4 01/12/2024 30/11/2025 2025-11-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-12-01 Sage Accounts Production 25.0 - FRS102_2025 xbrli:pure xbrli:shares iso4217:GBP SC256315 2024-12-01 2025-11-30 SC256315 2025-11-30 SC256315 2024-11-30 SC256315 2023-12-01 2024-11-30 SC256315 2024-11-30 SC256315 2023-11-30 SC256315 core:PlantMachinery 2024-12-01 2025-11-30 SC256315 core:FurnitureFittingsToolsEquipment 2024-12-01 2025-11-30 SC256315 core:MotorVehicles 2024-12-01 2025-11-30 SC256315 bus:RegisteredOffice 2024-12-01 2025-11-30 SC256315 bus:LeadAgentIfApplicable 2024-12-01 2025-11-30 SC256315 bus:Director1 2024-12-01 2025-11-30 SC256315 bus:CompanySecretary1 2024-12-01 2025-11-30 SC256315 core:NetGoodwill 2025-11-30 SC256315 core:PlantMachinery 2024-11-30 SC256315 core:FurnitureFittingsToolsEquipment 2024-11-30 SC256315 core:MotorVehicles 2024-11-30 SC256315 core:PlantMachinery 2025-11-30 SC256315 core:FurnitureFittingsToolsEquipment 2025-11-30 SC256315 core:MotorVehicles 2025-11-30 SC256315 core:WithinOneYear 2025-11-30 SC256315 core:WithinOneYear 2024-11-30 SC256315 core:AfterOneYear 2024-11-30 SC256315 core:ShareCapital 2025-11-30 SC256315 core:ShareCapital 2024-11-30 SC256315 core:RetainedEarningsAccumulatedLosses 2025-11-30 SC256315 core:RetainedEarningsAccumulatedLosses 2024-11-30 SC256315 core:BetweenOneFiveYears 2025-11-30 SC256315 core:BetweenOneFiveYears 2024-11-30 SC256315 core:NetGoodwill 2024-11-30 SC256315 core:PlantMachinery 2024-11-30 SC256315 core:FurnitureFittingsToolsEquipment 2024-11-30 SC256315 core:MotorVehicles 2024-11-30 SC256315 bus:SmallEntities 2024-12-01 2025-11-30 SC256315 bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 SC256315 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 SC256315 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 SC256315 bus:FullAccounts 2024-12-01 2025-11-30
Company registration number: SC256315
Independent Training Solutions Limited
Unaudited filleted financial statements
30 November 2025
Independent Training Solutions Limited
Contents
Directors and other information
Balance sheet
Notes to the financial statements
Independent Training Solutions Limited
Directors and other information
Director A. White
Secretary A. White
Company number SC256315
Registered office Springfield
Winchester Avenue
Denny
Stirlingshire
FK6 6QE
Accountant N Woodburn FCA
100 Station Road
Bannockburn
Stirling
FK7 8JP
Independent Training Solutions Limited
Balance sheet
30 November 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 14,448 10,443
_______ _______
14,448 10,443
Current assets
Debtors 7 39,756 60,589
Cash at bank and in hand 120,498 137,277
_______ _______
160,254 197,866
Creditors: amounts falling due
within one year 8 ( 32,620) ( 47,398)
_______ _______
Net current assets 127,634 150,468
_______ _______
Total assets less current liabilities 142,082 160,911
Creditors: amounts falling due
after more than one year 9 - ( 7,500)
_______ _______
Net assets 142,082 153,411
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 142,081 153,410
_______ _______
Shareholder funds 142,082 153,411
_______ _______
For the year ending 30 November 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 member has 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 Profit and Loss Account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 09 July 2026 , and are signed on behalf of the board by:
A. White
Director
Company registration number: SC256315
Independent Training Solutions Limited
Notes to the financial statements
Year ended 30 November 2025
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Springfield, Winchester Avenue, Denny, Stirlingshire, FK6 6QE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable services rendered, net of discounts and Value Added Tax.
Revenue from the provision of services is recognised when the service is completed, usually on the issue of an invoice and is reduced for estimated customer rebates and other similar alllowances; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.
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 and has been written off in full now.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
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:
Plant and machinery - 33.33 % reducing balance
Fittings fixtures and equipment - 15 % reducing balance
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).
5. Intangible assets
Goodwill Total
£ £
Cost
At 1 December 2024 and 30 November 2025 10,700 10,700
_______ _______
Amortisation
At 1 December 2024 and 30 November 2025 10,700 10,700
_______ _______
Carrying amount
At 30 November 2025 - -
_______ _______
At 30 November 2024 - -
_______ _______
6. Tangible assets
Plant and machinery Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 December 2024 24,612 12,456 90,808 127,876
Additions 2,532 - 7,083 9,615
Disposals - - ( 5,540) ( 5,540)
_______ _______ _______ _______
At 30 November 2025 27,144 12,456 92,351 131,951
_______ _______ _______ _______
Depreciation
At 1 December 2024 23,080 10,864 83,489 117,433
Charge for the year 1,355 239 3,462 5,056
Disposals - - ( 4,986) ( 4,986)
_______ _______ _______ _______
At 30 November 2025 24,435 11,103 81,965 117,503
_______ _______ _______ _______
Carrying amount
At 30 November 2025 2,709 1,353 10,386 14,448
_______ _______ _______ _______
At 30 November 2024 1,532 1,592 7,319 10,443
_______ _______ _______ _______
7. Debtors
2025 2024
£ £
Trade debtors 31,756 52,058
Other debtors 8,000 8,531
_______ _______
39,756 60,589
_______ _______
8. Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 9,032 11,942
Trade creditors 7,689 13,529
Corporation tax 293 5,897
Social security and other taxes 10,253 11,467
Other creditors 5,353 4,563
_______ _______
32,620 47,398
_______ _______
9. Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans and overdrafts - 7,500
_______ _______
10. Operating leases
The company as lessee
The total future minimum lease payments under non-cancellable operating leases are as follows:
£ £
Not later than 1 year 788 788
Later than 1 year and not later than 5 years 788 1,576
_______ _______
1,576 2,364
_______ _______