REGISTERED NUMBER: 03077957 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Further Training Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C J Luty M.Sc.MCIPD

SECRETARY:

C J Luty M.Sc.MCIPD

REGISTERED OFFICE:

32 High Street

Wall Heath

Kingswinford

DY6 0HB

REGISTERED NUMBER:

03077957 (England and Wales)

ACCOUNTANTS:

Phillips Associates

Chartered Management Accountants

Associates House

249 Lyndon Road

Solihull

West Midlands

B92 7QP

FIXED ASSETS

Tangible assets

4

212,051

212,051

Investments

5

14,255

14,255

226,306

226,306

CURRENT ASSETS

Debtors

6

290,168

314,245

Cash at bank

108,759

115,618

398,927

429,863

CREDITORS

Amounts falling due within one year

7

5,120

16,304

NET CURRENT ASSETS

393,807

413,559

TOTAL ASSETS LESS CURRENT LIABILITIES

620,113

639,865

CREDITORS

Amounts falling due after more than one year

8

(507,758

)

(507,758

)

PROVISIONS FOR LIABILITIES

(973

)

-

NET ASSETS

111,382

132,107

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

(113,804

)

(113,804

)

Other reserves

60,804

60,804

Retained earnings

164,282

185,007

SHAREHOLDERS' FUNDS

111,382

132,107

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.

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 8 December 2025 and were signed by:

C J Luty M.Sc.MCIPD - Director

1.	STATUTORY INFORMATION

Further 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

212,050

9,666

221,716

DEPRECIATION

At 1 April 2024

and 31 March 2025

-

9,665

9,665

NET BOOK VALUE

At 31 March 2025

212,050

1

212,051

At 31 March 2024

212,050

1

212,051

5.	FIXED ASSET INVESTMENTS

Other

loans

£

At 1 April 2024

and 31 March 2025

14,255

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

12,760

Amounts owed by participating interests

290,000

290,000

Other debtors

168

11,485

290,168

314,245

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,120

11,677

Taxation and social security

-

2,627

Other creditors

2,000

2,000

5,120

16,304

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to participating interests

292,321

292,321

Other creditors

215,437

215,437

507,758

507,758