Shorecliffe Training Limited 31/03/2025 iXBRL

Company registration number: 03684374

Shorecliffe Training Limited

Unaudited filleted financial statements

31 March 2025

Shorecliffe Training Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Shorecliffe Training Limited

Directors and other information


	Directors	A W Jones
		E W Jones
		S W Williams


	Secretary	E W Jones


	Company number	03684374


	Registered office	Unit 27a
		Colomendy Industrial Estate
		Denbigh
		Denbighshire
		LL16 5TA


	Accountants	Hill & Roberts
		1 Tan y Castell
		Ruthin
		Denbighshire
		LL15 1DQ

Shorecliffe Training Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	45,962		44,504
		_______		_______
			45,962		44,504

Current assets
Debtors	7	299,671		80,898
Cash at bank and in hand		280,536		430,011
		_______		_______
		580,207		510,909
Creditors: amounts falling due
within one year	8	( 128,991)		( 81,354)
		_______		_______
Net current assets			451,216		429,555
			_______		_______
Total assets less current liabilities			497,178		474,059


Provisions for liabilities			( 10,639)		( 9,828)

			_______		_______
Net assets			486,539		464,231
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			486,439		464,131
			_______		_______
Shareholders funds			486,539		464,231
			_______		_______

For the 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 20 October 2025 , and are signed on behalf of the board by:

S W Williams

Director

Company registration number: 03684374

Shorecliffe Training Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Shorecliffe Training Limited, Unit 27a, Colomendy Industrial Estate, Denbigh, Denbighshire, LL16 5TA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); 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 in respect of the transactions can be measured reliably.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

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

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Short leasehold property	-	10 %	straight line
Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	24 %	reducing balance
Motor vehicles	-	25 %	reducing balance

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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a 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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 7 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	5,000	5,000
	_______	_______
Amortisation
At 1 April 2024 and 31 March 2025	5,000	5,000
	_______	_______
Carrying amount
At 31 March 2025	-	-
	_______	_______
At 31 March 2024	-	-
	_______	_______

6. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2024	19,777	161,297	35,469	47,103	263,646
Additions	-	-	1,811	32,219	34,030
Disposals	-	( 68,839)	( 2,546)	( 23,895)	( 95,280)
	_______	_______	_______	_______	_______
At 31 March 2025	19,777	92,458	34,734	55,427	202,396
	_______	_______	_______	_______	_______
Depreciation
At 1 April 2024	14,584	147,870	29,338	27,350	219,142
Charge for the year	1,787	3,077	1,355	9,633	15,852
Disposals	-	( 67,702)	( 404)	( 10,454)	( 78,560)
	_______	_______	_______	_______	_______
At 31 March 2025	16,371	83,245	30,289	26,529	156,434
	_______	_______	_______	_______	_______
Carrying amount
At 31 March 2025	3,406	9,213	4,445	28,898	45,962
	_______	_______	_______	_______	_______
At 31 March 2024	5,193	13,427	6,131	19,753	44,504
	_______	_______	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	105,589	76,961
Other debtors	194,082	3,937
	_______	_______
	299,671	80,898
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	39	15
Trade creditors	32,455	23,666
Corporation tax	35,368	18,621
Social security and other taxes	40,102	25,070
Other creditors	21,027	13,982
	_______	_______
	128,991	81,354
	_______	_______

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	A W Jones	-	-	-	-
	S W Williams	183	190,553	( 183)	190,553
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	A W Jones	( 69)	-	69	-
	S W Williams	-	183	-	183
		_______	_______	_______	_______
		( 69)	183	69	183
		_______	_______	_______	_______

The amount due to the company by the director is repayable on demand. No interest is charged on the amount owed to the company. No amounts have been written off or waived during the year.

10. Related party transactions

The company occupies commercial premises, from which it conducts its main business, rent free (2024 - rent free). The premises are owned by Alun and Eleri Jones who are directors of the company. The company also uses a portion of another commercial property from EJS Water Services Limited (03416667), in which Alun and Eleri Jones are also directors. Rent payable for the year was £ nil (2024 - £nil).