Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-03-05truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity1 13957925 2022-03-04 13957925 2022-03-05 2023-03-31 13957925 2021-03-05 2022-03-04 13957925 2023-03-31 13957925 c:Director1 2022-03-05 2023-03-31 13957925 d:FurnitureFittings 2022-03-05 2023-03-31 13957925 d:FurnitureFittings 2023-03-31 13957925 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-03-05 2023-03-31 13957925 d:ComputerEquipment 2022-03-05 2023-03-31 13957925 d:ComputerEquipment 2023-03-31 13957925 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-03-05 2023-03-31 13957925 d:OwnedOrFreeholdAssets 2022-03-05 2023-03-31 13957925 d:CurrentFinancialInstruments 2023-03-31 13957925 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13957925 d:ShareCapital 2023-03-31 13957925 d:RetainedEarningsAccumulatedLosses 2023-03-31 13957925 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 13957925 c:FRS102 2022-03-05 2023-03-31 13957925 c:AuditExempt-NoAccountantsReport 2022-03-05 2023-03-31 13957925 c:FullAccounts 2022-03-05 2023-03-31 13957925 c:PrivateLimitedCompanyLtd 2022-03-05 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 13957925










DOCTRINA TRAINING COMPANY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
DOCTRINA TRAINING COMPANY LIMITED
REGISTERED NUMBER: 13957925

BALANCE SHEET
AS AT 31 MARCH 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
4,023

  
4,023

Current assets
  

Debtors: amounts falling due within one year
 5 
3,000

Cash at bank and in hand
 6 
21,883

  
24,883

Creditors: amounts falling due within one year
 7 
(22,335)

Net current assets
  
 
 
2,548

Total assets less current liabilities
  
6,571

Provisions for liabilities
  

Deferred tax
 8 
(764)

  
 
 
(764)

Net assets
  
5,807


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
5,707

  
5,807


Page 1

 
DOCTRINA TRAINING COMPANY LIMITED
REGISTERED NUMBER: 13957925

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 October 2023.




B Byrne
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
DOCTRINA TRAINING COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 3

 
DOCTRINA TRAINING COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.Accounting policies (continued)

 
1.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Reducing Balance
Computer equipment
-
3 year straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Page 4

 
DOCTRINA TRAINING COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.Accounting policies (continued)

 
1.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
1.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

Doctrina Training Company Limited is a private limited company incorporated in England and Wales on 5th March 2022. 
The Registered Office is Kingsridge House, 
601 London Road, 
Westcliff on Sea, 
Essex SS0 9PE.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.

Page 5

 
DOCTRINA TRAINING COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


Additions
342
4,429
4,771



At 31 March 2023

342
4,429
4,771



Depreciation


Charge for the period on owned assets
42
706
748



At 31 March 2023

42
706
748



Net book value



At 31 March 2023
300
3,723
4,023


5.


Debtors

2023
£


Trade debtors
3,000

3,000



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
21,883

21,883


Page 6

 
DOCTRINA TRAINING COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
1,200

Corporation tax
5,690

Other creditors
15,445

22,335



8.


Deferred taxation



2023


£






Charged to profit or loss
(764)



At end of year
(764)

The deferred taxation balance is made up as follows:

2023
£


Accelerated capital allowances
(764)

(764)


9.


Related party transactions

During the period, dividends of £21,000 were paid to the director.


Page 7