Talent Grail Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09589898 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 13 May 2015 to 31 December 2015

for

Talent Grail Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M S R Goluguri

J N Torkington

A V Gadhiraju

SECRETARY:

REGISTERED OFFICE:

1st Floor

North Suite

Delphian House

New Bailey Street

Salford

M3 5FS

REGISTERED NUMBER:

09589898 (England and Wales)

ACCOUNTANTS:

NW Accounts Limited

Chartered Accountants

17 Leafield Road

Disley

Stockport

Cheshire

SK12 2JF

CREDITORS

Amounts falling due within one year

12,621

NET CURRENT LIABILITIES

(12,621

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,621

)

CAPITAL AND RESERVES

Called up share capital

2

600

Profit and loss account

(13,221

)

SHAREHOLDERS' FUNDS

(12,621

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 March 2016 and were signed on its behalf by:

M S R Goluguri - Director

J N Torkington - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the balance sheet date the company had net liabilities of £12,621. The directors considers the future of the

company to be satisfactory based on current projections and their continued support. As a result the accounts

have been prepared on the going concern basis.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

600

Ordinary

£1

600

600 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.