IRIS Accounts Production v23.1.0.753 09351205 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093512052022-12-31093512052023-12-31093512052023-01-012023-12-31093512052021-12-31093512052022-01-012022-12-31093512052022-12-3109351205ns15:EnglandWales2023-01-012023-12-3109351205ns14:PoundSterling2023-01-012023-12-3109351205ns10:Director12023-01-012023-12-3109351205ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109351205ns10:SmallEntities2023-01-012023-12-3109351205ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3109351205ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109351205ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109351205ns10:FullAccounts2023-01-012023-12-3109351205ns10:Director22023-01-012023-12-3109351205ns10:RegisteredOffice2023-01-012023-12-3109351205ns5:CurrentFinancialInstruments2023-12-3109351205ns5:CurrentFinancialInstruments2022-12-3109351205ns5:ShareCapital2023-12-3109351205ns5:ShareCapital2022-12-3109351205ns5:RetainedEarningsAccumulatedLosses2023-12-3109351205ns5:RetainedEarningsAccumulatedLosses2022-12-3109351205ns5:ComputerEquipment2023-01-012023-12-3109351205ns5:ComputerEquipment2022-12-3109351205ns5:ComputerEquipment2023-12-3109351205ns5:ComputerEquipment2022-12-31093512051ns10:Director12022-12-31093512051ns10:Director12021-12-31093512051ns10:Director12023-01-012023-12-31093512051ns10:Director12022-01-012022-12-31093512051ns10:Director12023-12-31093512051ns10:Director12022-12-31
REGISTERED NUMBER: 09351205 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

BG Training & Development Ltd

BG Training & Development Ltd (Registered number: 09351205)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BG Training & Development Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: B Gamson
Mrs R Gamson





REGISTERED OFFICE: 36 Ranulf Road
Acton
Sudbury
Suffolk
CO10 0WB





REGISTERED NUMBER: 09351205 (England and Wales)





ACCOUNTANTS: Aviait Services Ltd
45 Henley Road
Norwich
Norfolk
NR2 3NL

BG Training & Development Ltd (Registered number: 09351205)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 147 197

CURRENT ASSETS
Debtors 5 265 -
Cash at bank 11,858 18,773
12,123 18,773
CREDITORS
Amounts falling due within one year 6 1,819 5,441
NET CURRENT ASSETS 10,304 13,332
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,451

13,529

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,351 13,429
SHAREHOLDERS' FUNDS 10,451 13,529

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by:





B Gamson - Director


BG Training & Development Ltd (Registered number: 09351205)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

BG Training & Development Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

BG Training & Development Ltd (Registered number: 09351205)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023
and 31 December 2023 546
DEPRECIATION
At 1 January 2023 349
Charge for year 50
At 31 December 2023 399
NET BOOK VALUE
At 31 December 2023 147
At 31 December 2022 197

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 265 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax - 1,055
Directors' current accounts 1,564 4,130
Accrued expenses 255 256
1,819 5,441

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
B Gamson
Balance outstanding at start of year (4,130 ) (790 )
Amounts advanced 2,566 -
Amounts repaid - (3,340 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,564 ) (4,130 )