REGISTERED NUMBER: 03688228 (England and Wales)

Financial Statements

for the Year Ended 31st March 2025

for

SYSTEMS & NETWORK TRAINING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Groombridge

Mrs I Groombridge

SECRETARY:

Mrs I Groombridge

REGISTERED OFFICE:

Robert Denholm House

Bletchingley Road

Nutfield

Redhill

Surrey

RH1 4HW

REGISTERED NUMBER:

03688228 (England and Wales)

ACCOUNTANTS:

Cheeld Wheeler & Co

Chartered Certified Accountants

Redhill Chambers

2d High Street

Redhill

Surrey

RH1 1RJ

FIXED ASSETS

Tangible assets

4

12,709

16,779

CURRENT ASSETS

Debtors

5

234,246

137,914

Cash at bank

53,721

45,962

287,967

183,876

CREDITORS

Amounts falling due within one year

6

233,894

93,734

NET CURRENT ASSETS

54,073

90,142

TOTAL ASSETS LESS CURRENT LIABILITIES

66,782

106,921

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

66,682

106,821

SHAREHOLDERS' FUNDS

66,782

106,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 19th November 2025 and were signed on its behalf by:

Mrs I Groombridge - Director

S J Groombridge - Director

1.	STATUTORY INFORMATION

Systems & Network Training Ltd 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.

Turnover

Turnover represents revenue recognised in the accounts. Revenue is recognised when the company fulfils its contractual obligations to customers by supplying goods and services, and excludes value added tax.

Customers are invoiced in advance of the commencement of the course, and revenue is recognised at the time the course takes place. Where customers have opted to subscribe for a series of courses under the voucher scheme, the revenue is recognised with reference to the period of the subscription.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2024

12,854

43,034

55,888

Additions

900

-

900

At 31st March 2025

13,754

43,034

56,788

DEPRECIATION

At 1st April 2024

5,376

33,733

39,109

Charge for year

1,870

3,100

4,970

At 31st March 2025

7,246

36,833

44,079

NET BOOK VALUE

At 31st March 2025

6,508

6,201

12,709

At 31st March 2024

7,478

9,301

16,779

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

215,293

119,388

Other debtors

5,768

5,768

Prepayments

13,185

12,758

234,246

137,914

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

20,239

2,994

Tax

9,493

9,775

Social security and other taxes

7,936

12,044

Other creditors

1,537

8,162

VAT

36,493

16,707

Income received in advance

144,024

36,907

Credit card

3,752

3,485

Directors' current accounts

7,920

1,160

Accrued expenses

2,500

2,500

233,894

93,734

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.	RELATED PARTY DISCLOSURES

The directors received interest of £436 on their current account.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors, Mr and Mrs Groombridge, who between them hold the entire issued share capital of the company.