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REGISTERED NUMBER: 06830012 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2024

for

DAVE BRIGHT TRAINING LIMITED

DAVE BRIGHT TRAINING LIMITED (REGISTERED NUMBER: 06830012)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


DAVE BRIGHT TRAINING LIMITED

Company Information
for the Year Ended 28 February 2024







DIRECTORS: D A Bright
Mrs J V Bright





SECRETARY: Mrs J V Bright





REGISTERED OFFICE: 4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU





REGISTERED NUMBER: 06830012 (England and Wales)





ACCOUNTANTS: Adams Beeny Limited
4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU

DAVE BRIGHT TRAINING LIMITED (REGISTERED NUMBER: 06830012)

Statement of Financial Position
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,837 2,467

CURRENT ASSETS
Debtors 5 32,723 28,059
Cash at bank 42,474 38,455
75,197 66,514
CREDITORS
Amounts falling due within one year 6 51,450 52,944
NET CURRENT ASSETS 23,747 13,570
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,584

16,037

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 25,484 15,937
SHAREHOLDERS' FUNDS 25,584 16,037

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:



D A Bright - Director



Mrs J V Bright - Director


DAVE BRIGHT TRAINING LIMITED (REGISTERED NUMBER: 06830012)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Dave Bright Training 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
Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

DAVE BRIGHT TRAINING LIMITED (REGISTERED NUMBER: 06830012)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 28 February 2024 41,670
DEPRECIATION
At 1 March 2023 39,203
Charge for year 630
At 28 February 2024 39,833
NET BOOK VALUE
At 28 February 2024 1,837
At 28 February 2023 2,467

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2023
and 28 February 2024 16,583
DEPRECIATION
At 1 March 2023 15,649
Charge for year 234
At 28 February 2024 15,883
NET BOOK VALUE
At 28 February 2024 700
At 28 February 2023 934

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 3,298 14,937
Other debtors 29,425 13,122
32,723 28,059

DAVE BRIGHT TRAINING LIMITED (REGISTERED NUMBER: 06830012)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade creditors 1,800 1,800
Taxation and social security 38,904 34,136
Other creditors 10,746 17,008
51,450 52,944

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 March 2023 15,937
Profit for the year 31,047
Dividends (21,500 )
At 28 February 2024 25,484

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2024 and 28 February 2023:

28.2.24 28.2.23
£    £   
D A Bright and Mrs J V Bright
Balance outstanding at start of year 210 4,977
Amounts advanced 20,765 38,576
Amounts repaid - (43,343 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,975 210

The Directors' loan is interest free and repayable on demand.

The loan was repaid within 9 months of the year end.