Registered number
08892371
SAB Training Ltd
Report and Accounts
28 February 2023
SAB Training Ltd
Report to the directors on the preparation of the unaudited statutory accounts of SAB Training Ltd for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SAB Training Ltd for the year ended 28 February 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
20 November 2023
SAB Training Ltd
Registered number: 08892371
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 412 579
Current assets
Debtors 4 63,703 46,744
Cash at bank and in hand 157,482 129,424
221,185 176,168
Creditors: amounts falling due within one year 5 (45,865) (45,465)
Net current assets 175,320 130,703
Net assets 175,732 131,282
Capital and reserves
Called up share capital 1 1
Profit and loss account 175,731 131,281
Shareholder's funds 175,732 131,282
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S A M Bolton
Director
Approved by the board on 20 November 2023
SAB Training Ltd
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Office equipment 33% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2022 4,969
At 28 February 2023 4,969
Depreciation
At 1 March 2022 4,390
Charge for the year 167
At 28 February 2023 4,557
Net book value
At 28 February 2023 412
At 28 February 2022 579
4 Debtors 2023 2022
£ £
Trade debtors 63,702 46,743
Other debtors 1 1
63,703 46,744
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,658 6,607
Corporation tax 27,751 22,715
Other taxes and social security costs 15,736 12,423
Other creditors 720 3,720
45,865 45,465
6 Other information
SAB Training Ltd is a private company limited by shares and incorporated in England. Its registered office is:
41 Belper Lane
Belper
Derbyshire
DE56 2UQ
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