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REGISTERED NUMBER: 03263913 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

TALISMAN CONSULTANCY LIMITED

TALISMAN CONSULTANCY LIMITED (REGISTERED NUMBER: 03263913)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TALISMAN CONSULTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: C Matthews





REGISTERED OFFICE: Unit 20a Lakes Industrial Park
Chapel Hill
Braintree
Essex
CM7 3RU





REGISTERED NUMBER: 03263913 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

TALISMAN CONSULTANCY LIMITED (REGISTERED NUMBER: 03263913)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,789 9,363
Investments 5 27,144 -
47,933 9,363

CURRENT ASSETS
Debtors 6 22,235 36,749
Cash at bank 169,861 195,097
192,096 231,846
CREDITORS
Amounts falling due within one year 7 190,801 73,578
NET CURRENT ASSETS 1,295 158,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,228

167,631

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 49,226 167,629
49,228 167,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th February 2025 and were signed by:




C Matthews - Director


TALISMAN CONSULTANCY LIMITED (REGISTERED NUMBER: 03263913)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Talisman Consultancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern Justification
The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31 December 2024 have been prepared using the going concern basis of accounting.

Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services. Turnover is recognised in the period the service is provided to the customer and the risks and rewards of ownership on sale of goods pass to the customer. Turnover is shown net of value added taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

TALISMAN CONSULTANCY LIMITED (REGISTERED NUMBER: 03263913)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2024 24,355
Additions 17,298
At 31st December 2024 41,653
DEPRECIATION
At 1st January 2024 14,992
Charge for year 5,872
At 31st December 2024 20,864
NET BOOK VALUE
At 31st December 2024 20,789
At 31st December 2023 9,363

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investments 27,144 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,475 33,002
Prepayments 1,760 3,747
22,235 36,749

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,349 197
Tax - 2,020
Social security and other taxes 5,039 5,280
VAT 39,972 30,066
Directors' current accounts 441 -
Accruals and deferred income 135,000 33,930
Accrued expenses 2,000 2,085
190,801 73,578