Juice Talent Development Limited

JUICE TALENT DEVELOPMENT LIMITED					Registered Number
					07703868
BALANCE SHEET
AS AT 31 MARCH 2025


Notes			2025		2024
			£		£
FIXED ASSETS
Intangible assets	3		191,960		175,184
Tangible assets	4		6,402		6,804
Investments	5		2,737		2,737
			201,099		184,725

CURRENT ASSETS
Debtors	6	142,075		179,353
Cash at bank and in hand		10,151		54,901
		152,226		234,254
CREDITORS: amounts falling due within one year	7	(196,997)		(170,187)

NET CURRENT (LIABILITIES)/ASSETS			(44,771)		64,067

TOTAL ASSETS LESS CURRENT LIABILITIES			156,328		248,792

CREDITORS: amounts falling due after more than one year	8		(150,000)		-

ACCRUALS AND DEFERRED INCOME	9		(80,075)		(146,440)

NET (LIABILITIES)/ASSETS			(73,747)		102,352

CAPITAL AND RESERVES
Called up share capital			1,001		1,001
Share premium			89,814		89,814
Profit and loss account			(164,562)		11,537

SHAREHOLDERS' FUNDS			(73,747)		102,352

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Matthew Trott
Director

Approved by the board and authorised for issue on 27 July 2025

JUICE TALENT DEVELOPMENT LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025


1	ACCOUNTING POLICIES

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The director has considered the outlook for the business including the effect of the current economic conditions. On the basis of sales and expenditure forecasts and in view of the director's opinion that the company has a reasonable expectation that loan facilities will continue to be available, the director considers it appropriate to prepare the financial statements on the going concern basis.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the transaction. The stage of completion of a transaction is measured by comparing the costs incurred for work performed to date to the estimated total costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Learning content Learning content expenditure is capitalised only if the product is commercially feasible and future economic benefits are probable. The expenditure capitalised includes the cost of direct labour and overhead costs that are directly attributable to the creation, production and preparation of the asset for its intended use. Amortisation is calculated so as to write off the cost of the asset evenly over its estimated useful life of 5 years. For the purpose of calculating distributable profits, learning content is not treated as a realised loss as, in the opinion of the director, it falls within the exception conferred by section 844(3) of the Companies Act 2006 by reason of being carried forward in accordance with applicable accounting standards.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Equipment	25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Government grants
	Grants are accounted for under the accruals model as permitted by FRS102. Grants relating to expenditure on tangible fixed assets are credited to the profit and loss account at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in profit or loss in the same period as the related expenditure.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Share-based payments
	The company provides share-based payment arrangements to certain employees. Equity-settled arrangements are measured at fair value (excluding the effect of non-market vesting conditions) at the date of grant. The fair value is expensed on a straight-line basis over the vesting period. The amount recognised as an expense is adjusted to reflect the actual number of shares or options that will vest. Where equity-settled arrangements are modified, and are of benefit to the employee, the incremental fair value is recognised over the period from the date of modification to the date of vesting. Where a modification is not beneficial to the employee there is no change to the charge for share-based payment. Settlements and cancellations are treated as an acceleration of vesting and the unvested amount is recognised immediately in the profit and loss account. The company has no cash-settled arrangements.


2	EMPLOYEES		2025	2024
			Number	Number

	Average number of persons employed by the company		15	16


3	INTANGIBLE FIXED ASSETS
				Learning content
				£
	COST
	At 1 April 2024			853,246
	Additions			88,227
	At 31 March 2025			941,473

	AMORTISATION
	At 1 April 2024			678,062
	Provided during the year			71,451
	At 31 March 2025			749,513

	NET BOOK VALUE
	At 31 March 2025			191,960
	At 31 March 2024			175,184




4	TANGIBLE FIXED ASSETS
				Plant and machinery etc
				£
	COST:
	At 1 April 2024			20,309
	Additions			1,328
	At 31 March 2025			21,637

	DEPRECIATION:
	At 1 April 2024			13,505
	Charge for the year			1,730
	At 31 March 2025			15,235

	NET BOOK VALUE:
	At 31 March 2025			6,402
	At 31 March 2024			6,804


5	INVESTMENTS
				Investments in subsidiary undertakings
				£
	COST:
	At 1 April 2024			2,737

	At 31 March 2025			2,737


6	DEBTORS		2025	2024
			£	£

	Trade debtors		24,886	42,252
	Other debtors		117,189	137,101
			142,075	179,353


7	CREDITORS: amounts falling due within one year		2025	2024
			£	£

	Trade creditors		43,711	37,669
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		80,062	38,951
	Taxation and social security		17,610	47,267
	Other creditors		55,614	46,300
			196,997	170,187


8	CREDITORS: amounts falling due after one year		2025	2024
			£	£

	Other creditors		150,000	-


9	ACCRUALS AND DEFERRED INCOME		2025	2024
			£	£
	Deferred revenue:
	Revenue to be recognised within one year		80,075	145,787
	Revenue to be recognised after more than one year		-	653
			80,075	146,440


10	OTHER FINANCIAL COMMITMENTS		2025	2024
			£	£

	Total future minimum payments under non-cancellable operating leases		17,755	30,288


11	RELATED PARTY TRANSACTIONS

	During the year ended 31 March 2025, director's remuneration was £81,767 (2024: £79,000), and the director received dividends of £28,810 (2024: £nil). Included in the profit and loss account are fees receivable from the company's subsidiary undertaking, Recruitment Juice Talent Development - Asiapac Pty Ltd (Australia) of £54,996 (2024: £69,542). Other creditors (Note 8) includes a loan received by the company from an individual related to the director in the amount of £150,000 (2024: £nil) bearing interest at 6.75%, on which no repayments are due (in full or in part) within one year of the balance sheet date.


12	OTHER INFORMATION

	Juice Talent Development Limited is a private company limited by shares and incorporated in England. Its registered office is at 13 Copse Avenue, Reading, Berkshire, RG4 6LX.