Nrs Training Services Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC585551

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2		6,665

			2		6,665
CURRENT ASSETS
Debtors	5	7,413		26
Cash at bank and in hand		2,359		18,028

		9,772		18,054
Creditors: Amounts Falling Due Within One Year	6	(193,984 )		(155,196 )

NET CURRENT ASSETS (LIABILITIES)			(184,212 )		(137,142 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(184,210 )		(130,477 )

Creditors: Amounts Falling Due After More Than One Year	7		(606 )		(7,870 )

NET LIABILITIES			(184,816 )		(138,347 )

CAPITAL AND RESERVES
Called up share capital	9		19,999		19,999
Profit and Loss Account			(204,815 )		(158,346 )

SHAREHOLDERS' FUNDS			(184,816)		(138,347)

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Nrs Training Services Ltd

Balance Sheet (continued)

As At 30 May 2025

For the year ending 30 May 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Raymond Evans

Director

23/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Nrs Training Services Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC585551 . The registered office is Drumbreck Farm, Eastfield Road, Caldercruix, ML6 7RP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The directors have considered the company's financial position, cash flow forecasts, and future prospects in the context of the risks and uncertainties arising from the current economic environment.

In making this assessment, the directors have taken into account all available information about the future, covering a period of at least 12 months from the date of approval of these financial statements. This assessment includes a review of the company's cash flow forecasts and other projections, as well as an evaluation of the company's borrowing facilities and other available financial resources.

The directors acknowledge that there are uncertainties, which may cast doubt upon the company's ability to continue as a going concern. Despite these uncertainties, the directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, they continue to adopt the going concern basis in preparing the annual financial statements.

The directors have a reasonable expectation that the company will be able to meet its liabilities as they fall due and to operate within the available cash and borrowing facilities.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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Nrs Training Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 May 2025

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Fixtures & Fittings	25% straight line
Computer Equipment	25% straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 31 May 2024	49,641	1,216	4,689	55,546

As at 30 May 2025	49,641	1,216	4,689	55,546

Depreciation
As at 31 May 2024	43,298	1,113	4,470	48,881
Provided during the period	6,343	102	218	6,663

As at 30 May 2025	49,641	1,215	4,688	55,544

Net Book Value
As at 30 May 2025	-	1	1	2

As at 31 May 2024	6,343	103	219	6,665

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Nrs Training Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 May 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	35	26
VAT	7,378	-

	7,413	26

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
VAT	-	272
Inter company - Geo Structural Ltd	184,979	145,979
Accruals and deferred income	1,740	1,680
Bounce Back Loan < 1 year	7,265	7,265

	193,984	155,196

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bounce Back Loan > 1 year	606	7,870

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	19,999	19,999

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