Arbor-Venture Training Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 05585363 (England and Wales)

Financial Statements

for the Year Ended 31 March 2023

for

ARBOR-VENTURE TRAINING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms J A Hedger

SECRETARY:

REGISTERED OFFICE:

Glenwood

Crabbswood Lane

Sway

Lymington

Hampshire

SO41 6EQ

REGISTERED NUMBER:

05585363 (England and Wales)

ACCOUNTANTS:

Hunter Simmons Ltd

EMP Building

Unit 1, 4 Solent Road

Havant

Portsmouth

Hampshire

PO9 1JH

FIXED ASSETS

Tangible assets

4

9,448

10,033

CURRENT ASSETS

Stocks

-

92

Debtors

5

16,000

16,000

Cash at bank and in hand

22,748

31,396

38,748

47,488

CREDITORS

Amounts falling due within one year

6

19,671

21,831

NET CURRENT ASSETS

19,077

25,657

TOTAL ASSETS LESS CURRENT LIABILITIES

28,525

35,690

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

28,423

35,588

SHAREHOLDERS' FUNDS

28,525

35,690

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 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 director and authorised for issue on 14 July 2023 and were signed by:

Ms J A Hedger - Director

1.	STATUTORY INFORMATION

Arbor-Venture 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.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

55,139

Additions

2,567

At 31 March 2023

57,706

DEPRECIATION

At 1 April 2022

45,106

Charge for year

3,152

At 31 March 2023

48,258

NET BOOK VALUE

At 31 March 2023

9,448

At 31 March 2022

10,033

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other debtors

16,000

16,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

1

(2

)

Taxation and social security

9

4,940

Other creditors

19,661

16,893

19,671

21,831

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms J A Hedger.