08926241falsethe running of training courses2023-11-012024-10-31http://www.companieshouse.gov.uk/2023-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-10-31http://www.companieshouse.gov.uk/cd:Director12023-11-012024-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-10-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-11-012024-10-31http://www.companieshouse.gov.uk/pt:MotorCars2023-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-11-012024-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-11-012024-10-31http://www.companieshouse.gov.uk/pt:MotorCars2024-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-11-012024-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-11-012024-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42023-11-012024-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass52023-11-012024-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-10-31http://www.companieshouse.gov.uk/2023-11-012024-10-31http://www.companieshouse.gov.uk/2023-10-31http://www.companieshouse.gov.uk/cd:FRS1022023-11-012024-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-11-012024-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-11-012024-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08926241

Showcase Training Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/10/2024

Prepared By:
Victor Stewart
The White House
164 Bridge Road
Sarisbury Green, Southampton
Hampshire
SO31 7EH

Showcase Training Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/10/2024
DIRECTORS
Luke Bailey
REGISTERED OFFICE
Unit 77, Merlin House
4 Meteor Way, Daedalus Drive
Lee-on-the-Solent
Hampshire
PO13 9FU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08926241
ACCOUNTANTS
Victor Stewart
The White House
164 Bridge Road
Sarisbury Green, Southampton
Hampshire
SO31 7EH

Showcase Training Ltd

ACCOUNTS
FOR THEYEARENDED31/10/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Showcase Training Ltd

BALANCE SHEET AT 31/10/2024
20242023
Notes££
FIXED ASSETS
Tangible assets355,70266,825
CURRENT ASSETS
Stock101,85889,700
Debtors557,65846,839
Cash at bank and in hand114,359109,159
273,875245,698
CREDITORS: Amounts falling due within one year6154,131143,429
NET CURRENT ASSETS119,744102,269
TOTAL ASSETS LESS CURRENT LIABILITIES175,446169,094
CREDITORS: Amounts falling due after more than one year743,63761,417
NET ASSETS131,809107,677
CAPITAL AND RESERVES
Called up share capital8114114
Profit and loss account131,695107,563
SHAREHOLDERS' FUNDS131,809107,677
For the year ending 31/10/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13/12/2024 and signed on their behalf by
.............................
Luke Bailey
Director

Showcase Training Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/10/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 15%
Equipment 20%
Motor Cars 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees2016

Showcase Training Ltd

3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentMotor CarsTotal
££££
Cost
At 01/11/202318,80218,19258,99095,984
Additions2964,601-4,897
Disposals-(1,217)-(1,217)
At 31/10/202419,09821,57658,99099,664
Depreciation
At 01/11/20235,2269,18514,74829,159
Disposals-(1,059)-(1,059)
For the year2,0862,71511,06115,862
At 31/10/20247,31210,84125,80943,962
Net Book Amounts
At 31/10/202411,78610,73533,18155,702
At 31/10/202313,5769,00744,24266,825
Included within the net book value of £55,702 (2023: £66,825) are assets held under hire purchase of £33,181 (2023: £44,242).
4. STOCK 20242023
££
Stock comprises:
Work in progress101,85889,700
101,85889,700
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors45,23532,910
Other debtors4,9367,941
Prepayments7,4875,988
57,65846,839

Showcase Training Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Corporation tax63,49347,417
VAT10,7509,338
PAYE9,70310,567
Bank Loan10,00014,667
Credit card60140
Hire purchase7,7815,615
Trade creditors8,57719,875
Other creditors41,40832,674
Pension schemes2,0421,923
Accruals3171,213
154,131143,429
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr5,83415,833
Hire purchase >1yr37,80345,584
43,63761,417
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Preference shares of £1 each100100
1 Non-voting management A shares of £1 each11
1 Non-voting management B shares of £1 each11
1 Non-voting management C shares of £1 each11
1 Non-voting management D shares of £1 each11
10 Non-voting management E shares of £1 each1010
114114