REGISTERED NUMBER: |
Audited Financial Statements for the Year Ended 31 December 2022 |
for |
GoStudent Ltd. |
REGISTERED NUMBER: |
Audited Financial Statements for the Year Ended 31 December 2022 |
for |
GoStudent Ltd. |
GoStudent Ltd. (Registered number: 13111416) |
Contents of the Financial Statements |
for the Year Ended 31 December 2022 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
GoStudent Ltd. (Registered number: 13111416) |
Balance Sheet |
31 December 2022 |
2022 | 2021 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 and authorised for issue on |
GoStudent Ltd. (Registered number: 13111416) |
Notes to the Financial Statements |
for the Year Ended 31 December 2022 |
1. | STATUTORY INFORMATION |
GoStudent Ltd. is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the total invoice value, excluding value added tax, of sales made during the year. |
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 balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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. |
GoStudent Ltd. (Registered number: 13111416) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
2. | ACCOUNTING POLICIES - continued |
Foreign currencies |
Monetary assets and liabilities in currencies other than the operating currency in which the financial statements are presented ("accounting currency"), after the initial entry, are recorded at the spot exchange rate at the end of the period. The consequent exchange gains or losses are stated on the Profit and Loss Account in item "exchange gains and losses" and any net gain which contributes to the result for the period is set aside in a specific reserve which is non-distributable until realisation. |
Non-monetary assets and liabilities in currencies other than the accounting currency are recorded at the exchange rate at the moment of their purchase. If the exchange rate at the end of the financial period is significantly different to the rate at the purchase date, the exchange difference is one of the elements considered in calculating the value which may be recorded on the Balance Sheet for the individual non-monetary assets. In the case, any exchange differences (positive or negative) contribute to determining the recoverable value. |
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 |
4. | AUDITORS' REMUNERATION |
Period |
4/1/21 |
Year Ended | to |
31/12/22 | 31/12/21 |
£ | £ |
Fees payable to the company's auditors for the audit of the company's financial statements |
18,000 |
18,000 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
VAT |
Deferred tax asset |
Prepayments and accrued income |
GoStudent Ltd. (Registered number: 13111416) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Intercompany loan |
Trade creditors |
Amounts owed to group undertakings |
Tax |
PAYE |
Other creditors |
Net wages | - | (2,124 | ) |
Accruals and deferred income |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
Ordinary | 1 | 1 | 1 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | RELATED PARTY DISCLOSURES |
GoStudent Ltd. has taken advantage of the exemptions conferred by Section 33 and has not disclosed related party transactions for wholly owned companies within the group. |
10. | POST BALANCE SHEET EVENTS |
There were no post balance sheet events. |
11. | ULTIMATE CONTROLLING PARTY |
The immediate and ultimate parent undertaking of GoStudent Ltd. is GoStudent GmbH, a company incorporated in Austria. The address is Ernst Melchior-Gasse 20, 6. OG 1020 Wien. The consolidated financial statements are not available on the public domain. . |