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REGISTERED NUMBER: 12861780 (England and Wales)












FINANCIAL STATEMENTS

FOR THE PERIOD

7 SEPTEMBER 2020 TO 30 SEPTEMBER 2021

FOR

POSITIVELY YOU EDUCATION LIMITED

POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 SEPTEMBER 2020 TO 30 SEPTEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


POSITIVELY YOU EDUCATION LIMITED

COMPANY INFORMATION
FOR THE PERIOD 7 SEPTEMBER 2020 TO 30 SEPTEMBER 2021







DIRECTOR: Mr B E Thwaites





REGISTERED OFFICE: 1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA





REGISTERED NUMBER: 12861780 (England and Wales)





ACCOUNTANTS: Mackenzies Accountants Limited
Chartered Accountants
4 Kings Row
Armstrong Road
Maidstone
Kent
ME15 6AQ

POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

BALANCE SHEET
30 SEPTEMBER 2021

Notes £ £
FIXED ASSETS
Intangible assets 4 3,460

CURRENT ASSETS
Debtors 5 107,269
Cash at bank 214,576
321,845
CREDITORS
Amounts falling due within one year 6 190,031
NET CURRENT ASSETS 131,814
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,274

CAPITAL AND RESERVES
Called up share capital 7 6
Retained earnings 135,268
SHAREHOLDERS' FUNDS 135,274

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 7 September 2022 and were signed by:





Mr B E Thwaites - Director


POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 SEPTEMBER 2020 TO 30 SEPTEMBER 2021


1. STATUTORY INFORMATION

Positively YOU Education 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 .

POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7 SEPTEMBER 2020 TO 30 SEPTEMBER 2021


4. INTANGIBLE FIXED ASSETS
Patents and
licences
£
COST
Additions 3,845
At 30 September 2021 3,845
AMORTISATION
Amortisation for period 385
At 30 September 2021 385
NET BOOK VALUE
At 30 September 2021 3,460

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade debtors 107,269

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade creditors 20,426
Tax 46,851
Social security and other taxes 2,893
VAT 43,300
Other creditors 35,875
Directors' current accounts 578
Deferred income 38,507
Accrued expenses 1,601
190,031

Other creditors consist of a short term loan received by the company.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £
5 Ordinary A £1 5
1 Ordinary B £1 1
6

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr B E Thwaites.