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Company Registration No. 08732693 (England and Wales)
Talus Solutions Ltd Unaudited accounts for the year ended 31 October 2024
Talus Solutions Ltd Unaudited accounts Contents
Page
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Talus Solutions Ltd Company Information for the year ended 31 October 2024
Directors
AJW Halford Philip Halford
Secretary
Mrs S Halford
Company Number
08732693 (England and Wales)
Registered Office
12 New Mill The Flour Mills Burton on Trent Staffordshire DE15 0TP
Accountants
Lime Associates 12 New Mill The Flour Mills Burton on Trent Staffordshire DE15 0TP
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Talus Solutions Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
62,900 
29,900 
Debtors
42,880 
52,483 
Cash at bank and in hand
21,968 
18,396 
127,748 
100,779 
Creditors: amounts falling due within one year
(64,298)
(23,370)
Net current assets
63,450 
77,409 
Total assets less current liabilities
63,450 
77,409 
Creditors: amounts falling due after more than one year
(7,576)
(15,789)
Net assets
55,874 
61,620 
Capital and reserves
Called up share capital
115 
115 
Profit and loss account
55,759 
61,505 
Shareholders' funds
55,874 
61,620 
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by
Philip Halford Director Company Registration No. 08732693
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Talus Solutions Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Talus Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08732693. The registered office is 12 New Mill, The Flour Mills, Burton on Trent, Staffordshire, DE15 0TP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
The company manages projects undertaken by subcontractors. Income is recognised in the profit and loss account based on the percentage of completion of individual projects.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight Line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2023
6,132 
Disposals
(6,132)
At 31 October 2024
- 
Depreciation
At 1 November 2023
6,132 
On disposals
(6,132)
At 31 October 2024
- 
Net book value
At 31 October 2024
- 
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Talus Solutions Ltd Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
33,406 
41,483 
Accrued income and prepayments
- 
11,000 
33,406 
52,483 
Amounts falling due after more than one year
Other debtors
9,474 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,680 
9,680 
VAT
(2,764)
(2,532)
Trade creditors
(12,119)
- 
Taxes and social security
(905)
905 
Loans from directors
15,365 
14,567 
Accruals
55,041 
750 
64,298 
23,370 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,576 
15,789 
8
Transactions with related parties
Included in Consultancy Fees is a payment of £59,361 (2022: £79,961) to PG Halford for professional services. PG Halford is a director of the company. Transactions took place on an arms length basis.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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