7 30/09/2023 2023-09-30 false false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2022-10-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 09778609 2022-10-01 2023-09-30 09778609 2023-09-30 09778609 2022-09-30 09778609 2021-10-01 2022-09-30 09778609 2022-09-30 09778609 core:FurnitureFittingsToolsEquipment 2022-10-01 2023-09-30 09778609 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 09778609 bus:Director1 2022-10-01 2023-09-30 09778609 core:FurnitureFittingsToolsEquipment 2022-09-30 09778609 core:WithinOneYear 2022-09-30 09778609 core:AfterOneYear 2022-09-30 09778609 core:ShareCapital 2023-09-30 09778609 core:ShareCapital 2022-09-30 09778609 core:RetainedEarningsAccumulatedLosses 2023-09-30 09778609 core:RetainedEarningsAccumulatedLosses 2022-09-30 09778609 bus:OrdinaryShareClass1 core:ShareCapital 2023-09-30 09778609 bus:OrdinaryShareClass1 core:ShareCapital 2022-09-30 09778609 core:FurnitureFittingsToolsEquipment 2022-09-30 09778609 bus:SmallEntities 2022-10-01 2023-09-30 09778609 bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 09778609 bus:FullAccounts 2022-10-01 2023-09-30 09778609 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 09778609 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Company registration number: 09778609
D K Education Limited
Unaudited filleted financial statements
30 September 2023
D K Education Limited
Contents
Balance sheet
Notes to the financial statements
D K Education Limited
Balance sheet
30 September 2023
2023 2022
Note £ £ £ £
Fixed assets
Tangible assets 5 - 373
_______ _______
- 373
Current assets
Cash at bank and in hand - 4,436
_______ _______
- 4,436
Creditors: amounts falling due
within one year 6 - ( 7,379)
_______ _______
Net current liabilities - ( 2,943)
_______ _______
Total assets less current liabilities - ( 2,570)
Creditors: amounts falling due
after more than one year 7 - ( 4,900)
_______ _______
Net assets/(liabilities) - ( 7,470)
_______ _______
Capital and reserves
Called up share capital 8 10 10
Profit and loss account ( 10) ( 7,480)
_______ _______
Shareholders funds/(deficit) - ( 7,470)
_______ _______
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 10 October 2023 , and are signed on behalf of the board by:
Ms D Keegan
Director
Company registration number: 09778609
D K Education Limited
Notes to the financial statements
Year ended 30 September 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Aidan Court, St Cuthberts Mews, Middlesbrough, TS5 4BS.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 25 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 7 (2022: 1 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 October 2022 817 817
Additions 737 737
Disposals ( 1,554) ( 1,554)
_______ _______
At 30 September 2023 - -
_______ _______
Depreciation
At 1 October 2022 444 444
Charge for the year 389 389
Disposals ( 833) ( 833)
_______ _______
At 30 September 2023 - -
_______ _______
Carrying amount
At 30 September 2023 - -
_______ _______
At 30 September 2022 373 373
_______ _______
6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts - 1,400
Trade creditors - 1,544
Corporation tax - 3,522
Other creditors - 913
_______ _______
- 7,379
_______ _______
7. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans and overdrafts - 4,900
_______ _______
8. Called up share capital
Issued, called up and fully paid
2023 2022
No £ No £
Ordinary shares of £ 1.00 each 1 1 1 1
_______ _______ _______ _______
9. Directors advances, credits and guarantees
There were no directors credits, advances or guarantees in the year.