Company Registration No. 05918541 (England and Wales)
Plt Training Ltd
Unaudited accounts
for the year ended 31 August 2023
Plt Training Ltd
Unaudited accounts
Contents
Plt Training Ltd
Company Information
for the year ended 31 August 2023
Directors
Niccolas Bennett
Katherine Lang
Company Number
05918541 (England and Wales)
Registered Office
Unit 30
Fallings Park Industrial Estate
Park Lane
Wolverhampton
WV10 9QB
United Kingdom
Accountants
Contrast Accounting Limited T/A Accrue Accounting
Unit E4 Arena Business Centre
Holyrood Close
Poole
BH17 7FP
Plt Training Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
214,743
238,637
Cash at bank and in hand
388,682
241,075
Creditors: amounts falling due within one year
(119,242)
(121,376)
Net current assets
436,584
285,793
Total assets less current liabilities
651,327
524,430
Creditors: amounts falling due after more than one year
(15,970)
(27,435)
Net assets
635,357
496,995
Called up share capital
2
2
Profit and loss account
635,355
496,993
Shareholders' funds
635,357
496,995
For the year ending 31 August 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 17 April 2024 and were signed on its behalf by
Niccolas Bennett
Director
Company Registration No. 05918541
Plt Training Ltd
Notes to the Accounts
for the year ended 31 August 2023
Plt Training Ltd is a private company, limited by shares, registered in England and Wales, registration number 05918541. The registered office is Unit 30, Fallings Park Industrial Estate, Park Lane, Wolverhampton, WV10 9QB, United Kingdom.
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.
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.
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:
Land & buildings
2% Straight Line
Plant & machinery
10% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Plt Training Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2022
157,430
9,750
100,085
65,922
333,187
Additions
-
4,500
-
5,495
9,995
At 31 August 2023
157,430
14,250
100,085
71,417
343,182
At 1 September 2022
7,500
975
30,833
55,242
94,550
Charge for the year
3,149
1,425
25,021
4,294
33,889
At 31 August 2023
10,649
2,400
55,854
59,536
128,439
At 31 August 2023
146,781
11,850
44,231
11,881
214,743
At 31 August 2022
149,930
8,775
69,252
10,680
238,637
Amounts falling due within one year
Trade debtors
147,617
159,724
Accrued income and prepayments
13,157
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,527
10,968
Trade creditors
5,406
6,532
Taxes and social security
52,264
33,581
Loans from directors
-
24,719
7
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
Plt Training Ltd
Notes to the Accounts
for the year ended 31 August 2023
9
Average number of employees
During the year the average number of employees was 22 (2022: 25).