FG TRAINING LIMITED

Company Registration Number:
04870671 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

FG TRAINING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

FG TRAINING LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Frances Green
Graham Green
Secretary: David Perlman
Registered office: 14
Deer Park Way
Waltham Abbey
Essex
EN9 3YL
Company Registration Number: 04870671 (England and Wales)

FG TRAINING LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 61,377 59,437
Administrative Expenses ( 61,374 ) ( 59,372 )
Operating Profit or (Loss) 3 65
Interest Payable and Similar Charges - ( 46 )
Profit or (Loss) Before Tax 3 19
Profit or (Loss) for Period 3 19

The notes form part of these financial statements

FG TRAINING LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 870 810
Total fixed assets: 870 810
Current assets
Debtors: 6,907 11,083
Cash at bank and in hand: 1,907 1,025
Total current assets: 8,814 12,108
Creditors: amounts falling due within one year: ( 9,647 ) ( 12,884 )
Net current assets (liabilities): ( 833 ) ( 776 )
Total assets less current liabilities: 37 34
Total net assets (liabilities): 37 34

The notes form part of these financial statements

FG TRAINING LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 63 ) ( 66 )
Shareholders funds: 37 34

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 17 May 2023
And Signed On Behalf Of The Board By:

Name: Frances Green
Status: Director

The notes form part of these financial statements

FG TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the total invoice value excluding value added tax of sales made during the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:-
    Computer Equipment - 33.3% Straight line basis
    Office Equipment - 20% Reducing balance basis
    Furniture & Fittings - 20% Reducing balance basis

FG TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

FG TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

FG TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 8,515
Additions 277
Disposals -
Revaluations -
Transfers -
At 31 March 2023 8,792
Depreciation
At 01 April 2022 7,705
Charge for year 217
On disposals -
Other adjustments -
At 31 March 2023 7,922
Net book value
At 31 March 2023 870
At 31 March 2022 810