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KEY CHANGE EDUCATION LIMITED

Registered Number
10833062
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2023

KEY CHANGE EDUCATION LIMITED
Company Information
for the year from 1 July 2022 to 30 June 2023

Directors

BAILEY, Carla
BAILEY, Mark

Registered Address

Maple Croft
Lufton
Yeovil
BA22 8SU

Registered Number

10833062 (England and Wales)
KEY CHANGE EDUCATION LIMITED
Balance Sheet as at
30 June 2023

Notes

2023

2022

£

£

£

£

Current assets
Cash at bank and on hand21,31217,518
21,31217,518
Creditors amounts falling due within one year6(1,617)(2,160)
Net current assets (liabilities)19,69515,358
Total assets less current liabilities19,69515,358
Net assets19,69515,358
Capital and reserves
Called up share capital100100
Profit and loss account19,59515,258
Shareholders' funds19,69515,358
The financial statements were approved and authorised for issue by the Board of Directors on 8 November 2023, and are signed on its behalf by:
BAILEY, Mark
Director
Registered Company No. 10833062
KEY CHANGE EDUCATION LIMITED
Notes to the Financial Statements
for the year ended 30 June 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
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.
4.Employee information

20232022
Average number of employees during the year00
5.Debtors within one year
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors within one year

2023

2022

££
Taxation and social security1,0171,560
Accrued liabilities and deferred income600600
Total1,6172,160
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.