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REGISTERED NUMBER: 09139176 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023

FOR

UNIVERSAL TRAINING SERVICES (MIDLANDS)
LTD

UNIVERSAL TRAINING SERVICES (MIDLANDS)
LTD (REGISTERED NUMBER: 09139176)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UNIVERSAL TRAINING SERVICES (MIDLANDS)
LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2023







DIRECTORS: R A Dilley
Mrs S N Dilley





REGISTERED OFFICE: Unit 3 Gretton Brook Road
Corby
Northamptonshire
NN17 4BA





REGISTERED NUMBER: 09139176 (England and Wales)





ACCOUNTANTS: ISIS Business Solutions (Northants) LLP
Venture Court
2 Debdale Road
Wellingborough
Northamptonshire
NN8 5AA

UNIVERSAL TRAINING SERVICES (MIDLANDS)
LTD (REGISTERED NUMBER: 09139176)

BALANCE SHEET
31ST JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 55,324 44,074

CURRENT ASSETS
Debtors 5 92,757 87,132
Cash at bank and in hand 186,155 200,925
278,912 288,057
CREDITORS
Amounts falling due within one year 6 62,406 71,000
NET CURRENT ASSETS 216,506 217,057
TOTAL ASSETS LESS CURRENT LIABILITIES 271,830 261,131

PROVISIONS FOR LIABILITIES 10,512 8,374
NET ASSETS 261,318 252,757

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 261,310 252,749
SHAREHOLDERS' FUNDS 261,318 252,757

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

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

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 23rd April 2024 and were signed on its behalf by:



R A Dilley - Director


UNIVERSAL TRAINING SERVICES (MIDLANDS)
LTD (REGISTERED NUMBER: 09139176)

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

1. STATUTORY INFORMATION

Universal Training Services (Midlands) 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
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.

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 2 (2022 - NIL ) .

UNIVERSAL TRAINING SERVICES (MIDLANDS)
LTD (REGISTERED NUMBER: 09139176)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st August 2022 18,991 58,150 3,370 80,511
Additions 17,650 195 1,539 19,384
At 31st July 2023 36,641 58,345 4,909 99,895
DEPRECIATION
At 1st August 2022 6,683 27,749 2,005 36,437
Charge for year 2,893 4,567 674 8,134
At 31st July 2023 9,576 32,316 2,679 44,571
NET BOOK VALUE
At 31st July 2023 27,065 26,029 2,230 55,324
At 31st July 2022 12,308 30,401 1,365 44,074

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 90,729 85,242
Other debtors 2,028 1,890
92,757 87,132

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 12,587 13,492
Taxation and social security 46,718 54,620
Other creditors 3,101 2,888
62,406 71,000

7. RELATED PARTY DISCLOSURES

Recorded in other creditors falling within one year was a balance owed to the directors totalling £258 (2022: £44).

This loan is interest free and has no repayment terms.