BVS Training Limited - Filleted accounts

Registered number

03826869

BVS Training Limited

Filleted Accounts

31 August 2025

BVS Training Limited
Registered number:		03826869
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		200,887			147,593
Tangible assets	4		18,387			13,671
			219,274			161,264

Current assets
Stocks		3,500			3,500
	5	100,415			22,045
Cash at bank and in hand		71,301			262,692
		175,216			288,237

Creditors: amounts falling due within one year	6	(329,967)			(364,614)

Net current liabilities			(154,751)			(76,377)

Total assets less current liabilities			64,523			84,887


Provisions for liabilities			(3,650)			(3,650)


Net assets			60,873			81,237

Capital and reserves
Called up share capital			100			100
Profit and loss account			60,773			81,137

Shareholder's funds			60,873			81,237

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr L Bond
Director
Approved by the board on 18 August 2026

BVS Training Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents the value of services rendered net of value added tax to the care industry. Income is recognised on a performance basis and the amount received for future years has been carried forward and showed as deferred income In Note 6 , in accordance with FRS102.

	Development and portal costs
	This represents the costs of producing , upgrading and creating eLearning courses for the care industry and website portal costs.. The costs are amortised over the expected useful lives and indicated in Note 3 to the accounts

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant machinery			25% on reducing balance
	Fixtures, fittings, tools and equipment			25% on reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					6		5


3	Course materials & Portal costs							£


	Cost
	At 1 September 2024							337,879
	Additions							87,246
	At 31 August 2025							425,125

	Amortisation
	At 1 September 2024							190,286
	Provided during the year							33,952
	At 31 August 2025							224,238

	Net book value
	At 31 August 2025							200,887
	At 31 August 2024							147,593

	The agggregate costs here is a combination of Course materials and website portal costs . The basis of amortisation has changed whereby the course materials having a longer life are amortised over 10 years and portal costs over 5 years in line with current usages. .


4	Tangible fixed assets
		Fixtures & Fittings		Plant and machinery etc		Office Equipment		Total
£			£		£		£
	Cost
	At 1 September 2024	15,503		81,588		101,046		198,137
	Additions	271		420		5,724		6,415
	At 31 August 2025	15,774		82,008		106,770		204,552

	Depreciation
	At 1 September 2024	15,373		77,490		91,603		184,466
	Charge for the year	-		-		1,699		1,699
	At 31 August 2025	15,373		77,490		93,302		186,165

	Net book value
	At 31 August 2025	401		4,518		13,468		18,387
	At 31 August 2024	130		4,098		9,443		13,671


5	Debtors					2025		2024
£							£

	Trade debtors					17,897		17,628
	Directors loan account.					68,651		-
	Other debtors					13,867		4,417
						100,415		22,045

	Directors loan repaid by 31.03.2026 with Interest.

6	Creditors: amounts falling due within one year					2025		2024
£							£

	Drectors Loans/ Credit card					-		17,046
	Bank Overdraft.					1,579		1,678
	Trade creditors					28,405		26,917
	Deferred Income					256,075		292,588
	Taxation and social security costs					12,432		26,385
	Other creditors.					31,476		-
						329,967		364,614


7	Other information

	BVS Training Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Suite 139
	The Light Box
	111 Power Road
	Chiswick. London
	W4 5 PY