The Apprenticeship Training Agency Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10715655 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 February 2020

for

The Apprenticeship Training Agency Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J M Henry

D Naylor

SECRETARY:

REGISTERED OFFICE:

302 Cirencester Business Park

Cirencester

Gloucestershire

GL7 1XD

REGISTERED NUMBER:

10715655 (England and Wales)

ACCOUNTANTS:

Accounting by Design (UK) Limited

302 Cirencester Bsness Park

Love Lane

Cirencester

Gloucestershire

GL7 1XD

CURRENT ASSETS

Debtors

4

50,542

86,712

Cash at bank and in hand

86,169

15,451

136,711

102,163

CREDITORS

Amounts falling due within one year

5

87,436

93,726

NET CURRENT ASSETS

49,275

8,437

TOTAL ASSETS LESS CURRENT LIABILITIES

49,275

8,437

CREDITORS

Amounts falling due after more than one year

6

2,929

500

NET ASSETS

46,346

7,937

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

46,336

7,927

46,346

7,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2020 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 26 February 2021 and were signed on its behalf by:

D Naylor - Director

1.	STATUTORY INFORMATION

The Apprenticeship Training Agency 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2019 - 15 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.20

28.2.19

£

£

Trade debtors

47,620

86,352

Amounts owed by group undertakings

2,922

360

50,542

86,712

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.20

28.2.19

£

£

Trade creditors

2,521

694

Amounts owed to group undertakings

32,659

29,999

Taxation and social security

26,128

23,543

Other creditors

26,128

39,490

87,436

93,726

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.2.20

28.2.19

£

£

Other creditors

2,929

500