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REGISTERED NUMBER: 03562978 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

UK TRAINING & DEVELOPMENT LIMITED

UK TRAINING & DEVELOPMENT LIMITED (REGISTERED NUMBER: 03562978)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UK TRAINING & DEVELOPMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: Ms T Wisniewski





REGISTERED OFFICE: 7 St John's Road
Harrow
Middlesex
HA1 2EY





REGISTERED NUMBER: 03562978 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

UK TRAINING & DEVELOPMENT LIMITED (REGISTERED NUMBER: 03562978)

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,056 3,771
Investment property 5 330,000 -
332,056 3,771

CURRENT ASSETS
Debtors 6 604,095 589,466
Cash at bank 280,406 702,483
884,501 1,291,949
CREDITORS
Amounts falling due within one year 7 32,588 85,850
NET CURRENT ASSETS 851,913 1,206,099
TOTAL ASSETS LESS CURRENT LIABILITIES 1,183,969 1,209,870

CREDITORS
Amounts falling due after more than one year 8 18,333 27,238
NET ASSETS 1,165,636 1,182,632

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,165,536 1,182,532
SHAREHOLDERS' FUNDS 1,165,636 1,182,632

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 30 July 2024 and were signed by:





Ms T Wisniewski - Director


UK TRAINING & DEVELOPMENT LIMITED (REGISTERED NUMBER: 03562978)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

UK Training & Development Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Fixtures and fittings - 25% reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Government grants and relief scheme
Grants relating to revenue are recognised as income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grant which becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs is recognised in income in the period in which it becomes receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 33 ) .

UK TRAINING & DEVELOPMENT LIMITED (REGISTERED NUMBER: 03562978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022 4,644 67,324 71,968
Additions - 398 398
At 31 July 2023 4,644 67,722 72,366
DEPRECIATION
At 1 August 2022 4,145 64,052 68,197
Charge for year 125 1,988 2,113
At 31 July 2023 4,270 66,040 70,310
NET BOOK VALUE
At 31 July 2023 374 1,682 2,056
At 31 July 2022 499 3,272 3,771

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 330,000
At 31 July 2023 330,000
NET BOOK VALUE
At 31 July 2023 330,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 47,305 64,177
Accrued income 46,889 -
Other debtors 509,901 525,289
604,095 589,466

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 11,319 27,003
Amounts owed to group undertakings - 133
Taxation and social security 6,847 1,540
Other creditors 4,422 47,174
32,588 85,850

UK TRAINING & DEVELOPMENT LIMITED (REGISTERED NUMBER: 03562978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 18,333 27,238

9. RELATED PARTY DISCLOSURES

Included within creditors as at year end is £158 (2022: £1,360), an amount owed to the director of the company. The amount owed is unsecured and there are no specific terms to the repayment of this amount.

During the year under review, dividends of £22,500 were paid to Ms T Wisniewski (2022: £36,000).

Included within other debtors as at year end is £471,420 (2022: £479,820). an amount owed from Bancrofts of London Limited, a company is related by virtue of having a common director. The amount owed is unsecured and there are no specific terms to the repayment of this amount.