IRIS Accounts Production v25.1.4.42 10147140 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Class A shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101471402023-09-30101471402024-09-30101471402023-10-012024-09-30101471402022-09-30101471402022-10-012023-09-30101471402023-09-3010147140ns15:EnglandWales2023-10-012024-09-3010147140ns14:PoundSterling2023-10-012024-09-3010147140ns10:Director12023-10-012024-09-3010147140ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010147140ns10:SmallEntities2023-10-012024-09-3010147140ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010147140ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010147140ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010147140ns10:FullAccounts2023-10-012024-09-3010147140ns10:OrdinaryShareClass12023-10-012024-09-3010147140ns10:Director22023-10-012024-09-3010147140ns10:Director32023-10-012024-09-3010147140ns10:RegisteredOffice2023-10-012024-09-3010147140ns5:CurrentFinancialInstruments2024-09-3010147140ns5:CurrentFinancialInstruments2023-09-3010147140ns5:Non-currentFinancialInstruments2024-09-3010147140ns5:Non-currentFinancialInstruments2023-09-3010147140ns5:ShareCapital2024-09-3010147140ns5:ShareCapital2023-09-3010147140ns5:RetainedEarningsAccumulatedLosses2024-09-3010147140ns5:RetainedEarningsAccumulatedLosses2023-09-3010147140ns5:FurnitureFittings2023-10-012024-09-3010147140ns5:ComputerEquipment2023-10-012024-09-3010147140ns5:FurnitureFittings2023-09-3010147140ns5:ComputerEquipment2023-09-3010147140ns5:FurnitureFittings2024-09-3010147140ns5:ComputerEquipment2024-09-3010147140ns5:FurnitureFittings2023-09-3010147140ns5:ComputerEquipment2023-09-3010147140ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3010147140ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3010147140ns5:WithinOneYear2024-09-3010147140ns5:WithinOneYear2023-09-3010147140ns5:BetweenOneFiveYears2024-09-3010147140ns5:BetweenOneFiveYears2023-09-3010147140ns5:AllPeriods2024-09-3010147140ns5:AllPeriods2023-09-3010147140ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 10147140 (England and Wales)


















Professional Apprenticeships Ltd

Unaudited Financial Statements

for the Year Ended 30 September 2024






Professional Apprenticeships Ltd (Registered number: 10147140)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Professional Apprenticeships Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Ms C D Bush
Mr P J Tucker
Mr S M Yardley





REGISTERED OFFICE: Filwood Green Business Park
1 Filwood Park Lane
Bristol
BS4 1ET





REGISTERED NUMBER: 10147140 (England and Wales)





ACCOUNTANTS: Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB

Professional Apprenticeships Ltd (Registered number: 10147140)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,267 268

CURRENT ASSETS
Debtors 6 255,870 196,982
Cash at bank 114,606 118,121
370,476 315,103
CREDITORS
Amounts falling due within one year 7 95,082 82,773
NET CURRENT ASSETS 275,394 232,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,661

232,598

CREDITORS
Amounts falling due after more than one
year

8

(110,846

)

(102,176

)

PROVISIONS FOR LIABILITIES (817 ) -
NET ASSETS 166,998 130,422

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 166,898 130,322
SHAREHOLDERS' FUNDS 166,998 130,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Professional Apprenticeships Ltd (Registered number: 10147140)

Balance Sheet - continued
30 September 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 13 June 2025 and were signed on its behalf by:





Ms C D Bush - Director


Professional Apprenticeships Ltd (Registered number: 10147140)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Professional Apprenticeships 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 presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 cost
Computer equipment - 33% on cost

Taxation
Taxation for the year 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 13 ) .

Professional Apprenticeships Ltd (Registered number: 10147140)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 1,854 5,246 7,100
Additions - 3,267 3,267
At 30 September 2024 1,854 8,513 10,367
DEPRECIATION
At 1 October 2023 1,586 5,246 6,832
Charge for year 268 - 268
At 30 September 2024 1,854 5,246 7,100
NET BOOK VALUE
At 30 September 2024 - 3,267 3,267
At 30 September 2023 268 - 268

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 123,909 68,534
Other debtors 131,961 128,448
255,870 196,982

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 21,644 26,925
Taxation and social security 62,087 52,654
Other creditors 11,351 3,194
95,082 82,773

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 110,846 102,176

Professional Apprenticeships Ltd (Registered number: 10147140)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.24 30.9.23
£    £   
Within one year 1,105 1,105
Between one and five years 1,104 2,209
2,209 3,314

10. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 99,338 89,663

Bank loans are secured by way of personal guarantee from the company directors.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Class A shares £1 100 100

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year loan accounts existed between the company and its directors and as at 30 September 2024 the directors owed the company £69,403 (2023 - £117,120). There has been no interest charged on the loans and the balances have been cleared after the year end by way of dividends.