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REGISTERED NUMBER: 06976381 (England and Wales)















Financial Statements

for the period

1 April 2019 to 31 December 2019

for

CPL TRAINING GROUP LIMITED

CPL TRAINING GROUP LIMITED (REGISTERED NUMBER: 06976381)

Contents of the Financial Statements
for the period 1 April 2019 to 31 December 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CPL TRAINING GROUP LIMITED

Company Information
for the period 1 April 2019 to 31 December 2019







Directors: A J Giles
D S Walsh
L Sui





Registered office: Waterloo Place
Watson Square
Stockport
Cheshire
SK1 3AZ





Registered number: 06976381 (England and Wales)





Auditors: Haines Watts Manchester Limited, Statutory Auditor
Northern Assurance Buildings
9-21 Princess Street
Manchester
M2 4DN

CPL TRAINING GROUP LIMITED (REGISTERED NUMBER: 06976381)

Balance Sheet
31 December 2019

2019 2019
Notes £ £ £ £
Fixed assets
Intangible assets 5 - 6,191
Tangible assets 6 17,447 13,731
Investments 7 32,304 32,304
49,751 52,226

Current assets
Debtors 8 396,390 494,207
Cash at bank 172,663 155,120
569,053 649,327
Creditors
Amounts falling due within one year 9 530,327 700,243
Net current assets/(liabilities) 38,726 (50,916 )
Total assets less current liabilities 88,477 1,310

Provisions for liabilities 2,579 574
Net assets 85,898 736

Capital and reserves
Called up share capital 11 200 200
Retained earnings 85,698 536
Shareholders' funds 85,898 736

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2020 and were
signed on its behalf by:





D S Walsh - Director


CPL TRAINING GROUP LIMITED (REGISTERED NUMBER: 06976381)

Notes to the Financial Statements
for the period 1 April 2019 to 31 December 2019


1. Statutory information

CPL Training Group 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.

The company's trading address is Bridge Court, 110 Canning Street, Birkenhead, CH41 1EW.

2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified
within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the
Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

Going concern
On 1 January 2020, the company hived up their trade, assets and liabilities to CPL Learning Limited and then
ceased to trade. CPL Learning Limited is a company under common control.

Preparation of consolidated financial statements
The financial statements contain information about CPL Training Group Limited as an individual company and
do not contain consolidated financial information as the parent of a group. The company is exempt under
Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as
it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its
parent, Mondiale Hospitality Holdings LLP, Waterloo Place, Watson Square, Stockport, Cheshire, SK1 3AZ.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Revenue is recognised to the extent that is is probable that the economic benefits will flow to the company and
the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or
receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also
be met before revenue is recognised:

Revenue to provide services is recognised in the period in which the services are provided in accordance with
the stage of completion when all the following conditions are satisfied.

• the amount of revenue can be measured reliably;

• it is probable that the company will receive the consideration;

Intangible assets
Goodwill represents the difference between amounts paid on the cost of a business combination and the
acquirer's interest in the fair value of its identifiable assets and liabilities of the aquiree at the date of
acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and
accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of
comprehensive income over its useful economic life of 3 years.

CPL TRAINING GROUP LIMITED (REGISTERED NUMBER: 06976381)

Notes to the Financial Statements - continued
for the period 1 April 2019 to 31 December 2019


3. Accounting policies - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% straight line

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any
accumulated impairment losses. Historical costs includes expenditure that is directly attributable to bringing the
asset to the location and condition necessary for it to be capable of operating in the manner intended by
management.

Investments in subsidiaries
Investments in subsidiaries are measured at cost less accumulated impairment.

Financial instruments
Financial liabilities and equity are classified according to the substance of the financial instrument's contractual
obligations, rather than its legal form.

The company's cash at bank and in hand and trade and other debtors and its trade and other creditors and
bank overdrafts are measured initially at the transaction price, including transaction costs, and subsequently at
amortised cost using the effective interest method. Debt instruments that are payable or receivable within one
year are measured at the undiscounted amount of the cash or other consideration expected to be paid or
received.

Current and deferred taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,
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.

Operating leases
Rentals paid under operating leases are charged to the Statement of comprehensive income on a straight line
basis over the lease term.

Pension costs and other post-retirement benefits
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension
plan under which the Company pays fixed contributions into a separate entity. Once the contributions have
been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of comprehensive income when they fall due.
Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the
plan are held separately from the Company in independently administered funds.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured
initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the
effective interest method, less any impairment.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost
using the effective interest method.

4. Employees and directors

The average number of employees during the period was 34 (2019 - 9 ) .

CPL TRAINING GROUP LIMITED (REGISTERED NUMBER: 06976381)

Notes to the Financial Statements - continued
for the period 1 April 2019 to 31 December 2019


5. Intangible fixed assets
Goodwill
£
Cost
At 1 April 2019
and 31 December 2019 75,395
Amortisation
At 1 April 2019 69,204
Charge for period 6,191
At 31 December 2019 75,395
Net book value
At 31 December 2019 -
At 31 March 2019 6,191

6. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£ £ £
Cost
At 1 April 2019 69,558 59,543 129,101
Additions 2,276 12,980 15,256
Disposals (25,995 ) (52,121 ) (78,116 )
At 31 December 2019 45,839 20,402 66,241
Depreciation
At 1 April 2019 57,849 57,521 115,370
Charge for period 7,256 3,441 10,697
Eliminated on disposal (25,152 ) (52,121 ) (77,273 )
At 31 December 2019 39,953 8,841 48,794
Net book value
At 31 December 2019 5,886 11,561 17,447
At 31 March 2019 11,709 2,022 13,731

CPL TRAINING GROUP LIMITED (REGISTERED NUMBER: 06976381)

Notes to the Financial Statements - continued
for the period 1 April 2019 to 31 December 2019


7. Fixed asset investments

Subsidiary undertakings

The following were subsidiary undertakings of the Company:


Name Class of
shares Holding

UK Legion Marketing Ltd Ordinary 100%
CPL Training Limited Ordinary 100%
CPL Online Limited (previously CPL Learning Limited) Ordinary 100%
ABV Training Limited Ordinary 100%
CPL Legal Limited Ordinary 100%
CPL Publications Limited Ordinary 100%
P L Experts Limited Ordinary 100%
CPL Hospitality Limited Ordinary 100%

8. Debtors: amounts falling due within one year
2019 2019
£ £
Trade debtors 251,787 311,474
Other debtors 3,191 9,749
Prepayments and accrued income 141,412 172,984
396,390 494,207

9. Creditors: amounts falling due within one year
2019 2019
£ £
Bank loans and overdrafts 40 -
Trade creditors 99,621 137,160
Amounts owed to group undertakings 32,304 32,104
Taxation and social security 153,609 185,111
Other creditors 244,753 345,868
530,327 700,243

10. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2019 2019
£ £
Within one year - 15,003

11. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal 2019 2019
value: £ £
20,000 Ordinary £0.01 200 200

CPL TRAINING GROUP LIMITED (REGISTERED NUMBER: 06976381)

Notes to the Financial Statements - continued
for the period 1 April 2019 to 31 December 2019


12. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Antony Sassen (Senior Statutory Auditor)
for and on behalf of Haines Watts Manchester Limited, Statutory Auditor

13. Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately
from those of the company in an independently administered fund. The pension cost charge represents
contributions payable by the company to the fund amounted to £25,661 (31 March 2019 - £7,488).
Contributions totalling £3,672 (31 March 2019 - £1,937) were payable to the fund at the reporting date and are
included in creditors.

14. Related party transactions

During the period a management charge of £nil (31 March 2019 - £5,000) had been charged to a company
under common control.

During the period, amounts owed to directors of £17,000 (31 March 2019 - £nil) was waived.

15. Post balance sheet events

On 1 January 2020, the company hived up their trade, assets and liabilities to CPL Learning Limited and then
ceased to trade. CPL Learning Limited is a company under common control.

16. Ultimate controlling party

The immediate parent undertaking of the company is CPL Hospitality Group Limited, incorporated in England
and Wales. The registered office of CPL Hospitality Group Limited is Waterloo Place, Watson Square,
Stockport, England, SK1 3AZ.

The parent undertaking of the smallest and largest group for which consolidated accounts are prepared is
Mondiale Hospitality Holdings LLP. Consolidated accounts are available from their registered office at Waterloo
Place, Watson Square, Stockport, Cheshire, SK1 3AZ.

Mondiale Hospitality Holdings LLP is ultimately controlled by D S Walsh.