ABR Talent Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 11914123 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2022 to 31 December 2022

for

ABR Talent Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L D Bartram

REGISTERED OFFICE:

Steel House

Solent Business Park, Plot 4300

Whiteley

Fareham

Hampshire

PO15 7FP

REGISTERED NUMBER:

11914123 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Tangible assets

4

5,912

6,011

CURRENT ASSETS

Debtors

5

20,028

51,786

Cash at bank

95,563

88,032

115,591

139,818

CREDITORS

Amounts falling due within one year

6

73,064

83,162

NET CURRENT ASSETS

42,527

56,656

TOTAL ASSETS LESS CURRENT LIABILITIES

48,439

62,667

PROVISIONS FOR LIABILITIES

1,124

1,142

NET ASSETS

47,315

61,525

CAPITAL AND RESERVES

Called up share capital

7

11

11

Retained earnings

47,304

61,514

SHAREHOLDERS' FUNDS

47,315

61,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2023 and were signed by:

L D Bartram - Director

1.	STATUTORY INFORMATION

ABR Talent Limited 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 (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 4 (2022 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2022

1,419

6,772

8,191

Additions

-

1,250

1,250

At 31 December 2022

1,419

8,022

9,441

DEPRECIATION

At 1 April 2022

284

1,896

2,180

Charge for period

213

1,136

1,349

At 31 December 2022

497

3,032

3,529

NET BOOK VALUE

At 31 December 2022

922

4,990

5,912

At 31 March 2022

1,135

4,876

6,011

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.3.22

£

£

Trade debtors

12,000

47,595

Other debtors

8,028

4,191

20,028

51,786

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.3.22

£

£

Trade creditors

4,560

3,266

Taxation and social security

38,747

50,393

Other creditors

29,757

29,503

73,064

83,162

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.22

31.3.22

value:

£

£

350

Ordinary B

1p

4

4

650

Ordinary A

1p

7

7

11

11

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the date of this report the company owed the director £204 (31 March 2022: £104 owed from the director).