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REGISTERED NUMBER: 08205251 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2022 to 30 November 2022

for

TRS Training Limited

TRS Training Limited (Registered number: 08205251)






Contents of the Financial Statements
for the Period 1 April 2022 to 30 November 2022




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 5


TRS Training Limited

Company Information
for the Period 1 April 2022 to 30 November 2022







DIRECTOR: K Birch





REGISTERED OFFICE: Unit 4 Micklehead Business Village
St Michaels Road
Sutton Manor
St. Helens
Merseyside
WA9 4YU





REGISTERED NUMBER: 08205251 (England and Wales)





ACCOUNTANTS: Myersons
Chartered Accountants
32 Derby Street
Ormskirk
Lancashire
L39 2BY

TRS Training Limited (Registered number: 08205251)

Income Statement
for the Period 1 April 2022 to 30 November 2022

Period
1.4.22
to Year Ended
30.11.22 31.3.22
Notes £    £   

TURNOVER 1,572,105 1,320,697

Cost of sales 1,100,199 705,886
GROSS PROFIT 471,906 614,811

Administrative expenses 477,023 615,284
(5,117 ) (473 )

Other operating income - 72,363
OPERATING (LOSS)/PROFIT 4 (5,117 ) 71,890

Interest receivable and similar income 1 -
(5,116 ) 71,890

Interest payable and similar expenses 5,151 787
(LOSS)/PROFIT BEFORE TAXATION (10,267 ) 71,103

Tax on (loss)/profit (8,430 ) 8,430
(LOSS)/PROFIT FOR THE FINANCIAL
PERIOD

(1,837

)

62,673

TRS Training Limited (Registered number: 08205251)

Balance Sheet
30 November 2022

30.11.22 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 29,447 31,427
Tangible assets 6 179,113 74,697
208,560 106,124

CURRENT ASSETS
Debtors 7 307,399 301,841
Cash at bank 55,929 85,947
363,328 387,788
CREDITORS
Amounts falling due within one year 8 288,011 182,487
NET CURRENT ASSETS 75,317 205,301
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,877

311,425

CREDITORS
Amounts falling due after more than one year 9 (129,631 ) (146,912 )

PROVISIONS FOR LIABILITIES - (8,430 )
NET ASSETS 154,246 156,083

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 154,146 155,983
SHAREHOLDERS' FUNDS 154,246 156,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TRS Training Limited (Registered number: 08205251)

Balance Sheet - continued
30 November 2022


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

The financial statements were approved by the director and authorised for issue on 7 November 2023 and were signed by:





K Birch - Director


TRS Training Limited (Registered number: 08205251)

Notes to the Financial Statements
for the Period 1 April 2022 to 30 November 2022

1. STATUTORY INFORMATION

TRS 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

TRS Training Limited (Registered number: 08205251)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 November 2022

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 37 (2022 - 24 ) .

4. OPERATING (LOSS)/PROFIT

The operating loss (2022 - operating profit) is stated after charging:

Period
1.4.22
to Year Ended
30.11.22 31.3.22
£    £   
Depreciation - owned assets 33,706 13,705
Goodwill amortisation 1,980 2,970

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 30 November 2022 59,390
AMORTISATION
At 1 April 2022 27,963
Charge for period 1,980
At 30 November 2022 29,943
NET BOOK VALUE
At 30 November 2022 29,447
At 31 March 2022 31,427

TRS Training Limited (Registered number: 08205251)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 November 2022

6. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 27,586 37,941 56,324 33,206 155,057
Additions - 11,331 112,800 13,991 138,122
At 30 November 2022 27,586 49,272 169,124 47,197 293,179
DEPRECIATION
At 1 April 2022 26,906 28,540 3,709 21,205 80,360
Charge for period 91 2,997 22,550 8,068 33,706
At 30 November 2022 26,997 31,537 26,259 29,273 114,066
NET BOOK VALUE
At 30 November 2022 589 17,735 142,865 17,924 179,113
At 31 March 2022 680 9,401 52,615 12,001 74,697

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 31.3.22
£    £   
Trade debtors 269,470 244,375
Other debtors 37,929 57,466
307,399 301,841

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 31.3.22
£    £   
Bank loans and overdrafts 5,000 1,250
Hire purchase contracts 45,688 12,362
Trade creditors 167,050 86,083
Taxation and social security 39,559 34,027
Other creditors 30,714 48,765
288,011 182,487

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.22 31.3.22
£    £   
Bank loans 43,333 48,750
Hire purchase contracts 84,704 46,163
Other creditors 1,594 51,999
129,631 146,912

TRS Training Limited (Registered number: 08205251)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 November 2022

10. SECURED DEBTS

The following secured debts are included within creditors:

30.11.22 31.3.22
£    £   
Hire purchase contracts 130,392 58,525

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 November 2022 and the year ended 31 March 2022:

30.11.22 31.3.22
£    £   
K Birch
Balance outstanding at start of period 4,217 4,217
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 4,217 4,217

12. RELATED PARTY DISCLOSURES

Included in long term liabilities is a loan from an associated company of £1,594. This loan is interest free and is not repayable within the next 12 months.

The controlling party is K Birch.