0 01/01/2024 31/12/2024 2024-12-31 false false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2024-01-01 Sage Accounts Production 24.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 08316291 2024-01-01 2024-12-31 08316291 2024-12-31 08316291 2023-12-31 08316291 2023-01-01 2023-12-31 08316291 2023-12-31 08316291 2022-12-31 08316291 bus:RegisteredOffice 2024-01-01 2024-12-31 08316291 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 08316291 bus:Director1 2024-01-01 2024-12-31 08316291 bus:Director2 2024-01-01 2024-12-31 08316291 bus:Director3 2024-01-01 2024-12-31 08316291 bus:Director4 2024-01-01 2024-12-31 08316291 core:FurnitureFittingsToolsEquipment 2023-12-31 08316291 core:FurnitureFittingsToolsEquipment 2024-12-31 08316291 core:WithinOneYear 2024-12-31 08316291 core:WithinOneYear 2023-12-31 08316291 core:ShareCapital 2024-12-31 08316291 core:ShareCapital 2023-12-31 08316291 core:RetainedEarningsAccumulatedLosses 2024-12-31 08316291 core:RetainedEarningsAccumulatedLosses 2023-12-31 08316291 bus:OrdinaryShareClass1 core:ShareCapital 2024-12-31 08316291 bus:OrdinaryShareClass1 core:ShareCapital 2023-12-31 08316291 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 08316291 core:FurnitureFittingsToolsEquipment 2023-12-31 08316291 bus:SmallEntities 2024-01-01 2024-12-31 08316291 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08316291 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08316291 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08316291 bus:FullAccounts 2024-01-01 2024-12-31
Company registration number: 08316291
Lime Talent Limited
Unaudited filleted financial statements
for the year ended
31 December 2024
Lime Talent Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Lime Talent Limited
Directors and other information
Directors A P Pearson
C O McWade
D J Hodge
P Jackson
Company number 08316291
Registered office Swan Court
11 Worple Road
London
SW19 4JS
Website address www.limetalentgroup.com
Lime Talent Limited
Statement of financial position
31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 3,422 1,566
_______ _______
3,422 1,566
Current assets
Debtors 6 145,825 149,742
Cash at bank and in hand 279,918 283,052
_______ _______
425,743 432,794
Creditors: amounts falling due
within one year 7 ( 216,672) ( 123,234)
_______ _______
Net current assets 209,071 309,560
_______ _______
Total assets less current liabilities 212,493 311,126
Provisions for liabilities ( 856) ( 392)
_______ _______
Net assets 211,637 310,734
_______ _______
Capital and reserves
Called up share capital 8 10,000 10,000
Profit and loss account 201,637 300,734
_______ _______
Shareholders funds 211,637 310,734
_______ _______
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 18 June 2025 , and are signed on behalf of the board by:
C O McWade D J Hodge
Director Director
Company registration number: 08316291
Lime Talent Limited
Notes to the financial statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Swan Court, 11 Worple Road, London, SW19 4JS.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover represents the value of services supplied by the company, excluding VAT. For non-retained recruitment assignments, revenue is recognised when a job offer has been accepted and the candidate has commenced work. For retained recruitment assignments, non-refundable progress payments are recognised as the assignment proceeds and when invoiced and collected.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures, fittings and equipment - 3 years straight line
Computer equipment - 3 years straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Turnover
The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 January 2024 19,291 19,291
Additions 3,476 3,476
_______ _______
At 31 December 2024 22,767 22,767
_______ _______
Depreciation
At 1 January 2024 17,725 17,725
Charge for the year 1,620 1,620
_______ _______
At 31 December 2024 19,345 19,345
_______ _______
Carrying amount
At 31 December 2024 3,422 3,422
_______ _______
At 31 December 2023 1,566 1,566
_______ _______
6. Debtors
2024 2023
£ £
Trade debtors 126,966 122,735
Other debtors 18,859 27,007
_______ _______
145,825 149,742
_______ _______
7. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 3,937 1,092
Corporation tax 20,500 27,000
Social security and other taxes 78,304 65,704
Other creditors 113,931 29,438
_______ _______
216,672 123,234
_______ _______
8. Called up share capital
Issued, called up and fully paid
2024 2023
No £ No £
Ordinary shares of £ 1.00 each 10,000 10,000 10,000 10,000
_______ _______ _______ _______