Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312Other education not elsewhere classified2023-08-01false2falsetruefalse 07200749 2023-08-01 2024-07-31 07200749 2022-08-01 2023-07-31 07200749 2024-07-31 07200749 2023-07-31 07200749 c:Director1 2023-08-01 2024-07-31 07200749 d:PlantMachinery 2023-08-01 2024-07-31 07200749 d:PlantMachinery 2024-07-31 07200749 d:PlantMachinery 2023-07-31 07200749 d:CurrentFinancialInstruments 2024-07-31 07200749 d:CurrentFinancialInstruments 2023-07-31 07200749 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 07200749 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 07200749 d:ShareCapital 2024-07-31 07200749 d:ShareCapital 2023-07-31 07200749 d:RetainedEarningsAccumulatedLosses 2024-07-31 07200749 d:RetainedEarningsAccumulatedLosses 2023-07-31 07200749 c:FRS102 2023-08-01 2024-07-31 07200749 c:Audited 2023-08-01 2024-07-31 07200749 c:FullAccounts 2023-08-01 2024-07-31 07200749 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07200749 c:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07200749 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 07200749










C & G TRAINING SOLUTIONS LTD










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
C & G TRAINING SOLUTIONS LTD
REGISTERED NUMBER: 07200749

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Tangible assets
 3 
-
-

Current assets
  

Cash at bank and in hand
  
4,989
3,522

  
4,989
3,522

Creditors: amounts falling due within one year
 4 
(49,705)
(50,068)

Net current liabilities
  
 
 
(44,716)
 
 
(46,546)

Total assets less current liabilities
  
(44,716)
(46,546)

  

Net liabilities
  
(44,716)
(46,546)


Capital and reserves
  

Called up share capital 
  
120
120

Profit and loss account
  
(44,836)
(46,666)

  
(44,716)
(46,546)


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 December 2024.




D E Spencer
Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
C & G TRAINING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

C & G Training Solutions Limited (the "Company") is a private company limited by shares, incorporated in
the United Kingdom and registered in England and Wales (registered number: 07200749). Its registered office is Unit 1 The Bridge Business Centre, Beresford Way, Chesterfield, Derbyshire, S41 9FG.
The principal activity of the Company throughout the year continued to be that of the provision of vocational training.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Going concern

The Company has net current liabilities due to the amount of debt owed to fellow companies within the Skills People Group Limited group of companies (the "Group"). The Company has received assurances from the Group that a demand for repayment of these intercompany balances will only be made if the Company has sufficient available resources to make the payment without prejudicing the ability of the Company to make other payments as and when they fall due. 
After due consideration of revised forecasts which take into account plausible but severe scenarios and available cash resources in the period 12 months from the date of signing these financial statements, the financial statements have been prepared on a going concern basis. 

Page 2

 
C & G TRAINING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
C & G TRAINING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
 
Page 4

 
C & G TRAINING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)


2.7
Financial instruments (continued)

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.
Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Tangible fixed assets





Plant and machinery

£



Cost


At 1 August 2023
21,216



At 31 July 2024

21,216



Depreciation


At 1 August 2023
21,216



At 31 July 2024

21,216



Net book value



At 31 July 2024
-



At 31 July 2023
-

Page 5

 
C & G TRAINING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
250
2,504

Amounts owed to group undertakings
47,343
45,584

Other taxation and social security
130
-

Other creditors
1,982
1,192

Accruals and deferred income
-
788

49,705
50,068



5.


Controlling party

The immediate parent undertaking is The Construction Skills People Limited, a company registered in England and Wales.
The ultimate parent undertaking is The Skills People Group Limited, a company registered in England and Wales. This company is under the control of three of the directors.
The parent of both the smallest and largest groups in which the results of C&G Training Solutions Limited are consolidated is The Skills People Group Limited. Copies of the financial statements of The Skills People Group Limited can be obtained from Unit 1, The Bridge Business Centre, Beresford Way, Chesterfield, Derbyshire, England, S41 9FG.


6.


Auditors' information

The auditors' report on the financial statements for the year ended 31 July 2024 was unqualified.

The audit report was signed on 12 December 2024 by Howard Freeman BSc FCA (Senior Statutory Auditor) on behalf of Shorts.

 
Page 6