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REGISTERED NUMBER: 03364347 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

TAVY TRAINING SERVICES LIMITED

TAVY TRAINING SERVICES LIMITED (REGISTERED NUMBER: 03364347)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TAVY TRAINING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr R M Fogwill
Mrs J A Fogwill



REGISTERED OFFICE: Singleton Court Business Park
Wonastow Road West Industrial Estate
Monmouth
Gwent
NP25 5JA



REGISTERED NUMBER: 03364347 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: HSBC
2 Frogmore Street
Abergavenny
Monmouthshire
NP7 5AF

TAVY TRAINING SERVICES LIMITED (REGISTERED NUMBER: 03364347)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,710 2,239

CURRENT ASSETS
Debtors 5 1,800 7,280
Cash at bank 19,857 20,086
21,657 27,366
CREDITORS
Amounts falling due within one year 6 4,423 10,366
NET CURRENT ASSETS 17,234 17,000
TOTAL ASSETS LESS CURRENT LIABILITIES 18,944 19,239

PROVISIONS FOR LIABILITIES 311 311
NET ASSETS 18,633 18,928

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 18,629 18,924
SHAREHOLDERS' FUNDS 18,633 18,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by:




Mr R M Fogwill - Director


TAVY TRAINING SERVICES LIMITED (REGISTERED NUMBER: 03364347)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Tavy Training Services 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.

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.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

TAVY TRAINING SERVICES LIMITED (REGISTERED NUMBER: 03364347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2023 8,454
Additions 600
At 31 May 2024 9,054
DEPRECIATION
At 1 June 2023 6,215
Charge for year 1,129
At 31 May 2024 7,344
NET BOOK VALUE
At 31 May 2024 1,710
At 31 May 2023 2,239

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,800 7,280

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 2,166 5,661
Social security and other taxes - 260
Directors' current accounts 373 596
Accrued expenses 1,884 3,849
4,423 10,366

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Mr R M Fogwill
Balance outstanding at start of year (298 ) (2,701 )
Amounts advanced 7,149 13,436
Amounts repaid (7,038 ) (11,033 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (187 ) (298 )

TAVY TRAINING SERVICES LIMITED (REGISTERED NUMBER: 03364347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mrs J A Fogwill
Balance outstanding at start of year (298 ) (2,702 )
Amounts advanced 7,150 13,437
Amounts repaid (7,038 ) (11,033 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (186 ) (298 )