Pro-Trainers UK Limited 06929025 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is training for heavy machinery use. Digita Accounts Production Advanced 6.30.9574.0 true true 06929025 2023-07-01 2024-06-30 06929025 2024-06-30 06929025 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-06-30 06929025 core:CurrentFinancialInstruments 2024-06-30 06929025 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 06929025 core:Non-currentFinancialInstruments 2024-06-30 06929025 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 06929025 core:FurnitureFittings 2024-06-30 06929025 core:OtherPropertyPlantEquipment 2024-06-30 06929025 bus:SmallEntities 2023-07-01 2024-06-30 06929025 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06929025 bus:FilletedAccounts 2023-07-01 2024-06-30 06929025 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06929025 bus:RegisteredOffice 2023-07-01 2024-06-30 06929025 bus:Director1 2023-07-01 2024-06-30 06929025 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06929025 core:FurnitureFittings 2023-07-01 2024-06-30 06929025 core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 06929025 core:PlantMachinery 2023-07-01 2024-06-30 06929025 countries:England 2023-07-01 2024-06-30 06929025 2023-06-30 06929025 core:FurnitureFittings 2023-06-30 06929025 core:OtherPropertyPlantEquipment 2023-06-30 06929025 2022-07-01 2023-06-30 06929025 2023-06-30 06929025 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-06-30 06929025 core:CurrentFinancialInstruments 2023-06-30 06929025 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 06929025 core:Non-currentFinancialInstruments 2023-06-30 06929025 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 06929025 core:FurnitureFittings 2023-06-30 06929025 core:OtherPropertyPlantEquipment 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 06929025

Pro-Trainers UK Limited
Annual Report and
Unaudited Financial Statements

30 June 2024

 

Pro-Trainers UK Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 8

 

Pro-Trainers UK Limited

Balance Sheet
30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

70,641

50,547

Current assets

 

Debtors

6

33,708

27,591

Cash at bank and in hand

 

22,212

49,405

 

55,920

76,996

Creditors: Amounts falling due within one year

7

(56,855)

(69,443)

Net current (liabilities)/assets

 

(935)

7,553

Total assets less current liabilities

 

69,706

58,100

Creditors: Amounts falling due after more than one year

7

(28,079)

(7,094)

Provisions for liabilities

(266)

(266)

Net assets

 

41,361

50,740

Capital and reserves

 

Called up share capital

1

1

Retained earnings

41,360

50,739

Shareholders' funds

 

41,361

50,740

 

Pro-Trainers UK Limited

Balance Sheet
30 June 2024

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 March 2025
 

.........................................
Mr Mark Jones
Director

Company Registration Number: 06929025

 

Pro-Trainers UK Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2024

1

General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
7 Willow Road
Prestwich
Manchester
M25 3DZ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Government grants

Government grants in respect of capital expenditure are credited to a deferred income account and are released to profit over the expected useful lives of the relevant assets by equal annual instalments. Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

 

Pro-Trainers UK Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Pro-Trainers UK Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Pro-Trainers UK Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2024

3

Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 4 (2023 - 4).

 

Pro-Trainers UK Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2024

4

Loss/profit before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

26,245

17,315

5

Tangible assets

Fixtures and fittings
£

Other tangible assets
 £

Total
£

Cost or valuation

At 1 July 2023

7,115

83,441

90,556

Additions

2,472

43,867

46,339

At 30 June 2024

9,587

127,308

136,895

Depreciation

At 1 July 2023

4,410

35,599

40,009

Charge for the year

2,367

23,878

26,245

At 30 June 2024

6,777

59,477

66,254

Carrying amount

At 30 June 2024

2,810

67,831

70,641

At 30 June 2023

2,705

47,842

50,547

6

Debtors

Current

2024
£

2023
£

Trade debtors

29,837

27,591

Other debtors

3,871

-

 

33,708

27,591

 

Pro-Trainers UK Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

17,955

16,538

Trade creditors

 

8,126

5,931

Taxation and social security

 

21,293

30,018

Other creditors

 

9,481

16,956

 

56,855

69,443

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

3,426

6,667

Hire purchase contracts

24,653

-

Other borrowings

-

427

28,079

7,094

9

Related party transactions

Director's remuneration

The directors are remunerated by the company. The directors consider that their remuneration meets the criteria of being under normal market conditions.
The directors who are also shareholders receive dividends as part of this remuneration package.