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
Talus Solutions Ltd
Company Information
for the year ended 31 October 2024
Directors
AJW Halford
Philip 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
Talus Solutions Ltd
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
21,968
18,396
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)
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
Talus Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
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
Talus Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
33,406
41,483
Accrued income and prepayments
-
11,000
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,680
9,680
Taxes and social security
(905)
905
Loans from directors
15,365
14,567
7
Creditors: amounts falling due after more than one year
2024
2023
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).