Administration Office for Examinations (UK) Limited |
Registered number: |
SC191297 |
Balance Sheet |
as at 31 December 2022 |
|
Notes |
|
|
2022 |
|
|
2021 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
2,282,762 |
|
|
2,306,129 |
|
Current assets |
Debtors |
4 |
|
168,413 |
|
|
- |
Cash at bank and in hand |
|
|
58,719 |
|
|
373,021 |
|
|
|
227,132 |
|
|
373,021 |
|
Creditors: amounts falling due within one year |
5 |
|
(69,071) |
|
|
(80,934) |
|
#NAME? |
|
|
|
158,061 |
|
|
292,087 |
|
#NAME? |
|
|
|
2,440,823 |
|
|
2,598,216 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
2,440,821 |
|
|
2,598,214 |
|
Shareholders' funds |
|
|
|
2,440,823 |
|
|
2,598,216 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
R G Mellor |
Director |
Approved by the board on 24 October 2023 |
|
Administration Office for Examinations (UK) Limited |
Notes to the Accounts |
for the year ended 31 December 2022 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings and equipment |
25% reducing balance |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
2 |
Employees |
2022 |
|
2021 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Furniture, fittings & equipment |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2022 |
2,212,662 |
|
127,806 |
|
2,340,468 |
|
At 31 December 2022 |
2,212,662 |
|
127,806 |
|
2,340,468 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2022 |
- |
|
34,339 |
|
34,339 |
|
Charge for the year |
- |
|
23,367 |
|
23,367 |
|
At 31 December 2022 |
- |
|
57,706 |
|
57,706 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2022 |
2,212,662 |
|
70,100 |
|
2,282,762 |
|
At 31 December 2021 |
2,212,662 |
|
93,467 |
|
2,306,129 |
|
|
4 |
Debtors |
2022 |
|
2021 |
£ |
£ |
|
|
Other debtors |
168,413 |
|
- |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
£ |
£ |
|
|
Trade creditors |
54,861 |
|
54,861 |
|
Taxation and social security costs |
(581) |
|
599 |
|
Other creditors |
14,791 |
|
25,474 |
|
|
|
|
|
|
69,071 |
|
80,934 |
|
|
|
|
|
|
|
|
|
|
6 |
Related party transactions |
|
|
During the year, the company transferred funds to the Directors to be held beneficially on behalf of the company. The funds amounted to £169,780 and have been included in Other Debtors at 31 December 2022. The total amount of £169,780 was repaid on 26 April 2023. |
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|
7 |
Other information |
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Administration Office for Examinations (UK) Limited is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
Holly House |
|
Tomaknock |
|
Crieff |
|
Perthshire |
|
PH7 3QH |