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REGISTERED NUMBER: 10580920 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Training Toolz Ltd

Training Toolz Ltd (Registered number: 10580920)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Training Toolz Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Ms K Collinson
Mr I Pringle





REGISTERED OFFICE: Morwick Hall
Mortec Office Park
York Road
Leeds
LS15 4TA





REGISTERED NUMBER: 10580920 (England and Wales)





ACCOUNTANTS: Wild & Co Chartered Accountants
Windsor House
Cornwall Road
Harrogate
HG1 2PW

Training Toolz Ltd (Registered number: 10580920)

Abridged Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 505 1,723

CURRENT ASSETS
Debtors 14,739 25,087
Cash at bank 7,841 17,195
22,580 42,282
CREDITORS
Amounts falling due within one year 17,597 32,229
NET CURRENT ASSETS 4,983 10,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,488

11,776

CAPITAL AND RESERVES
Called up share capital 5 200 200
Retained earnings 5,288 11,576
SHAREHOLDERS' FUNDS 5,488 11,776

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 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by:




Ms K Collinson - Director


Training Toolz Ltd (Registered number: 10580920)

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

1. STATUTORY INFORMATION

Training Toolz 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.

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.
Computer equipment - Straight line over 3 years

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 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 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.

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 ) .

Training Toolz Ltd (Registered number: 10580920)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024
and 31 March 2025 3,691
DEPRECIATION
At 1 April 2024 1,968
Charge for year 1,218
At 31 March 2025 3,186
NET BOOK VALUE
At 31 March 2025 505
At 31 March 2024 1,723

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1 100 100
100 Ordinary A £1 100 100
200 200

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
Ms K Collinson
Balance outstanding at start of year (3,822 ) (2,915 )
Amounts advanced (4,248 ) (4,959 )
Amounts repaid 7,386 4,052
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (684 ) (3,822 )

Mr I Pringle
Balance outstanding at start of year (3,289 ) (2,980 )
Amounts advanced (312 ) (312 )
Amounts repaid 2,980 3
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (621 ) (3,289 )

Training Toolz Ltd (Registered number: 10580920)

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

7. RELATED PARTY DISCLOSURES

Director loans of £1,305 is money advanced to the Company by the Directors as at 31 March 2025. The loan is unsecured and interest-free. The loan is repayable on demand.

At the year end, Kodo Education Limited, owed the company £1,673. Mr Ian Pringle and Mrs Kirsty Collinson are directors of this company. The loan is interest free.