2022-04-01 04208557 2023-03-31 04208557 2022-04-01 2023-03-31 04208557 2022-03-31 04208557 2021-04-01 2022-03-31 04208557 uk-core:WithinOneYear 2022-03-31 04208557 uk-core:WithinOneYear 2023-03-31 04208557 uk-core:AfterOneYear 2022-03-31 04208557 uk-core:AfterOneYear 2023-03-31 04208557 uk-core:ShareCapital 2023-03-31 04208557 uk-core:ShareCapital 2022-03-31 04208557 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 04208557 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 04208557 uk-bus:Director1 2022-04-01 2023-03-31 04208557 uk-core:PlantMachinery 2022-04-01 2023-03-31 04208557 uk-core:ComputerEquipment 2022-04-01 2023-03-31 04208557 uk-core:CommercialMotorVehicles 2022-04-01 2023-03-31 04208557 uk-core:ComputerEquipment 2022-03-31 04208557 uk-core:CommercialMotorVehicles 2022-03-31 04208557 uk-core:PlantMachinery 2022-03-31 04208557 uk-core:PlantMachinery 2023-03-31 04208557 uk-core:CommercialMotorVehicles 2023-03-31 04208557 uk-core:ComputerEquipment 2023-03-31 iso4217:GBP xbrli:pure 04208557 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04208557 uk-bus:FRS102 2022-04-01 2023-03-31 04208557 uk-bus:FullAccounts 2022-04-01 2023-03-31 04208557 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Euro Training Services Limited
Registered Number:04208557
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Euro Training Services Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04208557
As at 31 March 2023
Euro Training Services Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
18,318
22,093
2
18,318
22,093
Current assets
Trade and other receivables
61,121
70,096
3
125,371
Cash and cash equivalents
120,676
190,772
186,492
Trade and other payables: amounts falling due within one year
(60,754)
(70,404)
4
125,738
120,368
Net current assets
Total assets less current liabilities
138,686
147,831
Trade and other payables: amounts falling due after more than
one year
(4,759)
-
5
138,686
Net assets
143,072
Capital and reserves
Called up share capital
101
101
Retained earnings
138,585
142,971
138,686
143,072
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr S D'Alton Director
These financial statements were approved and authorised for issue by the Board on 04 September 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
Euro Training Services Limited
Notes to the Financial Statements
Statutory Information
Euro Training Services Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
04208557.
Registered address:
Summerville Petfield Close
Minster-On-Sea
Sheerness
Kent
ME12 2NU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Reducing balance
25% Reducing balance
Computer Equipment
20% Reducing balance
Motor Vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 March 2023
Euro Training Services Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or valuation
At 01 April 2022
35,380
927
30,845
3,608
848
848
-
-
Additions
At 31 March 2023
3,608
30,845
1,775
36,228
Provision for depreciation and impairment
At 01 April 2022
13,287
231
11,104
1,952
Charge for year
4,623
173
3,948
502
At 31 March 2023
17,910
404
15,052
2,454
At 31 March 2023
Net book value
1,154
15,793
1,371
18,318
At 31 March 2022
1,656
19,741
696
22,093
3. Trade and other receivables
2022
2023
£
£
Trade debtors
53,520
52,722
Other debtors
16,576
8,399
61,121
70,096
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
52,918
45,529
Accruals and deferred income
5,560
6,717
Directors' loan accounts
443
2,163
Obligations under HP/Financial leases
4,758
6,345
Other creditors
6,725
-
70,404
60,754
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
-
4,759
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6
For the year ended 31 March 2023
Euro Training Services Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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