2023-11-01 09821322 2024-10-31 09821322 2023-11-01 2024-10-31 09821322 2023-10-31 09821322 2022-11-01 2023-10-31 09821322 uk-core:WithinOneYear 2023-10-31 09821322 uk-core:WithinOneYear 2024-10-31 09821322 uk-core:AfterOneYear 2023-10-31 09821322 uk-core:AfterOneYear 2024-10-31 09821322 uk-core:ShareCapital 2024-10-31 09821322 uk-core:ShareCapital 2023-10-31 09821322 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 09821322 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 09821322 uk-bus:Director1 2023-11-01 2024-10-31 09821322 uk-core:ComputerEquipment 2023-11-01 2024-10-31 09821322 uk-core:FurnitureFittings 2023-11-01 2024-10-31 09821322 uk-core:ComputerEquipment 2023-10-31 09821322 uk-core:FurnitureFittings 2023-10-31 09821322 uk-core:FurnitureFittings 2024-10-31 09821322 uk-core:ComputerEquipment 2024-10-31 09821322 uk-core:WithinOneYear 2024-10-31 09821322 uk-core:WithinOneYear 2023-10-31 09821322 uk-core:AfterOneYear uk-core:Secured 2024-10-31 09821322 uk-core:AfterOneYear uk-core:Secured 2023-10-31 iso4217:GBP xbrli:pure 09821322 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 09821322 uk-bus:FRS102 2023-11-01 2024-10-31 09821322 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 09821322 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
WGM Talent Agency Limited
Registered Number:09821322
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
09821322
As at 31 October 2024
WGM Talent Agency Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
5,890
6,740
2
5,890
6,740
Current assets
Trade and other receivables
1,756
311
3
991
Cash and cash equivalents
243
554
2,747
Trade and other payables: amounts falling due within one year
(22,235)
(22,450)
4
(19,488)
(21,896)
Net current liabilities
Total assets less current liabilities
(16,006)
(12,748)
Trade and other payables: amounts falling due after more than
one year
(1,667)
(667)
5
310
(85)
Provisions for liabilities
(16,363)
Net liabilities
(14,500)
Capital and reserves
Called up share capital
10
10
Retained earnings
(16,373)
(14,510)
(16,363)
(14,500)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Guy Howe Director
These financial statements were approved and authorised for issue by the Board on 24 July 2025 and were signed by:
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3
Registered Number :
09821322
For the year ended 31 October 2024
WGM Talent Agency Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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4
For the year ended 31 October 2024
WGM Talent Agency Limited
Notes to the Financial Statements
Statutory Information
WGM Talent Agency Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09821322.
Registered address:
4/4a Bloomsbury Square
London
WC1A 2RP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 October 2024
WGM Talent Agency Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or valuation
At 01 November 2023
13,226
9,806
3,420
1,797
1,797
-
Additions
At 31 October 2024
3,420
11,603
15,023
Provision for depreciation and impairment
At 01 November 2023
6,486
5,226
1,260
Charge for year
2,647
2,107
540
At 31 October 2024
9,133
7,333
1,800
At 31 October 2024
Net book value
1,620
4,270
5,890
At 31 October 2023
2,160
4,580
6,740
3. Trade and other receivables
2023
2024
£
£
Trade debtors
311
-
Other debtors
-
1,756
1,756
311
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
1,000
1,000
Trade creditors
2,265
-
Other creditors
19,185
21,235
22,450
22,235
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
667
1,667
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For the year ended 31 October 2024
WGM Talent Agency Limited
Notes to the Financial Statements Continued
6. Related party transactions
Within other creditors is the directors' current account balance of £17,496 (2023 - £19,527). This loan is interest free and has
no fixed date of repayment.
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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