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Company No: 10120659 (England and Wales)

TRAINING IN ACTION CONSULTING LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

TRAINING IN ACTION CONSULTING LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

TRAINING IN ACTION CONSULTING LIMITED

BALANCE SHEET

As at 31 March 2025
TRAINING IN ACTION CONSULTING LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Investments 3 412,000 412,000
412,000 412,000
Current assets
Debtors 4 1,306 1,300
Cash at bank and in hand 6,880 10,675
8,186 11,975
Creditors: amounts falling due within one year 5 ( 1,530) ( 1,115)
Net current assets 6,656 10,860
Total assets less current liabilities 418,656 422,860
Net assets 418,656 422,860
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 418,556 422,760
Total shareholders' funds 418,656 422,860

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

Directors' responsibilities:

The financial statements of Training in Action Consulting Limited (registered number: 10120659) were approved and authorised for issue by the Board of Directors on 10 June 2025. They were signed on its behalf by:

Mrs J C May
Director
Mrs G C Hogg
Director
TRAINING IN ACTION CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
TRAINING IN ACTION CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Training in Action Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Fixed asset investments

Investments in subsidiaries

2025
£
Cost
At 01 April 2024 412,000
At 31 March 2025 412,000
Carrying value at 31 March 2025 412,000
Carrying value at 31 March 2024 412,000

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
31.03.2025
Ownership
31.03.2024
Training in Action Limited Lowin House, Tregolls Road, Truro, Cornwall TR1 2NA Holding company Ordinary 75.00% 75.00%

4. Debtors

2025 2024
£ £
Trade debtors 1,200 1,200
Corporation tax 6 0
Other debtors 100 100
1,306 1,300

5. Creditors: amounts falling due within one year

2025 2024
£ £
Taxation and social security 0 5
Other creditors 1,530 1,110
1,530 1,115

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100