Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-312022-02-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11133715 2022-02-01 2023-01-31 11133715 2021-02-01 2022-01-31 11133715 2023-01-31 11133715 2022-01-31 11133715 c:Director1 2022-02-01 2023-01-31 11133715 c:RegisteredOffice 2022-02-01 2023-01-31 11133715 d:PlantMachinery 2022-02-01 2023-01-31 11133715 d:PlantMachinery 2023-01-31 11133715 d:PlantMachinery 2022-01-31 11133715 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 11133715 d:FurnitureFittings 2022-02-01 2023-01-31 11133715 d:FurnitureFittings 2023-01-31 11133715 d:FurnitureFittings 2022-01-31 11133715 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 11133715 d:ComputerEquipment 2022-02-01 2023-01-31 11133715 d:ComputerEquipment 2023-01-31 11133715 d:ComputerEquipment 2022-01-31 11133715 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 11133715 d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 11133715 d:CurrentFinancialInstruments 2023-01-31 11133715 d:CurrentFinancialInstruments 2022-01-31 11133715 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11133715 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11133715 d:ShareCapital 2023-01-31 11133715 d:ShareCapital 2022-01-31 11133715 d:RetainedEarningsAccumulatedLosses 2023-01-31 11133715 d:RetainedEarningsAccumulatedLosses 2022-01-31 11133715 c:FRS102 2022-02-01 2023-01-31 11133715 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11133715 c:FullAccounts 2022-02-01 2023-01-31 11133715 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure
Company registration number: 11133715







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2023


GONNA FLY PROFESSIONAL TRAINING LIMITED






































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GONNA FLY PROFESSIONAL TRAINING LIMITED
 


 
COMPANY INFORMATION


Director
V Bhatti 




Registered number
11133715



Registered office
20 Hurricane Gate

Bracknell

Berkshire

RG12 9SR




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


GONNA FLY PROFESSIONAL TRAINING LIMITED
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 5


 


GONNA FLY PROFESSIONAL TRAINING LIMITED
REGISTERED NUMBER:11133715



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,330
3,121

  
2,330
3,121

Current assets
  

Debtors: amounts falling due within one year
 5 
6,284
9,030

Cash at bank and in hand
  
1,367
2,613

  
7,651
11,643

Creditors: amounts falling due within one year
 6 
(9,822)
(14,373)

Net current liabilities
  
 
 
(2,171)
 
 
(2,730)

Total assets less current liabilities
  
159
391

  

Net assets
  
159
391


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
59
291

  
159
391


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 year 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 profit and loss account 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 by: 

V Bhatti
Director

Date: 26 November 2023

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 


GONNA FLY PROFESSIONAL TRAINING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Gonna Fly Professional Training Ltd 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

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:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.4

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

 
2.5

Taxation

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 reporting date in the countries where the company operates and generates income.

Page 2

 


GONNA FLY PROFESSIONAL TRAINING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.6

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:

Plant and machinery
-
20%
straight line
Fixtures and fittings
-
25%
reducing balance
Computer equipment
-
25%
reducing balance

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.

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 3

 


GONNA FLY PROFESSIONAL TRAINING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2022
2,688
1,005
2,053
5,746



At 31 January 2023

2,688
1,005
2,053
5,746



Depreciation


At 1 February 2022
583
687
1,355
2,625


Charge for the year on owned assets
537
79
175
791



At 31 January 2023

1,120
766
1,530
3,416



Net book value



At 31 January 2023
1,568
239
523
2,330



At 31 January 2022
2,105
318
698
3,121


5.


Debtors

2023
2022
£
£


Other debtors
6,284
9,030

6,284
9,030



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,656
1,500

Corporation tax
3,058
7,455

Other taxation and social security
965
3,097

Other creditors
2,493
671

Accruals and deferred income
1,650
1,650

9,822
14,373


Page 4

 


GONNA FLY PROFESSIONAL TRAINING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

7.


Transactions with directors

At the balance sheet date 31 January 2023, the director owed the company £5,593 (2022: £9,030). This amount is interest-free and repayable on demand.

 
Page 5