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REGISTERED NUMBER: 13926097 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

Mrf Training Solutions Ltd

Mrf Training Solutions Ltd (Registered number: 13926097)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Mrf Training Solutions Ltd

Company Information
for the Year Ended 28 February 2024







DIRECTOR: M R Fitzgerald





REGISTERED OFFICE: C/o A & B Accountancy Limited
Suite 1, 5th Floor, 31 - 32 Park Row
Leeds
LS1 5JD





REGISTERED NUMBER: 13926097 (England and Wales)





ACCOUNTANTS: Search Accountancy Limited
The Junction
Charles Street
Horbury
Wakefield
West Yorkshire
WF4 5FH

Mrf Training Solutions Ltd (Registered number: 13926097)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,614 1,886

CURRENT ASSETS
Debtors 5 9,408 23,680
Cash at bank 23,418 19,841
32,826 43,521
CREDITORS
Amounts falling due within one year 6 33,860 8,610
NET CURRENT (LIABILITIES)/ASSETS (1,034 ) 34,911
TOTAL ASSETS LESS CURRENT
LIABILITIES

580

36,797

PROVISIONS FOR LIABILITIES 7 307 358
NET ASSETS 273 36,439

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 173 36,339
273 36,439

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 September 2024 and were signed by:



M R Fitzgerald - Director


Mrf Training Solutions Ltd (Registered number: 13926097)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Mrf Training Solutions Ltd 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.

Turnover
Revenue 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.
Computer equipment - straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

Mrf Training Solutions Ltd (Registered number: 13926097)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2023 2,425
Additions 623
At 28 February 2024 3,048
DEPRECIATION
At 1 March 2023 539
Charge for year 895
At 28 February 2024 1,434
NET BOOK VALUE
At 28 February 2024 1,614
At 28 February 2023 1,886

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 6,912 -
Amounts owed by associates 1,500 -
Other debtors 996 23,680
9,408 23,680

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade creditors 847 507
Taxation and social security 15,013 8,103
Other creditors 18,000 -
33,860 8,610

7. PROVISIONS FOR LIABILITIES
28.2.24 28.2.23
£    £   
Deferred tax 307 358

Deferred
tax
£   
Balance at 1 March 2023 358
Credit to Statement of Income and Retained Earnings during year (51 )
Balance at 28 February 2024 307

Mrf Training Solutions Ltd (Registered number: 13926097)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2024 and the period ended 28 February 2023:

28.2.24 28.2.23
£    £   
M R Fitzgerald
Balance outstanding at start of year 21,280 -
Amounts advanced 996 21,280
Amounts repaid (21,280 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 996 21,280

9. RELATED PARTY DISCLOSURES

As at the balance sheet date 28 February 2024, a dividend was declared to the related party MARK R FITZGERALD LTD, for the amount of £61,674.34.

Also, amounts due from the Related Party MARK R FITZGERALD LTD as at the balance sheet date was £1,500.00 (2023 - £0.00).