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REGISTERED NUMBER: SC418282 (Scotland)












Financial Statements for the Year Ended 31 March 2025

for

IT TRAINING AND DEVELOPMENT LTD

IT TRAINING AND DEVELOPMENT LTD (REGISTERED NUMBER: SC418282)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


IT TRAINING AND DEVELOPMENT LTD

Company Information
for the Year Ended 31 March 2025







DIRECTOR: D I Henderson





REGISTERED OFFICE: 23 Dinnie Place
Kintore
Aberdeenshire
AB51 0TJ





REGISTERED NUMBER: SC418282 (Scotland)





ACCOUNTANTS: Account Tax Ltd
Chartered Certified Accountants
12 Traill Drive
Montrose
Angus
DD10 8SW

IT TRAINING AND DEVELOPMENT LTD (REGISTERED NUMBER: SC418282)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 23,274 22,500

CURRENT ASSETS
Debtors 5 109,299 92,533
Cash at bank 86,592 103,211
195,891 195,744
CREDITORS
Amounts falling due within one year 6 18,498 18,838
NET CURRENT ASSETS 177,393 176,906
TOTAL ASSETS LESS CURRENT
LIABILITIES

200,667

199,406

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 200,666 199,405
SHAREHOLDERS' FUNDS 200,667 199,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2025 and were signed by:




D I Henderson - Director


IT TRAINING AND DEVELOPMENT LTD (REGISTERED NUMBER: SC418282)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

IT Training and Development Ltd is a private company, limited by shares , registered in Scotland. 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 material 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 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.

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 year was 2 (2024 - 2 ) .

IT TRAINING AND DEVELOPMENT LTD (REGISTERED NUMBER: SC418282)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 19,140 833 4,038 24,011
Additions - - 1,649 1,649
At 31 March 2025 19,140 833 5,687 25,660
DEPRECIATION
At 1 April 2024 - 423 1,088 1,511
Charge for year - 103 772 875
At 31 March 2025 - 526 1,860 2,386
NET BOOK VALUE
At 31 March 2025 19,140 307 3,827 23,274
At 31 March 2024 19,140 410 2,950 22,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 27,179 8,338
Other debtors 82,120 84,195
109,299 92,533

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 1,231 969
Taxation and social security 15,260 13,401
Other creditors 2,007 4,468
18,498 18,838

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £31,900 (2024 - £25,000) were paid to the director .

The company was under control of the director, D I Henderson, throughout the current and previous year.

During the year the director advanced the company net amounts totalling £12. As at 31 March 2025, included within other creditors, is a balance outstanding due to the director of £24 (2024 - £12). No interest has been paid on this loan.

In the year ending 31 March 2023, the company advanced money to Don Rentals Ltd (a company owned and controlled by the director, D I Henderson). The outstanding balance of £80,848, is included in other debtors. There has been no interest charged on this loan. (2024 - £80,848).