The Period & Listed Retrofit Academy Ltd 31/03/2023 iXBRL
The Period & Listed Retrofit Academy Ltd 31/03/2023 iXBRL
Company registration number:
12531499
THE PERIOD & LISTED RETROFIT ACADEMY LTD
STATEMENT OF FINANCIAL POSITION
31 MARCH 2023
2023 | 2022 | ||||||||
Note | £ | £ | £ | £ | |||||
Current assets | |||||||||
Debtors | 5 |
|
|
||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year | 6 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net current liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Net liabilities |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Profit and loss account | 7 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Shareholders deficit |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
21 December 2023
, and are signed on behalf of the board by:
Director
Company registration number:
12531499
THE PERIOD & LISTED RETROFIT ACADEMY LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Studio K, Business Support Centre, Caddsdown Industrial Estate, Bideford, Devon, EX39 4AP.
Principal activity
The principal activity of the company is that of training courses.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Judgements and key sources of estimation uncertainty
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities.
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022: Nil).
5.
Debtors
2023 | 2022 | |||
£ | £ | |||
Other debtors |
|
|
||
_______ | _______ | |||
6.
Creditors: amounts falling due within one year
2023 | 2022 | |||
£ | £ | |||
Accruals and deferred income |
|
|
||
Other creditors | 304 | 154 | ||
_______ | _______ | |||
454 | 304 | |||
_______ | _______ | |||
7.
Reserves
8.
Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value | Balance owed by/(owed to) | ||||
2023 | 2022 | 2023 | 2022 | ||
£ | £ | £ | £ | ||
|
(
|
(
|
(
|
(
|
|
_______ | _______ | _______ | _______ | ||