Company registration number 14862093 (England and Wales)
BOURNE TRAINING SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
BOURNE TRAINING SERVICES LTD
COMPANY INFORMATION
Director
Mr C Bourne
(Appointed 11 May 2023)
Company number
14862093
Registered office
Unit N1
Blackpole Road
Worcester
Worcestershire
WR3 8SG
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
NatWest
Botley Branch
Elms Court
Botley
Oxford
OX2 9NA
BOURNE TRAINING SERVICES LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
BOURNE TRAINING SERVICES LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BOURNE TRAINING SERVICES LTD FOR THE PERIOD ENDED 31 MAY 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bourne Training Services Ltd for the period ended 31 May 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Bourne Training Services Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bourne Training Services Ltd and state those matters that we have agreed to state to the board of directors of Bourne Training Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bourne Training Services Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Bourne Training Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Bourne Training Services Ltd. You consider that Bourne Training Services Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of Bourne Training Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ormerod Rutter Limited
12 December 2024
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
BOURNE TRAINING SERVICES LTD
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 2 -
2024
Notes
£
£
Fixed assets
Tangible assets
3
866
Current assets
Cash at bank and in hand
7,163
Creditors: amounts falling due within one year
4
(9,034)
Net current liabilities
(1,871)
Net liabilities
(1,005)
Capital and reserves
Called up share capital
5
1
Profit and loss reserves
(1,006)
Total equity
(1,005)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 12 December 2024
Mr C Bourne
Director
Company registration number 14862093 (England and Wales)
BOURNE TRAINING SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
- 3 -
1
Accounting policies
Company information
Bourne Training Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit N1, Blackpole Road, Worcester, Worcestershire, WR3 8SG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computer equipment
25% on reducing balance
1.5
Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
1.6
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
BOURNE TRAINING SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MAY 2024
- 4 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
Number
Total
2
3
Tangible fixed assets
Computer equipment
£
Cost
At 11 May 2023
Additions
1,154
At 31 May 2024
1,154
Depreciation and impairment
At 11 May 2023
Depreciation charged in the period
288
At 31 May 2024
288
Carrying amount
At 31 May 2024
866
4
Creditors: amounts falling due within one year
2024
£
Other creditors
9,034
5
Called up share capital
2024
2024
Ordinary share capital
Number
£
Issued and fully paid
Ordinary of £1 each
1
1
1 Ordinary share of £1 was allotted and fully paid for cash at par during the period
6
Ultimate controlling party
The ultimate controlling party is Mr C Bourne.
BOURNE TRAINING SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MAY 2024
- 5 -
7
Comparatives
This is the company’s first period of trade, therefore there are no comparatives.