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Company Registration No. 12777926 (England and Wales)
Read Training Ltd Unaudited accounts for the year ended 31 July 2024
Read Training Ltd Unaudited accounts Contents
Page
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Read Training Ltd Company Information for the year ended 31 July 2024
Directors
Howard Malcolm Read Deborah Claire Read
Company Number
12777926 (England and Wales)
Registered Office
20 PORTERS LANE EASTON ON THE HILL STAMFORD PE9 3NF ENGLAND
Accountants
Kingsbrook Accounting and Tax Services Limited 2 Kingsbrook Corby Northants NN189HY
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Read Training Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,762 
1,002 
Current assets
Debtors
3,000 
3,000 
Cash at bank and in hand
28 
27,585 
3,028 
30,585 
Creditors: amounts falling due within one year
(10,234)
(22,240)
Net current (liabilities)/assets
(7,206)
8,345 
Total assets less current liabilities
43,556 
9,347 
Provisions for liabilities
Deferred tax
(9,645)
- 
Net assets
33,911 
9,347 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
33,909 
9,345 
Shareholders' funds
33,911 
9,347 
For the year ending 31 July 2024 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 8 August 2024 and were signed on its behalf by
Howard Malcolm Read Director Company Registration No. 12777926
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Read Training Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Read Training Ltd is a private company, limited by shares, registered in England and Wales, registration number 12777926. The registered office is 20 PORTERS LANE, EASTON ON THE HILL, STAMFORD, PE9 3NF, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
- 
1,781 
1,781 
Additions
66,495 
187 
66,682 
At 31 July 2024
66,495 
1,968 
68,463 
Depreciation
At 1 August 2023
- 
779 
779 
Charge for the year
16,624 
298 
16,922 
At 31 July 2024
16,624 
1,077 
17,701 
Net book value
At 31 July 2024
49,871 
891 
50,762 
At 31 July 2023
- 
1,002 
1,002 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,000 
3,000 
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Read Training Ltd Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,326 
3,705 
Taxes and social security
3,978 
17,412 
Loans from directors
1,850 
223 
Accruals
1,080 
900 
10,234 
22,240 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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