NILE TRAINING CENTRE LTD

Company Registration Number:
12773015 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

NILE TRAINING CENTRE LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NILE TRAINING CENTRE LTD

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 July 2023

Yikealo Gebremedhin Girmay


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 October 2023

And signed on behalf of the board by:
Name: Yikealo Gebremedhin Girmay
Status: Director

NILE TRAINING CENTRE LTD

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 50,522 31,490
Cost of sales: ( 12,359 ) 0
Gross profit(or loss): 38,163 31,490
Administrative expenses: ( 30,593 ) ( 29,648 )
Operating profit(or loss): 7,570 1,842
Profit(or loss) before tax: 7,570 1,842
Tax: ( 1,994 ) ( 349 )
Profit(or loss) for the financial year: 5,576 1,493

NILE TRAINING CENTRE LTD

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 16,725 0
Total fixed assets: 16,725 0
Current assets
Debtors: 4 3,769 2,419
Cash at bank and in hand: 5,178 1,194
Total current assets: 8,947 3,613
Creditors: amounts falling due within one year: 5 ( 1,994 ) ( 349 )
Net current assets (liabilities): 6,953 3,264
Total assets less current liabilities: 23,678 3,264
Creditors: amounts falling due after more than one year: 6 ( 14,838 ) 0
Total net assets (liabilities): 8,840 3,264
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 8,839 3,263
Total Shareholders' funds: 8,840 3,264

The notes form part of these financial statements

NILE TRAINING CENTRE LTD

Balance sheet statements

For the year ending 31 July 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.

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 October 2023
and signed on behalf of the board by:

Name: Yikealo Gebremedhin Girmay
Status: Director

The notes form part of these financial statements

NILE TRAINING CENTRE LTD

Notes to the Financial Statements

for the Period Ended 31 July 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

    Tangible fixed assets depreciation policy

    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:Plant & machinery 20% St. Line methodMotor vehicles 20% St. Line methodComputer equipment 20% St. Line method

    Other accounting policies

    Accounting policies:The principal accounting policies adopted in the preparation of the financial statements are set out below and have remainedunchanged 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.

NILE TRAINING CENTRE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 0

NILE TRAINING CENTRE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 0 0 0 0
Additions 16,156 2,750 2,000 20,906
Disposals
Revaluations
Transfers
At 31 July 2023 16,156 2,750 2,000 20,906
Depreciation
At 1 August 2022 0 0 0 0
Charge for year 3,231 550 400 4,181
On disposals
Other adjustments
At 31 July 2023 3,231 550 400 4,181
Net book value
At 31 July 2023 12,925 2,200 1,600 16,725
At 31 July 2022 0 0 0 0

NILE TRAINING CENTRE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
£ £
Trade debtors 3,769 2,419
Total 3,769 2,419

NILE TRAINING CENTRE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 1,994 349
Total 1,994 349

NILE TRAINING CENTRE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 14,838 0
Total 14,838 0