IRIS Accounts Production v24.1.9.2 08294322 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082943222022-11-30082943222023-11-30082943222022-12-012023-11-30082943222021-11-30082943222021-12-012022-11-30082943222022-11-3008294322ns15:EnglandWales2022-12-012023-11-3008294322ns14:PoundSterling2022-12-012023-11-3008294322ns10:Director12022-12-012023-11-3008294322ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008294322ns10:SmallEntities2022-12-012023-11-3008294322ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008294322ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008294322ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008294322ns10:FullAccounts2022-12-012023-11-300829432212022-12-012023-11-3008294322ns10:Director22022-12-012023-11-3008294322ns10:Director32022-12-012023-11-3008294322ns10:RegisteredOffice2022-12-012023-11-3008294322ns5:CurrentFinancialInstruments2023-11-3008294322ns5:CurrentFinancialInstruments2022-11-3008294322ns5:Non-currentFinancialInstruments2023-11-3008294322ns5:Non-currentFinancialInstruments2022-11-3008294322ns5:ShareCapital2023-11-3008294322ns5:ShareCapital2022-11-3008294322ns5:CapitalRedemptionReserve2023-11-3008294322ns5:CapitalRedemptionReserve2022-11-3008294322ns5:RetainedEarningsAccumulatedLosses2023-11-3008294322ns5:RetainedEarningsAccumulatedLosses2022-11-3008294322ns5:NetGoodwill2022-12-012023-11-3008294322ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3008294322ns5:ComputerEquipment2022-12-012023-11-3008294322ns5:NetGoodwill2022-11-3008294322ns5:NetGoodwill2023-11-3008294322ns5:NetGoodwill2022-11-3008294322ns5:FurnitureFittings2022-11-3008294322ns5:MotorVehicles2022-11-3008294322ns5:ComputerEquipment2022-11-3008294322ns5:FurnitureFittings2022-12-012023-11-3008294322ns5:MotorVehicles2022-12-012023-11-3008294322ns5:FurnitureFittings2023-11-3008294322ns5:MotorVehicles2023-11-3008294322ns5:ComputerEquipment2023-11-3008294322ns5:FurnitureFittings2022-11-3008294322ns5:MotorVehicles2022-11-3008294322ns5:ComputerEquipment2022-11-3008294322ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3008294322ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 08294322 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ET TRAINING LIMITED

ET TRAINING LIMITED (REGISTERED NUMBER: 08294322)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ET TRAINING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: R Elton
Mrs H L Elton
J D Liggins





REGISTERED OFFICE: 8 Riverside Court
Croft
Leicestershire
LE9 3HG





REGISTERED NUMBER: 08294322 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

ET TRAINING LIMITED (REGISTERED NUMBER: 08294322)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 145,901 86,818
145,901 86,818

CURRENT ASSETS
Debtors 6 171,361 179,442
Cash at bank 485,920 499,778
657,281 679,220
CREDITORS
Amounts falling due within one year 7 191,425 160,887
NET CURRENT ASSETS 465,856 518,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

611,757

605,151

CREDITORS
Amounts falling due after more than one
year

8

(20,961

)

(46,293

)

PROVISIONS FOR LIABILITIES (36,500 ) (21,700 )
NET ASSETS 554,296 537,158

CAPITAL AND RESERVES
Called up share capital 200 200
Capital redemption reserve 30 30
Retained earnings 554,066 536,928
SHAREHOLDERS' FUNDS 554,296 537,158

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

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

ET TRAINING LIMITED (REGISTERED NUMBER: 08294322)

BALANCE SHEET - continued
30 NOVEMBER 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





R Elton - Director


ET TRAINING LIMITED (REGISTERED NUMBER: 08294322)

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

1. STATUTORY INFORMATION

ET Training 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.

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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

ET TRAINING LIMITED (REGISTERED NUMBER: 08294322)

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

3. EMPLOYEES

The average number of employees during the year was 6 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 150,000
AMORTISATION
At 1 December 2022
and 30 November 2023 150,000
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2022 6,840 69,490 25,941 102,271
Additions 698 93,074 7,154 100,926
At 30 November 2023 7,538 162,564 33,095 203,197
DEPRECIATION
At 1 December 2022 159 1,448 13,846 15,453
Charge for year 1,033 35,831 4,979 41,843
At 30 November 2023 1,192 37,279 18,825 57,296
NET BOOK VALUE
At 30 November 2023 6,346 125,285 14,270 145,901
At 30 November 2022 6,681 68,042 12,095 86,818

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,410 49,978
Other debtors 152,951 129,464
171,361 179,442

ET TRAINING LIMITED (REGISTERED NUMBER: 08294322)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,435 8,809
Hire purchase contracts 48,320 19,157
Trade creditors 8,055 27,657
Taxation and social security 103,258 102,078
Other creditors 21,357 3,186
191,425 160,887

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 14,700 25,960
Hire purchase contracts 6,261 20,333
20,961 46,293

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There is a balance due from the directors at the end of the year of £137,270 (2022 - £121,628). Interest of £2,544 (2022 - £2,951) has been charged on the amounts outstanding. There are no set repayment terms.