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Registered number: 10910988
TradeSkills 4U Group Limited
Financial statements
Information for filing with the registrar
For the year ended 31 August 2025
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TradeSkills 4U Group Limited
Registered number: 10910988
Balance sheet
As at 31 August 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 2 to 5 form part of these financial statements.
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TradeSkills 4U Group Limited
Notes to the financial statements
For the year ended 31 August 2025
TradeSkills 4U Group Limited is a private company limited by shares and is registered and incorporated in England and Wales. The registered office is Mitre Court, Fleming Way, Crawley, RH10 9JY.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The following principal accounting policies have been applied:
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Exemption from preparing consolidated financial statements
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The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.
The Company has net current liabilities of £7,868,218 and net liabilities of £3,698,634. This includes amounts due to group undertakings of £7,875,346.
City & Guilds Limited, as the owner of the issued share capital of TradeSkills 4U Group Limited has undertaken to provide the necessary support of up to £12,300,000 to ensure the company and its subsidiary TradeSkills 4U Limited continues in operation for a period of at least 12 months from the date of approval of the accounts of the company for the year ended 31 August 2025.
Therefore, the directors believe it is appropiate to prepare the accounts to 31 August 2025 on a going concern basis and there will be no adverse effect on solvency for more than 12 months after the date of approval of the financial statements.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Investments in subsidiaries are measured at cost less accumulated impairment.
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TradeSkills 4U Group Limited
Notes to the financial statements
For the year ended 31 August 2025
2.Accounting policies (continued)
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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The average monthly number of employees, including the directors, during the year was 2 (2024 - 2):
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Investments in subsidiary companies
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The following was a subsidiary undertaking of the Company:
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Mitre Court, Fleming Way, Crawley, West Sussex, RH10 9JY
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TradeSkills 4U Group Limited
Notes to the financial statements
For the year ended 31 August 2025
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Amounts owed to related pary undertakings include £7,835,921 (2024: £7,263,512) relating to loans which are secured by a fixed rate and floating charge over the assets of the company and its subsidiary. The
loan carries interest at the base rate plus 3% per annum and there is no specified repayment date attached to
the loan so has been treated as repayable on demand.
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Allotted, called up and fully paid
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72,200 (2024 - 72,200) Ordinary A shares of £0.01 each
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30,200 (2024 - 30,200) Ordinary B shares of £0.01 each
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500 (2024 - 500) Ordinary C shares of £0.01 each
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Share premium account
The excess of consideration received for shares issued above their nominal value net of transaction costs.
Profit and loss account
Cumulative profit and loss net of distributions to owners.
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Related party transactions
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The company has taken advantage of the exemptions provided by the paragraph FRS 102 Section 33.1A and has not disclosed transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is party to the transactions is wholly owned by a member of that group.
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TradeSkills 4U Group Limited
Notes to the financial statements
For the year ended 31 August 2025
The smallest group in which the results of the company are consolidated is that headed by The
City and Guilds of London Institute. Copies of The City and Guilds of London Institute consolidated financial
statements for the year ended 31 August 2025 are publicly available and can be obtained from the Charity
Commission.
On 31 October 2025, the ultimate parent undertaking, The City and Guilds of London Institute, completed the divestment of its commercial activities, which included the shares of the company which were sold to City & Guilds Limited. City & Guilds Limited was then acquired by the PeopleCert Group. The ultimate parent undertaking of TradeSkills 4U Group Limited from this date is PeopleCert Holdings Europe Limited.
The auditors' report on the financial statements for the year ended 31 August 2025 was unqualified.
The audit report was signed on 26 May 2026 by Helen Besant-Roberts (Senior Statutory Auditor) on behalf of Hurst Accountants Limited.
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