Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-310falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1No description of principal activity2022-07-19falsetrue 14243534 2022-07-18 14243534 2022-07-19 2023-07-31 14243534 2021-08-01 2022-07-18 14243534 2023-07-31 14243534 c:Director1 2022-07-19 2023-07-31 14243534 d:OfficeEquipment 2022-07-19 2023-07-31 14243534 d:OfficeEquipment 2023-07-31 14243534 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-19 2023-07-31 14243534 d:CurrentFinancialInstruments 2023-07-31 14243534 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14243534 d:ShareCapital 2023-07-31 14243534 d:RetainedEarningsAccumulatedLosses 2023-07-31 14243534 c:OrdinaryShareClass1 2022-07-19 2023-07-31 14243534 c:OrdinaryShareClass1 2023-07-31 14243534 c:FRS102 2022-07-19 2023-07-31 14243534 c:AuditExempt-NoAccountantsReport 2022-07-19 2023-07-31 14243534 c:FullAccounts 2022-07-19 2023-07-31 14243534 c:PrivateLimitedCompanyLtd 2022-07-19 2023-07-31 14243534 e:PoundSterling 2022-07-19 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14243534










SK TRAINING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JULY 2023

 
SK TRAINING LIMITED
REGISTERED NUMBER: 14243534

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
Note
£

Fixed assets
  

Tangible assets
  
884

  
884

Current assets
  

Debtors: amounts falling due within one year
 5 
4,340

Cash at bank and in hand
 6 
22,282

  
26,622

Creditors: amounts falling due within one year
 7 
(11,146)

Net current assets
  
 
 
15,476

Total assets less current liabilities
  
16,360

  

Net assets
  
16,360


Capital and reserves
  

Called up share capital 
 8 
1

Profit and loss account
  
16,359

  
16,360


Page 1

 
SK TRAINING LIMITED
REGISTERED NUMBER: 14243534
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






S W Kiernan
Director

Date: 6 April 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SK TRAINING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

1.


General information

SK Training Limited whose register number is 14243534, is a private company limited by shares. It registered in England & Wales. Its registered address is: 96 Cranleigh Road, Feltham, England, TW13 4QB. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
SK TRAINING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the period was 1.

Page 4

 
SK TRAINING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
1,128



At 31 July 2023

1,128



Depreciation


Charge for the period on owned assets
244



At 31 July 2023

244



Net book value



At 31 July 2023
884


5.


Debtors

2023
£


Trade debtors
3,750

Other debtors
590

4,340



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
22,282

22,282


Page 5

 
SK TRAINING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

7.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
9,197

Other creditors
449

Accruals and deferred income
1,500

11,146



8.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


Upon incorporation, SK Training Limited allotted and issued 1 ordinary £1 share at par.

 
Page 6