Company registration number 08567363 (England and Wales)
GBTraining & Consultancy Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 30 June 2024
PAGES FOR FILING WITH REGISTRAR
GBTraining & Consultancy Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
GBTraining & Consultancy Ltd
Statement of financial position
as at 30 June 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,444
Current assets
Debtors
5,431
Cash at bank and in hand
4,081
11,777
9,512
11,777
Creditors: amounts falling due within one year
(1,887)
(5,590)
Net current assets
7,625
6,187
Net assets
9,069
6,187
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
9,068
6,186
Total equity
9,069
6,187
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
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.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 11 February 2025
G Benn
Director
Company registration number 08567363 (England and Wales)
GBTraining & Consultancy Ltd
Notes to the financial statements
for the year ended 30 June 2024
- 2 -
1
Accounting policies
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 are prepared in sterling, which is the functional currency of the company.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 1 (2023 - 1).
2024
2023
Number
Number
Total
1
1
GBTraining & Consultancy Ltd
Notes to the financial statements (continued)
for the year ended 30 June 2024
- 3 -
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 July 2023
1,939
Additions
1,718
At 30 June 2024
3,657
Depreciation and impairment
At 1 July 2023
1,939
Depreciation charged in the year
274
At 30 June 2024
2,213
Carrying amount
At 30 June 2024
1,444
At 30 June 2023
4
Company information
GBTraining & Consultancy Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Cinder Lane, Castleford, West Yorkshire, WF10 1LU.