Contents

Balance Sheet

As at 31 March 2026

Balance Sheet Continued

For the period ended 31 March 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The directors have elected not to deliver a copy of the profit and loss account to the registrar, in accordance with section 444(5A) of the Companies Act 2006.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 accounts were approved by the Board of Directors and authorised for issue on 1 October 2026.

Notes to the Financial Statements

For the period 1 April 2025 to 31 March 2026

1. Accounting Policies

Turnover

Turnover is recognised when goods are delivered or services are provided.

Taxation

Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Debtors are recognised at the settlement amount due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors

Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

Notes to the Financial Statements (continued)

2. Basis of Preparation

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' and the Companies Act 2006.

Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the period was: 0 (previous period: 0)

Advances and credits to directors

Included within creditors falling due within one year is £104,101 owed to the directors (previous period: £98,000).

Notes to the Financial Statements (continued)

4. Commitment

At its core, Idea Talks is an idea promotion agency.

Despite all the financial crises, losses, setbacks, adversities, and turbulence the Company has experienced since inception, Idea Talks is still committed to creating, promoting, and delivering ideas through the use of publishing, communications, and public relations.

Idea Talks is also highly committed to advocating for ideas that command respect and credibility.