IRIS Accounts Production v24.3.2.46 10849230 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108492302023-07-31108492302024-07-31108492302023-08-012024-07-31108492302022-07-31108492302022-08-012023-07-31108492302023-07-3110849230ns15:EnglandWales2023-08-012024-07-3110849230ns14:PoundSterling2023-08-012024-07-3110849230ns10:Director12023-08-012024-07-3110849230ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3110849230ns10:SmallEntities2023-08-012024-07-3110849230ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3110849230ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3110849230ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3110849230ns10:FullAccounts2023-08-012024-07-3110849230ns10:Director22023-08-012024-07-3110849230ns10:RegisteredOffice2023-08-012024-07-3110849230ns5:CurrentFinancialInstruments2024-07-3110849230ns5:CurrentFinancialInstruments2023-07-3110849230ns5:ShareCapital2024-07-3110849230ns5:ShareCapital2023-07-3110849230ns5:RetainedEarningsAccumulatedLosses2024-07-3110849230ns5:RetainedEarningsAccumulatedLosses2023-07-3110849230ns5:PlantMachinery2023-07-3110849230ns5:PlantMachinery2023-08-012024-07-3110849230ns5:PlantMachinery2024-07-3110849230ns5:PlantMachinery2023-07-3110849230ns5:CostValuation2023-07-3110849230ns5:AdditionsToInvestments2024-07-3110849230ns5:CostValuation2024-07-3110849230ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3110849230ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 10849230 (England and Wales)















The Training And Compliance Hub Limited

Unaudited Financial Statements for the Year Ended 31 July 2024






The Training And Compliance Hub Limited (Registered number: 10849230)

Contents of the Financial Statements
for the year ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Training And Compliance Hub Limited

Company Information
for the year ended 31 July 2024







DIRECTORS: S M Waddilove
P X Setrakian





REGISTERED OFFICE: Plesman House
2a Cains Lane
Feltham
Middlesex
TW14 9RL





REGISTERED NUMBER: 10849230 (England and Wales)





ACCOUNTANTS: Hexagon Accountancy Limited
60A Saddleworth Road
Greetland
Halifax
HX4 8AG

The Training And Compliance Hub Limited (Registered number: 10849230)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,572 44,797
Investments 5 441,010 340,000
476,582 384,797

CURRENT ASSETS
Debtors 6 125,122 76,215
Cash at bank 62,538 54,203
187,660 130,418
CREDITORS
Amounts falling due within one year 7 448,522 285,206
NET CURRENT LIABILITIES (260,862 ) (154,788 )
TOTAL ASSETS LESS CURRENT LIABILITIES 215,720 230,009

CAPITAL AND RESERVES
Called up share capital 20 10
Retained earnings 215,700 229,999
215,720 230,009

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Training And Compliance Hub Limited (Registered number: 10849230)

Balance Sheet - continued
31 July 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:





S M Waddilove - Director


The Training And Compliance Hub Limited (Registered number: 10849230)

Notes to the Financial Statements
for the year ended 31 July 2024


1. STATUTORY INFORMATION

The Training And Compliance Hub 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.

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price and any costs directly attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter:
Plant and machinery, etc- 20% and 25% straight line

At each reporting period end, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount is the higher of fair value less costs to sell and value in use. An impairment loss is recognised immediately in profit or loss.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

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


The Training And Compliance Hub Limited (Registered number: 10849230)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 108,895
Additions 15,715
At 31 July 2024 124,610
DEPRECIATION
At 1 August 2023 64,098
Charge for year 24,940
At 31 July 2024 89,038
NET BOOK VALUE
At 31 July 2024 35,572
At 31 July 2023 44,797

The Training And Compliance Hub Limited (Registered number: 10849230)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023 340,000
Additions 101,010
At 31 July 2024 441,010
NET BOOK VALUE
At 31 July 2024 441,010
At 31 July 2023 340,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 114,695 66,284
Other debtors 10,427 9,931
125,122 76,215

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 312,000 -
Taxation and social security 22,617 12,676
Other creditors 113,905 272,530
448,522 285,206