Menter Training Limited - Accounts to registrar (filleted) - small 18.2
Menter Training Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
MENTER TRAINING LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2019 |
MENTER TRAINING LIMITED (REGISTERED NUMBER: 07493434) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 | to | 3 |
Notes to the Financial Statements | 4 | to | 6 |
MENTER TRAINING LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH JUNE 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants & Registered Auditors |
16 Lambourne Crescent |
Cardiff Business Park |
Llanishen |
Cardiff |
CF14 5GF |
MENTER TRAINING LIMITED (REGISTERED NUMBER: 07493434) |
BALANCE SHEET |
30TH JUNE 2019 |
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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. |
MENTER TRAINING LIMITED (REGISTERED NUMBER: 07493434) |
BALANCE SHEET - continued |
30TH JUNE 2019 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
MENTER TRAINING LIMITED (REGISTERED NUMBER: 07493434) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2019 |
1. | STATUTORY INFORMATION |
Menter Training Limited is a |
registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added |
tax and other sales taxes. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any |
accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Computer equipment - 33.33% Straight Line |
Office equipment - 13% Straight Line |
Training equipment - 12.5% Straight Line |
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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
MENTER TRAINING LIMITED (REGISTERED NUMBER: 07493434) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH JUNE 2019 |
2. | ACCOUNTING POLICIES - continued |
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 |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
Additions |
At 30th June 2019 |
AMORTISATION |
Charge for year |
At 30th June 2019 |
NET BOOK VALUE |
At 30th June 2019 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1st July 2018 |
Additions |
At 30th June 2019 |
DEPRECIATION |
At 1st July 2018 |
Charge for year |
Eliminated on disposal |
At 30th June 2019 |
NET BOOK VALUE |
At 30th June 2019 |
At 30th June 2018 |
MENTER TRAINING LIMITED (REGISTERED NUMBER: 07493434) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30TH JUNE 2019 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
Other debtors | ( |
) |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
Included in other creditors is an amount of £62,022 (2018 £62,122) which is owed to the directors. These loans are |
provided interest free. |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2019 | 2018 |
£ | £ |
Other creditors |
9. | RELATED PARTY DISCLOSURES |
During the year Menter Training Ltd was recharged £9,473 (2018 £14,562) for expenses and overheads by Pineshield Ltd. |
Menter Training Ltd provided training services to Pineshield Management Ltd totalling £6,757 (£11,557). |
An amount of £59,000 (£20,000) in respect of a loan was due to Pineshield Ltd at the end of the period. |
Mr J Dwyer, Mrs C Dwyer and Mr M Perrett were all directors of Pineshield Management Limited at the reporting date. |
10. | ULTIMATE CONTROLLING PARTY |
The controlling party is the directors.. |
11. | GOING CONCERN |
These accounts have been prepared on the going concern basis on reliance of capital being introduced by the shareholders. |