Registered number
10726619
Talula Capital and Consulting Limited
Filleted Accounts
30 April 2024
Talula Capital and Consulting Limited
Registered number: 10726619
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 8,730 69
Current assets
Debtors 4 - 94,958
Cash at bank and in hand 810,567 677,256
810,567 772,214
Creditors: amounts falling due within one year 5 (134,718) (176,142)
Net current assets 675,849 596,072
Net assets 684,579 596,141
Capital and reserves
Called up share capital 2 2
Profit and loss account 684,577 596,139
Shareholders' funds 684,579 596,141
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Malcolm Abrahams
Director
Approved by the board on 28 January 2025
Talula Capital and Consulting Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 15% Straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2023 675
Additions 10,271
At 30 April 2024 10,946
Depreciation
At 1 May 2023 606
Charge for the year 1,610
At 30 April 2024 2,216
Net book value
At 30 April 2024 8,730
At 30 April 2023 69
4 Debtors 2024 2023
£ £
Trade debtors - 94,958
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,193 -
Taxation and social security costs 40,848 146,678
Other creditors 90,677 29,464
134,718 176,142
6 Other information
Talula Capital and Consulting Limited is a private company limited by shares and incorporated in England. Its registered office is:
5 Braemore Court
Cockfosters Road
Cockfosters
Barnet
EN4 0AE
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