IRIS Accounts Production v24.1.0.578 05705243 director 1.9.22 31.8.23 31.8.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057052432022-08-31057052432023-08-31057052432022-09-012023-08-31057052432021-08-31057052432021-09-012022-08-31057052432022-08-3105705243ns14:PoundSterling2022-09-012023-08-3105705243ns10:Director12022-09-012023-08-3105705243ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3105705243ns10:SmallEntities2022-09-012023-08-3105705243ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3105705243ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3105705243ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3105705243ns10:FullAccounts2022-09-012023-08-310570524312022-09-012023-08-3105705243ns10:OrdinaryShareClass12022-09-012023-08-3105705243ns5:CurrentFinancialInstruments2023-08-3105705243ns5:CurrentFinancialInstruments2022-08-3105705243ns5:ShareCapital2023-08-3105705243ns5:ShareCapital2022-08-3105705243ns5:RetainedEarningsAccumulatedLosses2023-08-3105705243ns5:RetainedEarningsAccumulatedLosses2022-08-3105705243ns10:RegisteredOffice2022-09-012023-08-3105705243ns5:ComputerSoftware2022-09-012023-08-3105705243ns5:FurnitureFittings2022-09-012023-08-3105705243ns5:ComputerSoftware2022-08-3105705243ns5:ComputerSoftware2023-08-3105705243ns5:ComputerSoftware2022-08-3105705243ns5:FurnitureFittings2022-08-3105705243ns5:FurnitureFittings2023-08-3105705243ns5:FurnitureFittings2022-08-3105705243ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3105705243ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3105705243ns10:OrdinaryShareClass12023-08-31
REGISTERED NUMBER: 05705243 (United Kingdom)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

TEACHERS INTERNATIONAL CONSULTANCY
LIMITED

TEACHERS INTERNATIONAL CONSULTANCY
LIMITED (REGISTERED NUMBER: 05705243)

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










Page

Balance Sheet 1

Notes to the Financial Statements 3


TEACHERS INTERNATIONAL CONSULTANCY
LIMITED (REGISTERED NUMBER: 05705243)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 456
Tangible assets 5 - 3,155
- 3,611

CURRENT ASSETS
Debtors 6 29,688 14,571
Cash at bank - 31,521
29,688 46,092
CREDITORS
Amounts falling due within one year 7 - 14,710
NET CURRENT ASSETS 29,688 31,382
TOTAL ASSETS LESS CURRENT LIABILITIES 29,688 34,993

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 29,588 34,893
SHAREHOLDERS' FUNDS 29,688 34,993

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

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

The director acknowledges his 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.

TEACHERS INTERNATIONAL CONSULTANCY
LIMITED (REGISTERED NUMBER: 05705243)

Balance Sheet - continued
31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





Mr J Cox - Director


TEACHERS INTERNATIONAL CONSULTANCY
LIMITED (REGISTERED NUMBER: 05705243)

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


1. STATUTORY INFORMATION

Teachers International Consultancy Limited is a private company, limited by shares , registered in United Kingdom. The company's registered number and registered office address are as below:

Registered number: 05705243

Registered office: 4 Jenkinsille
Penarth
Wales
CF64 1DB

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.

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

Intangible fixed assets
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Website - 25% reducing balance

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


TEACHERS INTERNATIONAL CONSULTANCY
LIMITED (REGISTERED NUMBER: 05705243)

Notes to the Financial Statements - continued
for the Year Ended 31 August 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Website
£   
COST
At 1 September 2022 17,008
Disposals (17,008 )
At 31 August 2023 -
AMORTISATION
At 1 September 2022 16,552
Amortisation for year 114
Eliminated on disposal (16,666 )
At 31 August 2023 -
NET BOOK VALUE
At 31 August 2023 -
At 31 August 2022 456

TEACHERS INTERNATIONAL CONSULTANCY
LIMITED (REGISTERED NUMBER: 05705243)

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


5. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 September 2022 26,020
Disposals (26,020 )
At 31 August 2023 -
DEPRECIATION
At 1 September 2022 22,865
Charge for year 788
Eliminated on disposal (23,653 )
At 31 August 2023 -
NET BOOK VALUE
At 31 August 2023 -
At 31 August 2022 3,155

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 2,000
Other debtors 29,688 5,502
Social security and taxation - 4,151
Deferred tax asset - 1,981
Prepayments - 937
29,688 14,571

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 789
Other creditors - 10,927
Pension contributions unpaid - 654
Accrued expenses - 2,340
- 14,710

TEACHERS INTERNATIONAL CONSULTANCY
LIMITED (REGISTERED NUMBER: 05705243)

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


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100