. 

 
2.9

Creditors

Short term creditors are measured at the transaction price.

 
2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to or from related parties.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.

Page 3

 
TALENT RESOURCES MANAGEMENT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

4.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
11,152

Other taxation and social security
571

Other creditors
195,044

Accruals and deferred income
9,000

215,767



5.


Related party transactions

Included within Debtors is an amount of £222,476 owed by a related party. Amounts owed by related parties are interest free loans, repayable on demand, to companies with common control and ownership.
Included within Other Creditors is an amount of £194,897 owed to the Director. This amount is interest free and repayable on demand.

 
Page 4