IRIS Accounts Production v24.1.0.578 10533581 Board of Directors Board of Directors 1.1.23 30.6.24 30.6.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105335812022-12-31105335812024-06-30105335812023-01-012024-06-30105335812021-12-31105335812022-01-012022-12-31105335812022-12-3110533581ns15:EnglandWales2023-01-012024-06-3010533581ns14:PoundSterling2023-01-012024-06-3010533581ns10:Director12023-01-012024-06-3010533581ns10:Director22023-01-012024-06-3010533581ns10:PrivateLimitedCompanyLtd2023-01-012024-06-3010533581ns10:SmallEntities2023-01-012024-06-3010533581ns10:AuditExempt-NoAccountantsReport2023-01-012024-06-3010533581ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012024-06-3010533581ns10:SmallCompaniesRegimeForAccounts2023-01-012024-06-3010533581ns10:FullAccounts2023-01-012024-06-3010533581ns10:OrdinaryShareClass12023-01-012024-06-3010533581ns10:RegisteredOffice2023-01-012024-06-3010533581ns5:CurrentFinancialInstruments2022-12-3110533581ns5:CurrentFinancialInstruments2024-06-3010533581ns5:Non-currentFinancialInstruments2022-12-3110533581ns5:Non-currentFinancialInstruments2024-06-3010533581ns5:ShareCapital2022-12-3110533581ns5:ShareCapital2024-06-3010533581ns5:RetainedEarningsAccumulatedLosses2022-12-3110533581ns5:RetainedEarningsAccumulatedLosses2024-06-3010533581ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-01-012024-06-3010533581ns5:PlantMachinery2023-01-012024-06-3010533581ns5:FurnitureFittings2023-01-012024-06-3010533581ns5:ComputerEquipment2023-01-012024-06-3010533581ns5:LandBuildings2022-12-3110533581ns5:PlantMachinery2022-12-3110533581ns5:LandBuildings2023-01-012024-06-3010533581ns5:LandBuildings2024-06-3010533581ns5:PlantMachinery2024-06-3010533581ns5:LandBuildings2022-12-3110533581ns5:PlantMachinery2022-12-3110533581ns5:FurnitureFittings2022-12-3110533581ns5:MotorVehicles2022-12-3110533581ns5:ComputerEquipment2022-12-3110533581ns5:MotorVehicles2023-01-012024-06-3010533581ns5:FurnitureFittings2024-06-3010533581ns5:MotorVehicles2024-06-3010533581ns5:ComputerEquipment2024-06-3010533581ns5:FurnitureFittings2022-12-3110533581ns5:MotorVehicles2022-12-3110533581ns5:ComputerEquipment2022-12-3110533581ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-012024-06-3010533581ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-06-3010533581ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3010533581ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110533581ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3010533581ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-12-3110533581ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-06-3010533581ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-12-3110533581ns5:Secured2024-06-3010533581ns5:Secured2022-12-3110533581ns5:DeferredTaxation2022-12-3110533581ns5:DeferredTaxation2023-01-012024-06-3010533581ns5:DeferredTaxation2024-06-3010533581ns10:OrdinaryShareClass12024-06-30
REGISTERED NUMBER: 10533581 (England and Wales)














FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

FOR

SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED

SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED (REGISTERED NUMBER: 10533581)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024







DIRECTORS: Mr J S Grocott
Mr P O'Sullivan





REGISTERED OFFICE: Unit 3 Airfield Runway Business Park
Moor Farm Road
Airfield Industrial Estate
Ashbourne
Derbyshire
DE6 1HD





REGISTERED NUMBER: 10533581 (England and Wales)





ACCOUNTANTS: Wynniatt-Husey Limited (Uttoxeter Branch)
The Old Bakehouse
Dove Walk
Uttoxeter
Staffordshire
ST14 8EH

SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED (REGISTERED NUMBER: 10533581)

BALANCE SHEET
30 JUNE 2024

31.12.22 30.6.24
£    Notes £   
FIXED ASSETS
378,719 Tangible assets 4 487,862

CURRENT ASSETS
5,014 Debtors 5 16,152
148,611 Cash at bank 44,312
153,625 60,464
CREDITORS
(137,906 ) Amounts falling due within one year 6 (212,653 )
15,719 NET CURRENT (LIABILITIES)/ASSETS (152,189 )
394,438 TOTAL ASSETS LESS CURRENT
LIABILITIES

335,673

CREDITORS
(147,614 ) Amounts falling due after more than one
year

7

(142,360

)

(8,528 ) PROVISIONS FOR LIABILITIES 9 (33,887 )
238,296 NET ASSETS 159,426

CAPITAL AND RESERVES
4 Called up share capital 10 4
238,292 Retained earnings 159,422
238,296 SHAREHOLDERS' FUNDS 159,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 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.

SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED (REGISTERED NUMBER: 10533581)

BALANCE SHEET - continued
30 JUNE 2024


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 Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:




Mr J S Grocott - Director



Mr P O'Sullivan - Director


SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED (REGISTERED NUMBER: 10533581)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

Smart Gas Training & Assessment Centre 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - Nil
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 10% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the period 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.

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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED (REGISTERED NUMBER: 10533581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and
Totals property machinery
£    £    £   
COST
At 1 January 2023 406,257 333,834 14,390
Additions 150,223 - -
At 30 June 2024 556,480 333,834 14,390
DEPRECIATION
At 1 January 2023 27,538 - 7,872
Charge for period 41,080 - 2,241
At 30 June 2024 68,618 - 10,113
NET BOOK VALUE
At 30 June 2024 487,862 333,834 4,277
At 31 December 2022 378,719 333,834 6,518

Fixtures
and Motor Computer
fittings vehicles equipment
£    £    £   
COST
At 1 January 2023 39,340 - 18,693
Additions 4,001 137,439 8,783
At 30 June 2024 43,341 137,439 27,476
DEPRECIATION
At 1 January 2023 11,490 - 8,176
Charge for period 4,577 27,878 6,384
At 30 June 2024 16,067 27,878 14,560
NET BOOK VALUE
At 30 June 2024 27,274 109,561 12,916
At 31 December 2022 27,850 - 10,517

SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED (REGISTERED NUMBER: 10533581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 121,444
At 30 June 2024 121,444
DEPRECIATION
Charge for period 26,212
At 30 June 2024 26,212
NET BOOK VALUE
At 30 June 2024 95,232

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.12.22
£    £   
Trade debtors 14,759 4,348
Other debtors 1,393 -
Prepayments - 666
16,152 5,014

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.12.22
£    £   
Bank loans and overdrafts 24,270 22,338
Hire purchase contracts 28,289 -
Trade creditors 7,771 3,994
Tax 131,424 80,019
Social security and other taxes 6,660 8,893
Pension Control 1,394 816
VAT 1,103 2,763
Directors' current accounts 11,742 19,083
212,653 137,906

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 31.12.22
£    £   
Bank loans - 1-5 years 97,081 89,353
Bank loans more 5 yr by instal 33,541 58,261
Hire purchase contracts 11,738 -
142,360 147,614

SMART GAS TRAINING & ASSESSMENT CENTRE
LIMITED (REGISTERED NUMBER: 10533581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.6.24 31.12.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 33,541 58,261

8. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 31.12.22
£    £   
Bank loans 154,892 169,952

The bank loan is secured by a mortgage over the freehold property

9. PROVISIONS FOR LIABILITIES
30.6.24 31.12.22
£    £   
Deferred tax 33,887 8,528

Deferred
tax
£   
Balance at 1 January 2023 8,528
Provided during period 25,359
Balance at 30 June 2024 33,887

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 31.12.22
value: £    £   
2 Ordinary 1 4 4