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REGISTERED NUMBER: 06141779 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TFS TRAINING CONSULTANTS LIMITED

TFS TRAINING CONSULTANTS LIMITED (REGISTERED NUMBER: 06141779)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

TFS TRAINING CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr R L Taylor





REGISTERED OFFICE: Cote Walls Farm
Preesall
Poulton le Fylde
Lancashire
FY6 0HS





REGISTERED NUMBER: 06141779 (England and Wales)





ACCOUNTANTS: Miller Roskell Limited
Chartered Certified Accountants
17 Victoria Road East
Thornton Cleveleys
Lancashire
FY5 5HT

TFS TRAINING CONSULTANTS LIMITED (REGISTERED NUMBER: 06141779)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 178,911 192,854
Investment property 5 625,000 625,000
803,911 817,854

CURRENT ASSETS
Stocks 17,134 24,950
Debtors 6 92,171 493,011
Cash at bank 678,380 42,404
787,685 560,365
CREDITORS
Amounts falling due within one year 7 253,187 98,753
NET CURRENT ASSETS 534,498 461,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,338,409

1,279,466

PROVISIONS FOR LIABILITIES 95,699 97,507
NET ASSETS 1,242,710 1,181,959

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 299,463 299,463
Retained earnings 943,147 882,396
SHAREHOLDERS' FUNDS 1,242,710 1,181,959

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

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

The director acknowledges his 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.

TFS TRAINING CONSULTANTS LIMITED (REGISTERED NUMBER: 06141779)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 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 director and authorised for issue on 8 April 2025 and were signed by:





Mr R L Taylor - Director


TFS TRAINING CONSULTANTS LIMITED (REGISTERED NUMBER: 06141779)

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

1. STATUTORY INFORMATION

Tfs Training Consultants 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

TFS TRAINING CONSULTANTS LIMITED (REGISTERED NUMBER: 06141779)

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

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Tractors
£    £    £   
COST
At 1 January 2024 5,100 226,599 202,865
Additions - 3,600 -
At 31 December 2024 5,100 230,199 202,865
DEPRECIATION
At 1 January 2024 598 154,451 86,899
Charge for year 225 8,466 11,597
At 31 December 2024 823 162,917 98,496
NET BOOK VALUE
At 31 December 2024 4,277 67,282 104,369
At 31 December 2023 4,502 72,148 115,966

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 600 150 435,314
Additions 3,500 - 7,100
At 31 December 2024 4,100 150 442,414
DEPRECIATION
At 1 January 2024 474 38 242,460
Charge for year 725 30 21,043
At 31 December 2024 1,199 68 263,503
NET BOOK VALUE
At 31 December 2024 2,901 82 178,911
At 31 December 2023 126 112 192,854

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 625,000
NET BOOK VALUE
At 31 December 2024 625,000
At 31 December 2023 625,000

TFS TRAINING CONSULTANTS LIMITED (REGISTERED NUMBER: 06141779)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 42,034 34,296
Other debtors 50,137 458,715
92,171 493,011

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 19,005 3,508
Taxation and social security 39,236 38,578
Other creditors 194,946 56,667
253,187 98,753

8. RESERVES
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 299,463

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
Mr R L Taylor
Balance outstanding at start of year 426,374 -
Amounts advanced - 426,374
Amounts repaid (426,374 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 426,374

10. RELATED PARTY DISCLOSURES

The director operated a loan account with the company. The balance owed to the director at 31 December 2024 was £128,039 (2023 - £(426,374)).

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TFS TRAINING CONSULTANTS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tfs Training Consultants Limited for the year ended 31 December 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Tfs Training Consultants Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tfs Training Consultants Limited and state those matters that we have agreed to state to the director of Tfs Training Consultants Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Tfs Training Consultants Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tfs Training Consultants Limited. You consider that Tfs Training Consultants Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tfs Training Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Miller Roskell Limited
Chartered Certified Accountants
17 Victoria Road East
Thornton Cleveleys
Lancashire
FY5 5HT


8 April 2025