Company No:
Contents
30.09.2023 | 30.04.2022 | |||
£ | £ | |||
Current assets | ||||
Debtors | 3 |
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Cash at bank and in hand |
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9,262 | 7,592 | |||
Creditors: amounts falling due within one year | 4 | (
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Net current assets | 7,329 | 6,237 | ||
Total assets less current liabilities | 7,329 | 6,237 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital | 5 |
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Profit and loss account |
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Total shareholders' funds |
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Directors' responsibilities:
The financial statements of Trainspire Limited (registered number:
F G Marriott
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.
Trainspire Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Rosemount House, Annick Road, Irvine, KA11 4LF, United Kingdom.
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors intend to strike off the company within 12 months of the balance sheet signing date. Therefore, these financial statements have been prepared on a basis other than that of a going concern.
These financial statements cover a 17 month period to 30 September 2023. The previous financial statements cover a 12 month period to 30 April 2022. Therefore the two periods are not entirely comparable.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Period from 01.05.2022 to 30.09.2023 |
Year ended 30.04.2022 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the period, including directors |
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30.09.2023 | 30.04.2022 | ||
£ | £ | ||
Trade debtors |
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Corporation tax |
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30.09.2023 | 30.04.2022 | ||
£ | £ | ||
Taxation and social security |
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Other creditors |
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30.09.2023 | 30.04.2022 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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