IRIS Accounts Production v25.4.0.155 04638691 director 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04638691 2024-03-31 04638691 2025-03-31 04638691 2024-04-01 2025-03-31 04638691 2023-03-31 04638691 2023-04-01 2024-03-31 04638691 2024-03-31 04638691 ns15:EnglandWales 2024-04-01 2025-03-31 04638691 ns14:PoundSterling 2024-04-01 2025-03-31 04638691 ns10:Director1 2024-04-01 2025-03-31 04638691 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04638691 ns10:SmallEntities 2024-04-01 2025-03-31 04638691 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04638691 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 04638691 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04638691 ns10:FullAccounts 2024-04-01 2025-03-31 04638691 ns10:RegisteredOffice 2024-04-01 2025-03-31 04638691 ns5:CurrentFinancialInstruments 2025-03-31 04638691 ns5:CurrentFinancialInstruments 2024-03-31 04638691 ns5:Non-currentFinancialInstruments 2025-03-31 04638691 ns5:Non-currentFinancialInstruments 2024-03-31 04638691 ns5:ShareCapital 2025-03-31 04638691 ns5:ShareCapital 2024-03-31 04638691 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 04638691 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 04638691 ns5:FurnitureFittings 2024-04-01 2025-03-31 04638691 ns5:ComputerEquipment 2024-04-01 2025-03-31 04638691 ns5:PlantMachinery 2024-03-31 04638691 ns5:PlantMachinery 2024-04-01 2025-03-31 04638691 ns5:PlantMachinery 2025-03-31 04638691 ns5:PlantMachinery 2024-03-31 04638691 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 04638691 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 04638691 ns5:WithinOneYear 2025-03-31 04638691 ns5:WithinOneYear 2024-03-31 04638691 ns5:BetweenOneFiveYears 2025-03-31 04638691 ns5:BetweenOneFiveYears 2024-03-31 04638691 ns5:AllPeriods 2025-03-31 04638691 ns5:AllPeriods 2024-03-31 04638691 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 04638691 ns5:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31

REGISTERED NUMBER: 04638691 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| SPS Training Solutions Limited |

| SPS Training Solutions Limited (Registered number: 04638691) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SPS Training Solutions Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | M P Shah

| REGISTERED OFFICE: | Suite 16 Beaufort Court

| Admirals Way

| South Quay

| Docklands

| London

| E14 9XL

| REGISTERED NUMBER: | 04638691 (England and Wales)

| ACCOUNTANTS: | RBS Accountants Limited

| 16 Beaufort Court

| Admirals Way

| London

| Docklands

| London

| E14 9XL

| SPS Training Solutions Limited (Registered number: 04638691) |

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 14,561 |  | 15,416 |  |

CURRENT ASSETS

Debtors | 5 | 441,075 |  | 361,434 |  |

Cash at bank | 283,270 |  | 197,508 |  |

724,345 |  | 558,942 |  |

CREDITORS

Amounts falling due within one year | 6 | 221,032 |  | 167,828 |  |

NET CURRENT ASSETS | 503,313 |  | 391,114 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 517,874 |  | 406,530 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 113,522 |  | 3,523 |  |

NET ASSETS | 404,352 |  | 403,007 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 404,252 |  | 402,907 |  |

SHAREHOLDERS' FUNDS | 11 | 404,352 |  | 403,007 |  |

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 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.

| SPS Training Solutions Limited (Registered number: 04638691) |

Balance Sheet - continued

31 March 2025

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 26 November 2025 and were signed by:

M P Shah - Director

| SPS Training Solutions Limited (Registered number: 04638691) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| SPS Training Solutions 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.

| There is a charge by National Westminster Bank PLC on company dated 20/02/2020.

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 represents net invoiced sales of services excluding value added tax. Income is recognised as services are performed.

| 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

| 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 23 (2024 - 23 ) .

4. | PROPERTY, PLANT AND EQUIPMENT

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024 | 240,204 |  |

| Additions | 9,753 |  |

| At 31 March 2025 | 249,957 |  |

| DEPRECIATION

| At 1 April 2024 | 224,788 |  |

| Charge for year | 10,608 |  |

| At 31 March 2025 | 235,396 |  |

| NET BOOK VALUE

| At 31 March 2025 | 14,561 |  |

| At 31 March 2024 | 15,416 |  |

| SPS Training Solutions Limited (Registered number: 04638691) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | DEBTORS

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 263,292 |  | 222,228 |  |

| Other debtors | 61,434 |  | 39,328 |  |

324,726 |  | 261,556 |  |

| Amounts falling due after more than one year:

| Amounts owed by group undertakings | 116,349 |  | 99,878 |  |

| Aggregate amounts | 441,075 |  | 361,434 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 111,488 |  | 73,673 |  |

| Tax | 37,395 |  | 26,573 |  |

| Social security and other taxes | 10,400 |  | 10,914 |  |

| VAT | - |  | 4,061 |  |

| Other creditors | 22,310 |  | 26,216 |  |

| Pension fund | 2,624 |  | 1,881 |  |

| Directors' current accounts | 102 |  | 3,460 |  |

| Accrued expenses | 36,713 |  | 21,050 |  |

221,032 |  | 167,828 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed to group undertakings | 113,522 |  | 3,523 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.3.25 |  | 31.3.24

£ | £ |

| Within one year | 42,480 |  | 25,460 |  |

| Between one and five years | 84,960 |  | 47,300 |  |

127,440 |  | 72,760 |  |

| The above relates to the total costs the company has committed to for operating leases for the next 5 years.

| SPS Training Solutions Limited (Registered number: 04638691) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

9. | RELATED PARTY DISCLOSURES

| Stad Investments Limited ("SIL")

| Parent company

| During the year the company declared dividends of £110,000 (2024 - £50,000) to SIL.

10. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is M P Shah.

| The ultimate controlling party continues to be M Shah, who is a director of the parent company "SIL", and holds 75% of the ordinary share capital.

11. | RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

| 31.3.25 |  | 31.3.24

£ | £ |

| Profit for the financial year | 111,345 |  | 93,304 |  |

| Dividends | (110,000 | ) | (50,000 | ) |

| Net addition to shareholders' funds | 1,345 |  | 43,304 |  |

| Opening shareholders' funds | 403,007 |  | 359,703 |  |

| Closing shareholders' funds | 404,352 |  | 403,007 |  |