Company Registration No. 13663224 (England and Wales)
TW Education Limited
Unaudited accounts
for the year ended 31 October 2023
TW Education Limited
Unaudited accounts
Contents
TW Education Limited
Company Information
for the year ended 31 October 2023
Company Number
13663224 (England and Wales)
Registered Office
465 Oldham Road
Rochdale
OL16 4TD
ENGLAND
TW Education Limited
Statement of financial position
as at 31 October 2023
Tangible assets
4,259,967
4,012,500
Cash at bank and in hand
1,245,656
1,356,700
Creditors: amounts falling due within one year
(1,145,465)
(1,258,755)
Net current assets
465,191
353,945
Net assets
4,725,158
4,366,445
Called up share capital
1
1
Profit and loss account
4,725,157
4,366,444
Shareholders' funds
4,725,158
4,366,445
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 6 March 2024 and were signed on its behalf by
Ali Arshad
Director
Company Registration No. 13663224
TW Education Limited
Notes to the Accounts
for the year ended 31 October 2023
TW Education Limited is a private company, limited by shares, registered in England and Wales, registration number 13663224. The registered office is 465 Oldham Road, Rochdale, OL16 4TD, 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.
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% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
At 1 November 2022
5,350,000
At 31 October 2023
7,017,456
At 1 November 2022
1,337,500
Charge for the year
1,419,989
At 31 October 2023
2,757,489
At 31 October 2023
4,259,967
At 31 October 2022
4,012,500
Amounts falling due within one year
Trade debtors
365,000
256,000
TW Education Limited
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,145,465
1,258,755
7
Average number of employees
During the year the average number of employees was 88 (2022: 87).