Registration number:
Anzio Training Limited
for the Year Ended 5 April 2022
Anzio Training Limited
Contents
Company Information |
|
Accountants' Report |
|
Balance Sheet |
|
Notes to the Unaudited Financial Statements |
Anzio Training Limited
Company Information
Directors |
Mrs D E Collier Mr A R Collier |
Registered office |
|
Accountants |
|
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Anzio Training Limited
for the Year Ended 5 April 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Anzio Training Limited for the year ended 5 April 2022 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Anzio Training Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Anzio Training Limited and state those matters that we have agreed to state to the Board of Directors of Anzio Training 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 Anzio Training Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Anzio Training Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Anzio Training Limited. You consider that Anzio Training Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Anzio Training Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH
Anzio Training Limited
(Registration number: 04325538)
Balance Sheet as at 5 April 2022
Note |
2022 |
2021 |
|
Fixed assets |
|||
Tangible assets |
|
|
|
Investment property |
- |
|
|
|
|
||
Current assets |
|||
Debtors |
|
- |
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
|
Net current liabilities |
( |
( |
|
Total assets less current liabilities |
( |
|
|
Provisions for liabilities |
( |
( |
|
Net (liabilities)/assets |
( |
|
|
Capital and reserves |
|||
Called up share capital |
1,003 |
1,003 |
|
Retained earnings |
(26,536) |
55,505 |
|
Shareholders' (deficit)/funds |
(25,533) |
56,508 |
Anzio Training Limited
(Registration number: 04325538)
Balance Sheet as at 5 April 2022
For the financial year ending 5 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to small companies subject to the small company regime and the option not to file the Statement of Income and Retained Earnings and the Directors report has been taken.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Mr A R Collier
Director
Anzio Training Limited
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2022
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared using the historic cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Going concern
As at the year end, the company's balance sheet shows net current liabilities of £30,802 (2021: £41,097) and an overall deficiency of assets amounting to £25,533. Accordingly, the directors have had to consider the basis upon which the accounts shoudl be prepared and determine whether a going concern basis remains appropriate. The accounts have been prepared on a going concern basis, taking into account the impact on the business caused by the Coronavirus outbreak. To cope with this, the business accessed the relevant emergency government support available to help it through the lockdown and expects to be in a position to commence normal trading once the peak of the crisis has passed. The directors have also reviewed the position for 12 months from the date the accounts were approved and in their opinion the company will reduce the balance sheet deficiency and will show positive results for the next financial period.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Anzio Training Limited
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2022
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Property improvements |
15% reducing balance |
Plant and machinery |
25% reducing balance |
Fixtures and fittings |
25% reducing balance |
Computer equipment |
3 years straight line |
Investment property
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Tangible assets |
Property improvements |
Furniture, fittings and equipment |
Other tangible assets |
Total |
|
Cost or valuation |
||||
At 6 April 2021 |
|
|
|
|
Additions |
- |
|
- |
|
At 5 April 2022 |
|
|
|
|
Depreciation |
||||
At 6 April 2021 |
|
|
|
|
Charge for the year |
|
|
|
|
At 5 April 2022 |
|
|
|
|
Carrying amount |
||||
At 5 April 2022 |
|
|
|
|
At 5 April 2021 |
|
|
|
|
Anzio Training Limited
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2022
Investment properties |
2022 |
|
At 6 April |
|
Disposals |
( |
At 5 April |
- |
Debtors |
Current |
2022 |
2021 |
Prepayments |
|
- |
Other debtors |
|
- |
9,220 |
- |
Creditors |
Creditors: amounts falling due within one year
2022 |
2021 |
|
Due within one year |
||
Trade creditors |
|
- |
Taxation and social security |
|
|
Accruals and deferred income |
|
|
Other creditors |
|
|
|
|
Dividends |
During the year dividends were paid by the company that in retrospect exceeded the reserves available at the time. However this dividend is not illiegal as the company had reason to believe that the necessary reserves were available for distribution at the time of payment. The overdrawn reserves will be recified by the company making much reduced dividend payments in the forthcoming financial year.