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REGISTERED NUMBER: 02754039 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DLT TRAINING LIMITED

DLT TRAINING LIMITED (REGISTERED NUMBER: 02754039)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DLT TRAINING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: B Peregrine
A David





REGISTERED OFFICE: The Training Centre
Unit 17, Queens Road South
Bridgend Industrial Estate
Bridgend
CF31 3UT





REGISTERED NUMBER: 02754039 (England and Wales)





ACCOUNTANTS: Baker Knoyle Chartered Accountants
Orbit Business Centre
Merthyr Tydfil
CF48 1DL

DLT TRAINING LIMITED (REGISTERED NUMBER: 02754039)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 140,635 186,388

CURRENT ASSETS
Debtors 5 117,306 95,404
Cash at bank and in hand 467,255 535,474
584,561 630,878
CREDITORS
Amounts falling due within one year 6 123,422 148,675
NET CURRENT ASSETS 461,139 482,203
TOTAL ASSETS LESS CURRENT
LIABILITIES

601,774

668,591

PROVISIONS FOR LIABILITIES 29,561 31,485
NET ASSETS 572,213 637,106

CAPITAL AND RESERVES
Called up share capital 22,762 22,762
Share premium 9,000 9,000
Capital redemption reserve 12,338 12,338
Retained earnings 528,113 593,006
SHAREHOLDERS' FUNDS 572,213 637,106

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.

DLT TRAINING LIMITED (REGISTERED NUMBER: 02754039)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by:




A David - Director



B Peregrine - Director


DLT TRAINING LIMITED (REGISTERED NUMBER: 02754039)

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

1. STATUTORY INFORMATION

Dlt Training Limited 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the term of the lease
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

The directors reviewed the depreciation policy during this year and altered the rates to better reflect the consumption of assets over their useful lives.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DLT TRAINING LIMITED (REGISTERED NUMBER: 02754039)

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

2. ACCOUNTING POLICIES - continued

Grants
Grants in respect of capital expenditure are deferred and subsequently amortised to the profit and loss account at the same rate as the asset to which they relate. Grants in respect of revenue expenditure are credited directly to the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 18 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 25,999 120,555 254,927 46,915 448,396
Additions - - 29,044 - 29,044
Disposals - - (36,950 ) - (36,950 )
At 31 December 2023 25,999 120,555 247,021 46,915 440,490
DEPRECIATION
At 1 January 2023 25,999 93,274 105,750 36,985 262,008
Charge for year - 6,820 37,854 3,311 47,985
Eliminated on disposal - - (10,138 ) - (10,138 )
At 31 December 2023 25,999 100,094 133,466 40,296 299,855
NET BOOK VALUE
At 31 December 2023 - 20,461 113,555 6,619 140,635
At 31 December 2022 - 27,281 149,177 9,930 186,388

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 107,036 85,756
Amounts owed by group undertakings 1,330 1,330
Other debtors 8,940 8,318
117,306 95,404

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,964 9,515
Taxation and social security 80,389 107,944
Other creditors 36,069 31,216
123,422 148,675

DLT TRAINING LIMITED (REGISTERED NUMBER: 02754039)

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

7. RELATED PARTY DISCLOSURES

DLT Training Ltd is a subsidiary of DLT Training Holdings Ltd and was owed £1,330 (2022 £1,330) at year end. During the year DLT Training Ltd paid dividends to DLT Training Holdings Ltd of £102,000 (2022 £103,000)