Talbert Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10193473

TALBERT LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 November 2025

TALBERT LIMITED

STATEMENT OF FINANCIAL POSITION

30 November 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	4		8,308,560		8,308,560

CURRENT ASSETS

Debtors	5	3,023,669	2,855,495
Cash at bank and in hand		36,003	248,558
		------------	------------
		3,059,672	3,104,053

CREDITORS: amounts falling due within one year	6	( 1,543,693)		( 5,461,835)
		------------		------------
NET CURRENT ASSETS/(LIABILITIES)			1,515,979		( 2,357,782)
			------------		------------
TOTAL ASSETS LESS CURRENT LIABILITIES			9,824,539		5,950,778

CREDITORS: amounts falling due after more than one year	7	( 4,093,281)	( 220,520)
		------------	------------
NET ASSETS		5,731,258	5,730,258
		------------	------------

CAPITAL AND RESERVES

Called up share capital	4,632,428	4,632,428
Profit and loss account	1,098,830	1,097,830
	------------	------------
SHAREHOLDERS FUNDS	5,731,258	5,730,258
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

TALBERT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 November 2025

These financial statements were approved by the board of directors and authorised for issue on 5 August 2026 , and are signed on behalf of the board by:

S J Moran

Director

Company registration number: 10193473

TALBERT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 NOVEMBER 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 30 Headingley Lane, Leeds, West Yorkshire, LS6 2AS.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the Company in respect of rental income received exclusive of Value Added Tax.

Income tax

Deferred tax is provided using the liability method on all timing differences that have originated but not reversed at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its open market value at each reporting date and any changes in value are recognised in the statement of income and retained earnings.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. TANGIBLE ASSETS

	Investment Property
	£
Cost
At 1 December 2024 and 30 November 2025	8,308,560
	------------
Depreciation
At 1 December 2024 and 30 November 2025	–
	------------
Carrying amount
At 30 November 2025	8,308,560
	------------
At 30 November 2024	8,308,560
	------------

The investment properties have been valued on an open market basis by the directors as at 30 November 2025.

5. DEBTORS

	2025	2024
	£	£
Trade debtors	27,311	27,311
Other debtors	2,996,358	2,828,184
	------------	------------
	3,023,669	2,855,495
	------------	------------

6. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	274,219	4,146,980
Corporation tax	257	28,381
Social security and other taxes	46,347	43,739
Amounts owed to a related company	1,086,954	1,086,953
Other creditors	18,762	18,762
Other creditors	117,154	137,020
	------------	------------
	1,543,693	5,461,835
	------------	------------

7. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	4,093,281	220,520
	------------	---------