Company Registration No. 09740421 (England and Wales)
Practical Training Ltd
Unaudited accounts
for the year ended 31 August 2025
Practical Training Ltd
Unaudited accounts
Contents
Practical Training Ltd
Company Information
for the year ended 31 August 2025
Director
Rhys Gwaun Thomas
Company Number
09740421 (England and Wales)
Registered Office
1 CASTLE GARDENS
CALDICOT
GWENT
NP26 4QP
WALES
Accountants
Chepstow Small Business Accountants Ltd
1 Oak Bluff
Pwllmeyric
Chepstow
Monmouthshire
NP16 6JZ
Practical Training Ltd
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
2,496
2,303
Creditors: amounts falling due within one year
(3,817)
(3,361)
Net current assets
8,760
8,027
Called up share capital
10
10
Profit and loss account
8,750
8,017
Shareholders' funds
8,760
8,027
For the year ending 31 August 2025 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 January 2026 and were signed on its behalf by
Rhys Gwaun Thomas
Director
Company Registration No. 09740421
Practical Training Ltd
Notes to the Accounts
for the year ended 31 August 2025
Practical Training Ltd is a private company, limited by shares, registered in England and Wales, registration number 09740421. The registered office is 1 CASTLE GARDENS, CALDICOT, GWENT, NP26 4QP, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Tangible fixed assets
Computer equipment
Practical Training Ltd
Notes to the Accounts
for the year ended 31 August 2025
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,677
3,121
Loans from directors
1,070
-
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 0 (2024: 1).