| THE TALENT COLLECTIVE LTD |
| Registered number: |
07400214 |
| Abbreviated Balance Sheet |
| as at 30 June 2015 |
|
| Notes |
|
|
2015 |
|
|
2013 |
| £ |
£ |
| Current assets |
| Debtors |
|
|
50,540 |
|
|
337,081 |
| Cash at bank and in hand |
|
|
267,003 |
|
|
85,084 |
|
|
|
317,543 |
|
|
422,165 |
|
| Creditors: amounts falling due within one year |
|
|
(68,130) |
|
|
(304,872) |
|
| Net current assets |
|
|
|
249,413 |
|
|
117,293 |
|
| Net assets |
|
|
|
249,413 |
|
|
117,293 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
248,413 |
|
|
116,293 |
|
| Shareholders' funds |
|
|
|
249,413 |
|
|
117,293 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J Tipper |
| Director |
| Approved by the board on 25 November 2015 |
|
| THE TALENT COLLECTIVE LTD |
| Notes to the Abbreviated Accounts |
| for the period ended 30 June 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of amounts invoiced during the period. In respect of long-tem contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for ongoing services is recognised by reference to the stage of completion. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
J Tipper |
|
Loan 1 |
(64,000) |
|
10,000 |
|
64,000 |
|
10,000 |
|
|
L Padua |
|
Loan 1 |
- |
|
10,000 |
|
- |
|
10,000 |
|
|
A Pearson |
|
Loan 1 |
- |
|
3,500 |
|
- |
|
3,500 |
|
|
|
(64,000) |
|
23,500 |
|
64,000 |
|
23,500 |
|
|
|
|
|
|
|
|
|
