REGISTERED NUMBER: 04714327 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

1 AUGUST 2025 TO 31 MARCH 2026

FOR

P.T.P. TRAINING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R. Colbourne

C.P. Crane

J.W. Minshaw

SECRETARY:

J.W. Minshaw

REGISTERED OFFICE:

Chamber House

Innovation Village

Cheetah Road

Coventry

West Midlands

CV1 2TL

REGISTERED NUMBER:

04714327 (England and Wales)

AUDITORS:

Dafferns LLP

Statutory Auditor

One Eastwood

Harry Weston Road

Binley Business Park

Coventry

CV3 2UB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

937,895

899,150

937,895

899,150

CURRENT ASSETS

Debtors

6

402,147

391,901

Cash at bank and in hand

820,596

952,612

1,222,743

1,344,513

CREDITORS

Amounts falling due within one year

7

655,046

791,406

NET CURRENT ASSETS

567,697

553,107

TOTAL ASSETS LESS CURRENT LIABILITIES

1,505,592

1,452,257

CREDITORS

Amounts falling due after more than one year

8

(28,951

)

(32,951

)

PROVISIONS FOR LIABILITIES

(60,000

)

(49,090

)

NET ASSETS

1,416,641

1,370,216

CAPITAL AND RESERVES

Called up share capital

10

130

130

Revaluation reserve

11

114,669

114,669

Capital redemption reserve

700,000

700,000

Retained earnings

601,842

555,417

SHAREHOLDERS' FUNDS

1,416,641

1,370,216

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2026 and were signed on its behalf by:

R. Colbourne - Director

1.	STATUTORY INFORMATION

P.T.P. 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.

During the period, the Company changed its accounting reference date from 31 July to 31 March in order to align its reporting period with that of the group of which it became a member during the year.

Accordingly, these financial statements cover the 8-month period from 1 August 2025 to 31 March 2026. Comparative figures are presented for the 12-month period ended 31 July 2025 and are therefore not directly comparable with the current period.

The change in accounting reference date has not affected the accounting policies applied in preparing the financial statements.

Turnover

Turnover comprises revenue arising from the delivery of educational courses under contracts with customers. Turnover is recognised at the fair value of the consideration to which the company expects to be entitled, excluding discounts, rebates, VAT and other sales taxes.

Grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company has complied with conditions attaching to them.

Goodwill

Acquired goodwill is written off in full in the year of acquisition.

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.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is provided at the following annual rates in order to write off the cost of the asset over the term of their useful life.

Freehold property

-

2% on cost

Leasehold property

-

33% on cost

Fixtures and fittings

-

33% straight line

Computer equipment

-

33% on cost

Motor vehicles

-

25% reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 period was 71 (2025 - 69 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2025

and 31 March 2026

20,000

AMORTISATION

At 1 August 2025

and 31 March 2026

20,000

NET BOOK VALUE

At 31 March 2026

-

At 31 July 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 August 2025

1,062,781

914,241

1,977,022

Additions

97,223

6,611

103,834

At 31 March 2026

1,160,004

920,852

2,080,856

DEPRECIATION

At 1 August 2025

343,343

734,529

1,077,872

Charge for period

15,248

49,841

65,089

At 31 March 2026

358,591

784,370

1,142,961

NET BOOK VALUE

At 31 March 2026

801,413

136,482

937,895

At 31 July 2025

719,438

179,712

899,150

Cost or valuation at 31 March 2026 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2024

740,000

-

740,000

Cost

420,004

920,852

1,340,856

1,160,004

920,852

2,080,856

If freehold property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

803,295

803,295

Aggregate depreciation

244,503

232,253

The Freehold property was valued on an open market basis on 28 June 2024 by PBG Chartered Surveyors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

46,171

66,727

Other debtors

355,976

325,174

402,147

391,901

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

6,000

5,998

Trade creditors

243,095

-

Taxation and social security

144,354

429,676

Other creditors

261,597

355,732

655,046

791,406

The hire purchase liabilities are secured on the assets to which the agreements relate.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

28,951

32,951

The hire purchase liabilities are secured on the assets to which the agreements relate.

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

£

Net obligations repayable:

Within one year

6,000

5,998

Between one and five years

28,951

32,951

34,951

38,949

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

30

Ordinary

£1

30

30

100

A Redeemable

£1

100

100

130

130

11.

RESERVES

Revaluation

reserve

£

At 1 August 2025

and 31 March 2026

114,669

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Geoffrey Cox BA FCA (Senior Statutory Auditor)

for and on behalf of Dafferns LLP

13.	OTHER FINANCIAL COMMITMENTS

At 31 March 2026, the company had total commitments under non-cancellable operating leases over the remaining life of those leases totalling £124,606 (2025: £166,039).

14.	ULTIMATE CONTROLLING PARTY

On 13 November 2025 the company was acquired and became a wholly owned subsidiary of Coventry & Warwickshire Chamber of Commerce (Limited by Guarantee). The consolidated accounts are available at Chamber House, Innovation Village, Cheetah Road, Coventry, CV1 2TL.