Sutton and District Training Limited - Period Ending 2025-03-31

Registration number: 3721220

Sutton and District Training Limited

Annual Report and Financial Statements

for the Year Ended 31 March 2025

Sutton and District Training Limited

Contents

Company Information	1
Directors' Report	2
Statement of Directors' Responsibilities	3
Independent Auditor's Report	4 to 6
Income Statement	7
Statement of Comprehensive Income	8
Statement of Financial Position	9
Statement of Changes in Equity	10
Statement of Cash Flows	11
Notes to the Financial Statements	12 to 17
Detailed Profit and Loss Account	18 to 19

Sutton and District Training Limited

Company Information

Directors

Ms Julie Ingleton

Mr George Pantelli

Mr Anthony Douglas

Company secretary

Mr Anthony Douglas

Registered office

Lawn View
Grove Park
Carshalton
SM5 3BB

Auditors

Moracle Limited Chartered Accountants & Registered Auditors 960 Capability Green
Luton
LU1 3PE

Sutton and District Training Limited

Directors' Report for the Year Ended 31 March 2025

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors of the company

The directors who held office during the year were as follows:

Ms Julie Ingleton

Mr George Pantelli

Mr Anthony Douglas - Company secretary and director

Principal activity

The principal activity of the company is Sutton and District Training Limited’s principal activity is delivering highly personalised vocational training across multiple disciplines, with an emphasis on individual support and student success across the South East of England.

Disclosure of information to the auditors

Each director has taken steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditors are unaware.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 19 December 2025 and signed on its behalf by:

.........................................
Ms Julie Ingleton
Director

Sutton and District Training Limited

Statement of Directors' Responsibilities

The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

•	select suitable accounting policies and apply them consistently;

•	make judgements and accounting estimates that are reasonable and prudent;

•	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Sutton and District Training Limited

Independent Auditor's Report to the Members of Sutton and District Training Limited

Opinion

We have audited the financial statements of Sutton and District Training Limited (the 'company') for the year ended 31 March 2025, which comprise the Income Statement, Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

•	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;
•	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
•	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Sutton and District Training Limited

Independent Auditor's Report to the Members of Sutton and District Training Limited (continued)

Opinion on other matter prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

•	the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

•	the Directors' Report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

•	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
•	the financial statements are not in agreement with the accounting records and returns; or
•	certain disclosures of directors' remuneration specified by law are not made; or
•	we have not received all the information and explanations we require for our audit; or
•	the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities [set out on page 3], the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor Responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Enquiries of management and those charged with governance, and where appropriate the entity’s solicitors, regarding actual and potential litigation and claims;

Sutton and District Training Limited

Independent Auditor's Report to the Members of Sutton and District Training Limited (continued)

Enquiries of entity personnel in tax and compliance functions to identify any instances of non-compliance with laws and regulations;
Reviewing minutes of meetings of those charged with governance;
Reviewing financial statement disclosures and testing supporting documentation to assess compliance with applicable laws and regulations; and
Performing audit procedures to address the risk of management override of controls, including testing journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business, and reviewing accounting estimates for bias.

Because of the inherent limitations of an audit, there is an unavoidable risk that we may not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with laws and regulations. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we are less likely to become aware of instances of non-compliance. The risk is also greater in relation to irregularities arising from fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

......................................
Morlai Kargbo (Senior Statutory Auditor)
For and on behalf of Moracle Limited Chartered Accountants & Registered Auditors ,
960 Capability Green
Luton
LU1 3PE

19 December 2025

Sutton and District Training Limited

Income Statement for the Year Ended 31 March 2025

	Note	31 March 2025 £	31 March 2024 £
Turnover		2,848,846	2,692,540
Cost of sales		(506,147)	(712,391)
Gross profit		2,342,699	1,980,149
Administrative expenses		(1,799,142)	(1,537,231)
Other operating income		-	2,849
Operating profit		543,557	445,767
Interest payable and similar expenses		(501)	(6,010)
Profit before tax	6	543,056	439,757
Tax on profit		(135,889)	(112,404)
Profit for the financial year		407,167	327,353

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Sutton and District Training Limited

Statement of Comprehensive Income for the Year Ended 31 March 2025

	31 March 2025 £	31 March 2024 £
Profit for the year	407,167	327,353
Total comprehensive income for the year	407,167	327,353

Sutton and District Training Limited

(Registration number: 3721220)
Statement of Financial Position as at 31 March 2025

	Note	31 March 2025 £	31 March 2024 £
Fixed assets
Tangible assets	7	67,843	45,688
Current assets
Debtors	8	79,635	201,385
Cash at bank and in hand		755,605	273,203
		835,240	474,588
Creditors: Amounts falling due within one year	9	(528,090)	(287,543)
Net current assets		307,150	187,045
Net assets		374,993	232,733
Capital and reserves
Called up share capital	10	100	100
Retained earnings		374,893	232,633
Shareholders' funds		374,993	232,733

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 19 December 2025 and signed on its behalf by:

.........................................
Ms Julie Ingleton
Director

Sutton and District Training Limited

Statement of Changes in Equity for the Year Ended 31 March 2025

	Share capital £	Retained earnings £	Total £
At 1 April 2024	100	232,633	232,733
Profit for the year	-	407,167	407,167
Dividends	-	(264,907)	(264,907)
At 31 March 2025	100	374,893	374,993

	Share capital £	Retained earnings £	Total £
At 1 April 2023	100	188,780	188,880
Profit for the year	-	327,353	327,353
Dividends	-	(283,500)	(283,500)
At 31 March 2024	100	232,633	232,733

Sutton and District Training Limited

Statement of Cash Flows for the Year Ended 31 March 2025

	Note	31 March 2025 £	31 March 2024 £
Cash flows from operating activities
Profit for the year		407,167	327,353
Adjustments to cash flows from non-cash items
Depreciation and amortisation		16,689	15,230
Finance costs		501	6,010
Income tax expense		135,889	112,404
		560,246	460,997
Working capital adjustments
Decrease in trade debtors	8	121,750	19,352
Increase in trade creditors	9	105,976	15,350
Cash generated from operations		787,972	495,699
Income taxes received/(paid)		516	(112,404)
Net cash flow from operating activities		788,488	383,295
Cash flows from investing activities
Acquisitions of tangible assets		(38,844)	(29,835)
Cash flows from financing activities
Interest paid		(501)	(6,010)
Proceeds from bank borrowing draw downs		(1,834)	1,834
Dividends paid		(264,907)	(283,500)
Net cash flows from financing activities		(267,242)	(287,676)
Net increase in cash and cash equivalents		482,402	65,784
Cash and cash equivalents at 1 April		273,203	207,419
Cash and cash equivalents at 31 March		755,605	273,203

Sutton and District Training Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom .

The address of its registered office is:
Lawn View
Grove Park
Carshalton
SM5 3BB
England

These financial statements were authorised for issue by the Board on 19 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Sutton and District Training Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & Fittings	Straight Line 25%
Computer Equipment	Straight Line 25%
Motor Vehicles	Straight Line 25%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Sutton and District Training Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

VAT

The company is not registered for VAT.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods

Staff numbers

Sutton and District Training Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

3 Revenue

4 Staff Costs

The average number of persons employed by the company (including directors) during the year, was 23 (2024 - 39).

5	Auditors' remuneration

	31 March 2025 £	31 March 2024 £
Audit of the financial statements	9,600	-

6	Profit before tax

Arrived at after charging/(crediting)

	31 March 2025 £	31 March 2024 £
Depreciation expense	16,689	15,230

Sutton and District Training Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

7	Tangible assets

Furniture, fittings and equipment
£

Motor vehicles
£

Total
£

Cost or valuation

At 1 April 2024

283,222

9,750

292,972

Additions

38,844

-

38,844

At 31 March 2025

322,066

9,750

331,816

Depreciation

At 1 April 2024

244,846

2,438

247,284

Charge for the year

14,861

1,828

16,689

At 31 March 2025

259,707

4,266

263,973

Carrying amount

At 31 March 2025

62,359

5,484

67,843

At 31 March 2024

38,376

7,312

45,688

8

Debtors

Current

31 March
2025
£

31 March
2024
£

Trade debtors

-

90,000

Other debtors

79,635

111,385

79,635

201,385

Sutton and District Training Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

9

Creditors

Creditors: amounts falling due within one year

	Note	31 March 2025 £	31 March 2024 £
Due within one year
Loans and borrowings	11	-	1,834
Trade creditors		104,409	138,396
Taxation and social security		157,260	130,987
Accruals and deferred income		17,760	8,386
Other creditors		248,661	7,940
		528,090	287,543

10	Share capital

Allotted, called up and fully paid shares

	31 March 2025		31 March 2024
	No.	£	No.	£
Ordinary share capital of £1 each	100	100	100	100

11	Loans and borrowings

Current loans and borrowings

	31 March 2025 £	31 March 2024 £

Bank borrowings	-	1,834

12

Dividends

Interim dividends paid

	31 March 2025 £	31 March 2024 £
Interim dividend of £1.00 per each Ordinary share capital	264,907	283,500

Sutton and District Training Limited

DETAILED PROFIT AND LOSS ACCOUNT

Sutton and District Training Limited

DETAILED PROFIT AND LOSS ACCOUNT

	Furniture, fittings and equipment £	Motor vehicles £	Total £
Cost or valuation
At 1 April 2024	283,222	9,750	292,972
Additions	38,844	-	38,844
At 31 March 2025	322,066	9,750	331,816
Depreciation
At 1 April 2024	244,846	2,438	247,284
Charge for the year	14,861	1,828	16,689
At 31 March 2025	259,707	4,266	263,973
Carrying amount
At 31 March 2025	62,359	5,484	67,843
At 31 March 2024	38,376	7,312	45,688

Current	31 March 2025 £	31 March 2024 £
Trade debtors	-	90,000
Other debtors	79,635	111,385
	79,635	201,385