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 |
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 |