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Company Registration No. 08235084 (England and Wales)
EML Learning LTD. Unaudited accounts for the year ended 31 October 2023
EML Learning LTD. Unaudited accounts Contents
Page
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EML Learning LTD. Company Information for the year ended 31 October 2023
Director
Andrew Teale
Company Number
08235084 (England and Wales)
Registered Office
PO BOX 426 Eml Learning Ltd Leeds LS19 9LZ
Accountants
RPJ Accountancy Limited Rivers Lodge West Common Harpenden Hertfordshire AL5 2JD
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EML Learning LTD. Accountants' report
Accountants' report to the director of EML Learning LTD. on the preparation of the unaudited statutory accounts for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EML Learning LTD. for the year ended 31 October 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of EML Learning LTD., as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of EML Learning LTD. and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EML Learning LTD. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EML Learning LTD. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of EML Learning LTD.. You consider that EML Learning LTD. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EML Learning LTD.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RPJ Accountancy Limited Rivers Lodge West Common Harpenden Hertfordshire AL5 2JD 21 November 2023
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EML Learning LTD. Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,061 
7,526 
Current assets
Debtors
214,558 
175,544 
Cash at bank and in hand
439,812 
181,841 
654,370 
357,385 
Creditors: amounts falling due within one year
(160,635)
(92,003)
Net current assets
493,735 
265,382 
Total assets less current liabilities
500,796 
272,908 
Creditors: amounts falling due after more than one year
(13,138)
(23,919)
Net assets
487,658 
248,989 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
487,558 
248,889 
Shareholders' funds
487,658 
248,989 
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 21 November 2023 and were signed on its behalf by
Andrew Teale Director Company Registration No. 08235084
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EML Learning LTD. Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
EML Learning LTD. is a private company, limited by shares, registered in England and Wales, registration number 08235084. The registered office is PO BOX 426 Eml Learning Ltd, Leeds, LS19 9LZ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
25% straight line
Turnover
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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EML Learning LTD. Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
36,946 
Additions
4,472 
At 31 October 2023
41,418 
Depreciation
At 1 November 2022
29,420 
Charge for the year
4,937 
At 31 October 2023
34,357 
Net book value
At 31 October 2023
7,061 
At 31 October 2022
7,526 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
80,512 
61,498 
Other debtors
134,046 
114,046 
214,558 
175,544 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
19,382 
- 
Trade creditors
20 
5 
Taxes and social security
130,184 
80,949 
Other creditors
11,049 
11,049 
160,635 
92,003 
Other creditors relates to a bounce back loan that the company took out during 2020.
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
13,138 
23,919 
Other creditors includes a bounce back loan that the company took out during 2020.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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