REGISTERED NUMBER: 06918615 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

TALKING HANDS ACADEMY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs N Mccabe

REGISTERED OFFICE:

24 Braunton Road Aigburth

Liverpool

Merseyside

L17 6AP

REGISTERED NUMBER:

06918615 (England and Wales)

ACCOUNTANTS:

Coburn McKenna - Chartered Accountants

81-83a Allerton Road

Liverpool

Merseyside

L18 2DA

FIXED ASSETS

Tangible assets

4

524

655

CURRENT ASSETS

Debtors

5

1,267

1,009

Cash in hand

204

204

1,471

1,213

CREDITORS

Amounts falling due within one year

6

35,237

37,541

NET CURRENT LIABILITIES

(33,766

)

(36,328

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,242

)

(35,673

)

CREDITORS

Amounts falling due after more than one year

7

(5,198

)

(6,293

)

PROVISIONS FOR LIABILITIES

-

(124

)

NET LIABILITIES

(38,440

)

(42,090

)

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

(38,542

)

(42,192

)

(38,440

)

(42,090

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

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 18 June 2025 and were signed by:

Mrs N Mccabe - Director

1.	STATUTORY INFORMATION

Talking Hands Academy 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

The 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.

The company meets its day to day working capital requirements through interest fee loans provided by its director and through obtaining periods of credit from other various creditors.

On the basis of the director's monitoring of the ongoing cash flow information; the intention of the director to continue to provide ongoing financial support to the company; and their expectation of the continuation of obtaining periods of credit from other various creditors, the director considers it appropriate to continue to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the wthdrawal of the financing activities by any of the parties.

TURNOVER

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

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

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2023

and 31 August 2024

5,023

DEPRECIATION

At 1 September 2023

4,368

Charge for year

131

At 31 August 2024

4,499

NET BOOK VALUE

At 31 August 2024

524

At 31 August 2023

655

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,267

658

Other debtors

-

351

1,267

1,009

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,924

3,141

Trade creditors

1,136

956

Taxation and social security

90

2,178

Other creditors

29,087

31,266

35,237

37,541

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

5,198

6,293

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

820

1,915