Explore Training & Development Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04458440 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

EXPLORE TRAINING & DEVELOPMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I Redmond

REGISTERED OFFICE:

51 Rosemoor Gardens

Appleton

Warrington

Cheshire

WA4 5RF

REGISTERED NUMBER:

04458440 (England and Wales)

ACCOUNTANTS:

Michael Donnan & Co Limited

Oaktree Court Business Ctr

Mill Lane

Ness

Cheshire

CH64 8TP

FIXED ASSETS

Tangible assets

4

5,349

8,303

CURRENT ASSETS

Debtors

5

37,427

45,624

Cash at bank

68,028

74,235

105,455

119,859

CREDITORS

Amounts falling due within one year

6

44,576

27,040

NET CURRENT ASSETS

60,879

92,819

TOTAL ASSETS LESS CURRENT
LIABILITIES

66,228

101,122

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

8

66,226

101,120

SHAREHOLDERS' FUNDS

66,228

101,122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 October 2025 and were signed by:

I Redmond - Director

1.	STATUTORY INFORMATION

Explore 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Transactions are rounded to the nearest £.

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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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 NIL (2024 - 4 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 July 2024

7,149

19,218

26,367

Additions

-

567

At 30 June 2025

7,149

19,785

26,934

DEPRECIATION

At 1 July 2024

5,672

12,392

18,064

Charge for year

841

2,680

3,521

At 30 June 2025

6,513

15,072

21,585

NET BOOK VALUE

At 30 June 2025

636

4,713

5,349

At 30 June 2024

1,477

6,826

8,303

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

Trade debtors

32,137

37,731

Other debtors

2,519

-

Prepayments and accrued income

2,771

7,893

37,427

45,624

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

Tax

1,847

6,330

VAT

13,037

9,740

Directors' current accounts

12,337

9,870

Accruals and deferred income

16,200

-

Accrued expenses

1,155

1,100

44,576

27,040

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/25

30/6/24

value:

£

1

Ordinary A

£1

1

Ordinary B

£1

1

2

8.

RESERVES

Retained

earnings

£

At 1 July 2024

101,120

Deficit for the year

(5,894

)

Dividends

(29,000

)

At 30 June 2025

66,226