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Registered number: 04577446
Talisman One to One Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
BK Plus
Units 4 & 5 Rockfield Business Park
Old Station Drive
Cheltenham
Gloucestershire
GL53 0AN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04577446
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 1,821
Tangible Assets 5 1,221,853 1,099,333
1,221,853 1,101,154
CURRENT ASSETS
Stocks 6 6,000 6,000
Debtors 7 32,641 2,771
Cash at bank and in hand 80,192 175,280
118,833 184,051
Creditors: Amounts Falling Due Within One Year 8 (235,063 ) (185,659 )
NET CURRENT ASSETS (LIABILITIES) (116,230 ) (1,608 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,105,623 1,099,546
Creditors: Amounts Falling Due After More Than One Year 9 (532,395 ) (577,060 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,224 ) (1,224 )
NET ASSETS 572,004 521,262
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 571,904 521,162
SHAREHOLDERS' FUNDS 572,004 521,262
Page 1
Page 2
For the year ending 30 September 2025 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 her 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
Ms Adrienne Bailey
Director
27/05/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Talisman One to One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04577446 . The registered office is The Ormond At Tetbury, 23 Long Street, Tetbury, Gloucestershire, GL8 8AA.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold At Cost
Leasehold At Cost
Plant & Machinery 15% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 33% Straight Line
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. 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: 22 (2024: 22)
22 22
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2024 60,709
As at 30 September 2025 60,709
Amortisation
As at 1 October 2024 58,888
Provided during the period 1,821
As at 30 September 2025 60,709
Net Book Value
As at 30 September 2025 -
As at 1 October 2024 1,821
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5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Fixtures & Fittings
£ £ £ £
Cost
As at 1 October 2024 911,213 156,790 15,697 113,667
Additions - 68,536 25,465 39,062
As at 30 September 2025 911,213 225,326 41,162 152,729
Depreciation
As at 1 October 2024 - - 12,942 85,092
Provided during the period - - 4,233 10,145
As at 30 September 2025 - - 17,175 95,237
Net Book Value
As at 30 September 2025 911,213 225,326 23,987 57,492
As at 1 October 2024 911,213 156,790 2,755 28,575
Computer Equipment Total
£ £
Cost
As at 1 October 2024 10,815 1,208,182
Additions 5,724 138,787
As at 30 September 2025 16,539 1,346,969
Depreciation
As at 1 October 2024 10,815 108,849
Provided during the period 1,889 16,267
As at 30 September 2025 12,704 125,116
Net Book Value
As at 30 September 2025 3,835 1,221,853
As at 1 October 2024 - 1,099,333
6. Stocks
2025 2024
£ £
Stock 6,000 6,000
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 529 -
Other debtors 32,112 2,771
32,641 2,771
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 88,523 50,795
Other creditors 97,144 43,246
Taxation and social security 49,396 91,618
235,063 185,659
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 40,000 -
Other loans 448,175 511,955
Other creditors 44,220 65,105
532,395 577,060
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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