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REGISTERED NUMBER: 03983975 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

TALENT INNOVATIONS LIMITED

TALENT INNOVATIONS LIMITED (REGISTERED NUMBER: 03983975)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

TALENT INNOVATIONS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | E R Ainsworth

| REGISTERED OFFICE: | 2 Manor Farm Court

| Old Wolverton Road

| Old Wolverton

| Milton Keynes

| Buckinghamshire

| MK12 5NN

| REGISTERED NUMBER: | 03983975 (England and Wales)

| ACCOUNTANTS: | Ad Valorem Accountancy Services Limited

| Chartered Certified Accountants

| 2 Manor Farm Court

| Old Wolverton Road

| Old Wolverton

| Buckinghamshire

| MK12 5NN

TALENT INNOVATIONS LIMITED (REGISTERED NUMBER: 03983975)

BALANCE SHEET

31 MARCH 2025

2025 | 2024 |

| Notes | £ | £ | £

FIXED ASSETS

Intangible assets | 4 | 46,391 |  | 53,019 |  |

Tangible assets | 5 | 7,847 |  | 7,140 |  |

54,238 |  | 60,159 |  |

CURRENT ASSETS

Debtors | 6 | 217,677 |  | 287,436 |  |

Investments | 7 | 238,496 |  | 235,366 |  |

Cash at bank | 243,248 |  | 342,385 |  |

699,421 |  | 865,187 |  |

CREDITORS

Amounts falling due within one year | 8 | 210,206 |  | 275,294 |  |

NET CURRENT ASSETS | 489,215 |  | 589,893 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 543,453 |  | 650,052 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 4 |  | 4 |  |

Capital redemption reserve | 26 |  | 26 |  |

Retained earnings | 543,423 |  | 650,022 |  |

543,453 |  | 650,052 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

TALENT INNOVATIONS LIMITED (REGISTERED NUMBER: 03983975)

BALANCE SHEET - continued

31 MARCH 2025

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 10 June 2025 and were signed by:

E R Ainsworth - Director

TALENT INNOVATIONS LIMITED (REGISTERED NUMBER: 03983975)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Talent Innovations 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.

| TURNOVER

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| INTANGIBLE ASSETS

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Development costs are being amortised evenly over their estimated useful life of ten years.

| TANGIBLE FIXED ASSETS

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 20% on cost

| Computer equipment | - | 25% on cost

| 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.

| 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.

| FOREIGN EXCHANGE

| Transactions in currencies other than pound sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 12 (2024 - 11 ) .

TALENT INNOVATIONS LIMITED (REGISTERED NUMBER: 03983975)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | INTANGIBLE FIXED ASSETS

Development |

costs |

| £

| COST

| At 1 April 2024

| and 31 March 2025 | 66,273 |  |

| AMORTISATION

| At 1 April 2024 | 13,254 |  |

| Amortisation for year | 6,628 |  |

| At 31 March 2025 | 19,882 |  |

| NET BOOK VALUE

| At 31 March 2025 | 46,391 |  |

| At 31 March 2024 | 53,019 |  |

5. | TANGIBLE FIXED ASSETS

Fixtures |

and | Computer |

fittings | equipment | Totals |

| £ | £ | £

| COST

| At 1 April 2024 | - |  | 31,388 |  | 31,388 |  |

| Additions | 1,390 |  | 3,070 |  | 4,460 |  |

| At 31 March 2025 | 1,390 |  | 34,458 |  | 35,848 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 24,248 |  | 24,248 |  |

| Charge for year | 93 |  | 3,660 |  | 3,753 |  |

| At 31 March 2025 | 93 |  | 27,908 |  | 28,001 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,297 |  | 6,550 |  | 7,847 |  |

| At 31 March 2024 | - |  | 7,140 |  | 7,140 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade debtors | 198,152 |  | 244,361 |  |

| Other debtors | 19,525 |  | 43,075 |  |

217,677 |  | 287,436 |  |

7. | CURRENT ASSET INVESTMENTS

2025 | 2024 |

| £ | £

| Other | 238,496 |  | 235,366 |  |

TALENT INNOVATIONS LIMITED (REGISTERED NUMBER: 03983975)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade creditors | 22,524 |  | 55,677 |  |

| Taxation and social security | 70,978 |  | 75,001 |  |

| Other creditors | 116,704 |  | 144,616 |  |

210,206 |  | 275,294 |  |

9. | CALLED UP SHARE CAPITAL

| Ordinary share capital |  | 2025 |  | 2024 |  | 2025 |  | 2024 |  |

| Issued and fully paid |  | Number |  | Number |  | £ |  | £ |  |

| Ordinary A |  | 1 |  | 1 |  | 1 |  | 1 |  |

| Ordinary B |  | 1 |  | 1 |  | 1 |  | 1 |  |

| Ordinary C |  | 1 |  | 1 |  | 1 |  | 1 |  |

| Ordinary D |  | 1 |  | 1 |  | 1 |  | 1 |  |

| Total |  | 4 |  | 4 |  | 4 |  | 4 |  |