Up To Speed Training And Assessment Limited

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Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 March 2026 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Welf Accountants Limited

11/09/2026

Welf Accountants Limited

Pure Offices

Wilton Drive

Warwick

Warwickshire

CV34 6RG

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Up To Speed Training And Assessment Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 06737787

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		298,099		317,147

			298,099		317,147
CURRENT ASSETS
Debtors	5	566,526		590,597
Cash at bank and in hand		303,292		259,013

		869,818		849,610
Creditors: Amounts Falling Due Within One Year	6	(346,078 )		(419,885 )

NET CURRENT ASSETS (LIABILITIES)			523,740		429,725

TOTAL ASSETS LESS CURRENT LIABILITIES			821,839		746,872

Creditors: Amounts Falling Due After More Than One Year	7		(99,164 )		(109,868 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(8,393 )		(16,938 )

NET ASSETS			714,282		620,066

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Profit and Loss Account			713,282		619,066

SHAREHOLDERS' FUNDS			714,282		620,066

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Up To Speed Training And Assessment 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 Adrian Pulham

Director

11/09/2026

The notes on pages 4 to 7 form part of these financial statements.

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Up To Speed Training And Assessment Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Up To Speed Training And Assessment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06737787 . The registered office is 411 Long Acre, Birmingham, B7 5JX.

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	Straight Line: 4%; 10%; 33%
Plant & Machinery	10% Reducing Balance
Motor Vehicles	20% Reducing Balance
Fixtures & Fittings	15% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Up To Speed Training And Assessment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. 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 years 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.

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

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: 6)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 April 2025	276,410	27,578	48,839	4,343	357,170
Additions	-	-	-	5,960	5,960
Disposals	-	-	(13,750 )	-	(13,750 )

As at 31 March 2026	276,410	27,578	35,089	10,303	349,380

Depreciation
As at 1 April 2025	6,438	15,491	15,614	2,480	40,023
Provided during the period	1,593	1,209	6,281	875	9,958
Impairment losses	3,851	5,336	-	1,126	10,313
Disposals	-	-	(9,013 )	-	(9,013 )

As at 31 March 2026	11,882	22,036	12,882	4,481	51,281

Net Book Value
As at 31 March 2026	264,528	5,542	22,207	5,822	298,099

As at 1 April 2025	269,972	12,087	33,225	1,863	317,147

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Up To Speed Training And Assessment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Included within Land & Property is the Freehold Property 411 Long Acre, Birmingham, B7 5JX. This is recorded at cost, with subsequent improvements also being recorded at cost. There is a charge over the asset is respect of a Mortgage, details of which are disclosed in Creditors.

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	299,023	374,636
Other debtors	267,503	215,961

	566,526	590,597

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	188,979	251,479
Bank loans and overdrafts	8,616	11,423
Other creditors	2,675	3,677
Taxation and social security	145,808	153,306

	346,078	419,885

An amount of £6,800 (2025: £6,298) contained within creditors due less than one year, relates to a secured mortgage.

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	99,164	109,868

An amount of £99,164 (2025: £108,023) contained within creditors falling due after more than one year, relates to a secured mortgage.

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2026		2025
	£		£
Bank loans	66,485		78,000

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Accelerated capital allowances	8,393	16,938

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

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Up To Speed Training And Assessment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Other Commitments

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

	2026	2025
	£	£
Not later than one year	39,656	39,645
Later than one year and not later than five years	37,502	59,296
Later than five years	2,740	16,443

	79,898	115,384

11. Related Party Transactions

Within other debtors due less than one year is an amount of £250,525 (2025: £202,525) owing from the parent company. This amount is interest free and repayable on demand.

12. Parent Undertaking and Controlling Party

The company's immediate and parent undertaking is Up To Speed (Holdings) Limited . Up To Speed (Holdings) Limited was incorporated in England & Wales, Company No. 13998653; registered at 411 Long Acre B7 5JX . The controlling party is Mr A Pulham who ultimately controls 60% of the shares of Up To Speed Training And Assessment Limited .

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