Company Registration No. 06299250 (England and Wales)
Talo Developments Limited
Unaudited accounts
for the year ended 31 March 2026
Talo Developments Limited
Unaudited accounts
Contents
Talo Developments Limited
Company Information
for the year ended 31 March 2026
Company Number
06299250 (England and Wales)
Registered Office
Evans Entwistle
26 Berkeley Square
Bristol
Avon
BS8 1HP
England
Accountants
Evans Entwistle
26 Berkeley Square
Bristol
BS8 1HP
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Talo Developments Limited
for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Talo Developments Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
26 Berkeley Square
Bristol
BS8 1HP
10 August 2026
Talo Developments Limited
Statement of financial position
as at 31 March 2026
Tangible assets
311,132
311,369
Cash at bank and in hand
2,310
2,947
Creditors: amounts falling due within one year
(3,189)
(30,573)
Net current assets
77,034
80,864
Total assets less current liabilities
388,166
392,233
Creditors: amounts falling due after more than one year
(244,970)
(240,000)
Provisions for liabilities
Net assets
143,146
152,233
Called up share capital
1
2
Profit and loss account
143,145
152,231
Shareholders' funds
143,146
152,233
For the year ending 31 March 2026 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
T Summers
Director
Company Registration No. 06299250
Talo Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
Talo Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 06299250. The registered office is Evans Entwistle, 26 Berkeley Square, Bristol, Avon, BS8 1HP, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. The depreciation policy has been changed this year from a 25% reducing balance method to a 25% straight line method. This has resulted in adjustments to the brought forward balance of additional depreciation of £66 shown as revaluation in the fixed asset note and added to the depreciation charge in the profit and loss account.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Talo Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2025
310,871
982
311,853
At 31 March 2026
310,871
982
311,853
Charge for the year
-
171
171
Surplus on revaluation
-
66
66
At 31 March 2026
-
721
721
At 31 March 2026
310,871
261
311,132
At 31 March 2025
310,871
498
311,369
Amounts falling due within one year
Other debtors
77,913
108,490
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
-
27,376
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
244,970
240,000
8
Deferred taxation
2026
2025
Accelerated capital allowances
50
-
Charged to the profit and loss account
50
-
Provision at end of year
50
-
Talo Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors current account
81,114
956
4,157
77,913
The balance represents an interest free loan that is repayable to the company upon demand.
The loan was completely repaid on 17 July 2026 and so no provision has been made for s445 tax has been made.
11
Transactions with related parties
Other creditors includes £1,368 (2025: nil) for funds transferred owed to Tamsin Summers TV Limited who have a director in common - T Summers.
12
Average number of employees
During the year the average number of employees was 1 (2025: 1).