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Company Registration No. 15583102 (England and Wales)
Talenttech Development Limited Unaudited accounts for the year ended 31 March 2026
Talenttech Development Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Talenttech Development Limited Company Information for the year ended 31 March 2026
Director
M Pocock
Company Number
15583102 (England and Wales)
Registered Office
116 New Road Chilworth Guildford Surrey GU4 8LU England
Accountants
Switchfoot Accounting Limited 147 Frimley Road Camberley Surrey GU15 2PS
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Talenttech Development Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
128
-
Current assets
Debtors
5
315
-
Cash at bank and in hand
1,382
1,055
1,697
1,055
Creditors: amounts falling due within one year
6
(11,844)
(9,502)
Net current liabilities
(10,147)
(8,447)
Net liabilities
(10,019)
(8,447)
Capital and reserves
Called up share capital
10
10
Profit and loss account
(10,029)
(8,457)
Shareholders' funds
(10,019)
(8,447)
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 his 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 7 July 2026 and were signed on its behalf by
M Pocock Director Company Registration No. 15583102
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Talenttech Development Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Talenttech Development Limited is a private company, limited by shares, registered in England and Wales, registration number 15583102. The registered office is 116 New Road, Chilworth, Guildford, Surrey, GU4 8LU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and other sales taxes. 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.
Deferred taxation
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Over 3 years on a straight line basis
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Talenttech Development Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2025
-
Additions
140
At 31 March 2026
140
Depreciation
Charge for the year
12
At 31 March 2026
12
Net book value
At 31 March 2026
128
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
315
-
6
Creditors: amounts falling due within one year
2026
2025
£
£
Loans from directors
10,644
8,302
Accruals
1,200
1,200
11,844
9,502
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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