IRIS Accounts Production v25.1.3.33 11006843 Board of Directors 1.11.23 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110068432023-10-31110068432024-12-31110068432023-11-012024-12-31110068432022-10-31110068432022-11-012023-10-31110068432023-10-3111006843ns15:EnglandWales2023-11-012024-12-3111006843ns14:PoundSterling2023-11-012024-12-3111006843ns10:Director12023-11-012024-12-3111006843ns10:PrivateLimitedCompanyLtd2023-11-012024-12-3111006843ns10:SmallEntities2023-11-012024-12-3111006843ns10:AuditExempt-NoAccountantsReport2023-11-012024-12-3111006843ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-12-3111006843ns10:SmallCompaniesRegimeForAccounts2023-11-012024-12-3111006843ns10:FullAccounts2023-11-012024-12-3111006843ns10:Director22023-11-012024-12-3111006843ns10:RegisteredOffice2023-11-012024-12-3111006843ns5:CurrentFinancialInstruments2024-12-3111006843ns5:CurrentFinancialInstruments2023-10-3111006843ns5:Non-currentFinancialInstruments2024-12-3111006843ns5:Non-currentFinancialInstruments2023-10-3111006843ns5:ShareCapital2024-12-3111006843ns5:ShareCapital2023-10-3111006843ns5:RetainedEarningsAccumulatedLosses2024-12-3111006843ns5:RetainedEarningsAccumulatedLosses2023-10-3111006843ns5:PlantMachinery2023-10-3111006843ns5:PlantMachinery2023-11-012024-12-3111006843ns5:PlantMachinery2024-12-3111006843ns5:PlantMachinery2023-10-3111006843ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3111006843ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31110068431ns10:Director12023-10-31110068431ns10:Director12022-10-31110068431ns10:Director12023-11-012024-12-31110068431ns10:Director12022-11-012023-10-31110068431ns10:Director12024-12-31110068431ns10:Director12023-10-3111006843ns10:Director222023-10-3111006843ns10:Director222022-10-3111006843ns10:Director222023-11-012024-12-3111006843ns10:Director222022-11-012023-10-3111006843ns10:Director222024-12-3111006843ns10:Director222023-10-31
REGISTERED NUMBER: 11006843 (England and Wales)












VORTEX TRAINING GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2023 TO 31 DECEMBER 2024






VORTEX TRAINING GROUP LTD (REGISTERED NUMBER: 11006843)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2023 TO 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VORTEX TRAINING GROUP LTD

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2023 TO 31 DECEMBER 2024







Directors: Mr T R Noblett
Mr T J Noblett





Registered office: Dalton House
9 Dalton Square
LANCASTER
LA1 1WD





Business address: Lion Court
Staunton
Harold Hall
ASHBY-DE-LA-ZOUCH
LE65 1RT





Registered number: 11006843 (England and Wales)





Accountants: Xeinadin
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD

VORTEX TRAINING GROUP LTD (REGISTERED NUMBER: 11006843)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 563,085 284,765

Current assets
Debtors 5 189,300 203,996
Cash at bank and in hand 57,308 51,865
246,608 255,861
Creditors
Amounts falling due within one year 6 127,095 110,176
Net current assets 119,513 145,685
Total assets less current liabilities 682,598 430,450

Creditors
Amounts falling due after more than one
year

7

(75,213

)

(52,726

)

Provisions for liabilities (107,586 ) (38,121 )
Net assets 499,799 339,603

Capital and reserves
Called up share capital 100 100
Retained earnings 499,699 339,503
499,799 339,603

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

VORTEX TRAINING GROUP LTD (REGISTERED NUMBER: 11006843)

BALANCE SHEET - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 May 2025 and were signed on its behalf by:





Mr T J Noblett - Director


VORTEX TRAINING GROUP LTD (REGISTERED NUMBER: 11006843)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2023 TO 31 DECEMBER 2024


1. Statutory information

Vortex Training Group Ltd 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.

The accounts cover a 14 month period in order to adjust the year end to the 31 December. This will be the company's year end going forward.

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.

Turnover is recognised at a point in time when a performance obligation is satisfied by transferring a service to the customer.

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 or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

VORTEX TRAINING GROUP LTD (REGISTERED NUMBER: 11006843)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2023 TO 31 DECEMBER 2024


2. Accounting policies - continued

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 period was 3 (2023 - 5 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 November 2023 407,252
Additions 439,905
Disposals (65,195 )
At 31 December 2024 781,962
Depreciation
At 1 November 2023 122,487
Charge for period 124,914
Eliminated on disposal (28,524 )
At 31 December 2024 218,877
Net book value
At 31 December 2024 563,085
At 31 October 2023 284,765

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 103,552 159,455
Other debtors 85,748 44,541
189,300 203,996

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 7,710 11,396
Hire purchase contracts 28,690 35,518
Trade creditors 35,160 14,934
Taxation and social security 51,367 31,812
Other creditors 4,168 16,516
127,095 110,176

VORTEX TRAINING GROUP LTD (REGISTERED NUMBER: 11006843)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2023 TO 31 DECEMBER 2024


7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 19,372 23,396
Hire purchase contracts 55,841 29,330
75,213 52,726

8. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the period ended 31 December 2024 and the year ended 31 October 2023:

2024 2023
£    £   
Mr T J Noblett
Balance outstanding at start of period 41,066 1,374
Amounts advanced 91,266 83,255
Amounts repaid (103,898 ) (43,563 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 28,434 41,066

Mr T R Noblett
Balance outstanding at start of period (6,856 ) (518 )
Amounts advanced 121,687 26,474
Amounts repaid (87,050 ) (32,812 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 27,781 (6,856 )

The above advance had no fixed repayment date, was unsecured and has interest charged at the official rate of interest.