IRIS Accounts Production v23.4.0.336 06337995 director 1.9.22 31.8.23 31.8.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063379952022-08-31063379952023-08-31063379952022-09-012023-08-31063379952021-08-31063379952021-09-012022-08-31063379952022-08-3106337995ns15:EnglandWales2022-09-012023-08-3106337995ns14:PoundSterling2022-09-012023-08-3106337995ns10:Director12022-09-012023-08-3106337995ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3106337995ns10:SmallEntities2022-09-012023-08-3106337995ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3106337995ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3106337995ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3106337995ns10:FullAccounts2022-09-012023-08-310633799512022-09-012023-08-3106337995ns10:RegisteredOffice2022-09-012023-08-3106337995ns5:CurrentFinancialInstruments2023-08-3106337995ns5:CurrentFinancialInstruments2022-08-3106337995ns5:ShareCapital2023-08-3106337995ns5:ShareCapital2022-08-3106337995ns5:RetainedEarningsAccumulatedLosses2023-08-3106337995ns5:RetainedEarningsAccumulatedLosses2022-08-3106337995ns5:NetGoodwill2022-09-012023-08-3106337995ns5:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3106337995ns5:PlantMachinery2022-09-012023-08-3106337995ns5:NetGoodwill2022-08-3106337995ns5:NetGoodwill2023-08-3106337995ns5:NetGoodwill2022-08-3106337995ns5:PlantMachinery2022-08-3106337995ns5:PlantMachinery2023-08-3106337995ns5:PlantMachinery2022-08-31
REGISTERED NUMBER: 06337995 (England and Wales)










Outperform Training & Coaching Limited

Unaudited Financial Statements

for the Year Ended 31 August 2023






Outperform Training & Coaching Limited (Registered number: 06337995)






Contents of the Financial Statements
for the year ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Outperform Training & Coaching Limited

Company Information
for the year ended 31 August 2023







DIRECTOR: Mrs D L Roberts





REGISTERED OFFICE: 12 Ffordd Ffynnon
Prestatyn
Denbghshire
LL19 8BA





REGISTERED NUMBER: 06337995 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

Outperform Training & Coaching Limited (Registered number: 06337995)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 80 176
80 176

CURRENT ASSETS
Cash at bank 4,359 3,584

CREDITORS
Amounts falling due within one year 6 979 5,163
NET CURRENT ASSETS/(LIABILITIES) 3,380 (1,579 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,460

(1,403

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 3,459 (1,404 )
SHAREHOLDERS' FUNDS 3,460 (1,403 )

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

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

The director acknowledges her 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 director and authorised for issue on 18 April 2024 and were signed by:





Mrs D L Roberts - Director


Outperform Training & Coaching Limited (Registered number: 06337995)

Notes to the Financial Statements
for the year ended 31 August 2023

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on cost

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 ) .

Outperform Training & Coaching Limited (Registered number: 06337995)

Notes to the Financial Statements - continued
for the year ended 31 August 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 9,000
AMORTISATION
At 1 September 2022
and 31 August 2023 9,000
NET BOOK VALUE
At 31 August 2023 -
At 31 August 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 384
DEPRECIATION
At 1 September 2022 208
Charge for year 96
At 31 August 2023 304
NET BOOK VALUE
At 31 August 2023 80
At 31 August 2022 176

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 431 -
Other creditors 548 5,163
979 5,163

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs D L Roberts.