The Training & Consultancy Development - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04390446 (England and Wales)

THE TRAINING AND DEVELOPMENT CONSULTANCY

(UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr W J Galton

SECRETARY:

Mrs D M Galton

REGISTERED OFFICE:

1 Brookmans Avenue

Brookmans Park

Hatfield

Hertfordshire

AL9 7QH

REGISTERED NUMBER:

04390446 (England and Wales)

ACCOUNTANTS:

P G ASSOCIATES

Accountants

1 Brookmans Avenue

Brookmans Park

Hatfield

Hertfordshire

AL9 7QH

FIXED ASSETS

Tangible assets

4

262

350

CURRENT ASSETS

Debtors

5

25,717

19,271

Cash at bank

76,243

57,183

101,960

76,454

CREDITORS

Amounts falling due within one year

6

26,842

28,345

NET CURRENT ASSETS

75,118

48,109

TOTAL ASSETS LESS CURRENT LIABILITIES

75,380

48,459

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

75,376

48,455

SHAREHOLDERS' FUNDS

75,380

48,459

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 his 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 director on 26 November 2019 and were signed by:

Mr W J Galton - Director

1.	STATUTORY INFORMATION

The Training and Development Consultancy (UK) 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.

Tangible fixed assets

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

Plant and machinery

-

25% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2018

and 31 March 2019

6,142

DEPRECIATION

At 1 April 2018

5,792

Charge for year

88

At 31 March 2019

5,880

NET BOOK VALUE

At 31 March 2019

262

At 31 March 2018

350

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

25,715

19,269

Other debtors

2

2

25,717

19,271

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

1

-

Tax

15,713

14,789

VAT

4,675

5,839

Other creditors

1,740

1,151

Directors' current accounts

2,075

3,913

Accrued expenses

2,638

2,653

26,842

28,345

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed £2,075 to the director (2018 - £3,913). This amount is repayable on

demand and is included in Creditors due within one year.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr W J Galton.