5 7 February 2024 false false false false false false false false false true false false false false false false No description of principal activity 2022-06-01 Sage Accounts Production Advanced 2021 - FRS102_2021 17,397 13,158 1,060 14,218 3,179 4,239 xbrli:pure xbrli:shares iso4217:GBP 08131210 2022-06-01 2023-05-31 08131210 2023-05-31 08131210 2022-05-31 08131210 2021-06-01 2022-05-31 08131210 2022-05-31 08131210 core:PlantMachinery 2022-06-01 2023-05-31 08131210 bus:Director1 2022-06-01 2023-05-31 08131210 core:PlantMachinery 2022-05-31 08131210 core:PlantMachinery 2023-05-31 08131210 core:WithinOneYear 2023-05-31 08131210 core:WithinOneYear 2022-05-31 08131210 core:ShareCapital 2023-05-31 08131210 core:ShareCapital 2022-05-31 08131210 core:RetainedEarningsAccumulatedLosses 2023-05-31 08131210 core:RetainedEarningsAccumulatedLosses 2022-05-31 08131210 core:PlantMachinery 2022-05-31 08131210 bus:SmallEntities 2022-06-01 2023-05-31 08131210 bus:Audited 2022-06-01 2023-05-31 08131210 bus:FullAccounts 2022-06-01 2023-05-31 08131210 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 08131210 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
COMPANY REGISTRATION NUMBER: 08131210
BBE TRAINING LIMITED
FILLETED FINANCIAL STATEMENTS
31 May 2023
BBE TRAINING LIMITED
STATEMENT OF FINANCIAL POSITION
31 May 2023
2023
2022
Note
£
£
£
£
FIXED ASSETS
Tangible assets
5
3,179
4,239
CURRENT ASSETS
Debtors
6
58,189
50,403
Cash at bank and in hand
6,766
19,923
--------
--------
64,955
70,326
CREDITORS: amounts falling due within one year
7
364,942
343,489
---------
---------
NET CURRENT LIABILITIES
299,987
273,163
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 296,808)
( 268,924)
---------
---------
NET LIABILITIES
( 296,808)
( 268,924)
---------
---------
CAPITAL AND RESERVES
Called up share capital fully paid
3
3
Profit and loss account
( 296,811)
( 268,927)
---------
---------
SHAREHOLDERS DEFICIT
( 296,808)
( 268,924)
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 7 February 2024 , and are signed on behalf of the board by:
Mr W Taylor
Director
Company registration number: 08131210
BBE TRAINING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Citrus Group House, Diamond Way, Nene Park, Irthlingborough, Northamptonshire, NN9 5QF.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. Going concern The directors have given due regard to the financial position of the company at the year end, at the date of signing and for a period of twelve months following this. The ongoing effects of the coronavirus pandemic have formed a part of this consideration. Based on the financial position of the company the directors are satisfied that the company has sufficient resources and flexibility to be able to meet its liabilities as they fall due. Financial support is also available between group companies if required. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Revenue recognition The turnover shown in the profit and loss account represents amounts receivable during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Computer Equipment - 25% straight line
Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 5 (2022: 5 ).
5. TANGIBLE ASSETS
Computer Equipment
£
Cost
At 1 June 2022 and 31 May 2023
17,397
--------
Depreciation
At 1 June 2022
13,158
Charge for the year
1,060
--------
At 31 May 2023
14,218
--------
Carrying amount
At 31 May 2023
3,179
--------
At 31 May 2022
4,239
--------
6. DEBTORS
2023
2022
£
£
Trade debtors
48,141
40,407
Other debtors
10,048
9,996
--------
--------
58,189
50,403
--------
--------
7. CREDITORS: amounts falling due within one year
2023
2022
£
£
Trade creditors
6,275
5,309
Amounts owed to group undertakings and undertakings in which the company has a participating interest
296,175
261,763
Social security and other taxes
14,854
7,407
Other creditors
47,638
69,010
---------
---------
364,942
343,489
---------
---------
8. SUMMARY AUDIT OPINION
The auditor's report for the year dated 7 February 2024 was unqualified .
The senior statutory auditor was David Kelland FCA , for and on behalf of Meadows & Co Limited .
9. RELATED PARTY TRANSACTIONS
During the year the company undertook transactions with the following related parties: At 31 May 2023 the parent company was owed £296,175 (2022 - £261,763).
10. PARENT UNDERTAKING
The parent company of the smallest group that prepares consolidated accounts which include the results and position of BBE Training Limited is Shorcontrol Safety Limited (Incorporated in the Republic of Ireland). The registered address of this company is: Naas Industrial Estate, Naas, Co Kildare, Ireland.
11. GOING CONCERN
The directors have considered the period to March 2025 when assessing the company's ability to continue as a going concern. It is believed that the company will be able to satisfy its liabilities as these become payable.