Gold Tap Training Limited 13184971 false 2025-03-01 2026-02-28 2026-02-28 The principal activity of the company is to provide training for water and other industries. Digita Accounts Production Advanced 6.30.9574.0 true true 13184971 2025-03-01 2026-02-28 13184971 2026-02-28 13184971 core:RetainedEarningsAccumulatedLosses 2026-02-28 13184971 core:ShareCapital 2026-02-28 13184971 core:CurrentFinancialInstruments 2026-02-28 13184971 core:CurrentFinancialInstruments core:WithinOneYear 2026-02-28 13184971 core:FurnitureFittingsToolsEquipment 2026-02-28 13184971 core:LandBuildings 2026-02-28 13184971 core:MotorVehicles 2026-02-28 13184971 core:OtherPropertyPlantEquipment 2026-02-28 13184971 bus:SmallEntities 2025-03-01 2026-02-28 13184971 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 13184971 bus:FilletedAccounts 2025-03-01 2026-02-28 13184971 bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 13184971 bus:RegisteredOffice 2025-03-01 2026-02-28 13184971 bus:Director1 2025-03-01 2026-02-28 13184971 bus:Director2 2025-03-01 2026-02-28 13184971 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 13184971 core:FurnitureFittingsToolsEquipment 2025-03-01 2026-02-28 13184971 core:LandBuildings 2025-03-01 2026-02-28 13184971 core:MotorVehicles 2025-03-01 2026-02-28 13184971 core:OtherPropertyPlantEquipment 2025-03-01 2026-02-28 13184971 core:PlantMachinery 2025-03-01 2026-02-28 13184971 core:Vehicles 2025-03-01 2026-02-28 13184971 countries:EnglandWales 2025-03-01 2026-02-28 13184971 2025-02-28 13184971 core:FurnitureFittingsToolsEquipment 2025-02-28 13184971 core:LandBuildings 2025-02-28 13184971 core:MotorVehicles 2025-02-28 13184971 core:OtherPropertyPlantEquipment 2025-02-28 13184971 2024-03-01 2025-02-28 13184971 2025-02-28 13184971 core:RetainedEarningsAccumulatedLosses 2025-02-28 13184971 core:ShareCapital 2025-02-28 13184971 core:CurrentFinancialInstruments 2025-02-28 13184971 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 13184971 core:FurnitureFittingsToolsEquipment 2025-02-28 13184971 core:LandBuildings 2025-02-28 13184971 core:MotorVehicles 2025-02-28 13184971 core:OtherPropertyPlantEquipment 2025-02-28 iso4217:GBP xbrli:pure

Registration number: 13184971

Gold Tap Training Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2026

Gold Tap Training Limited

(Registration number: 13184971)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 38,457 | 32,998
Current assets |  |  |
Debtors | 5 | 67,688 | 72,078
Cash at bank and in hand |  | 254,015 | 243,873
|  | 321,703 | 315,951
Creditors: Amounts falling due within one year | 6 | (152,325) | (71,342)
Net current assets |  | 169,378 | 244,609
Total assets less current liabilities |  | 207,835 | 277,607
Provisions for liabilities |  | (9,614) | (4,832)
Net assets |  | 198,221 | 272,775
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 198,121 | 272,675
Shareholders' funds |  | 198,221 | 272,775

For the financial year ending 28 February 2026 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Gold Tap Training Limited

(Registration number: 13184971)
Balance Sheet as at 28 February 2026

Approved and authorised by the Board on 23 April 2026 and signed on its behalf by:

......................................... Mrs K L Scott Director
......................................... Mr N Scott Director

Gold Tap Training Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 1 Lower Gallants Business Park
Lower Road
East Farleigh
Maidstone
Kent
ME15 0JS
United Kingdom

These financial statements were authorised for issue by the Board on 23 April 2026.

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.

Going concern

The financial statements have been prepared on a going concern basis.

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.

Gold Tap Training Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tax

The tax expense for the period comprises current and deferred 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet 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
Land and Buildings | 25% Reducing balance
Furniture and Fittings | 25% Reducing balance
Motor Vehicles | 25% Reducing balance
Plant and Machinery | 25% Reducing balance

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.

Gold Tap Training Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

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.

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 profit and loss account 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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 6).

Gold Tap Training Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 March 2025 | 3,579 | 38,834 | 8,850 | 8,262 | 59,525
Additions | - | 13,401 | 693 | 1,840 | 15,934
At 28 February 2026 | 3,579 | 52,235 | 9,543 | 10,102 | 75,459
Depreciation
At 1 March 2025 | 2,157 | 17,860 | 3,976 | 2,534 | 26,527
Charge for the year | 355 | 7,090 | 1,290 | 1,740 | 10,475
At 28 February 2026 | 2,512 | 24,950 | 5,266 | 4,274 | 37,002
Carrying amount
At 28 February 2026 | 1,067 | 27,285 | 4,277 | 5,828 | 38,457
At 28 February 2025 | 1,422 | 20,974 | 4,874 | 5,728 | 32,998

Included within the net book value of land and buildings above is £1,422 (2025 - £1,422) in respect of freehold land and buildings and £Nil (2025 - £Nil) in respect of short leasehold land and buildings.

Gold Tap Training Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 41,512 | 45,210
Prepayments | 21,039 | 15,531
Other debtors | 5,137 | 11,337
| 67,688 | 72,078

6 | Creditors

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 7 | 72,000 | -
Trade creditors |  | 5,643 | 30,316
Taxation and social security |  | 64,307 | 33,052
Accruals and deferred income |  | 2,000 | 1,850
Other creditors |  | 8,375 | 6,124
|  | 152,325 | 71,342

7 | Loans and borrowings

Current loans and borrowings

| 2026 £ | 2025 £
Other borrowings | 72,000 | -