INNOV8 TRAINING LTD


Director	BUCKLEY, Neil


Registered Address	Office 2, Ground Floor, The Barn Stone Street
	Stanford
	Ashford
	TN25 6DH


Registered Number	08019329 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		6,734		10,101
			6,734		10,101
Current assets
Debtors		132,681		151,477
Cash at bank and on hand		115		113
		132,796		151,590
Creditors amounts falling due within one year	4	(133,662)		(172,276)
Net current assets (liabilities)			(866)		(20,686)
Total assets less current liabilities			5,868		(10,585)
Net assets			5,868		(10,585)
Capital and reserves
Called up share capital			2		2
Profit and loss account			5,866		(10,587)
Shareholders' funds			5,868		(10,585)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 12 December 2025, and are signed on its behalf by:

BUCKLEY, Neil
Director
Registered Company No. 08019329

INNOV8 TRAINING LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		5

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	25,832	32,703	1,635	60,170
At 31 March 25	25,832	32,703	1,635	60,170
Depreciation and impairment
At 01 April 24	25,832	22,602	1,635	50,069
Charge for year	-	3,367	-	3,367
At 31 March 25	25,832	25,969	1,635	53,436
Net book value
At 31 March 25	-	6,734	-	6,734
At 31 March 24	-	10,101	-	10,101

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,806	216
Bank borrowings and overdrafts	42,334	69,440
Taxation and social security	54,005	69,105
Finance lease and HP contracts	31,966	31,966
Accrued liabilities and deferred income	1,551	1,549
Total	133,662	172,276


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Controlling party
	The controlling party is Mr N Buckley.