ENTERPRISE TRANSPORT TRAINING LIMITED

Company Registration Number:
09884343 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ENTERPRISE TRANSPORT TRAINING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

ENTERPRISE TRANSPORT TRAINING LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 128,783 202,016
Total fixed assets: 128,783 202,016
Current assets
Debtors: 4 541,123 350,277
Cash at bank and in hand: 19,449 161,417
Total current assets: 560,572 511,694
Creditors: amounts falling due within one year: 5 (654,309) (643,667)
Net current assets (liabilities): (93,737) (131,973)
Total assets less current liabilities: 35,046 70,043
Provision for liabilities: (25,901) (14,758)
Total net assets (liabilities): 9,145 55,285
Capital and reserves
Called up share capital: 2,100 2,100
Profit and loss account: 7,045 53,185
Shareholders funds: 9,145 55,285

The notes form part of these financial statements

ENTERPRISE TRANSPORT TRAINING LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 April 2024
and signed on behalf of the board by:

Name: Mr G Holmes
Status: Director

The notes form part of these financial statements

ENTERPRISE TRANSPORT TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of transport training services provided by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and Machinery 15% straight line Motor Vehicles 25% straight line Furniture and fittings 15% - 25% straight line

Other accounting policies

Deferred Tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Financial instruments The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company when the company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective rate of interest method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Equity instruments Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

ENTERPRISE TRANSPORT TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 19 24

ENTERPRISE TRANSPORT TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 693,077
Additions 33,882
Disposals (50,000)
At 31 December 2023 676,959
Depreciation
At 01 January 2023 491,061
Charge for year 85,115
On disposals (28,000)
At 31 December 2023 548,176
Net book value
At 31 December 2023 128,783
At 31 December 2022 202,016

ENTERPRISE TRANSPORT TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

Trade debtors £124,166 (2022: £167,676) Other debtors £416,957 (2022: £182,601)

ENTERPRISE TRANSPORT TRAINING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Trade creditors £34,889 (2022: £31,921) Taxation and social security £151,512 (2022: £140,764) Other creditors £467,908 (2022: £470,982)