Expat Academy Holdings Ltd Filleted Accounts Cover
Expat Academy Holdings Ltd
Company No. 11655572
Information for Filing with The Registrar
31 March 2023
Expat Academy Holdings Ltd Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 March 2023.
Principal activities
The principal activity of the company during the year under review was Holding company for Expat Academy Ltd and Global Mobility Professional Development Ltd.
Directors
The Directors who served at any time during the year were as follows:
E. Holder
J. Holder
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
J. Holder
Director
15 November 2023
Expat Academy Holdings Ltd Balance Sheet Registrar
at
31 March 2023
Company No.
11655572
Notes
2023
2022
£
£
Fixed assets
Investments
4
1,1011,100
1,1011,100
Current assets
Debtors
5
81,94380,802
Cash at bank and in hand
1,489104
83,43280,906
Creditors: Amount falling due within one year
6
(1,147)
(490)
Net current assets
82,28580,416
Total assets less current liabilities
83,38681,516
Creditors: Amounts falling due after more than one year
7
(1,592,000)
(81,200)
Net (liabilities)/assets
(1,508,614)
316
Capital and reserves
Called up share capital
1,1021,102
Profit and loss account
8
(1,509,716)
(786)
Total equity
(1,508,614)
316
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 15 November 2023
And signed on its behalf by:
J. Holder
Director
15 November 2023
Expat Academy Holdings Ltd Notes to the Accounts Registrar
for the year ended 31 March 2023
1
General information
Its registered number is: 11655572
Its registered office is:
120 Barnett Wood Lane
Ashstead
Surrey
KT21 2LS
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Investments
Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
22
4
Investments
Shares in group undertakings
Total
£
£
Cost or valuation
At 1 April 2022
1,100
1,100
Additions
1
1
At 31 March 2023
1,101
1,101
Provisions/Impairment
Net book values
At 31 March 2023
1,101
1,101
At 31 March 2022
1,100
1,100
5
Debtors
2023
2022
£
£
Loans to directors
81,94380,802
81,94380,802
6
Creditors:
amounts falling due within one year
2023
2022
£
£
Taxes and social security
67
-
Accruals and deferred income
1,080490
1,147490
7
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Amounts owed to group undertakings
1,592,00081,200
1,592,00081,200
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
9
Contingent Assets/Liabilities
A fixed and floating charge debenture in favour of Mr J Holder and Mrs E Holder has been entered into in 2023.
10
Advances and credits to directors
2023
£
At 1 April 2022
80,802
Advanced in the period
82,342
Amounts repaid in the period
81,202
At 31 March 2023
81,942
11
Related party disclosures
Transactions with related parties
A capital contribution of £1,510,000 (2022 nil) was made by Expat Academy Holdings Ltd to the Expat Academy EOT during the year.
12
Controlling Party
Expat Academy EOT Ltd holds 100% of the shared capital of Expat Academy Holdings Ltd as nominee for Expat Academy EOT. The correspondence address for Expat Academy EOT Ltd is 120 Barnett Wood Road, Ashstead, Surrey KT21 2LS
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