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Registration number: 06873770

Focus Training (SW) Limited
Filleted Financial Statements
for the Year Ended 31 March 2025

Focus Training (SW) Limited

Contents

Statement of Financial Position | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

Focus Training (SW) Limited

(Registration number: 06873770)
Statement of Financial Position as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 232,958 | 259,408
Current assets |  |  |
Debtors | 5 | 511,967 | 558,558
Cash at bank and in hand |  | 155,035 | 216,728
|  | 667,002 | 775,286
Creditors: Amounts falling due within one year | 6 | (413,691) | (432,653)
Net current assets |  | 253,311 | 342,633
Total assets less current liabilities |  | 486,269 | 602,041
Provisions for liabilities |  | (17,045) | (40,987)
Net assets |  | 469,224 | 561,054
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Profit and loss account |  | 468,224 | 560,054
Shareholders' funds |  | 469,224 | 561,054

Focus Training (SW) Limited

(Registration number: 06873770)
Statement of Financial Position as at 31 March 2025 (continued)

For the financial 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 10 November 2025 and signed on its behalf by:

Mr M T Trewin Director

Focus Training (SW) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
DCET House
Yeoford Way
Matford
Exeter
Devon
EX2 8LB

Principal activity

The principal activity of the company is that of offering training to those who wish to improve their skills and qualifications.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

The financial statements have been prepared on the historical cost basis.

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

Going concern

The financial statements have been prepared on a going concern basis.

Focus Training (SW) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2 | Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.
Revenue form the sale of services is recognised when the significant risks and rewards of ownership have transferred to the buyer; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred on respect of the transcations can be measured reliably.

Taxation

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold property | 5 & 10 years straight line
Plant and machinery | 25% reducing balance
Fittings fixtures and equipment | 25% reducing balance
Computer equipment | 25% reducing balance

Focus Training (SW) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2 | Accounting policies (continued)

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

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.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Focus Training (SW) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2 | Accounting policies (continued)

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 76 (2024 - 75).

Focus Training (SW) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4 | Tangible assets

| Leasehold property £ | Plant and machinery £ | Fixtures, fittings and equipment £ | Computer equipment £ | Total £
Cost or valuation
At 1 April 2024 | 239,831 | 265,912 | 406,381 | 124,610 | 1,036,734
Additions | - | 22,335 | - | 13,237 | 35,572
At 31 March 2025 | 239,831 | 288,247 | 406,381 | 137,847 | 1,072,306
Depreciation
At 1 April 2024 | 146,106 | 208,306 | 334,080 | 88,833 | 777,325
Charge for the year | 20,098 | 13,469 | 18,074 | 10,382 | 62,023
At 31 March 2025 | 166,204 | 221,775 | 352,154 | 99,215 | 839,348
Carrying amount
At 31 March 2024 | 93,725 | 57,606 | 72,301 | 35,776 | 259,408
At 31 March 2025 | 73,627 | 66,472 | 54,227 | 38,632 | 232,958

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 487,509 | 532,166
Other debtors | 24,458 | 26,392
| 511,967 | 558,558

Focus Training (SW) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 94,405 | 100,688
Taxation and social security | 95,765 | 86,744
Accruals and deferred income | 121,260 | 152,483
Other creditors | 102,261 | 92,738
| 413,691 | 432,653

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £

Lloyds bank have a fixed and floating charge over all property and undertakings of the company dated 23 September 2020.

7 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

8 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 242,835 | 243,239
Later than one year and not later than five years | 523,745 | 604,807
| 766,580 | 848,046

The amount of non-cancellable operating lease payments recognised as an expense during the year was £273,635 (2024 - £268,224).

Focus Training (SW) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

9 | Related party transactions

Focus Training (SW) Limited is wholly owned by Prosper SW Limited. Some of the directors of Focus are also directors of Prosper SW Limited.