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REGISTERED NUMBER: 10476385 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

GRASS ROOTS TRAINING AGENCY LTD

GRASS ROOTS TRAINING AGENCY LTD (REGISTERED NUMBER: 10476385)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

GRASS ROOTS TRAINING AGENCY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: P D Clarke
Mrs L A Clarke





REGISTERED OFFICE: 8 Spellow Close
Rugby
CV23 0GT





REGISTERED NUMBER: 10476385 (England and Wales)





ACCOUNTANTS: Crowfoot & Co Accountants Ltd
Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD

GRASS ROOTS TRAINING AGENCY LTD (REGISTERED NUMBER: 10476385)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,597 1,538
Investments 5 20,952 20,952
22,549 22,490

CURRENT ASSETS
Debtors 6 48,861 42,919
Cash at bank 170,811 102,534
219,672 145,453
CREDITORS
Amounts falling due within one year 7 63,931 51,388
NET CURRENT ASSETS 155,741 94,065
TOTAL ASSETS LESS CURRENT
LIABILITIES

178,290

116,555

PROVISIONS FOR LIABILITIES 303 292
NET ASSETS 177,987 116,263

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 177,977 116,253
SHAREHOLDERS' FUNDS 177,987 116,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

GRASS ROOTS TRAINING AGENCY LTD (REGISTERED NUMBER: 10476385)

BALANCE SHEET - continued
30 SEPTEMBER 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 3 February 2024 and were signed on its behalf by:




P D Clarke - Director



Mrs L A Clarke - Director


GRASS ROOTS TRAINING AGENCY LTD (REGISTERED NUMBER: 10476385)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Grass Roots Training Agency 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 as modified by the revaluation of certain assets.

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.
Equipment - 15% on reducing balance
Computer equipment - 33% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

GRASS ROOTS TRAINING AGENCY LTD (REGISTERED NUMBER: 10476385)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Computer
Equipment equipment Totals
£    £    £   
COST
At 1 October 2022 2,502 1,092 3,594
Additions - 463 463
At 30 September 2023 2,502 1,555 4,057
DEPRECIATION
At 1 October 2022 1,532 524 2,056
Charge for year 146 258 404
At 30 September 2023 1,678 782 2,460
NET BOOK VALUE
At 30 September 2023 824 773 1,597
At 30 September 2022 970 568 1,538

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 October 2022
and 30 September 2023 20,952
NET BOOK VALUE
At 30 September 2023 20,952
At 30 September 2022 20,952

Cost or valuation at 30 September 2023 is represented by:

Other
investments
£   
Valuation in 2021 20,952

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,211 2,269
Other debtors 40,650 40,650
48,861 42,919

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 51,075 38,844
Other creditors 12,856 12,544
63,931 51,388

GRASS ROOTS TRAINING AGENCY LTD (REGISTERED NUMBER: 10476385)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 30 September 2023 an amount of £1,491 (2022 £1,179) was due to the directors, which is included within creditors on the balance sheet.

9. RELATED PARTY DISCLOSURES

An amount of £40,650 (£40,650 2022) is owed by Grass Roots Property Agency Ltd, a company owned and operated by the directors/shareholders of Grass Roots Training Agency Ltd, and is included in other debtors.

10. ULTIMATE CONTROLLING PARTY

The controlling party is P D and L A Clarke.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GRASS ROOTS TRAINING AGENCY LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Grass Roots Training Agency Ltd for the year ended 30 September 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Grass Roots Training Agency Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Grass Roots Training Agency Ltd and state those matters that we have agreed to state to the Board of Directors of Grass Roots Training Agency Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Grass Roots Training Agency Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Grass Roots Training Agency Ltd. You consider that Grass Roots Training Agency Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Grass Roots Training Agency Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Crowfoot & Co Accountants Ltd
Lonsdale House
High Street
Lutterworth
Leicestershire
LE17 4AD


3 February 2024