The Bold Type Training & Consultancy Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11544956

The Bold Type Training & Consultancy Limited

Filleted Unaudited Financial Statements

31 August 2025

The Bold Type Training & Consultancy Limited

Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	12,000	28,168
Tangible assets	6	32,137	2,485
		--------	--------
		44,137	30,653

Current assets

Stocks		25,000	–
Debtors	7	54,186	38,870
Cash at bank and in hand		83,785	12,521
		---------	--------
		162,971	51,391

Creditors: amounts falling due within one year	8	56,531	26,211
		---------	--------
Net current assets		106,440	25,180
		---------	--------
Total assets less current liabilities		150,577	55,833

Creditors: amounts falling due after more than one year	9	30,441	35,154
		---------	--------
Net assets		120,136	20,679
		---------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	120,036	20,579
	---------	--------
Shareholders funds	120,136	20,679
	---------	--------

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.

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.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The Bold Type Training & Consultancy Limited

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 13 May 2026 , and are signed on behalf of the board by:

Mrs R J Jackson Reece
Director

Company registration number: 11544956

The Bold Type Training & Consultancy Limited

Notes to the Financial Statements

Year ended 31 August 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 16 Ffordd Morgan, Llay, Wrexham, LL12 0RR.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The director has prepared the accounts on a going concern basis as the business is going through a transitional period following which the director forecasts strong growth and an improvement in the company's financial position.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

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:

	Goodwill	-	20% straight line

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 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 equity, 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity 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:

Motor vehicles	-	25% reducing balance
Equipment	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of 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 such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.

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 as a finance cost 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 3 (2024: 2 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 September 2024 and 31 August 2025	80,840
	--------
Amortisation
At 1 September 2024	52,672
Charge for the year	16,168
	--------
At 31 August 2025	68,840
	--------
Carrying amount
At 31 August 2025	12,000
	--------
At 31 August 2024	28,168
	--------

6. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 September 2024	–	4,868	4,868
Additions	30,655	9,709	40,364
	--------	--------	--------
At 31 August 2025	30,655	14,577	45,232
	--------	--------	--------
Depreciation
At 1 September 2024	–	2,383	2,383
Charge for the year	7,664	3,048	10,712
	--------	--------	--------
At 31 August 2025	7,664	5,431	13,095
	--------	--------	--------
Carrying amount
At 31 August 2025	22,991	9,146	32,137
	--------	--------	--------
At 31 August 2024	–	2,485	2,485
	--------	--------	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	16,134	18,704
Other debtors	38,052	20,166
	--------	--------
	54,186	38,870
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	4,713	4,308
Social security and other taxes	49,503	20,636
Other creditors	2,315	1,267
	--------	--------
	56,531	26,211
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	30,441	35,154
	--------	--------

10. Director's advances, credits and guarantees

The director operates a loan account with the company. At the start of the year the balance was £20,166 in debit (2024 £2,108 in debit) and at the balance sheet date the balance was £6,986 in debit (2024 £20,166 in debit). The loan is interest free and repayable upon demand.