Registered number
06883351
THE TRAINING BUSINESS LIMITED
Filleted Accounts
31 May 2025
THE TRAINING BUSINESS LIMITED
Registered number: 06883351
Balance Sheet
as at 31 May 2025
Notes 2025 2024
£ £
Current assets
Cash at bank and in hand 937 4,578
Creditors: amounts falling due within one year 3 (11,144) (25,559)
Net current liabilities (10,207) (20,981)
Total assets less current liabilities (10,207) (20,981)
Creditors: amounts falling due after more than one year 4 (97,265) (97,265)
Net liabilities (107,472) (118,246)
Capital and reserves
Called up share capital 1 1
Profit and loss account (107,473) (118,247)
Shareholder's funds (107,472) (118,246)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Harry Bundred
Director
Approved by the board on 17 June 2025
THE TRAINING BUSINESS LIMITED
Notes to the Accounts
for the year ended 31 May 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Creditors: amounts falling due within one year 2025 2024
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 9,272 22,672
Taxation and social security costs 468 2,185
Other creditors 1,404 702
11,144 25,559
4 Creditors: amounts falling due after one year 2025 2024
£ £
Other creditors 97,265 97,265
Other creditors represents the amount owing to the director.
5 Controlling party
The company is controlled by the director who owns 100% of the issued share capital.
6 Other information
THE TRAINING BUSINESS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Suite 401, Cotton Exchange Building
Old Hall Street
Liverpool
L3 9LQ
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