P V TRAINING LIMITED - Accounts to registrar (filleted) - small 18.2

P V TRAINING LIMITED - Accounts to registrar (filleted) - small 18.2

P V TRAINING LTD - Company Information

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REGISTERED NUMBER: 07458923 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

P V TRAINING LIMITED
P V TRAINING LIMITED (REGISTERED NUMBER: 07458923)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P V TRAINING LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2019







DIRECTOR: H M Greaves



REGISTERED OFFICE: Suite 2J4 Park Business Centre
Wood Lane
Erdington
Birmingham
West Midlands
B24 9QR



REGISTERED NUMBER: 07458923 (England and Wales)



ACCOUNTANTS: J F Socci & Co Limited
83 Blackwood Road
Streetly
Sutton Coldfield
West Midlands
B74 3PW



BANKERS: Barclays Bank PLC
21 Birmingham Road
Sutton Coldfield
West Midlands
B72 1PW
Page 1
P V TRAINING LIMITED (REGISTERED NUMBER: 07458923)

BALANCE SHEET
31 March 2019

2019 2018
Notes £    £   
CURRENT ASSETS
Debtors 4 300,000 300,000
Cash at bank 1,463 7,166
301,463 307,166
CREDITORS
Amounts falling due within one year 5 255,345 281,700
NET CURRENT ASSETS 46,118 25,466
TOTAL ASSETS LESS CURRENT
LIABILITIES
46,118
25,466

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 46,117 25,465
SHAREHOLDERS' FUNDS 46,118 25,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2 continued...
P V TRAINING LIMITED (REGISTERED NUMBER: 07458923)

BALANCE SHEET - continued
31 March 2019


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 20 November 2019 and were signed by:





H M Greaves - Director


The notes form part of these financial statements

Page 3
P V TRAINING LIMITED (REGISTERED NUMBER: 07458923)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2019

1. STATUTORY INFORMATION

P V 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.

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

Taxation
Taxation for the year 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 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.

Page 4 continued...
P V TRAINING LIMITED (REGISTERED NUMBER: 07458923)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2019

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2018 - 7 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2019 2018
£    £   
Other debtors 300,000 300,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors 4,624 1,566
Taxation 4,844 997
Social security and other taxes 2,067 1,465
Other creditors 30,038 65,157
Directors' current accounts 212,572 211,315
Accrued expenses 1,200 1,200
255,345 281,700

6. RELATED PARTY DISCLOSURES

During the year Mrs H M Greaves owned a business, Professional Vocational Training Limited, to
whom wages amounting to £34,710 has been recharged under normal commercial terms. At the
balance sheet date £30,038 was outstanding on the inter company account and this is included in
other creditors.

7. ULTIMATE CONTROLLING PARTY

The controlling party is H M Greaves.

Page 5