2022-03-01 07067446 2023-02-28 07067446 2022-03-01 2023-02-28 07067446 2022-02-28 07067446 2021-03-01 2022-02-28 07067446 uk-core:WithinOneYear 2022-02-28 07067446 uk-core:WithinOneYear 2023-02-28 07067446 uk-core:AfterOneYear 2022-02-28 07067446 uk-core:AfterOneYear 2023-02-28 07067446 uk-core:ShareCapital 2023-02-28 07067446 uk-core:ShareCapital 2022-02-28 07067446 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 07067446 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 07067446 uk-bus:Director1 2022-03-01 2023-02-28 07067446 uk-core:ToolsEquipment 2022-03-01 2023-02-28 07067446 uk-core:FurnitureFittings 2022-03-01 2023-02-28 07067446 uk-core:ToolsEquipment 2022-02-28 07067446 uk-core:FurnitureFittings 2022-02-28 07067446 uk-core:CommercialMotorVehicles 2022-02-28 07067446 uk-core:PlantMachinery 2022-02-28 07067446 uk-core:CommercialMotorVehicles 2022-03-01 2023-02-28 07067446 uk-core:PlantMachinery 2022-03-01 2023-02-28 07067446 uk-core:CommercialMotorVehicles 2023-02-28 07067446 uk-core:FurnitureFittings 2023-02-28 07067446 uk-core:ToolsEquipment 2023-02-28 07067446 uk-core:PlantMachinery 2023-02-28 07067446 uk-core:WithinOneYear 2023-02-28 07067446 uk-core:WithinOneYear 2022-02-28 07067446 uk-core:AfterOneYear uk-core:Secured 2023-02-28 07067446 uk-core:AfterOneYear uk-core:Secured 2022-02-28 iso4217:GBP xbrli:pure 07067446 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 07067446 uk-bus:FRS102 2022-03-01 2023-02-28 07067446 uk-bus:FullAccounts 2022-03-01 2023-02-28 07067446 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
Training, Learning and Progress Ltd
Registered Number:07067446
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
Training, Learning and Progress Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07067446
As at 28 February 2023
Training, Learning and Progress Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
9,388
11,667
2
9,388
11,667
Current assets
Trade and other receivables
24,806
32,767
3
29,877
Cash and cash equivalents
10,228
42,995
54,683
Trade and other payables: amounts falling due within one year
(34,939)
(30,867)
4
19,744
12,128
Net current assets
Total assets less current liabilities
21,516
31,411
Trade and other payables: amounts falling due after more than
one year
(25,500)
(45,716)
5
(24,200)
Net assets/liabilities
5,911
Capital and reserves
Called up share capital
100
100
Retained earnings
(24,300)
5,811
(24,200)
5,911
Shareholders' funds
For the year ended 28 February 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 28 February 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.
T L Phillips Director
These financial statements were approved and authorised for issue by the Board on 10 July 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2023
Training, Learning and Progress Ltd
Notes to the Financial Statements
Statutory Information
Training, Learning and Progress Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07067446.
Registered address:
Flat 1, 28 Weld Road
Birkdale
Lancashire
PR8 2DL
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, 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:
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or valuation
At 01 March 2022
19,687
7,287
2,900
6,000
3,500
849
849
-
-
-
Additions
At 28 February 2023
6,000
2,900
8,136
20,536
3,500
Provision for depreciation and impairment
At 01 March 2022
8,020
3,719
1,269
1,500
1,532
Charge for year
3,128
1,103
408
1,125
492
At 28 February 2023
11,148
4,822
1,677
2,625
2,024
At 28 February 2023
Net book value
1,476
3,375
1,223
3,314
9,388
At 28 February 2022
1,968
4,500
1,631
3,568
11,667
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5
For the year ended 28 February 2023
Training, Learning and Progress Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
27,216
24,806
Other debtors
5,551
-
24,806
32,767
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
20,500
-
Trade creditors
176
-
Taxation and social security
10,191
14,896
Other creditors
-
20,043
30,867
34,939
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
45,716
25,500
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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