IRIS Accounts Production v25.1.3.33 11044026 Board of Directors 1.10.23 30.9.24 30.9.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110440262023-09-30110440262024-09-30110440262023-10-012024-09-30110440262022-09-30110440262022-10-012023-09-30110440262023-09-3011044026ns15:EnglandWales2023-10-012024-09-3011044026ns14:PoundSterling2023-10-012024-09-3011044026ns10:Director12023-10-012024-09-3011044026ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3011044026ns10:SmallEntities2023-10-012024-09-3011044026ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3011044026ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3011044026ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3011044026ns10:FullAccounts2023-10-012024-09-3011044026ns10:Director22023-10-012024-09-3011044026ns10:Director32023-10-012024-09-3011044026ns10:RegisteredOffice2023-10-012024-09-3011044026ns5:CurrentFinancialInstruments2024-09-3011044026ns5:CurrentFinancialInstruments2023-09-3011044026ns5:Non-currentFinancialInstruments2024-09-3011044026ns5:Non-currentFinancialInstruments2023-09-3011044026ns5:ShareCapital2024-09-3011044026ns5:ShareCapital2023-09-3011044026ns5:RetainedEarningsAccumulatedLosses2024-09-3011044026ns5:RetainedEarningsAccumulatedLosses2023-09-3011044026ns5:ComputerEquipment2023-10-012024-09-3011044026ns5:ComputerEquipment2023-09-3011044026ns5:ComputerEquipment2024-09-3011044026ns5:ComputerEquipment2023-09-3011044026ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3011044026ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3011044026ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-09-3011044026ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-09-3011044026ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-09-3011044026ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-30110440261ns10:Director12023-09-30110440261ns10:Director12022-09-30110440261ns10:Director12023-10-012024-09-30110440261ns10:Director12022-10-012023-09-30110440261ns10:Director12024-09-30110440261ns10:Director12023-09-30110440263ns10:Director32023-09-30110440263ns10:Director32022-09-30110440263ns10:Director32023-10-012024-09-30110440263ns10:Director32022-10-012023-09-30110440263ns10:Director32024-09-30110440263ns10:Director32023-09-30
REGISTERED NUMBER: 11044026 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

WORLD CLASS TRAINING LIMITED

WORLD CLASS TRAINING LIMITED (REGISTERED NUMBER: 11044026)

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


WORLD CLASS TRAINING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr A F H Leaf
Mr S J Marsland
Mrs B J Elms





REGISTERED OFFICE: Brixham Laboratory
Freshwater Quay
Brixham
Devon
TQ5 8BA





REGISTERED NUMBER: 11044026 (England and Wales)





ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND

WORLD CLASS TRAINING LIMITED (REGISTERED NUMBER: 11044026)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 199 241

CURRENT ASSETS
Debtors 5 715 2,767
Cash at bank 10,392 6,158
11,107 8,925
CREDITORS
Amounts falling due within one year 6 9,913 8,080
NET CURRENT ASSETS 1,194 845
TOTAL ASSETS LESS CURRENT LIABILITIES 1,393 1,086

CREDITORS
Amounts falling due after more than one
year

7

467

722
NET ASSETS 926 364

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 826 264
SHAREHOLDERS' FUNDS 926 364

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.

WORLD CLASS TRAINING LIMITED (REGISTERED NUMBER: 11044026)

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 25 June 2025 and were signed on its behalf by:





Mr A F H Leaf - Director


WORLD CLASS TRAINING LIMITED (REGISTERED NUMBER: 11044026)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

World Class Training Limited 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 - 25% 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.

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.

3. EMPLOYEES AND DIRECTORS

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

WORLD CLASS TRAINING LIMITED (REGISTERED NUMBER: 11044026)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023 962
Additions 265
At 30 September 2024 1,227
DEPRECIATION
At 1 October 2023 721
Charge for year 307
At 30 September 2024 1,028
NET BOOK VALUE
At 30 September 2024 199
At 30 September 2023 241

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 715 -
Directors' current accounts - 2,767
715 2,767

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 1,314 3,942
Intercompany account 157 157
Directors' current accounts 6,340 2,194
Accrued expenses 2,102 1,787
9,913 8,080

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 467 270
Bank loans - 2-5 years - 452
467 722

WORLD CLASS TRAINING LIMITED (REGISTERED NUMBER: 11044026)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr A F H Leaf
Balance outstanding at start of year 2,767 (815 )
Amounts advanced 14,185 27,440
Amounts repaid (19,610 ) (23,858 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,658 ) 2,767

Mrs B J Elms
Balance outstanding at start of year (2,194 ) (1,155 )
Amounts advanced 9,402 12,191
Amounts repaid (10,890 ) (13,230 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,682 ) (2,194 )

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £5,000 (2023 - £9,100) were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A F H Leaf.