REGISTERED NUMBER: 15764558 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

FOR

TALENT THERAPEUTICS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

L Gibson

Dr K R Gibson

REGISTERED OFFICE:

45 Queen Street

Deal

CT14 6EY

REGISTERED NUMBER:

15764558 (England and Wales)

ACCOUNTANTS:

Higson & Co (Deal) Ltd

45 Queen Street

Deal

Kent

CT14 6EY

FIXED ASSETS

Intangible assets

4

6,750

-

Tangible assets

5

1,366

-

Investments

6

47,277

-

55,393

-

CURRENT ASSETS

Debtors

7

37,521

-

Cash at bank and in hand

67,357

70,725

104,878

70,725

CREDITORS

Amounts falling due within one year

8

41,460

30,843

NET CURRENT ASSETS

63,418

39,882

TOTAL ASSETS LESS CURRENT LIABILITIES

118,811

39,882

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

9

(6,570

)

-

Retained earnings

124,381

38,882

118,811

39,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2026 and were signed on its behalf by:

Dr K R Gibson - Director

L Gibson - Director

1.	STATUTORY INFORMATION

Talent Therapeutics Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially recognised at cost basis. The assets are amortised over the estimated useful life and reviewed annually for impairments under the cost model.

Digital assets are considered to have an indefinite useful life and are therefore not amortised. Digital assets are reviewed annually for impairment.

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

-

33% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Digital

assets

£

COST

Additions

10,500

Disposals

(3,750

)

At 30 June 2026

6,750

NET BOOK VALUE

At 30 June 2026

6,750

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

Additions

525

1,357

1,882

At 30 June 2026

525

1,357

1,882

DEPRECIATION

Charge for year

144

372

516

At 30 June 2026

144

372

516

NET BOOK VALUE

At 30 June 2026

381

985

1,366

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

56,037

Revaluations

(8,760

)

At 30 June 2026

47,277

NET BOOK VALUE

At 30 June 2026

47,277

Cost or valuation at 30 June 2026 is represented by:

Other

investments

£

Valuation in 2026

(8,760

)

Cost

56,037

47,277

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

30,000

-

Directors' current accounts

5,331

-

Deferred tax asset

2,190

-

37,521

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

119

Tax

29,310

16,895

VAT

9,742

11,637

Directors' current accounts

932

932

Accrued expenses

1,476

1,260

41,460

30,843

9.

RESERVES

Fair

value

reserve

£

Transfer to fair value reserve

(6,570

)

At 30 June 2026

(6,570

)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 June 2026 and the period ended 30 June 2025:

2026

2025

£

£

L Gibson

Balance outstanding at start of year

620

-

Amounts advanced

-

3,196

Amounts repaid

312

(2,576

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

932

620

Dr K R Gibson

Balance outstanding at start of year

312

-

Amounts advanced

(9,500

)

312

Amounts repaid

3,857

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,331

)

312

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2026 set out on pages one to twelve and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Higson & Co (Deal) Ltd

45 Queen Street

Deal

Kent

CT14 6EY

Date: .............................................