REGISTERED NUMBER: SC803244 (Scotland)

Neon Training Limited

Unaudited Financial Statements

for the period

15th March 2024 to 31st March 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

to

5

Director:

J Gall

Registered office:

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Registered number:

SC803244 (Scotland)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

3,067

Current assets

Debtors

5

764

Cash at bank

1,599

2,363

Creditors

Amounts falling due within one year

6

28,400

Net current liabilities

(26,037

)

Total assets less current liabilities

(22,970

)

Capital and reserves

Called up share capital

100

Retained earnings

(23,070

)

(22,970

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th December 2025 and were signed by:

J Gall - Director

1.	Statutory information

Neon Training Limited is a private company, limited by shares , registered in Scotland. 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 represents the total invoice value, excluding value added tax, of sales invoiced during the period, or the fair value of services provided for amounts not invoiced at the period end.

Turnover arising from training courses is recognised when the significant risks and rewards of ownership have passed to the buyer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Office equipment

-

25% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Financial instruments

The following assets and liabilities are classified as financial instruments - other loans and directors' loans..

Other loans and directors' loans are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern

At the date of signing these financial statements it is the directors' intention for the company to be wound up and struck off once its affairs have been put in order.

3.	Employees and directors

The average number of employees during the period was NIL.

4.	Tangible fixed assets

Fixtures

Plant and

and

Office

machinery

fittings

equipment

Totals

£

£

£

£

Cost

Additions

1,956

988

582

3,526

At 31st March 2025

1,956

988

582

3,526

Depreciation

Charge for period

239

111

109

459

At 31st March 2025

239

111

109

459

Net book value

At 31st March 2025

1,717

877

473

3,067

5.

Debtors: amounts falling due within one year

£

Other debtors

764

6.

Creditors: amounts falling due within one year

£

Other creditors

28,400

7.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 31st March 2025:

£

J Gall

Balance outstanding at start of period

-

Amounts advanced

100

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

100

This loan is unsecured and repayable on demand.

8.	Related party disclosures

At 31st March 2025 a loan of £28,400 was outstanding payable by the company to Neon Security Limited, a company which is controlled by the director Mr J Gall. This loan is unsecured, interest free and is repayable on demand.