Company Registration No. SC224189 (Scotland)
CHARLES BLOE TRAINING LIMITED
Unaudited accounts
for the year ended 30 September 2023
CHARLES BLOE TRAINING LIMITED
Unaudited accounts
Contents
CHARLES BLOE TRAINING LIMITED
Company Information
for the year ended 30 September 2023
Directors
Mrs Amanda Jane Day-Calder
Mrs Sarah Catherine Day-Calder
Company Number
SC224189 (Scotland)
Registered Office
6 PRINCES STREET
INNERLEITHEN
EH44 6JT
SCOTLAND
CHARLES BLOE TRAINING LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
2,960
4,885
Cash at bank and in hand
131,474
137,312
Creditors: amounts falling due within one year
(155,794)
(191,187)
Net current assets
103,300
75,540
Total assets less current liabilities
106,260
80,425
Creditors: amounts falling due after more than one year
(14,667)
(12,667)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
90,851
66,828
Shareholders' funds
90,853
66,830
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by
Mrs Amanda Jane Day-Calder
Director
Company Registration No. SC224189
CHARLES BLOE TRAINING LIMITED
Notes to the Accounts
for the year ended 30 September 2023
CHARLES BLOE TRAINING LIMITED is a private company, limited by shares, registered in Scotland, registration number SC224189. The registered office is 6 PRINCES STREET, INNERLEITHEN, EH44 6JT, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Reducing balance at 25%
Computer equipment
Straight line at 33%
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
CHARLES BLOE TRAINING LIMITED
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
6,549
5,806
12,355
Revaluations
-
(1,167)
(1,167)
Disposals
(2,077)
-
(2,077)
At 30 September 2023
4,472
6,276
10,748
At 1 October 2022
4,263
3,207
7,470
Charge for the year
314
1,934
2,248
On disposals
(1,050)
(880)
(1,930)
At 30 September 2023
3,527
4,261
7,788
At 30 September 2023
945
2,015
2,960
At 30 September 2022
2,286
2,599
4,885
Work in progress
41,322
17,301
Amounts falling due within one year
Trade debtors
86,286
112,114
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
4,000
Trade creditors
42,723
35,393
Taxes and social security
20,392
18,250
Other creditors
24,668
45,362
Loans from directors
5,659
2,922
CHARLES BLOE TRAINING LIMITED
Notes to the Accounts
for the year ended 30 September 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Transactions with related parties
Included within other creditors is an inter-company loan of £34,963.93 (2021: £301) owed from a related company, Day-Calder Ltd, which also shares the same directors.
The above loan is repayable on demand.
Day-Calder Ltd controls the company virtue of a controlling interest of 100% of the company's issued ordinary share capital.
Mrs A Day-Calder therefore is the ultimate controlling party by virtue of a controlling interest of the issued ordinary share capital in Day-Calder Ltd.
12
Average number of employees
During the year the average number of employees was 10 (2022: 8).