Microcom Training Limited

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

Registered number: SC126684

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		416,137		415,449

			416,137		415,449
CURRENT ASSETS
Debtors	5	28,509		50,460
Cash at bank and in hand		142,449		289,439

		170,958		339,899
Creditors: Amounts Falling Due Within One Year	6	(21,565 )		(58,512 )

NET CURRENT ASSETS (LIABILITIES)			149,393		281,387

TOTAL ASSETS LESS CURRENT LIABILITIES			565,530		696,836

PROVISIONS FOR LIABILITIES
Deferred Taxation			(198 )		(1,586 )

NET ASSETS			565,332		695,250

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			565,232		695,150

SHAREHOLDERS' FUNDS			565,332		695,250

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Microcom Training Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 James MacDonald

Director

16/07/2026

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

1. General Information

Microcom Training Limited is a private company, limited by shares, incorporated in Scotland, registered number SC126684 . The registered office is 2nd Floor, Belgrave Court, Rosehall Road, Bellshill, Lanarkshire, ML4 3NR.

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. 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.

2.3. 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:

Freehold	5%
Fixtures & Fittings	15%
Computer Equipment	25%

2.4. Financial Instruments

The company only has basic financial instruments.

Short term debtors are measures at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsuquently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measures subsuquently at amortised cost using the effective interest method.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Microcom Training Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account in the period to which they relate.

2.7. Government Grant

Government grants of a revenue nature received or receivable are credited to the profit and loss account as they fall due.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2025: 10)

4. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	410,170	89,458	198,003	697,631
Additions	-	-	3,356	3,356

As at 31 March 2026	410,170	89,458	201,359	700,987

Depreciation
As at 1 April 2025	3,067	87,530	191,585	282,182
Provided during the period	355	289	2,024	2,668

As at 31 March 2026	3,422	87,819	193,609	284,850

Net Book Value
As at 31 March 2026	406,748	1,639	7,750	416,137

As at 1 April 2025	407,103	1,928	6,418	415,449

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	24,365	46,707
Prepayments and accrued income	2,894	2,503
Other debtors	1,250	1,250

	28,509	50,460

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Microcom Training Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	630	1,580
Other taxes and social security	10,634	9,949
Other creditors	1,916	-
Accruals and deferred income	7,248	45,846
Directors' loan accounts	1,137	1,137

	21,565	58,512

7. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2025	1,586	1,586
Deferred taxation	(1,388 )	(1,388 )

Balance at 31 March 2026	198	198

The deferred tax provision relates to capital allowances in advance of depreciation.

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	213	-
Later than one year and not later than five years	-	853

	213	853

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