REGISTERED NUMBER: 02285557 (England and Wales)

PROGRESSIVE TRAINING LTD.

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A L Alltimes

Mrs A Alltimes

SECRETARY:

Mrs A Alltimes

REGISTERED OFFICE:

3, The Old Brewhouse

49-51 Brewhouse Hill

Wheathampstead

Hertfordshire

AL4 8AN

REGISTERED NUMBER:

02285557 (England and Wales)

ACCOUNTANTS:

Miller & Co

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Tangible assets

5

64,726

67,275

CURRENT ASSETS

Debtors

6

10,335

16,430

Cash at bank

30,654

24,793

40,989

41,223

CREDITORS

Amounts falling due within one year

7

8,719

11,562

NET CURRENT ASSETS

32,270

29,661

TOTAL ASSETS LESS CURRENT LIABILITIES

96,996

96,936

CAPITAL AND RESERVES

Called up, paid and allotted share capital

600

600

Capital redemption reserve

400

400

Retained earnings

95,996

95,936

SHAREHOLDERS' FUNDS

96,996

96,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

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 23 September 2025 and were signed on its behalf by:

A L Alltimes - Director

1.	STATUTORY INFORMATION

Progressive 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.

The presentation currency of the financial statements is Pound Sterling, rounded to the nearest pound.

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.

Income recognition

Income is recognised when services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

50% on cost

Taxation

Current taxation represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements . 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal or timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

102,000

9,904

6,734

118,638

Additions

-

-

392

392

At 31 December 2024

102,000

9,904

7,126

119,030

DEPRECIATION

At 1 January 2024

36,710

9,270

5,383

51,363

Charge for year

1,360

94

1,487

2,941

At 31 December 2024

38,070

9,364

6,870

54,304

NET BOOK VALUE

At 31 December 2024

63,930

540

256

64,726

At 31 December 2023

65,290

634

1,351

67,275

Included in land and buildings is land at cost of £34,000 (2023 - £34,000 ) which is not depreciated.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,289

2,958

Other debtors

6,046

13,472

10,335

16,430

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,352

5,469

Taxation and social security

5,312

2,593

Other creditors

2,055

3,500

8,719

11,562

8.	RELATED PARTY DISCLOSURES

The Directors operate a loan account with the company which is interest free and repayable on demand.

Service Scan Evaluations Limited

A company with common directors and shareholders.

The company charged fees of £8,755 (2023 £15,937) to Service Scan Evaluations Limited for the use of office space and other shared overheads.

At 31 December 2024 £3,750 (2023 £9,131) was owed to the company by Service Scan Evaluations Limited.