Registered number
08892371
SAB Training Ltd
Report and Accounts
29 February 2024
SAB Training Ltd
Report to the directors on the preparation of the unaudited statutory accounts of SAB Training Ltd for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SAB Training Ltd for the year ended 29 February 2024 which comprise of the Profit and Loss Account, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
5 February 2025
SAB Training Ltd
Registered number: 08892371
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,653 412
Current assets
Debtors 4 8,755 63,703
Cash at bank and in hand 62,862 157,482
71,617 221,185
Creditors: amounts falling due within one year 5 (11,382) (45,865)
Net current assets 60,235 175,320
Net assets 61,888 175,732
Capital and reserves
Called up share capital 1 1
Profit and loss account 61,887 175,731
Shareholder's funds 61,888 175,732
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 member has 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.
S A M Bolton
Director
Approved by the board on 5 February 2025
SAB Training Ltd
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.
Turnover
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Office equipment 33% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2023 4,969
Additions 1,379
At 29 February 2024 6,348
Depreciation
At 1 March 2023 4,557
Charge for the year 138
At 29 February 2024 4,695
Net book value
At 29 February 2024 1,653
At 28 February 2023 412
4 Debtors 2024 2023
£ £
Trade debtors 8,754 63,702
Other debtors 1 1
8,755 63,703
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 64 1,658
Corporation tax 14,134 27,751
Other taxes and social security costs (3,536) 15,736
Other creditors 720 720
11,382 45,865
6 Other information
SAB Training Ltd is a private company limited by shares and incorporated in England. Its registered office is:
41 Belper Lane
Belper
Derbyshire
DE56 2UQ
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