1 June 2024 false No description of principal activity Taxfiler 2024.6 14840068 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14840068 2024-05-31 14840068 2024-06-01 2025-05-31 14840068 business:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 14840068 business:FilletedAccounts 2024-06-01 2025-05-31 14840068 2025-05-31 14840068 business:Director1 2024-06-01 2025-05-31 14840068 business:RegisteredOffice 2024-06-01 2025-05-31 14840068 2024-05-31 14840068 core:WithinOneYear 2025-05-31 14840068 core:WithinOneYear 2024-05-31 14840068 core:SharePremium core:PreviouslyStatedAmount 2025-05-31 14840068 core:SharePremium core:PreviouslyStatedAmount 2024-05-31 14840068 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 14840068 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-05-31 14840068 core:PreviouslyStatedAmount 2025-05-31 14840068 core:PreviouslyStatedAmount 2024-05-31 14840068 business:SmallEntities 2024-06-01 2025-05-31 14840068 countries:EnglandWales 2024-06-01 2025-05-31 14840068 2023-05-02 2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14840068 (England and Wales)
TRULY TALENTED LTD Unaudited accounts for the year ended 31 May 2025
TRULY TALENTED LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
TRULY TALENTED LTD Company Information for the year ended 31 May 2025
Director
Yasir khan
Company Number
14840068 (England and Wales)
Registered Office
86 Kenyon Lane Manchester M40 9DH England
- 3 -
TRULY TALENTED LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
2,405
-
Cash at bank and in hand
2,878
8,304
5,283
8,304
Creditors: amounts falling due within one year
5
(7,336)
(5,333)
Net current (liabilities)/assets
(2,053)
2,971
Net (liabilities)/assets
(2,053)
2,971
Capital and reserves
Share premium
100
100
Profit and loss account
(2,153)
2,871
Shareholders' funds
(2,053)
2,971
For the year ending 31 May 2025 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 February 2026 and were signed on its behalf by
Yasir khan Director Company Registration No. 14840068
- 4 -
TRULY TALENTED LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
TRULY TALENTED LTD is a private company, limited by shares, registered in England and Wales, registration number 14840068. The registered office is 86 Kenyon Lane, Manchester, M40 9DH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 May 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 2 May 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
2,405
-
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
2,676
-
Taxes and social security
-
673
Loans from directors
4,660
4,660
7,336
5,333
6
Average number of employees
During the year the average number of employees was 6 (2024: 2).
- 5 -