REGISTERED NUMBER: 03371736 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

NOW TRAINING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs F A Meyer

A J Meyer

SECRETARY:

Mrs F A Meyer

REGISTERED OFFICE:

Ware Priory

High Street

Ware

Hertfordshire

SG12 9AL

REGISTERED NUMBER:

03371736 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

34,668

42,340

Investments

6

34,600

34,600

Investment property

7

565,240

565,240

634,508

642,180

CURRENT ASSETS

Debtors

8

814,791

623,381

Cash at bank and in hand

630,410

482,303

1,445,201

1,105,684

CREDITORS

Amounts falling due within one year

9

1,561,749

1,166,686

NET CURRENT LIABILITIES

(116,548

)

(61,002

)

TOTAL ASSETS LESS CURRENT LIABILITIES

517,960

581,178

CREDITORS

Amounts falling due after more than one year

10

(233,477

)

(300,336

)

PROVISIONS FOR LIABILITIES

(1,323

)

(1,323

)

NET ASSETS

283,160

279,519

CAPITAL AND RESERVES

Called up share capital

11,100

10,010

Retained earnings

272,060

269,509

283,160

279,519

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th August 2026 and were signed on its behalf by:

A J Meyer - Director

1.	STATUTORY INFORMATION

Now Training Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1st April 2025

and 31st March 2026

139,692

AMORTISATION

At 1st April 2025

and 31st March 2026

139,692

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st April 2025

73,077

56,245

129,322

Additions

3,349

-

3,349

At 31st March 2026

76,426

56,245

132,671

DEPRECIATION

At 1st April 2025

68,399

18,583

86,982

Charge for year

1,605

9,416

11,021

At 31st March 2026

70,004

27,999

98,003

NET BOOK VALUE

At 31st March 2026

6,422

28,246

34,668

At 31st March 2025

4,678

37,662

42,340

6.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1st April 2025

and 31st March 2026

34,600

NET BOOK VALUE

At 31st March 2026

34,600

At 31st March 2025

34,600

7.	INVESTMENT PROPERTY

The fair value of the Investment Property £565,240 has been arrived at on the basis of the revaluation of land previously purchased and new land acquired in the year. The Directors have confirmed that this valuation is appropriate at 31st March 2026.

Fair value at 31st March 2026 is represented by:

£

Valuation in 2025

52,025

Cost

513,215

565,240

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

777,760

560,422

Other debtors

37,031

62,959

814,791

623,381

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

63,430

60,000

Trade creditors

1,166,855

927,669

Taxation and social security

166,545

107,321

Other creditors

164,919

71,696

1,561,749

1,166,686

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

233,477

300,336

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

296,907

360,336

National Westminster bank Plc has a legal charge against land owned by the company at Deynes Farm , Deynes Road , Debden , Saffron Walden OB11 3LG by way of a fixed charge against the property.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2026 and 31st March 2025:

2026

2025

£

£

A J Meyer

Balance outstanding at start of year

17,369

28,165

Amounts advanced

79,870

76,204

Amounts repaid

(87,000

)

(87,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,239

17,369

Mrs F A Meyer

Balance outstanding at start of year

19,602

32,062

Amounts advanced

79,954

74,540

Amounts repaid

(87,000

)

(87,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,556

19,602