IEP LEARNING ACADEMY LIMITED

Company Registration Number:
13610071 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

IEP LEARNING ACADEMY LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

IEP LEARNING ACADEMY LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Scott Parkin
Secretary: Nicholas Price
Registered office: 3rd Floor
86 - 90 Paul Street
Paul Street
London
GBR
EC2A 4NE
Company Registration Number: 13610071 (England and Wales)

IEP LEARNING ACADEMY LIMITED

Profit and Loss Account

for the Period Ended 31 July 2023


Notes

2023
£
11 months to
31 Jul 2022
£
Turnover 141,869 83,225
Cost of sales ( 28,913 ) ( 2,633 )
Gross Profit or (Loss) 112,956 80,592
Administrative Expenses ( 150,711 ) ( 46,098 )
Operating Profit or (Loss) ( 37,755 ) 34,494
Interest Receivable and Similar Income 82 -
Profit or (Loss) Before Tax ( 37,673 ) 34,494
Tax on Profit - ( 6,554 )
Profit or (Loss) for Period ( 37,673 ) 27,940

The notes form part of these financial statements

IEP LEARNING ACADEMY LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£
11 months to
31 Jul 2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 11,208 36,790
Cash at bank and in hand: 7,090 11,821
Total current assets: 18,298 48,611
Creditors: amounts falling due within one year: 5 ( 28,030 ) ( 20,670 )
Net current assets (liabilities): ( 9,732 ) 27,941
Total assets less current liabilities: ( 9,732 ) 27,941
Total net assets (liabilities): ( 9,732 ) 27,941

The notes form part of these financial statements

IEP LEARNING ACADEMY LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£
11 months to
31 Jul 2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 9,733 ) 27,940
Shareholders funds: ( 9,732 ) 27,941

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 September 2023
And Signed On Behalf Of The Board By:

Name: Scott Parkin
Status: Director

The notes form part of these financial statements

IEP LEARNING ACADEMY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IEP LEARNING ACADEMY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023
    11 months to
    31 Jul 2022
    Average number of employees during the period 4 2

IEP LEARNING ACADEMY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

IEP LEARNING ACADEMY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors


2023
£
11 months to
31 Jul 2022
£
Trade debtors 8,953 24,491
Other debtors 2,255 12,299
Total 11,208 36,790

IEP LEARNING ACADEMY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5.Creditors: amounts falling due within one year note


2023
£
11 months to
31 Jul 2022
£
Trade creditors 1,860
Taxation and social security 4,394 19,897
Other creditors 21,776 773
Total 28,030 20,670