Shropshire Training Limited 31/03/2025 iXBRL

Company registration number: 06854749

SHROPSHIRE TRAINING LIMITED

UNAUDITED FILLETED FINANCIAL STATEMENTS

31 March 2025

SHROPSHIRE TRAINING LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

SHROPSHIRE TRAINING LIMITED

DIRECTORS AND OTHER INFORMATION


	Directors	Mr A G Maddox
		Mrs M L Maddox


	Secretary	Mrs M L Maddox


	Company number	06854749


	Registered office	Countrywide House
		Knights Way
		Battlefield Enterprise Park
		Shrewsbury
		SY1 3AB


	Business address	7 Brades Road
		Prees
		Whitchurch
		Shropshire
		SY13 2DU


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

SHROPSHIRE TRAINING LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SHROPSHIRE TRAINING LIMITED

YEAR ENDED 31ST MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Shropshire Training Limited for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Shropshire Training Limited, as a body, in accordance with the terms of our engagement letter dated 22 May 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Shropshire Training Limited and state those matters that we have agreed to state to the board of directors of Shropshire Training Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shropshire Training Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Shropshire Training Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Shropshire Training Limited. You consider that Shropshire Training Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Shropshire Training Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

1 October 2025

SHROPSHIRE TRAINING LIMITED

STATEMENT OF FINANCIAL POSITION

31ST MARCH 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1,728		2,053
Investments	6	825,231		650,000
		_______		_______
			826,959		652,053

Current assets
Stock and Work-in-Progress		617		2,862
Debtors	7	32,480		29,143
Cash at bank and in hand		50,686		154,768
		_______		_______
		83,783		186,773
Creditors: amounts falling due
within one year	8	( 88,391)		( 66,509)
		_______		_______
Net current (liabilities)/assets			( 4,608)		120,264
			_______		_______
Total assets less current liabilities			822,351		772,317


Provisions for liabilities			( 36,940)		( 37,003)

			_______		_______
Net assets			785,411		735,314
			_______		_______

Capital and reserves
Called up share capital			2		2
Revaluation reserve			109,838		-
Profit and loss account			675,571		735,312
			_______		_______
Shareholders funds			785,411		735,314
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

Mr A G Maddox

Director

Company registration number: 06854749

SHROPSHIRE TRAINING LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31ST MARCH 2025

	Called up share capital	Revaluation reserve	Profit and loss account	Total
	£	£	£	£


At 1 April 2023	2	-	571,833	571,835

Profit for the year			171,379	171,379
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	171,379	171,379

Dividends paid and payable			( 7,900)	( 7,900)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 7,900)	( 7,900)

	_______	_______	_______	_______
At 31 March 2024 and 1 April 2024	2	-	735,312	735,314

Profit for the year			56,897	56,897
Other comprehensive income for the year:
Revaluation of tangible assets		109,838		109,838
Reclassification from revaluation reserve to profit and loss account		-	( 109,838)	( 109,838)
	_______	_______	_______	_______
Total comprehensive income for the year	-	109,838	( 52,941)	56,897

Dividends paid and payable			( 6,800)	( 6,800)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 6,800)	( 6,800)

	_______	_______	_______	_______
At 31 March 2025	2	109,838	675,571	785,411
	_______	_______	_______	_______

SHROPSHIRE TRAINING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Countrywide House, Knights Way, Battlefield Enterprise Park, Shrewsbury, SY1 3AB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	reducing balance

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2024	6,763	6,763
Disposals	( 253)	( 253)
	_______	_______
At 31 March 2025	6,510	6,510
	_______	_______
Depreciation
At 1 April 2024	4,711	4,711
Charge for the year	305	305
Disposals	( 234)	( 234)
	_______	_______
At 31 March 2025	4,782	4,782
	_______	_______
Carrying amount
At 31 March 2025	1,728	1,728
	_______	_______
At 31 March 2024	2,052	2,052
	_______	_______

6. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 April 2024	650,000	650,000
Additions	175,231	175,231
	_______	_______
At 31 March 2025	825,231	825,231
	_______	_______
Impairment
At 1 April 2024 and 31 March 2025	-	-
	_______	_______
Carrying amount
At 31 March 2025	825,231	825,231
	_______	_______
At 31 March 2024	650,000	650,000
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	30,566	27,227
Other debtors	1,914	1,916
	_______	_______
	32,480	29,143
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	3,844	2,121
Corporation tax	15,506	17,080
Social security and other taxes	4,185	5,318
Other creditors	64,856	41,990
	_______	_______
	88,391	66,509
	_______	_______