Company Registration No. 07771979 (England and Wales)
Apprenticeship Solutions Limited
Unaudited accounts
for the year ended 31 August 2023
Apprenticeship Solutions Limited
Unaudited accounts
Contents
Apprenticeship Solutions Limited
Company Information
for the year ended 31 August 2023
Directors
J Sumpter
A Sumpter
H Miller
Company Number
07771979 (England and Wales)
Registered Office
22 Livingstone Road
Southsea
Hampshire
PO5 1RT
Accountants
Lane Accounting Limited
Denmark House
143 High Street
Chalfont St Peter
Buckinghamshire
SL9 9QL
Apprenticeship Solutions Limited
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
117,592
37,400
Creditors: amounts falling due within one year
(132,449)
(72,162)
Net current assets
80,635
20,624
Called up share capital
2
2
Profit and loss account
80,633
20,622
Shareholders' funds
80,635
20,624
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by
H Miller
Director
Company Registration No. 07771979
Apprenticeship Solutions Limited
Notes to the Accounts
for the year ended 31 August 2023
Apprenticeship Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 07771979. The registered office is 22 Livingstone Road, Southsea, Hampshire, PO5 1RT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Amounts falling due after more than one year
Trade debtors
75,492
55,386
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
22,412
5,135
Loans from directors
57,000
1,038
Apprenticeship Solutions Limited
Notes to the Accounts
for the year ended 31 August 2023
At 31 August 2023 the company is owed £20,000 by J & A Sumpter. This is an interest free loan repayable on demand.
At the 31st August 2023 H Miller, director, had lent the company £28,000. This is an interest bearing loan repayable on demand and Mr & Mrs B Miller, shareholders, had lent the company £29,000. This is an interest bearing loan repayable on demand.
7
Transactions with related parties
During the year £8,657 (2022 - £26,900) in consultancy fees was paid to Aspire Learning. J Sumpter is director and shareholder of both companies.
8
Average number of employees
During the year the average number of employees was 50 (2022: 26).