Registered number
07590445
TRP TRAINING LIMITED
Filleted Accounts
29 February 2024
TRP TRAINING LIMITED
Registered number: 07590445
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 11,324 40,577
Cash at bank and in hand 19,383 14,946
30,707 55,523
Creditors: amounts falling due within one year 4 (8,653) (20,777)
Net current assets 22,054 34,746
Total assets less current liabilities 22,054 34,746
Creditors: amounts falling due after more than one year 5 (21,153) (33,617)
Net assets 901 1,129
Capital and reserves
Called up share capital 100 100
Profit and loss account 801 1,029
Shareholders' funds 901 1,129
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sanjeev Loomba
Director
Approved by the board on 25 November 2024
TRP TRAINING LIMITED
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2024 2023
£ £
Trade debtors 11,291 1,359
Other debtors 33 39,218
11,324 40,577
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 1,994
Taxation and social security costs 6,649 18,783
Other creditors 2,004 -
8,653 20,777
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 21,153 33,617
6 Other information
TRP TRAINING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Sinckot House
211 Station Road
Harrow
England
HA1 2TP
TRP TRAINING LIMITED 07590445 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts July 2024 Sanjeev Loomba No description of principal activity 07590445 2022-03-01 2023-02-28 07590445 core:WithinOneYear 2023-02-28 07590445 core:AfterOneYear 2023-02-28 07590445 core:ShareCapital 2023-02-28 07590445 core:RetainedEarningsAccumulatedLosses 2023-02-28 07590445 2023-03-01 2024-02-29 07590445 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07590445 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 07590445 bus:Director40 2023-03-01 2024-02-29 07590445 1 2023-03-01 2024-02-29 07590445 countries:England 2023-03-01 2024-02-29 07590445 bus:FRS102 2023-03-01 2024-02-29 07590445 bus:FilletedAccounts 2023-03-01 2024-02-29 07590445 2024-02-29 07590445 core:WithinOneYear 2024-02-29 07590445 core:AfterOneYear 2024-02-29 07590445 core:ShareCapital 2024-02-29 07590445 core:RetainedEarningsAccumulatedLosses 2024-02-29 07590445 2023-02-28 iso4217:GBP xbrli:pure