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REGISTERED NUMBER: 02986680 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Solutions Training & Advisory Limited

Solutions Training & Advisory Limited (Registered number: 02986680)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Solutions Training & Advisory Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: P J Meek





REGISTERED OFFICE: Unit 3, Investment House
28 Queens Road
Weybridge
Surrey
KT13 9UT





REGISTERED NUMBER: 02986680 (England and Wales)





ACCOUNTANTS: Southworth & Co
Unit 3, Investment House
28 Queens Road
Weybridge
Surrey
KT13 9UT

Solutions Training & Advisory Limited (Registered number: 02986680)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5 96

CURRENT ASSETS
Stocks 5,049 -
Debtors 5 59,144 27,701
Cash in hand (544 ) 13,894
63,649 41,595
CREDITORS
Amounts falling due within one year 6 51,932 21,304
NET CURRENT ASSETS 11,717 20,291
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,722

20,387

CREDITORS
Amounts falling due after more than one
year

7

10,000

-
NET ASSETS 1,722 20,387

CAPITAL AND RESERVES
Called up share capital 401 401
Share premium 34,792 34,792
Retained earnings (33,471 ) (14,806 )
SHAREHOLDERS' FUNDS 1,722 20,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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.

Solutions Training & Advisory Limited (Registered number: 02986680)

Balance Sheet - continued
29 February 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 director and authorised for issue on 11 November 2024 and were signed by:





P J Meek - Director


Solutions Training & Advisory Limited (Registered number: 02986680)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Solutions Training & Advisory 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.

The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006. The company has taken advantage of the exemption in Financial Reporting Standard no. 1 from producing a cash flow statement on the grounds that it is a small company.

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.

Tangible fixed assets are stated at cost less depreciation. 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 bases:
Fixtures, fixtures & equipment 4 years straight line basis
Motor cars 4 years straight line basis

Stocks
Stocks comprise work-in-progress relating to product development and are valued at the lower of cost and net realisable value.

Taxation
Taxation for the year 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 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.

Solutions Training & Advisory Limited (Registered number: 02986680)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 6,436
DEPRECIATION
At 1 March 2023 6,340
Charge for year 91
At 29 February 2024 6,431
NET BOOK VALUE
At 29 February 2024 5
At 28 February 2023 96

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 53,472 25,257
Other debtors 5,672 2,444
59,144 27,701

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 12,147 2,155
Taxation and social security 30,468 14,554
Other creditors 9,317 4,595
51,932 21,304

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Loan from director 10,000 -

8. RELATED PARTY DISCLOSURES

The director received total remuneration of £42,000 from the company during the year (2023: £42,000). The director received a dividend of £Nil during the year (2023: £2,500).

9. ULTIMATE CONTROLLING PARTY

Paul Meek is the company's ultimate controlling party.