BET Group was B'Ham Comm Training Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04392052 (England and Wales)

BIRMINGHAM ELECTRICAL TRAINING GROUP

LIMITED

Unaudited Financial Statements for the Year Ended 30 September 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J W Sims

Mrs S M Sims

Mr J Sims

SECRETARY:

Mrs S M Sims

REGISTERED OFFICE:

34 Brearley Street

Hockley

Birmingham

West Midlands

B19 3NR

REGISTERED NUMBER:

04392052 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

48,391

53,189

Investments

5

100

100

Investment property

6

631,999

631,999

680,490

685,288

CURRENT ASSETS

Debtors

7

12,920

16,475

Cash at bank and in hand

288

447

13,208

16,922

CREDITORS

Amounts falling due within one year

8

271,281

259,549

NET CURRENT LIABILITIES

(258,073

)

(242,627

)

TOTAL ASSETS LESS CURRENT LIABILITIES

422,417

442,661

CREDITORS

Amounts falling due after more than one year

9

330,829

353,342

NET ASSETS

91,588

89,319

CAPITAL AND RESERVES

Called up share capital

50

50

Revaluation reserve

11

142,398

142,398

Capital redemption reserve

50

50

Retained earnings

(50,910

)

(53,179

)

SHAREHOLDERS' FUNDS

91,588

89,319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2020 and were signed on its behalf by:

Mr J W Sims - Director

1.	STATUTORY INFORMATION

Birmingham Electrical Training Group 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.

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

Fixtures and fittings

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 October 2018

and 30 September 2019

30,047

475,940

505,987

DEPRECIATION

At 1 October 2018

29,446

423,352

452,798

Charge for year

151

4,647

4,798

At 30 September 2019

29,597

427,999

457,596

NET BOOK VALUE

At 30 September 2019

450

47,941

48,391

At 30 September 2018

601

52,588

53,189

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2018

and 30 September 2019

100

NET BOOK VALUE

At 30 September 2019

100

At 30 September 2018

100

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2018

and 30 September 2019

631,999

NET BOOK VALUE

At 30 September 2019

631,999

At 30 September 2018

631,999

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

5,660

5,660

VAT

4,311

4,311

Prepayments

2,949

6,504

12,920

16,475

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

22,514

21,499

Amounts due to related undertakings

223,132

212,415

Directors' current accounts

500

500

Accrued expenses

25,135

25,135

271,281

259,549

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Bank loans - 1-5 years

114,938

97,425

Bank loans over 5 years

215,891

255,917

330,829

353,342

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years

215,891

255,917

10.	SECURED DEBTS

The following secured debts are included within creditors:

2019

2018

£

£

Bank loans

353,343

374,841

The bank loan is secured by a first fixed legal charge over the company's freehold property and by a fixed and

floating charge over all of the other assets of the company.

11.

RESERVES

Revaluation

reserve

£

At 1 October 2018

and 30 September 2019

142,398

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs Sims by virtue of their 100% shareholding.