93 Percent Talent Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14323933

		31 December 2024		31 August 2023 as restated
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	58,218		13,432
Cash at bank and in hand		413,778		61,571

		471,996		75,003
Creditors: Amounts Falling Due Within One Year	5	(415,746 )		(18,753 )

NET CURRENT ASSETS (LIABILITIES)			56,250		56,250

TOTAL ASSETS LESS CURRENT LIABILITIES			56,250		56,250

NET ASSETS			56,250		56,250

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			56,249		56,249

SHAREHOLDERS' FUNDS			56,250		56,250

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93 Percent Talent Limited

Balance Sheet (continued)

As At 31 December 2024

For the period 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 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.

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 Profit and Loss Account.

On behalf of the board

Sophie Pender

Director

26/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

93 Percent Talent Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14323933 . The registered office is Silverstream House, 45 Fitzroy Street, London, England, W1T 6EB.

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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Taxation

The company has not incurred a corporation tax charge in the period due to its policy of paying all taxable profits to its parent charity under gift aid.

Where payment of the company's taxable profits to the parent charity falls after the reporting date, the income tax effects of that gift aid payment are still recognised at the reporting date. The income tax effects are measured consistently with the tax treatment planned to be used in the company’s income tax filings, and a deferred tax liability is not recognised in relation to such a gift aid payment.

3. Average Number of Employees

Staff costs are charges from the parent charity by way of a management recharge. Average number of employees, including directors, during the period was:

NIL (2023: NIL)

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93 Percent Talent Limited

Notes to the Financial Statements (continued)

For the Period 1 September 2023 to 31 December 2024

4. Debtors

	31 December 2024	31 August 2023 as restated
	£	£
Due within one year
Trade debtors	57,600	13,200
Other debtors	618	232

	58,218	13,432

5. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 August 2023 as restated
	£	£
Other taxes and social security	-	1,636
VAT	11,056	-
Deferred income	133,702	15,497
Accruals	1,200	1,620
Amounts owed to group undertakings	269,788	-

	415,746	18,753

6. Share Capital

	31 December 2024	31 August 2023 as restated
	£	£
Allotted, Called up and fully paid	1	1

7. Related Party Transactions

During the period the parent charity, The 93 Percent Club Foundation, recharged £133,384 of staff costs (2023: £nil) and £162,848 of other costs (2023: £nil) to 93 Percent Trading Limited. 93 Percent Trading Limited made distributions of £301,884 (2023: £50,000) to The 93 Percent Club Foundation. At 31 December 2024 a balance of £269,788 was owed by 93 Percent Talent Limited (2023: £nil) to The 93 Percent Club Foundation.

8. Ultimate Controlling Party

The company's ultimate controlling party is The 93 Percent Club Foundation by virtue of its ownership of 100% of the issued share capital in the company.

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