REGISTERED NUMBER: 12256720 (England and Wales)

TALENT-UK LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss D L Toomes

SECRETARY:

K B Gillespie

REGISTERED OFFICE:

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

REGISTERED NUMBER:

12256720 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Tangible assets

4

1,254

1,179

CURRENT ASSETS

Debtors

5

63,881

36,741

Cash at bank

16,873

21,228

80,754

57,969

CREDITORS

Amounts falling due within one year

6

(80,942

)

(49,986

)

NET CURRENT (LIABILITIES)/ASSETS

(188

)

7,983

TOTAL ASSETS LESS CURRENT LIABILITIES

1,066

9,162

CREDITORS

Amounts falling due after more than one year

7

-

(2,334

)

PROVISIONS FOR LIABILITIES

9

(238

)

(233

)

NET ASSETS

828

6,595

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

728

6,495

SHAREHOLDERS' FUNDS

828

6,595

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2026 and were signed by:

Miss D L Toomes - Director

1.	STATUTORY INFORMATION

Talent-Uk Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is recognised on the supply of services to the customer excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 20% on reducing balance

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including other creditors and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

4,233

Additions

531

At 31 October 2025

4,764

DEPRECIATION

At 1 November 2024

3,054

Charge for year

456

At 31 October 2025

3,510

NET BOOK VALUE

At 31 October 2025

1,254

At 31 October 2024

1,179

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

57,313

34,318

Other debtors

6,568

2,423

63,881

36,741

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

32,302

4,000

Trade creditors

2,037

4,011

Taxation and social security

46,409

41,643

Other creditors

194

332

80,942

49,986

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

2,334

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,334

6,334

The bank loan is secured by the Government under the Bounce Back loan initiative.

The Factoring Account is secured by way of fixed charge against all fixed assets, all specific book debts and all other debts, by way of floating charge on the floating assets.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

238

233

Deferred

tax

£

Balance at 1 November 2024

233

Provided during year

5

Balance at 31 October 2025

238

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

Miss D L Toomes

Balance outstanding at start of year

(160

)

(10,002

)

Amounts advanced

43,318

54,472

Amounts repaid

(36,590

)

(44,630

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,568

(160

)

11.	RELATED PARTY DISCLOSURES

Loans owing to the company via the directors loan account on an interest free basis of £6,568 (2024 - £160 owed to the director) were outstanding at the year end, the amounts are repayable on demand.