Company registration number 04452390 (England and Wales)
EFFICIENCY COACHING UK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
PAGES FOR FILING WITH REGISTRAR
EFFICIENCY COACHING UK LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
EFFICIENCY COACHING UK LIMITED
BALANCE SHEET
AS AT
31 MAY 2023
31 May 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
4
-
0
16,414
Current assets
-
-
Creditors: amounts falling due within one year
5
(830)
(9,304)
Net current liabilities
(830)
(9,304)
Net (liabilities)/assets
(830)
7,110
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(832)
7,108
Total equity
(830)
7,110

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 14 November 2023 and are signed on its behalf by:
Gabrielle Leonard
Director
Company registration number 04452390 (England and Wales)
EFFICIENCY COACHING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
- 2 -
1
Accounting policies
Company information

Efficiency Coaching UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Kalamu House, 11 Coldbath Square, London, EC1R 5HL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
25% Reducing Balance Method
Computer equipment
30% Reducing Balance Method

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

EFFICIENCY COACHING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2023
- 3 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2022 and 31 May 2023
2,698
Depreciation and impairment
At 1 June 2022 and 31 May 2023
2,698
Carrying amount
At 31 May 2023
-
0
At 31 May 2022
-
0
4
Fixed asset investments
2023
2022
£
£
Other investments other than loans
-
0
16,414
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 June 2022
16,414
Disposals
(16,414)
At 31 May 2023
-
Carrying amount
At 31 May 2023
-
At 31 May 2022
16,414
EFFICIENCY COACHING UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2023
- 4 -
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
830
9,304
6
Directors' transactions

Within other creditors, the following balances are owed to Rogiest Philippe and Gabrielle Leonard £415 (2022:£4,652) and £415 (2022:£4,652) respectively.

2023-05-312022-06-01true14 November 2023CCH SoftwareCCH Accounts Production 2023.200No description of principal activityGabrielle LeonardRogiest Philippe044523902022-06-012023-05-31044523902023-05-31044523902022-05-3104452390core:CurrentFinancialInstrumentscore:WithinOneYear2023-05-3104452390core:CurrentFinancialInstrumentscore:WithinOneYear2022-05-3104452390core:ShareCapital2023-05-3104452390core:ShareCapital2022-05-3104452390core:RetainedEarningsAccumulatedLosses2023-05-3104452390core:RetainedEarningsAccumulatedLosses2022-05-3104452390bus:Director12022-06-012023-05-3104452390core:FurnitureFittings2022-06-012023-05-3104452390core:ComputerEquipment2022-06-012023-05-3104452390core:OtherPropertyPlantEquipment2022-05-3104452390core:OtherPropertyPlantEquipment2023-05-3104452390core:OtherPropertyPlantEquipment2022-05-3104452390core:CurrentFinancialInstruments2023-05-3104452390core:CurrentFinancialInstruments2022-05-3104452390bus:EntityNoLongerTradingButTradedInPast2022-06-012023-05-3104452390bus:PrivateLimitedCompanyLtd2022-06-012023-05-3104452390bus:SmallCompaniesRegimeForAccounts2022-06-012023-05-3104452390bus:FRS1022022-06-012023-05-3104452390bus:AuditExemptWithAccountantsReport2022-06-012023-05-3104452390bus:Director22022-06-012023-05-3104452390bus:FullAccounts2022-06-012023-05-31xbrli:purexbrli:sharesiso4217:GBP