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Company Registration No. 06876029 (England and Wales)
The Talent Labs Group Ltd Unaudited accounts for the year ended 31 December 2025
The Talent Labs Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
The Talent Labs Group Ltd Company Information for the year ended 31 December 2025
Director
Emma Mirrington
Company Number
06876029 (England and Wales)
Registered Office
International House 22-28 Wood Street Doncaster DN1 3LW England
Accountants
Nuvem 9 Ltd The Mount Business Centre Woodstock Link Belfast County Antrim BT6 8DD
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The Talent Labs Group Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
32,077
42,769
Tangible assets
5
8,849
11,176
40,926
53,945
Current assets
Debtors
6
103,491
295,968
Cash at bank and in hand
4,421
131,084
107,912
427,052
Creditors: amounts falling due within one year
7
(240,199)
(399,607)
Net current (liabilities)/assets
(132,287)
27,445
Total assets less current liabilities
(91,361)
81,390
Creditors: amounts falling due after more than one year
8
(141,360)
(77,106)
Net (liabilities)/assets
(232,721)
4,284
Capital and reserves
Called up share capital
224
224
Share premium
49,940
49,940
Capital redemption reserve
10
10
Profit and loss account
(282,895)
(45,890)
Shareholders' funds
(232,721)
4,284
For the year ending 31 December 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 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 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 11 August 2026 and were signed on its behalf by
Emma Mirrington Director Company Registration No. 06876029
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The Talent Labs Group Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
The Talent Labs Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 06876029. The registered office is International House, 22-28 Wood Street, Doncaster, DN1 3LW, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisaton is applied at 25% Reducing Balance.
4
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 January 2025
-
129,110
129,110
At 31 December 2025
-
129,110
129,110
Amortisation
At 1 January 2025
-
86,341
86,341
Charge for the year
10,692
-
10,692
At 31 December 2025
10,692
86,341
97,033
Net book value
At 31 December 2025
(10,692)
42,769
32,077
At 31 December 2024
-
42,769
42,769
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The Talent Labs Group Ltd Notes to the Accounts for the year ended 31 December 2025
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
478
23,208
23,686
Additions
-
560
560
At 31 December 2025
478
23,768
24,246
Depreciation
At 1 January 2025
478
12,032
12,510
Charge for the year
-
2,887
2,887
At 31 December 2025
478
14,919
15,397
Net book value
At 31 December 2025
-
8,849
8,849
At 31 December 2024
-
11,176
11,176
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
92,133
187,758
Amounts due from group undertakings etc.
1,224
1,224
Accrued income and prepayments
10,134
23,710
Other debtors
-
83,276
103,491
295,968
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
72,529
119,800
VAT
24,072
98,555
Trade creditors
40,759
57,350
Taxes and social security
38,213
30,378
Other creditors
1,723
90,224
Accruals
13,070
3,300
Deferred income
49,833
-
240,199
399,607
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
79,965
77,106
Amounts owed to group undertakings and other participating interests
61,395
-
141,360
77,106
- 6 -
The Talent Labs Group Ltd Notes to the Accounts for the year ended 31 December 2025
9
Controlling party
Since 30 April 2024, the Company has been a fully owned subsidiary of: THE TALENT LABS HOLDINGS LTD Company number 15392346 International House, 22-28 Wood Street, Doncaster, England, DN1 3LW
10
Average number of employees
During the year the average number of employees was 8 (2024: 18).
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