TRAIN4LGV LIMITED

Company Registration Number:
08227804 (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

TRAIN4LGV LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

TRAIN4LGV LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 575 225
Total fixed assets: 575 225
Current assets
Debtors: 4 16,821 120
Cash at bank and in hand: 93,657 179,951
Total current assets: 110,478 180,071
Creditors: amounts falling due within one year: 5 (60,777) (78,576)
Net current assets (liabilities): 49,701 101,495
Total assets less current liabilities: 50,276 101,720
Provision for liabilities: (144) (56)
Total net assets (liabilities): 50,132 101,664
Capital and reserves
Called up share capital: 120 120
Profit and loss account: 50,012 101,544
Shareholders funds: 50,132 101,664

The notes form part of these financial statements

TRAIN4LGV 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 26 September 2024
and signed on behalf of the board by:

Name: F Nolan
Status: Director

The notes form part of these financial statements

TRAIN4LGV 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

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: Computer equipment - 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.

TRAIN4LGV LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

TRAIN4LGV LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 300
Additions 567
At 31 December 2023 867
Depreciation
At 01 January 2023 75
Charge for year 217
At 31 December 2023 292
Net book value
At 31 December 2023 575
At 31 December 2022 225

TRAIN4LGV LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

Debtors comprise of: Other debtors - £16,821 (2022 - £120)

TRAIN4LGV LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Taxation and social security - £53,303 (2022 - £64,495) Other creditors - £7,474 (2022 - £14,081)

TRAIN4LGV LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Loans to directors

Included within other debtors is an amount due from the director of £16,701 (2022 - £nil). This loan has been repaid within 9 months of the year end.