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REGISTERED NUMBER: 13669675 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

ELS Tutoring and Educational Services
Ltd

ELS Tutoring and Educational Services
Ltd (Registered number: 13669675)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELS Tutoring and Educational Services
Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Miss E L Sykes





REGISTERED OFFICE: Birch House, Parklands Industrial Estate
Forest Road
Denmead
Waterlooville
Hampshire
PO7 6XP





REGISTERED NUMBER: 13669675 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

ELS Tutoring and Educational Services
Ltd (Registered number: 13669675)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 64,302 7,674

CURRENT ASSETS
Debtors 5 3,149 18,491
Cash at bank 40,115 279
43,264 18,770
CREDITORS
Amounts falling due within one year 6 31,186 23,746
NET CURRENT ASSETS/(LIABILITIES) 12,078 (4,976 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,380

2,698

CREDITORS
Amounts falling due after more than one
year

7

(44,016

)

-

PROVISIONS FOR LIABILITIES 8 (14,034 ) (1,240 )
NET ASSETS 18,330 1,458

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 18,329 1,457
SHAREHOLDERS' FUNDS 18,330 1,458

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ELS Tutoring and Educational Services
Ltd (Registered number: 13669675)

Balance Sheet - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 November 2023 and were signed by:





Miss E L Sykes - Director


ELS Tutoring and Educational Services
Ltd (Registered number: 13669675)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

ELS Tutoring and Educational Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, event or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


ELS Tutoring and Educational Services
Ltd (Registered number: 13669675)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022 5,641 - 3,081 8,722
Additions 2,883 62,205 1,023 66,111
At 31 October 2023 8,524 62,205 4,104 74,833
DEPRECIATION
At 1 November 2022 786 - 262 1,048
Charge for year 1,067 7,776 640 9,483
At 31 October 2023 1,853 7,776 902 10,531
NET BOOK VALUE
At 31 October 2023 6,671 54,429 3,202 64,302
At 31 October 2022 4,855 - 2,819 7,674

ELS Tutoring and Educational Services
Ltd (Registered number: 13669675)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 62,205
At 31 October 2023 62,205
DEPRECIATION
Charge for year 7,776
At 31 October 2023 7,776
NET BOOK VALUE
At 31 October 2023 54,429

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 225 16,115
Prepayments 2,924 2,376
3,149 18,491

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 5,852 -
Trade creditors 115 -
Tax 18,131 7,665
Social security and other taxes 4,121 -
Directors' loan accounts 945 13,881
Accrued expenses 2,022 2,200
31,186 23,746

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 44,016 -

8. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax
Accelerated capital allowances 14,034 1,240

ELS Tutoring and Educational Services
Ltd (Registered number: 13669675)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2022 1,240
Provided during year 12,794
Balance at 31 October 2023 14,034

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 October 2023 and the period ended 31 October 2022:

31.10.23 31.10.22
£    £   
Miss E L Sykes
Balance outstanding at start of year (13,881 ) -
Amounts advanced 130,368 42,366
Amounts repaid (117,432 ) (56,247 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (945 ) (13,881 )

At the year end, the company owed £945 (2022: £13,880) to the director.