North West Community Services Training L - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02011397 (England and Wales)

Financial Statements

for the Year Ended 31 March 2018

for

North West Community Services Training

Ltd

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

P C Cook

M W Baines

C W Murray

SECRETARY:

M W Baines

REGISTERED OFFICE:

3rd Floor

Butt Dyke House

33 Park Row

Nottingham

NG1 6EE

BUSINESS ADDRESS:

Charnock Road

Fazakerley

Liverpool

L9 6AW

REGISTERED NUMBER:

02011397 (England and Wales)

AUDITORS:

HSKS Greenhalgh

Chartered Accountants &

Statutory Auditor

3rd Floor

Butt Dyke House

33 Park Row

Nottingham

NG1 6EE

FIXED ASSETS

Tangible assets

4

10,991

2,915

CURRENT ASSETS

Debtors

71,128

594,141

Cash at bank and in hand

3,703

2,469

74,831

596,610

CREDITORS

Amounts falling due within one year

77,253

81,149

NET CURRENT (LIABILITIES)/ASSETS

(2,422

)

515,461

TOTAL ASSETS LESS CURRENT LIABILITIES

8,569

518,376

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

8,469

518,276

SHAREHOLDERS' FUNDS

8,569

518,376

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 20 December 2018 and were signed on its behalf by:

M W Baines - Director

1.	STATUTORY INFORMATION

North West Community Services Training 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company made a profit before tax of £4,936 (2017: £27,759) for the year ended 31 March 2018.

Financial forecasts prepared indicate that the group will remain profitable. It is on this basis, and given

the continuing financial support of the group companies, that the directors consider that the company

will have adequate cash resources available to fund its trading and other obligations during the course

of the twelve months from the date the financial statements are approved. Consequently, the accounts

have been prepared on a going concern basis.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102

'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related

party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents amounts receivable for agreed contracted services provided, net of VAT.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated

to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment

25-50% straight line

Motor vehicles

25% straight line

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position 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.

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 22 (2017 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2017

53,921

Additions

13,189

Disposals

(8,999

)

At 31 March 2018

58,111

DEPRECIATION

At 1 April 2017

51,006

Charge for year

5,113

Eliminated on disposal

(8,999

)

At 31 March 2018

47,120

NET BOOK VALUE

At 31 March 2018

10,991

At 31 March 2017

2,915

5.	SECURED DEBTS

On 18 July 2016, a mortgage debenture was registered and under the terms of which, the group's

bankers hold a fixed and floating charge over the company's assets in respect of group borrowings.

The company is registered for value added tax under group registration provisions and is therefore

jointly and severally liable for the tax due by the companies registered with it. As at 31 March 2018 net

value added tax due by the other companies registered with it amounted to £1,562 (2017: £1,438).

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

1

100

100

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Philip Handley FCA (Senior Statutory Auditor)

for and on behalf of HSKS Greenhalgh

8.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Peter Cook Limited. The registered office is 3rd Floor, Butt Dyke

House, 33 Park Row, Nottingham, NG1 6EE. Copies of the group accounts for Peter Cook Limited are

available from Companies House. This is the only group that the company is consolidated into for the

year.