ID_TRAINING_&_DEVELOPMENT - Accounts

This report is made solely to the Board of Directors of ID Training & Development Limited, as a body, in accordance with the terms of our engagement letter dated 16 October 2012. Our work has been undertaken solely to prepare for your approval the financial statements of ID Training & Development Limited and state those matters that we have agreed to state to the Board of Directors of ID Training & Development Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ID Training & Development Limited and its Board of Directors as a body, for our work or for this report.

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the director that she will continue to give financial support to the company for at least twelve months from the date of signing these accounts.

On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Turnover represents net invoiced sales (excluding Flat Rate VAT) plus accrued income calculated in accordance with Application Note G to FRS 5 "Reporting the Substance of Transactions".