COMPANY REGISTRATION NUMBER: 11203319
CHARITY REGISTRATION NUMBER". 1189584
ABS TRAINING LTD
Company Limited by Guarantee
Unaudited Financial Statements
29 February 2024
WHITESIDE AND DAVIES LTD
Chartered Certified Accountanls
158 Cromwell Road
Salford
M6 6DE

ABS TRAINING LTD
Company Llmlted by Guarantse
Flnanclal Statements
Year ended 29 February 2024
Page
Trustees, annual report (incorporating the directorfs report)
Independent examinerfs report to the trustees
Statement of financial actsvit￿$ (Ind￿lir￿j income and
expenditure account)
Statement of financial position
Noles to the financial statements
10

ABS TrAINING LTD
Company Llmlted by Guarantee
Trustees. Annual Report (Incorporatlng the Directorfs Report) le￿d￿￿o￿l
Year ended 29 February 2024
The trustees. who are also the dire¢lorn for the purposes of company law. present their report and the
unauditad financial statements of the charity for the year ended 29 February 2024.
Referen￿ and •dmlnlstratlv• d•lalls
Rfjglst•r￿ charfty name
ABS TRAINING LTD
Ch*rlty ro91strallon number
1189584
Company r•gl•tratlon number 11203319
Pilnclp•l offi¢• and r•gl•t•r•d CIO IhThiteshde & Davies
office
158 Crorrmell R￿d
EnglaThd
M6 60E
Th• tru8t•••
Mr l Goldberg
Mro Jung
MrA Worch
Ind•p•nd•nt •xafflln•r
D Polak
158 crony￿11 Road
soff￿d
M6 6DE
Stru¢tuM. gov•man¢• •nd man•g•m•nt
ABS Training Ltd is a ctynpany ltsnited by guarantee incorwrated on 13th February 2018 and is
governe(l Lry Its am•nded memorandum and articles of 8¥gcck8lion. dated al 5th February 2019.
registered by the Charity Commisstr)n on 20th May 2020. The Oirectorsffrustees am responsible for
the governance of the organi88tion and are xtive in all op¢ratb)nal aspects of Strateg￿ management.
Major policy decisions are decvjed at full Diredor5 1 Tru$tots meetings.
The DirectOrn￿N$t0es in office throughout tho yoar w8r&'. Mr 08her Jung, Mr 1888¢ Goldbery, Mr
Avrom Worch. The above are stlll In post al ￿ dale of the approval of the accounts. All trustsas seNe
at their post for this charty volunlarity. There are no trustees employed by, or have any beneficial
inlere$l in the charty. Details of any rel*ed party transacti￿$ aro di$¢losed as applicable in the note8
to the accounts. The Iruslees have been advwl of any defects or Omiss￿￿$ and have ensured that
they ar• ¢ofr•¢tod. No tFU8lee nor any pernon connected with them T•ceNed any remuneration during
the year.
Obl•ctlvo8 •nd a¢tlvllles
The object ofth• ¢harty ts..
The advancement of edUca￿n by malntainiTrJ the eS￿li$hm0rt1 of an Xadery for the schoollng of
SecU￿r and rel*3MlUS Studies.
Charitable a¢tiviti•s Include..
al Edl￿atIon and Trawling to Y(￿ng wcrfnen aged 1&19 from Mir￿lI1e$ grcwps to support them
towards better empk*yment opportunities. Educ*ion and Training i1￿￿deS.. National Accrediled
Qualification Cours8$ and exams. pastoral and tutorial Sthrets. guest $wkers. vocational course$.

ABS TRAINING LTD
Company Limited by Guarantee
Trustses. Annual Report (Incorporating the Directorfs Report)
Year ended 29 February 2024
employability skills training. career guidance and events. bl Youth activities and s¢xial events for
young women from di$advantsged gTOUPS to improve t￿lT quality of Ilfe. Increase their recreational
outlets, promoting posilNe wellbeing and personal development. Adivities inGlude-. weekly warm
lunches. trips and hikes. annual ovemight retr&*. music. drama and dance @vents. social actwilies
and talent workshops.
Ourvlsion
Our vision is a worfd in whtch 811 people have access to quality education and equal employment
opportunitiOS.
Our Mlssion
To provide quality education and progression routes for young women for wh¢Jn 8t8tutory servlces fall
$ho¢ and who Stfuggle to reach their potential due lo extenuating factors, such as rellgion. pjverty
andlor ability.
Our Responso
ABS Training Ltd is a lead￿1g further education establishment for young wc#n&n from the Orthodox
Jewish community. We support young wmien aged 1&19 years to access qualty, mainstream
education. improving their employment prospects and reducing hisloricalty high povety and inequallty.
Annually. we provide a variety of accre(liteil and skills-based programmes with clear progression
routes. Thi5 is supptemenied by PSHE, cumural and community projects which provide gro￿ and
wellbeing opportunities.
Natlonal Accredlted Courses:
We provide a range of National k¢redited Course8 to enable our students to qualify for various
employment opportunities. We are committed to 8X¢8118nee in educat¢on with robust Quality assuranc8
pre¢edures in place. Courses are delNered by qualified and competent staff. We are a registered
Exam Centre with JCQ and the ￿levant Awarding Bodies.
Courses..
AqT Accounting Level 3
Maths A Level
Art A Level
BTEC Art and Deslgn Level 2 and Level 3
BTEC Creative Media Level 2
NCFE Supporting Teaching and Leaming Level 3
8CS ECDL computers levels 1-24
OCR Business Level 2
Vocatlonal cournos and Worflsho
A variety of vocational courses and work$hops are availablg each tem). Students choose a COUTse
based on their interest. TaEenls are developed, selFwconfidence is boosted. friendships are created and
the general happy atsnosphere improves student wellbging. Professiona15 and local business
entrepreneurs deliver the w0￿6h0ps. Students broaden their career choices by r￿alVIng a taster in a
variety of employment sectors.
Couvses and workshop8:
Hairstyling - Haircutting.
Home Organisation
Fine art- Oil Painting, Pyrography
Fruit and Food Presentation
Aerobics and swimming
Photoshop. Illustrator. and Audaclty

ABS TRAINING LTD
Company Llmited by Guarantee
Trustses. Annual Report (IncorpOra￿ng the Directorfs Report) f¢oftttnu¥dJ
Year ended 29 February 2024
Sewing and Atterations
Intro to Special Needs. Rdexology, and 0￿UpatiOnal therapy.
Finance and Budgeting
Computers- Word, Excel and PowerPoint.
Soeial Actlvities
The 50cial activiligs and pr￿rarnmes are planned and led by students. This creates opportunities lo
develop their se￿￿onfidenCe. leamwofking. communication. budgeting. and teadership skills. Talents
and personal strengths are developed as sludenl shine in their creational ou118ts. Preparations are
enjoyed as much as the events as they create friendship. develop their talents and grow in a happy
atmo8phere.
Social events include:
Healthy breakfasts and brunch
Twice a week wami lunch
Trips lo the beach, countryside, trampolining.
Convention8
Monthly soclal act1vrt￿S and games
Annu￿ weekend retreat in the countryside wilh guest speakers and full programme. Musi¢al, Dance
and Drama Event. Learners rehearse and prepare for weeks prior lo this event which is attenéed by
many c¢)mmunty membws.
Our Measufès of Su¢ce$s
We implement robu51 MEL {Moniloring, Evaluation and Leamingl pr¢xesses to measure success and
track each indivldual's progress. as well as to quanlfy outputs and share learning. ILPS {Individual
Learning Plans) are used lo track eath leamef¥ progress on a steady basis and ts recorded on our
Sludenl Tracking Database. Outputs are mea$ur8d through robust record keeping. including
attendance registers. work and mart¢ records and certification logs. aualty assurance procedures are
in place to monitor quality of teaching, learning and assessment. We do lemily surveys to participants
lo rale their experience wilh the courses, soc¢al events and employability skills development. We
record and ¢ompare each 1grm$ re$uh. SLT will dlscuss the outcomes al their meetings to anatyse
where we can improve and what achievements we have made.
Publlc benefit
The Trustees confim their complhqnce with the duty to have due ragard to the Public Benefit guidanc8
published by the Charity Commission when reviewlng the Charity's aims and objectNes and in
planning future activities.
Strateglc report
The following sections for achigvement$ and perfom)ance and financial rev¢ew fom) the strategic
report of the charity.
Achigvgments and performance
We supported 90 leamers (2022.. 951 across the year, through a variety of accredited leamlng
programmes, caregr guidance. and social activitie$. We delivered a variety of accredited IT
programmes. accredited with BCS at level 1 and 2, supporting digitally excluded young women to
access core skills. This year we hav& implemented that every student will attend an IT course to
progress in her digital 5ki115 to the next level. We see this as extremely important as many come from
schools that don't teach computers and the leamers come in with mlnimal or no computer knowledge.
We urKlerstand the Importance of bridging the digital divide in today's sertiety si￿0 most workpla￿$
rwulre IT skills. We are committed lo ensur8 that'all student$ leave the centre confident to use IT.

ABS TRAINING LTD
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporatlng the Directorfs Report) {cwJthw
Year ended 29 February 2024
We also UPgr￿ed our popuL8r NCFE Diploma for T&ichiThJ Assistant certificate from a level 2 to
level 3. This cours8 18 a popular clbxe amcwst benrfKiarie5, pfovKling employment opportuniknès in
educatlon. a massive soctor wilhin the Comrwnity. QTS-
induding topics like planning. ddNering and assessing lessons. All points were covered over the
course pwkid and airthj to 6stabtish ex￿l￿nI teaching abilits¥. good érTwloyabilty skills as well a8
88 responsibility in the work place. There was a Iwgfr wJrtion of PT*ttcal wty*, Indudlng 1￿ChIng
observaUons and plaC￿r￿nts throughout ts year.
Th8 curriculum r4 designed to be hol￿t￿ and YKlude prxucal skil, kn(wledge and pgrsonal
development. This 18 delfvered In a k)gical and clèar manner. Transferable skills are taught which will
888i618tud¢nts bOyc￿d tho v)J￿aliDn onvKi￿m￿nI into future emptyn¢nl and handling Ilfe 8ituations.
Our commitrnenl to ex¢ellen¢e In educ*bn18 $h•r¢(I by ￿1 staff. Thty havo high expectations from
1oam•r# arKI offer 1.1 supwl where required so each individugl Te8ches Ihwr potentlal. Behavtrjur
cOntinL￿s to be eXcel￿nI. and the classroom environment is conducive to a p05ttfve leamir
&xp8rtence. LèarnoTS Part￿Ipate and achieve. Attendance rate for the year was a 801hl 94%.
Attendance and punctuality is managed by "p8rsonal days" systems which has improved
attendance. Leamers show ¢¢Jnmitment to l¢amiw 8nd dem¢)n8trate prid6 in thoir achievom&nts 08
t￿Y progM8 frtyn Level 2 to Level 3.
Overall. ac￿1 accrodiw knamirvJ prqirammes w• h•v• achièved a 93% pass rate In comparison
to the Nattonal Averag• pa￿ rats 0189.9%. had an 0￿818ndIng 94% r•tontlon rata In comparison
10 tho 91.7% N8tional Average.
Our toam8f$ are melhodulty acclwnated to the worf(place through employgr involvement and work
experience built Into all our kniNJ pfogrammes. We Supported ￿meT$ wth opportunities to gain
8ki118 8rtd advi¢e. and prL¥Jress trywards empbrnwil a￿Alor fvrthgr leaming, d•llvering career
guidance workshops. wc#* pla¢em8nt$. and monloring. W• fun annual buslness and career fairn
where local profes81￿818 come to meet Ihe ￿me18 and talk abo￿ tholr training. bu8ines8. ar
experlence8. The 8ludenls galn Irem&)dousty frcAn tho88 events as il glves them thg chaneo to speak
10 tho profe$$ional¥. Ernpwn￿t & progression routos ¢￿tInUe to be excellent with 100% of our
l•amer8 having Secured empknyment andlor continued ad￿atIOn withwi the local communty.
Safeguarding continu•8 lo be 8 priffjl and w88 furt￿1 dev•knwl durlng the y8•r. Our DSO and
Deputy DSO also attended reguLgr Safeguardlng SupepAslon Groups to ke8p abwa$l of new
development$, lo ro¢•Ne support in th•r rotes. and to $hare best practlco. Loamers report that they
feel 88le and protected and kft￿ W￿re to go rf they need a0￿1￿ or h9¥>. Th•ra were no seriou8
8¥fgguarding incKlents during tho yw in r8vi**.
We continuod to develop the skilL8. ¢onfKlenc• and value8 of our leamers and alumni through our
enr¢chment pr(>Jrammes and through regular opportunitie$ for ywth leadership. Leamats developed
into responsible and respedlul citizens who play their part in s¢xi8ty. communty and public lrfe. At tho
heart of our cultural a¥areness was wr Jewsh Studies Programmg, whith was Supplemented ty
regular celebration of culluraUrelvJH)us hdidayg and induded a lot of enrthmenl opportunilies.
develwng e4infidence. skblls. valueG and identTrty. Our alumni are continwusty 8ngaged and
supported through regular convention$.
Our staff and volunteers were supported with opportunittes for tralning, progrossion. and COntin￿d
professional development. We continue lo prioriti8e a safe. SUPPOTtive and welcoming environment for
our staff with employeè satisfaction at an alRime high, evtdenced through staff r8vtews and feedbxk.
Thls year we have made some amerK1￿￿nts to the premises. we have created a classroom, more
offices lor 1..1 mentoring, and outfitted another ccffipuler roc¥n. We also extended by eonstrucling 8
11-unit m¢Jdular buikling thai has becom tyjr corrrnn rcom. this hosts all our social events, lunches

ABS TRAINING LTD
Company Limitsd by Guarantse
Trustees. Annual Report (Incorporatlng the Dlrectotr$ Report) (cwdnu80)
Year ended 29 February 2024
and l•dure5.
Key outcomes for tha yèar
' Increased learner ¢ounl. up 4% $irui last year.
' 93% pass rate ocross all accredited leaming progranynes.
' 94% ￿Me1 relenllon rate
' 94% attendance rate
' Exce119nt progression - 1￿ of com￿eterS erthar secured employment ￿ continuing ￿U¢8110rt on a
h￿her-IeveI course. . Maintsirrtd h¥h lev•16 of out8tsnding behavi(wr." Mainloined h￿h levels of
Igamer and staff satisfact¢on.
' Improved Saf•guarding and procedures.
' Delivered lor the fir81 time Supwrting Teaching ar￿ Leaming Level 3.- Expanslon to preml688 a ne
common room lo host kryctur68 and 8cÉlal 6vents." Nthv computer cla88room
' More offico spac08 for 1.1 supp)fL
Trustees afe plaa$ed with tho 9*￿1 porfmnco yo•r. frtyn a dolw and organlsation
developmenv sustainabilty focus
Fundral•lng
During the year funds were Tafj￿d from varlous charitabl8 organmt￿nS. In ordor for us lo continuo
rolling out fvrther Irainirva opportunities and youlh 8¢thAties wo plan to eslabllsh a dodicatod
lundralslng offic4 which throwJh grant writiry and outreach will generate suTrianl funds.
Fln•n¢l•l r•vl•w
We are pknased to rew1 oxcepknal ofttro ¢harty in twm of income, enrolm•nt and actNitles.
This yearf8 total incoming resource8 wefe £214,521 {2023'. £276.3821. th8 tru8te88 are satisfi•d wllh
the financlal re8uIt8 for year. with a net surplus for the year of £17,92712023'. £25.7621. Funds are
avallable lo pernit the charity lo continu• in operat￿n in the medium lo Icry temi and to continue lo
fvnd worthwhib proi8¢ts. The DIr0¢torn￿ruSteo8 have continued working hard to keep c08ts and
overheads lo a minimum wllts)ut comprcrfni8irYd on our high stsndard of serllce and professlon8li$m.
RM•rvu pollcy
The Trusteos 8im to hokl ro8orv8s of at le88t three ffKJnths' aclwrty runnlNJ ¢ost8 to 8afegu?rd th•
contlnued delivery of semces. At the year ervj. the charity did not hold free r8sew. The signlficant
decline in froe reserves 1$ twnporary. The trustee8 jU8tified that in this porticular instance, drawing
down from free reserves for the premms expansitin wag warranted in order to énsure bng-lerm
8UStainabilty. W¢fv d¢véb)ped a robust financiat strategy for108n r8payft*nt and to bring Q$8Dies
back to required level8 by January 2027.
Plans for fulure perfods
We are committed lo continuous improvwnent and deveb)wnent of our support to learners and the
ommunty. As $u¢h. trustees have set s(¥rn key goals as folSM.' . Increase ￿M￿r numbers.
supporting more young womèn do not have acce¥s to mainstream education.
Continuè
dglivgring ¢ducatlon. employrMnt a￿1 PHSE support to minoritized young women. whllst being
mindful of the cuffenl environment. including declino in mentsl healih, increased cost of living. and
hlgher than a￿rage yOLrth unemployment. . Continuousty improve teachirvJ standards, providing more
tralning and support for staff. . Diversrfy our leaming programmes. to include more digital. design, and
health care trades, to incroas¢ employment Op￿n5 avenues, in line with national and global
trends. . Incrgase the support available to young women with regards to their personal, swial and
emotional developmenL . Improve staff and student r¢cord keeping through investiThJ in appropriatè
8yStams and staff management capacty. Develop partnershps with local employers in order lo

ABS TRAINING LTD
C￿TrPany Umltod by Guarant•e

ABS TRAINING LTD
Company Limlted by Guarantse
Independent Examlnerfs Report to the T￿￿tse$ of A8S TRAINING LTD
Year endod 29 February 2024
I report lo the tru$lees on my examination of the financial Su￿•nts of ABS TRAINING LTD
tharity'l lor the year ended 29 Febnwy 2024.
Rospon$lbllltlo• Ind ba818 of r•port
As the Injslees of the company {•nd afso Its directors for the purposes of company law) you are
responsib￿ for the preparation of the financial stslemenls In aecordance with the iequiremenls of the
Crynpanies Act 2(M)8 (Ihe 2006 Act.).
Having Satisfied my$ell that the a¢Munts of the ¢c*npany ￿ not required lo be audited under Part 18
of th9 2006 Acl and are eligible for independent examination, I rw¢yt in respect of my examination of
the charty's accounts as c8rr*d out under sectlon 145 of the Chariti88 Act 2011 {'the 2011 Acl'l. In
carrylng out my examination I have Idl￿¥9d the DlrxtK)ns given by tho Charity Commissk)n under
section 14515)Ibl of the 2011 Act.
Ind•p•nd•Tht •x•mln•f• •t*twn•nl
I have completed my examinatM?n. I confim) thal no matterd have to my attentlon in connectlon
wilh the examination giving me e8u88 to bellav6'.
a¢countiro rK(Yds not kyt In ra8pect of tha charty as roquir•d by 8Ktlon 386 of the
20(6 Act: or
the financwl slatemonts do nol a¢cord tho•• record8: or
the finarKi•l slatwnonts do not ¢ompty w6th Ihè r*counUng requlrem•nts of 8actlon 398 of
the 2006 Act other thon any requirement that the ac￿vnI$ givè a 'true and fair ￿¢W which
not a mattw considered as Ind8p•￿ent examination,. or
the financlal Jtatements have not b8•n prepared in ￿c￿danC• wth the methods and
prInap￿ of the Statement of Rec¢Knmended Pra¢tke for accounting and roportlng by
chariiie8 appluble to ¢hariti¢s preparbng their accounts In 8ccordarTh wlth the Finan¢lal
Reporting Standard applicable In Ihe UK and Rep￿1¢ of Ir8Land (FRS 102).
I have no concems and have com? across no other mattèrs In connection wlh the examinallon lo
which attention shoukl be dr￿M in thls rwt in order to enable a proper understanding of the
accounts to be re￿h¢d.
D Pollak
IrKlepgndent Examinw
158 Cromwell Road
Salford
M6 6DE

ABS TRAINING LTD
Company Limbted by Guarantee
Statement of Financial Actlvltles
(including Income and expendlture account)
Year ended 29 February 2024
2024
Unrestricted
funds Total funds Totsl funds
2023
Income and endowmènts
Donattons and legaGies
Investment income
166,521
48.000
166,521
48,000
228.382
48.000
Total Incom•
214.521
214.521
276.382
Exponditure
Expenditure on raislng funds..
Costs of raising donations and legacies
Expenditure on charitablè activilles
Total ex￿ndI￿re
1,983
230.465
1,983
230.465
45.938
121,229
167.167
232.448
232,448
Net lexpendlturelllnccKn& and n•t movement In funds
{17,92n
117.92n
109,215
R¢¢on¢lllatlon of fund5
Total funds brought forward
Total lunds carrled forward
392,345
392.345
283.130
374.418
374,418
392.345
Th8 Stal8mgnt of financial activities includes all gains and losses rocognised In the year.
All income and expenditure derive from contlnulng xtlvities.
The notes on ￿99$ 10 10 18 fomi p•rt of th•ge finan¢lal glatements.

ABS TRAINING LTD
29 F•bn•ry 2024
Tqn9lbkn T￿0d a•e•ts
10
1•
982,7X*
18.729
957.395
16.T29
979.479
974,124
C••h at b•nk
31102
17
#004
980.rn 1,Cth,128
613.783
874418
Fund• •fth• ¢hwty
Unr•th&thJ fvnd•
37&418
392.345
392.345
Tol•l ¢h•rhy fuTrd•
374,418
477 ofth• Comp•th kl 20￿ lo ￿MPa

ABS TRAINING LTD
Company Llmlted by Guarantee
Notes to the Flnanclal Statements
Year endgd 29 February 2024
Gon•ral Infomiatlo
The charty is a public benefit entity and a private company limitsd by guarantee. registered in
England and W8le8 and a registered charity in England and Wale$. The addre88 of the
regIste￿d offke 1$ CIO Whlta$lde & Davles, 158 Cromwell Road, England, M6 6DE.
8t•tem8nt of Qompllance
Th68e financigl ststemenls have boon prnp•red In compllance with FRS 102, 'The Flnancial
Reportlng Standard applicabla In the UK and the Republk of 11oland'. the Statement of
Recommended Practice applicable to ¢haritles proparlng their accounts in accordance with the
Financial Reportlng Standard 8pplicabl8 in the UK and Republic of Ir•larKI IFRS 1021 (Charities
SORP IFRS 102}l and th• Companiej A¢1 2006.
A¢¢ountlng poll¢l
81•l• of pr•parntlon
Tho financLol 81al8mon18 have been prepared on th8 hl8torlcal ¢08t bash, a8 rn¢xlifiod by the
revaluation of certain finan¢lal assets and Ilabllllle$ and investment proport1e$ m8a8UTed al falr
Volue through Incom or 8xpenditur¢.
The llnanclo18tatam•nl$ ore propared in st•rllng, whlch Is tho fvnctlonal currency of th• entlty.
Golng ¢onc•m
Ther• are no materlal uncertalntles about the ch8rfty'8 abllty lo contlnue.
Judgement• and koy •ourc•• of ••tlmatlon unc•rt•lnty
The pmparation of the flnanclal Statements rnqulres managem•nt lo make judgements,
•slimaté8 and 88sumpllon8 that affect Ihg amount8 reported. These e81imal88 and Judgements
are continually reviewed and aro b88od on exparienc8 and other fa¢tor8, Including expectations
of future event8 that are believed to bo reJsonabl• undèr the circum8lanc88.
Fund accountlng
Unr88tdetsd lund8 ara avallabla for u80 * the dl8cretlon of the tru8tee8 to further any of the
charttys purposes.
Designated funds are unrestricted fund8 earmarked by the tru8teas for particular future project or
¢ommlth)ent.
Restrlcted funds are Subjected to re81rictions on Ihelr expenditure declared by the donor or
through the lems of an appèal. and fall Into one of two 8ub-dasse8.' restricted incomo funds or
•ndowmenl funds.
10

ABS TRAINING LTD
Company Llmlted by Guarantee
Notes to the Flnanclal Statsments (eon&w8
Year ended 29 February 2024
Accountlng pol1cl￿ (e
Incomlng r•souvc•8
All In¢¢*niThJ r?￿Ulce$ are Included in ts stateffffit of financkql actbvitses when entitlement hos
passed to the charity., bt 18 pr(*able thal the •coTh)mic beneffts associ*ed with the transaction
will flLr•V lo the charity and the amount can be retiabty measured. Th8 followin9 specffic policies
•re applied to partlcuLar categori88 of inc¢xn&:
income from donatlons or grnnts Is recr*Jnised when ther818 ev118r￿e af entitlem￿t to the
grfé. r6ceW L8 prnbab￿ and r4nounl can be rroa8urwJ reliabty.
acy income IB recogni8ed when rxeipt is probable and enliuement 18 e8tabllshed.
income from don8t¢d gMd$ 1$ M￿￿ed at tho fair of tho got)d8 Un￿8$ Ihls is
impractical to measure reliabty. in wh￿h case the value is derived from the cost lo the donor
or the 68tirn8led re8ate value. D￿ated facilrtie$ WKI ar8 rec¢>Jnised in the
a¢Gounls when rKeived rf the value can be reliabty measured. No am￿nts arn induded for
the conlribulion of 98nernl volunteer¥.
income from conlracts for the suppty ol services 18 recognised with tho do1￿¢ry of th•
onlra¢led seryKe. Thr4 15 classified 88 unrestricttyj funds unle$8 thère 18 a conlraclual
requirement for rt to ￿ 8p8nt on a particular purpose and returned rf unspont. in whi¢h c88•
it may bo rogwded as reBtricted.
RMour¢e• •¥p•nd•d
Expenditur6 18 ro¢ognis•d w an 8wu•ls bagts as a Ik*bifty 1$ Incurred. Expenditure includes ony
VAT whkh cannot be fully recovered, and r8 cI&88rf￿d under ￿*Jingl of the statement of
flnancSal act￿111￿ lo whkh11 felale8'.
experKllture on ralllng fund8 Indudes the costs of al fundrai8lng a¢tfvitlo8. evonts,
non4writ8bkn tr*ling •divll*•, and tho s* of d(xwtad good8.
oxpefKlituro ￿ charitabh activibe$ in¢kth dl co8t8 incurred by a charity in undertaking
activities that further its charitabfe aims for the bgneffl of bts boneficlarie8. including those
$upport costs and cost$ relating lo tho 9ovemance of t￿ charity apport(oned to charitab
olher expenditure includes all e>pendiluT¢ that 1$ neither related to rnlsing fund$ for the
charity nor part of its expenditwe on chwitth xtr4ikn'es.
I costs are allc¢ated to expenditure categories renectiThJ the use of the resource. Direct c081s
attribL¢tsble to a single thty ar¢ dirtttty to that activty. Shared costs are apportioned
be￿￿￿n ae*villes they contribute to on a reasonable. juslifoble and consistanl bash.
T•nglbl• auets
Tanglble assets are ii¥balty recorded al cost, subsequenty stated at cost te88 any
accumulated deprecIa￿on and impaifftent bsses. Any tangible assets carried al revalued
amounts are recorded at the fair value at Ihe date d revaluation less any subsequent
accumulated depreoation and $ubsequent accumui*gd impairment10s3es.
11

ABS TRAINING LTD
Company Llmlted by Guarantse
Notes to the Financial Statsments
Year ended 29 February 2024
Accountlng polldes
T*nglbh asuts (c(¥Jthu•¢O
An incr•a8e in the canying ￿ount c(8n 85Set 8S 8 result of a r8valuation.18 recognised in other
reccgnlsed gains and losses. un￿¥ it reverses a charge for impainienl that has previousty been
fecognlsed as expenditure within the statem￿t of financral actwitss. A dacrease in th8 carying
amount of an asset as a re8uII of revaluation. is rwnised in other fecognised gains and los$e8,
•xc•pt to which it ¢)ffsets any prev￿US revaiualion gain, in whKh caso tho loss is Sh￿¥n within
other recognlsed gains and Ios88s on the 8tatement of finarKlal activities.
Depr•clatlon
Dopraciation 18 Co￿18ted 80 as to wr*e off cost or vahJatx)n of an a¥set. loss it8 residual
value, OV8f th¢ useful ￿OnOMIC Nle of th* 8sW as follo￿.
Flxlures and ffittln
20% str*ght lin&
Inve•tmonts
Unlisted equlty Investment8 are Inltlally fecorded at co8t, WKI lubsequentty measured at f8
value. V fair value cannot be Telthly rr*8sUr￿. as￿￿ aré m8a8ured at cost les8 impaimienl.
Ll•t4d invMkn•nts af• m•￿Urnd * lair valw wllh charyes In fair valuo belng recogni$•d in
i￿Orne or expend￿ure.
Inv•th•nts In ••*xlat••
Investments in assoclales accounted for in *cordanco the ¢osl are record•d at c￿1
1861 ￿Y accumulated Impalm￿lI088￿.
Inveslments In 088OCk4t•8 ￿Count￿d for h accordance with the lair valua model are Initially
recorded at the tra1￿CtIOn prte. At exh repjrting date. the Investments are moa8ured at falr
value, with changes In fair value taken through inc(yng or oxpendrture. Vthere it is imprxlicablé
to measure falr value rellobty wlihout unduè ¢08t or effort the cost rrw)d•l will ￿ adopled.
Dwldends and othef dlslributK)ns rttthved from the investment ar• r•cognlsed as income without
regard to whether the distribu￿n$ we from &cwnulaled proffts of the associato ari*ng bafore or
aftar th• d81• of acquisilion.
Invulm•nts In Jolnt v•nlur••
Inv¢stm¢nts in iointty controlled enlltie5 4Kcounted ts In xcordance wth thè cost model are
recorded al cost1885 arty a¢¢umulated Impalm￿nt thsos.
Investments in jolnty ¢ontroll&l entities xcounted lor in xcordance w￿h the fair valug modél are
Initially recorded at the transaction price. Al &qch reporttng date. the investments are measured
al fair value, with ¢hangeg in fair value ￿en through incL¥no or expendilufg. lther8 it is
ImpractKable to measure fair value rdiably withoth undue cost or effort. the cost model will be
ad(yted.
12

ABS TRAINING LTD
Company Llmited by Guarantee
Notes to the Flnanclal Statsments le￿￿x￿￿)
Year ended 29 February 2024
Accountlng pollcies
Inv•slments In Jolnt ventures (wjthxxo)
Dwtdends and other distributKXJS r8c8iv8d from the invesknent are recogntsed as ir¢come without
regard to whether the distribution$ we from ￿mulated wofits of the joint venture arising before
or after the date of acquisition.
ImpalmMnt of fixed assets
A revivw for indicators of impawment is canie(l out * each reporting datè. the recoverable
amount being estimated where such indicators exist Where the carrying value exceeds the
recoverable amount. the asset is unpaired xcordingly. Prnr imparnwrts are also reviewed for
possible revers￿ at each repor￿n9 date.
For the purposes of wnpaimwbt testing. T*hen it is not possible to estlmate the recoverable
amount of an indlvldual asset. an estimate is made of the r￿0Verable amount of the
¢ash-generating unlt to which the asset bel¢)ngs. The eash%enerating unit is the smallest
Identifiab￿ group of assets that includes the asset and generatfjs osh inflows thal lar9ely
Independent ofthe ¢ash infkfiys frcKn other wets or grow￿ of assets.
For impairff*nt testing of goc*MI. the 9￿11 wuired in a buswless combination 15. from the
acquisition date, all¢xaled lo each of the cash-generating units that are expected to benefrt from
the synergies of the Combinat￿)n. irrespeclive of whether other assets or li￿artieS of the charity
are asswJned to tIK>S¢ units.
Flnanclal Instruments
A financid asset or a financial liabrfity is recognised only T*Avi the charity becomes a paty to the
¢onlra¢lual provi%ion$ of the in5truThEnL
Basi¢ fin8n¢k?l instruments We inlolly recogrmsed at the amount recer4abkn or payable including
Current assets and current IFabikne5 are $ubsequenty measured at the Cash or other
constderalion expecled to be pakl or receNed and not discounted.
Debt instwments are subsequenty mèasured at *ntytised cc*L
IAlh8re investrnents in Shares are publth traded or thew fair value cart otherwise be measured
relkqts￿. the investsrth is subsequentty measured at faw value with change5 in fair value
recognised in ineome and eypenditure. AU clher such investrnents are suW￿ntty measured at
cost ￿$S Impai￿nenL
Other finanual instruments. indudng derivatsves, are ￿ts11Y recognised * fair value. unless
payment for an asset is deferr&J Wond nornial busin9$5 term5 or financed at a rate of Interest
that is nol a markel r*e, in wh￿h case the asset is measured at the present value of the future
payments discounted at a market rale of witwest for a similar debt instrurrent.
Other financial instruments are subsequentty measured at fair value. with arry changes
reccgnised in the statement of financial aclivtties. with the excepth?n of hedging instruments in a
deslgnated hedgiryj rela￿nshIp.
13

ABS TRAINING LTD
Company Limbted by Guarante6
Notss to the Flnanclal Statements (Gonthuedj
Year ended 29 February 2024
A¢countlng pollcles (condnuedj
Flnanclal Inatrurnents (¢Olllthu¢dJ
Financial assets that are m¢a$ured al coyt or amortised c08t are reviewed for obleclive evidence
of impairm8nt at the end of each reporting dal8. If there is objective avidence of impairment. an
Impalrnent 1088 18 r¢¢ognised under the appropriate heading in the statement of financial
a¢tlvltle$ In which the initial galn was recogni8èd.
For all equity instruments regardl888 of 8lgnlficanc8. and other flnanclal a88ets thal are
IndNidually sIgn￿leanI. these affj assess￿ Indlvldually lor Impalrment. Other financlal a¥sets are
either as3e880d individually or grouped on th8 basis of Similar credit risk characteristics.
Ary revar8818 of impairment are recogni88d immedialèty, lo the extont that the reversal does not
result in a carrying amount of th8 financial as8et that exceed¥ what th8 ¢arrying amount would
hav6 be8n h•d the Impalrmenl [￿t prevtOU8ly been recogni8ed.
Llmlt•d by guarant••
ABS Training Ltd Is a re9lst•red ¢haTity and a company limited by guarantee and do&s nol have
8hare capltal. In the av8nl of tho charlty b¢lng wound up. member8 are r•quired to contrlbula
an amount not exceedlng £1.
Don￿10￿8 and l•gacl
Unrestrlcled Total Fund• Unr88tridod Total Funds
Funds
2024
Fund8
2023
Oonatlon•
Donallon#
168.521
186.521
228.382
228,382
InvMtmont Ineom•
Unreslrkted Total Funds Unrestrictod Total Funds
Fund8
2024
Funds
2023
In￿me from Investment propertles
48,000
48.000
48,000
48.000
Costs of ral•lng donatlon8 •nd1oga¢lo8
UnreslTicted Totsl Fund$ Unrestrfcted Total Fund$
Funds
2024
Fund$
2023
Costs of ral$ing donatlon$ and
legacle8- Donations
1,983
1,983
45,938
45,938
14

ABS TRAINING LTD
Company Llmltsd by Guarantee
Notss to the Flnancial Ststements
Year ended 29 February 2024
Exp•ndSturn on charllable •dlvlUes by fund typg
UNe81r￿￿ Total Fund• Unresthcted Total Fund8
Fund8
2024
Funds
2023
Charitable ac
Support costs
146.080
84.385
146.080
84.385
85.097
36,132
121,229
85,097
36,132
121,229
230.465
230,465
Exp•ndltur• on charftable acllvltlo8 by actlvlty typ•
sup￿ Total fund8
2024
Total lund
2023
difecty
Charitablg xtfr4lly
Govemance costs
146.080
81,885
227,965
2.500
120,029
1.200
146.080
230.465
121,229
10. An•ly•l• ot •upport co•ts
Anatysis of
$t4)port costs Total 2024 Total 2023
Staff costs
General office
Flnanc¢ ¢osts
GovemarKe cost8
Legal and proles8KMwI
DopreGiation
1,508
39.023
34.407
2,500
3.279
3,688
84,385
39.023
34.407
2.500
3.279
28.801
1,200
3,256
2,87S
36.132
11. N•t {•xp•ndliur•Vlncom•
Net {eYpeTrd6ture￿r￿Orn•0S ltaled after charglwllcredllingl:
2024
2023
Depreclatlon oltangible fixed 88set8
3.668
2,875
12. Ind•p•nd•nt •xamlnatlon f
2024
2023
Fees payable lo the independent examiner for.
Independent examination of the financial $tatJn*)ts
2.500
1,200
15

ABS TRAINING LTD
Company Llmited by Guarantse
Note8 to the Flnanclal Statements (oonthu
Year anded 29 February 2024
13. Staff ¢o$ts
The total Staff costs and amployeg bengfils for the reporting period 8re analysed a6 follows..
2024
2023
Wage8 and salari88
15,806
Tho 8varag6 hood count of employeos during the year was 3 {2023'. NII).
No employee recoNed employee beneffts ol more than £60,000 during the year {2023'. Nil).
14. Tru8tM remun¢rntlon and 0xp•n￿l
No remunerallon or other boneflts from employmanl wlth tho charlty or • related entity were
ro¢0ivod by the Iruslees.
15. T•nglblo flx•d a8••t•
Fr•¢hold Flxtura$ and
prop8ty
fittin98
Total
Co•t
At 1 March 2023
Additions
945,893
5,058
950,951
14,377
3,965
0,270
9,023
969.293
At 29 F•bru•ry 2024
D•pr•cl•tlon
At 1 March 2023
Charge for thè year
At 29 F•bruary 2024
C•rrylng amount
At 29 February 2024
At 28 Febwary 2023
18,342
2,875
3,668
8.543
2,875
3,668
6,543
950.951
945,893
11,799
11,502
962,7SO
957,395
16

ABS TRAINING LTD
Company Limited by Guarantee
Notes to the Flnanclal Statements
Year ended 29 Feb￿￿ry 2024
16. Invo5tments
OthoT
Investments
Cost or Valua￿on
At 1 March 2023
Additions
16.729
At 29 Fèbruary 2024
ImpalTm•nt
At 1 March 2023 and 29 FebnHry 2024
Carrying amount
At 29 Febrnary 2024
At 28 February 2023
16.729
16,729
16.729
All inveslmenls shtr•m abthw hekl at vaK￿tiOn.
17. Credltors: amounts falllng dy• wmhin one ye•r
2024
2023
Accrnals and deferred inc(xne
3.098
3.098
18. Credltor&: amourrts falllnq due after morn than one y￿r
2024
2023
Bank loar* and overdrafts
Amounts owed to group undertakNvJs
Other creditors
375,808
44,401
186.082
391.461
36,240
186.082
606.291
613.783
17

ABS TRAINING LTD
Company Llmltsd by Guarantse
Notes to the Financial Statsments (¢onth4rtdJ
Year ended 29 February 2024
19. Analysls of charltable funds
Vnrestrfct•d funds
At
29 F•bruary
2024
At
1 March 23
Incomo Expendrture
General fund8
392,345
214,521
(232.448}
374,418
At
28 February
2023
At
1 March 22
InGom• EX￿ndttuf6
Genèral fund8
283.130
276.382
(167,167}
392,345
20. Anaty•l• of not •M•t• betw•on lunds
Unrestrfcled Totsl Fundg
Fund8
2024
Tanglbla flxed 8888ts
Inv•8tm*nts
Current a88el8
Creditors less Ihan 1 y•ar
Creditors greater than 1 year
N•t a•80ts
962,750
962,750
16,729
16,729
4.328
4,328
(3,098}
(3,0981
{806,291) {806.2911
Unro8lrl¢ted Total Funds
Funds
2023
Tanglblg flxed assets
Invgstrnenls
Current assetj
Cr8dilor8 le88 than 1 year
Creditors greater than 1 year
Net as*ets
957,395
957.395
16,729
18.729
35,102
35,102
{3.0981
13,098}
1613,7831 1613,7831
18