Humber Resource Training Limited 09295734 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is Provision of training services Digita Accounts Production Advanced 6.30.9574.0 true false true 09295734 2023-02-01 2024-01-31 09295734 2024-01-31 09295734 bus:OrdinaryShareClass1 2024-01-31 09295734 core:RetainedEarningsAccumulatedLosses 2024-01-31 09295734 core:ShareCapital 2024-01-31 09295734 core:CurrentFinancialInstruments 2024-01-31 09295734 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 09295734 core:FurnitureFittingsToolsEquipment 2024-01-31 09295734 bus:SmallEntities 2023-02-01 2024-01-31 09295734 bus:Audited 2023-02-01 2024-01-31 09295734 bus:FullAccounts 2023-02-01 2024-01-31 09295734 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09295734 bus:RegisteredOffice 2023-02-01 2024-01-31 09295734 bus:Director2 2023-02-01 2024-01-31 09295734 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 09295734 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09295734 core:FurnitureFittings 2023-02-01 2024-01-31 09295734 core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 09295734 1 2023-02-01 2024-01-31 09295734 countries:England 2023-02-01 2024-01-31 09295734 2023-01-31 09295734 core:FurnitureFittingsToolsEquipment 2023-01-31 09295734 2022-02-01 2023-01-31 09295734 2023-01-31 09295734 bus:OrdinaryShareClass1 2023-01-31 09295734 core:RetainedEarningsAccumulatedLosses 2023-01-31 09295734 core:ShareCapital 2023-01-31 09295734 core:CurrentFinancialInstruments 2023-01-31 09295734 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 09295734 core:FurnitureFittingsToolsEquipment 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09295734

Humber Resource Training Limited

Filleted Financial Statements

for the Year Ended 31 January 2024

 

Humber Resource Training Limited

(Registration number: 09295734)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

3

78

Current assets

 

Debtors

6

538

13,325

Cash at bank and in hand

 

695

4,384

 

1,233

17,709

Creditors: Amounts falling due within one year

7

(1,969)

(185,773)

Net current liabilities

 

(736)

(168,064)

Net liabilities

 

(733)

(167,986)

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

(833)

(168,086)

Shareholders' deficit

 

(733)

(167,986)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 October 2024 and signed on its behalf by:
 


Mr P Wilson
Director

   
 

Humber Resource Training Limited

Notes to the Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Allied Protek Building
Armstrong Street
Grimsby
North East Lincolnshire
DN31 1XD

The company's registration number is 09295734.

The company ceased trading in the year and will become dormant.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis which assumes the continued financial support of the parent company.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 29 October 2024 was John Heeney BA FCA, who signed for and on behalf of RNS Chartered Accountants.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when: the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

 

Humber Resource Training Limited

Notes to the Financial Statements for the Year Ended 31 January 2024

Tax

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

20% per annum on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured less a provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

 

Humber Resource Training Limited

Notes to the Financial Statements for the Year Ended 31 January 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company during the year was 1 (2023 - 1).

4

Other gains and losses

During the year a loan due to the parent company, Allied Protek Engineering Solutions Limited, has been written off resulting in a gain of £174,267.

5

Tangible assets

Fixtures and fittings
 £

Total
£

Cost or valuation

At 1 February 2023

6,151

6,151

At 31 January 2024

6,151

6,151

Depreciation

At 1 February 2023

6,073

6,073

Charge for the year

75

75

At 31 January 2024

6,148

6,148

Carrying amount

At 31 January 2024

3

3

At 31 January 2023

78

78

6

Debtors

2024
£

2023
£

Trade debtors

-

3,744

Amounts owed by related parties

387

6,445

Prepayments

100

3,136

Social security and other taxes

51

-

 

538

13,325

 

Humber Resource Training Limited

Notes to the Financial Statements for the Year Ended 31 January 2024

7

Creditors

2024
£

2023
£

Due within one year

Trade creditors

33

4,528

Amounts due to related parties

-

176,797

Social security and other taxes

-

1,108

Other creditors

1,936

3,340

1,969

185,773

8

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

         

9

Parent and ultimate parent undertaking

The company's immediate parent is Allied Protek Engineering Solutions Limited, incorporated in England.


 The parent of the largest group in which these financial statements are consolidated is Allied Protek Engineering Solutions Limited, incorporated in England.

The address of Allied Protek Engineering Solutions Limited is:
Allied Protek Building
Armstrong Street
Grimsby
North East Lincolnshire
DN31 1XD