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Company Registration No. 04527876 (England and Wales)
Inline Track Training Limited Unaudited accounts for the year ended 31 March 2023
Inline Track Training Limited Unaudited accounts Contents
Page
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Inline Track Training Limited Company Information for the year ended 31 March 2023
Director
David Thomson
Company Number
04527876 (England and Wales)
Registered Office
Inline Track Training Ltd Ashmill Business Park Ashford Road, Lenham Maidstone Kent ME17 2GQ England
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Inline Track Training Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
709,334 
707,464 
Investments
250,000 
250,000 
959,334 
957,464 
Current assets
Debtors
656,099 
559,805 
Cash at bank and in hand
350,819 
81,203 
1,006,918 
641,008 
Creditors: amounts falling due within one year
(13,801)
(27,800)
Net current assets
993,117 
613,208 
Total assets less current liabilities
1,952,451 
1,570,672 
Creditors: amounts falling due after more than one year
(3)
(3)
Provisions for liabilities
Deferred tax
(29,583)
(29,583)
Net assets
1,922,865 
1,541,086 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,922,765 
1,540,986 
Shareholders' funds
1,922,865 
1,541,086 
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 April 2023 and were signed on its behalf by
David Thomson Director Company Registration No. 04527876
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Inline Track Training Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Inline Track Training Limited is a private company, limited by shares, registered in England and Wales, registration number 04527876. The registered office is Inline Track Training Ltd, Ashmill Business Park, Ashford Road, Lenham, Maidstone, Kent, ME17 2GQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20
Plant & machinery
10
Motor vehicles
5
Fixtures & fittings
10
Computer equipment
5
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
542,915 
138,793 
234,953 
40,114 
956,775 
Additions
- 
42,203 
11,667 
- 
53,870 
At 31 March 2023
542,915 
180,996 
246,620 
40,114 
1,010,645 
Depreciation
At 1 April 2022
- 
69,228 
140,781 
39,302 
249,311 
Charge for the year
- 
20,000 
30,000 
2,000 
52,000 
At 31 March 2023
- 
89,228 
170,781 
41,302 
301,311 
Net book value
At 31 March 2023
542,915 
91,768 
75,839 
(1,188)
709,334 
At 31 March 2022
542,915 
69,565 
94,172 
812 
707,464 
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Inline Track Training Limited Notes to the Accounts for the year ended 31 March 2023
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2022
250,000 
Valuation at 31 March 2023
250,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
34,224 
138,516 
Amounts due from group undertakings etc.
621,875 
8,599 
Accrued income and prepayments
- 
12,690 
Other debtors
- 
400,000 
656,099 
559,805 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,076 
14,933 
Obligations under finance leases and hire purchase contracts
(6,000)
10,170 
Taxes and social security
11,725 
16,317 
Accruals
- 
(13,620)
13,801 
27,800 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Non-equity preference shares
3 
3 
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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