IRIS Accounts Production v22.1.0.628 07770337 Board of Directors 1.1.21 31.12.21 31.12.21 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure077703372020-12-31077703372021-12-31077703372021-01-012021-12-31077703372019-12-31077703372020-01-012020-12-31077703372020-12-3107770337ns16:EnglandWales2021-01-012021-12-3107770337ns15:PoundSterling2021-01-012021-12-3107770337ns11:Director12021-01-012021-12-3107770337ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3107770337ns11:SmallEntities2021-01-012021-12-3107770337ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3107770337ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3107770337ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3107770337ns11:FullAccounts2021-01-012021-12-3107770337ns11:Director62021-01-012021-12-3107770337ns11:RegisteredOffice2021-01-012021-12-3107770337ns6:CurrentFinancialInstruments2021-12-3107770337ns6:CurrentFinancialInstruments2020-12-3107770337ns6:Non-currentFinancialInstruments2021-12-3107770337ns6:Non-currentFinancialInstruments2020-12-3107770337ns6:ShareCapital2021-12-3107770337ns6:ShareCapital2020-12-3107770337ns6:RetainedEarningsAccumulatedLosses2021-12-3107770337ns6:RetainedEarningsAccumulatedLosses2020-12-3107770337ns6:PlantMachinery2021-01-012021-12-3107770337ns6:PlantMachinery2020-12-3107770337ns6:PlantMachinery2021-12-3107770337ns6:PlantMachinery2020-12-3107770337ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3107770337ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-31
REGISTERED NUMBER: 07770337 (England and Wales)















ALFORD TRAINING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021






ALFORD TRAINING LIMITED (REGISTERED NUMBER: 07770337)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALFORD TRAINING LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2021







DIRECTORS: R T Alford
J Earnshaw





REGISTERED OFFICE: 1 Abacus House
Newlands Road
Corsham
Wiltshire
SN13 0BH





REGISTERED NUMBER: 07770337 (England and Wales)





ACCOUNTANTS: Clear Vision Accountancy Limited
1 Abacus House
Newlands Road
Corsham
Wiltshire
SN13 0BH

ALFORD TRAINING LIMITED (REGISTERED NUMBER: 07770337)

BALANCE SHEET
31 December 2021

31/12/21 31/12/20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,359 2,418

CURRENT ASSETS
Debtors 5 242,470 242,623
Cash at bank 85,632 29,584
328,102 272,207
CREDITORS
Amounts falling due within one year 6 67,901 43,077
NET CURRENT ASSETS 260,201 229,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,560

231,548

CREDITORS
Amounts falling due after more than one
year

7

458,588

403,177
NET LIABILITIES (191,028 ) (171,629 )

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings (201,028 ) (181,629 )
SHAREHOLDERS' FUNDS (191,028 ) (171,629 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 24 July 2022 and were signed on its behalf by:





R T Alford - Director


ALFORD TRAINING LIMITED (REGISTERED NUMBER: 07770337)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Alford Training 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.

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.
Plant and machinery etc - 25% on cost and 15% on reducing balance

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.

Going concern
The directors have assessed whether the company is a going concern and have considered all available information about the future and are confident of the company's ability to continue as a going concern.

This basis has been adopted based on the commitments of ongoing support, including funding, from Alford Technologies Limited.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

ALFORD TRAINING LIMITED (REGISTERED NUMBER: 07770337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021 25,166
Additions 7,640
At 31 December 2021 32,806
DEPRECIATION
At 1 January 2021 22,748
Charge for year 2,699
At 31 December 2021 25,447
NET BOOK VALUE
At 31 December 2021 7,359
At 31 December 2020 2,418

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/21 31/12/20
£    £   
Trade debtors - 41,612
Other debtors 242,470 201,011
242,470 242,623

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/21 31/12/20
£    £   
Bank loans and overdrafts 11,027 -
Trade creditors 821 12,394
Other creditors 56,053 30,683
67,901 43,077

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/12/21 31/12/20
£    £   
Bank loans 38,054 50,000
Other creditors 420,534 353,177
458,588 403,177

ALFORD TRAINING LIMITED (REGISTERED NUMBER: 07770337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2021

8. RELATED PARTY DISCLOSURES

During the period loans were made to the following group companies:

2021 2020
£ £
Alford Technologies Limited 446,534 413,706

This balance is included in Creditors.

Management charges were paid during the period to:

2021 2022
£ £
Alford Technologies Limited 151,842 -