REGISTERED NUMBER: 05052803 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Workforce Training & Development Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

Mrs L C Faulkner

J T Faulkner

Secretary:

Mrs L C Faulkner

Registered office:

Ironstone House

4 Ironstone Way

Brixworth

Northampton

Northamptonshire

NN6 9UD

Registered number:

05052803 (England and Wales)

Accountants:

R Vann Ltd

Chartered Certified Accountants

Ironstone House

Ironstone Way

Brixworth

Northamptonshire

NN6 9UD

Fixed assets

Tangible assets

4

12,141

16,133

Current assets

Debtors

5

85,100

11,029

Cash at bank

60,942

86,275

146,042

97,304

Creditors

Amounts falling due within one year

6

17,495

7,640

Net current assets

128,547

89,664

Total assets less current liabilities

140,688

105,797

Provisions for liabilities

7

1,678

2,028

Net assets

139,010

103,769

Capital and reserves

Called up share capital

8

200

200

Retained earnings

138,810

103,569

Shareholders' funds

139,010

103,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by:

J T Faulkner - Director

1.	Statutory information

Workforce Training & Development 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.

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.

Plant and machinery etc

-

25% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 4 ) .

4.	Tangible fixed assets

Fixtures,

fittings

& computer

equipment

£

Cost

At 1 April 2024

54,745

Additions

694

At 31 March 2025

55,439

Depreciation

At 1 April 2024

38,612

Charge for year

4,686

At 31 March 2025

43,298

Net book value

At 31 March 2025

12,141

At 31 March 2024

16,133

5.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Other debtors

85,100

11,029

6.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Taxation and social security

15,331

5,525

Other creditors

2,164

2,115

17,495

7,640

7.	Provisions for liabilities

31.3.25

31.3.24

£

£

Deferred tax

1,678

2,028

Deferred

tax

£

Balance at 1 April 2024

2,028

Provided during year

(350

)

Balance at 31 March 2025

1,678

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

200

Ordinary

1

200

200