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Company Registration No. 12023928 (England and Wales)
Trainmaster Limited Unaudited accounts for the year ended 31 May 2023
Trainmaster Limited Unaudited accounts Contents
Page
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Trainmaster Limited Company Information for the year ended 31 May 2023
Director
Chloe Louise Cotton
Company Number
12023928 (England and Wales)
Registered Office
200 BERRY WAY ANDOVER SP10 3NJ ENGLAND
Accountants
TBT Accountancy Ltd Hursley Campus Hursley Park Road Hursley Winchester Hampshire SO21 2JN
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Trainmaster Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
198 
- 
Tangible assets
682 
3,666 
880 
3,666 
Current assets
Debtors
1,108 
753 
Cash at bank and in hand
2,830 
6,060 
3,938 
6,813 
Creditors: amounts falling due within one year
(2,840)
(3,404)
Net current assets
1,098 
3,409 
Total assets less current liabilities
1,978 
7,075 
Creditors: amounts falling due after more than one year
(3,833)
(5,833)
Net (liabilities)/assets
(1,855)
1,242 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(1,865)
1,232 
Shareholders' funds
(1,855)
1,242 
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 February 2024 and were signed on its behalf by
Chloe Louise Cotton Director Company Registration No. 12023928
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Trainmaster Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Trainmaster Limited is a private company, limited by shares, registered in England and Wales, registration number 12023928. The registered office is 200 BERRY WAY, ANDOVER, SP10 3NJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line basis over 4 years
Motor vehicles
Straight line basis over 4 years
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates. The company is not VAT registered. Turnover from the sales are recognised when the service has been completed.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Intangible assets are amortized on straight line basis over 10 years
Going concern
The current energy situation in the market has presented some challenges to the business. The director do not expect the effect of this energy crisis to significantly impact future of the entity. Therefore, the going concern assumption is still appropriate.
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Trainmaster Limited Notes to the Accounts for the year ended 31 May 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 June 2022
- 
Additions
220 
At 31 May 2023
220 
Amortisation
At 1 June 2022
- 
Charge for the year
22 
At 31 May 2023
22 
Net book value
At 31 May 2023
198 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
3,449 
10,313 
13,762 
Additions
609 
- 
609 
At 31 May 2023
4,058 
10,313 
14,371 
Depreciation
At 1 June 2022
2,362 
7,734 
10,096 
Charge for the year
1,015 
2,578 
3,593 
At 31 May 2023
3,377 
10,312 
13,689 
Net book value
At 31 May 2023
681 
1 
682 
At 31 May 2022
1,087 
2,579 
3,666 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
351 
- 
Other debtors
757 
753 
1,108 
753 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,000 
2,000 
Taxes and social security
- 
704 
Other creditors
140 
- 
Accruals
700 
700 
2,840 
3,404 
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Trainmaster Limited Notes to the Accounts for the year ended 31 May 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
3,833 
5,833 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Chloe Louise Cotton
Director loan account transactions
(753)
312 
315 
(756)
(753)
312 
315 
(756)
Director loan credit balances are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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