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REGISTERED NUMBER: 08600276 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

ANGLESEY RETAIL TRAINING SOLUTIONS
LIMITED

ANGLESEY RETAIL TRAINING SOLUTIONS
LIMITED (REGISTERED NUMBER: 08600276)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


ANGLESEY RETAIL TRAINING SOLUTIONS
LIMITED (REGISTERED NUMBER: 08600276)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 141,389 85,333

CURRENT ASSETS
Stocks 1,000 2,000
Debtors 5 46,668 43,470
Cash at bank and in hand 35,528 91,097
83,196 136,567
CREDITORS
Amounts falling due within one year 6 72,806 121,681
NET CURRENT ASSETS 10,390 14,886
TOTAL ASSETS LESS CURRENT
LIABILITIES

151,779

100,219

CREDITORS
Amounts falling due after more than one
year

7

(54,703

)

(38,072

)

PROVISIONS FOR LIABILITIES (26,864 ) (16,213 )
NET ASSETS 70,212 45,934

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 70,211 45,933
SHAREHOLDERS' FUNDS 70,212 45,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ANGLESEY RETAIL TRAINING SOLUTIONS
LIMITED (REGISTERED NUMBER: 08600276)

BALANCE SHEET - continued
31 JULY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 January 2024 and were signed on its behalf by:





Mr R Williams - Director


ANGLESEY RETAIL TRAINING SOLUTIONS
LIMITED (REGISTERED NUMBER: 08600276)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Anglesey Retail Training Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08600276

Registered office: 15a London Road
Community Centre
Holyhead
Gwynedd
LL65 2NE

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding valued added tax and bad debts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 30% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


ANGLESEY RETAIL TRAINING SOLUTIONS
LIMITED (REGISTERED NUMBER: 08600276)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 122,492
Additions 111,086
Disposals (24,995 )
At 31 July 2023 208,583
DEPRECIATION
At 1 August 2022 37,159
Charge for year 35,454
Eliminated on disposal (5,419 )
At 31 July 2023 67,194
NET BOOK VALUE
At 31 July 2023 141,389
At 31 July 2022 85,333

ANGLESEY RETAIL TRAINING SOLUTIONS
LIMITED (REGISTERED NUMBER: 08600276)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 40,364 38,651
Amounts recoverable on contract 4,173 2,323
Other debtors 2,131 2,496
46,668 43,470

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,894 5,752
Hire purchase contracts (see note 8) 6,107 -
Trade creditors 684 1,262
Taxation and social security 8,599 12,008
Other creditors 51,522 102,659
72,806 121,681

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 32,321 38,072
Hire purchase contracts (see note 8) 22,382 -
54,703 38,072

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,217 13,573

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 6,107 -
Between one and five years 22,382 -
28,489 -

ANGLESEY RETAIL TRAINING SOLUTIONS
LIMITED (REGISTERED NUMBER: 08600276)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


8. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2023 2022
£    £   
Within one year 2,000 2,000
Between one and five years 2,833 4,833
4,833 6,833