ACCOUNTS - Final Accounts preparation

Registered number: 07168074

TALIANCE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


TALIANCE LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 4


TALIANCE LIMITED REGISTERED NUMBER:07168074

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	2024	2023
Note	£	£

Current assets
Debtors: amounts falling due within one year	4	661,577	660,785
Current liabilities
Creditors: amounts falling due within one year	5	(641,784)	(659,486)
Net assets		19,793	1,299

Capital and reserves
Called up share capital	6	126	126
Share premium account		143,628	143,628
Profit and loss account		(123,961)	(142,455)
		19,793	1,299

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 September 2025.

D H Ross

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1


TALIANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Taliance Limited is a private limited liability company incorporated in England and Wales, with its business office address at 2nd Floor, 74 Wigmore Street, London, W1U 2SQ.
The principal activity of the Company is that of the provision and maintenance of cloud-based alternative investment software.
The Company ceased trading during the prior financial year.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The Company ceased trading during the previous year by virtue of the transfer of the entire trade to a member of the same group and the directors do not intend to resume trading in future periods.
Accordingly, the financial statements have been prepared on a break up basis, where appropriate, writing down the Company's assets to net realisable value. Provision has also been made for any onerous contractual commitments at the reporting date. The financial statements do not include any provision for the future costs of terminating the business of the Company except to the extent that such were committed at the reporting date.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax.
Revenue for support service is recognised evenly over the period of the contract.
Revenue received in advance of future services is carried forward as deferred income.

2.4

Debtors

Short term debtors are measured at the transaction price, less any impairment.

2.5

Creditors

Short term creditors are measured at the transaction price.

Page 2


TALIANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.6

Foreign currency translation

Functional and presentation currency
The Company's functional and presentational currency is £ Sterling.
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

3.	Employees
	The Company had no employees during the current and preceding period.

Debtors

					2024	2023
					£	£

Amounts owed by group undertakings	660,861	660,069
Other debtors	716	716
	661,577	660,785

Page 3


TALIANCE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	641,784	657,236
Accruals and deferred income	-	2,250
	641,784	659,486

6.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

126 (2023 - 126) Ordinary shares of £1 each	126	126

7.	Related party transactions
	The Company has taken advantage of the exemption under FRS102 33.1A Related Party Disclosures not to disclose transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.

8.	Controlling party

The immediate parent undertaking is Taliance Group SAS, a company incorporated in France. The directors regard Altus Group Limited, a company incorporated in Toronto, Ontario, Canada as the ultimate parent undertaking. Group accounts are available from the Altus Group website at www.altusgroup.com.

9.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 29 September 2025 by Stephen Iseman FCA (Senior Statutory Auditor) on behalf of Sopher + Co LLP.

Page 4