Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11663134 B Crewe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11663134 2023-12-31 11663134 2024-12-31 11663134 2024-01-01 2024-12-31 11663134 frs-core:CurrentFinancialInstruments 2024-12-31 11663134 frs-core:ComputerEquipment 2024-12-31 11663134 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11663134 frs-core:ComputerEquipment 2023-12-31 11663134 frs-core:ShareCapital 2024-12-31 11663134 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11663134 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11663134 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11663134 frs-bus:SmallEntities 2024-01-01 2024-12-31 11663134 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11663134 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11663134 frs-bus:Director1 2024-01-01 2024-12-31 11663134 frs-bus:Director1 2023-12-31 11663134 frs-bus:Director1 2024-12-31 11663134 frs-countries:EnglandWales 2024-01-01 2024-12-31 11663134 2022-12-31 11663134 2023-12-31 11663134 2023-01-01 2023-12-31 11663134 frs-core:CurrentFinancialInstruments 2023-12-31 11663134 frs-core:ShareCapital 2023-12-31 11663134 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11663134
Talent Zone Ltd
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 11663134
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 273,040 223,204
Cash at bank and in hand 33,945 21,059
306,985 244,263
Creditors: Amounts Falling Due Within One Year 6 (299,473 ) (240,540 )
NET CURRENT ASSETS (LIABILITIES) 7,512 3,723
TOTAL ASSETS LESS CURRENT LIABILITIES 7,512 3,723
NET ASSETS 7,512 3,723
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement 7,511 3,722
SHAREHOLDERS' FUNDS 7,512 3,723
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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
B Crewe
Director
25/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Talent Zone Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11663134 . The registered office is 16 Oakfield Place, Bristol, BS8 2BJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2.3. 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:
Computer Equipment 33.33% Straight Line Basis
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 1,098
As at 31 December 2024 1,098
Depreciation
As at 1 January 2024 1,098
As at 31 December 2024 1,098
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 235,791 181,390
Prepayments and accrued income 6,237 12,688
Other debtors 31,012 29,126
273,040 223,204
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 104,126 90,332
Corporation tax 23,929 20,390
Other taxes and social security 16,979 26,093
Other creditors 144,387 98,420
Accruals and deferred income 10,052 5,305
299,473 240,540
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Brian Crewe 29,126 94,931 102,875 - 21,182
The above loan is unsecured, interest free and repayable on demand.
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