Waterjet Training Limited 12146033 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is the provision of training courses. Digita Accounts Production Advanced 6.30.9574.0 true true 12146033 2024-02-01 2025-01-31 12146033 2025-01-31 12146033 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 12146033 core:OfficeEquipment 2025-01-31 12146033 bus:SmallEntities 2024-02-01 2025-01-31 12146033 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 12146033 bus:FilletedAccounts 2024-02-01 2025-01-31 12146033 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 12146033 bus:RegisteredOffice 2024-02-01 2025-01-31 12146033 bus:Director1 2024-02-01 2025-01-31 12146033 bus:Director2 2024-02-01 2025-01-31 12146033 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12146033 core:OfficeEquipment 2024-02-01 2025-01-31 12146033 core:VehiclesPlantMachinery 2024-02-01 2025-01-31 12146033 countries:EnglandWales 2024-02-01 2025-01-31 12146033 2023-02-01 2024-01-31 12146033 2024-01-31 12146033 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 iso4217:GBP xbrli:pure

Registration number: 12146033

Waterjet Training Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

Waterjet Training Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Waterjet Training Limited

Company Information

Directors

K O'Callaghan

L O'Callaghan

Registered office

Unit 1 Cotswold Farm Business Park
Millfield Lane
Caddington
Luton
LU1 4AJ

Accountants

Ardmore Accountancy Limited
Chartered Certified Accountants
Suite 2
Jupiter Business Suites
30a Packhorse Road
Gerrards Cross
Buckinghamshire
SL9 7DA

 

Waterjet Training Limited

(Registration number: 12146033)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

2,174

-

Current assets

 

Cash at bank and in hand

 

5,580

3,158

Creditors: Amounts falling due within one year

6

(3,752)

(9,716)

Net current assets/(liabilities)

 

1,828

(6,558)

Net assets/(liabilities)

 

4,002

(6,558)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

3,902

(6,658)

Shareholders' funds/(deficit)

 

4,002

(6,558)

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 May 2025 and signed on its behalf by:
 

L O'Callaghan
Director

   
     
 

Waterjet Training Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

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

The address of its registered office is:
Unit 1 Cotswold Farm Business Park
Millfield Lane
Caddington
Luton
LU1 4AJ

These financial statements were authorised for issue by the Board on 27 May 2025.

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.

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.

 

Waterjet Training Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

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

Office equipment

20% straight line basis

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 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 at the transaction price.

Share capital

Ordinary shares are classified as equity.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

 

Waterjet Training Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

Additions

2,389

2,389

At 31 January 2025

2,389

2,389

Depreciation

Charge for the year

215

215

At 31 January 2025

215

215

Carrying amount

At 31 January 2025

2,174

2,174

5

Debtors

Current

2025
£

2024
£

 

-

-

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

1,050

-

Accruals and deferred income

900

1,410

Other creditors

1,802

8,306

3,752

9,716