Company Registration No. 5404994 (England and Wales)
Llewellyn Education Ltd
Unaudited accounts
for the year ended 31 March 2023
Llewellyn Education Ltd
Unaudited accounts
Contents
Llewellyn Education Ltd
Company Information
for the year ended 31 March 2023
Directors
Mr D R Llewellyn
Mrs R E Llewellyn
Secretary
Mrs R E Llewellyn
Company Number
5404994 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
England
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Llewellyn Education Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
1,989
2,653
Investments
63,781
169,285
Cash at bank and in hand
53,777
49,632
Creditors: amounts falling due within one year
(3,737)
(6,316)
Net current assets
50,040
43,749
Total assets less current liabilities
115,810
215,687
Provisions for liabilities
Net assets
115,432
215,183
Called up share capital
200
200
Revaluation reserve
56,501
64,452
Profit and loss account
58,731
150,531
Shareholders' funds
115,432
215,183
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by
Mr D R Llewellyn
Director
Company Registration No. 5404994
Llewellyn Education Ltd
Notes to the Accounts
for the year ended 31 March 2023
Llewellyn Education Ltd is a private company, limited by shares, registered in England and Wales, registration number 5404994. The registered office is Moreton House, 31 High Street, Buckingham, Bucks, MK18 1NU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on cost
Computer equipment
25% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Llewellyn Education Ltd
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
4,454
12,159
16,613
At 31 March 2023
4,454
12,159
16,613
At 1 April 2022
4,454
9,506
13,960
Charge for the year
-
664
664
At 31 March 2023
4,454
10,170
14,624
At 31 March 2023
-
1,989
1,989
At 31 March 2022
-
2,653
2,653
5
Investments
Other investments
Valuation at 1 April 2022
169,285
Fair value adjustments
(9,504)
Valuation at 31 March 2023
63,781
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,110
4,798
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).