ESTIA LEARNING GROUP LIMITED

Company Registration Number:
13959689 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 07 March 2022

End date: 31 December 2022

ESTIA LEARNING GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

ESTIA LEARNING GROUP LIMITED

Balance sheet

As at 31 December 2022


Notes

10 months to 31 December 2022


£
Fixed assets
Intangible assets: 3 9,333
Tangible assets: 4 3,060
Total fixed assets: 12,393
Current assets
Debtors:   157,394
Cash at bank and in hand: 24,060
Total current assets: 181,454
Creditors: amounts falling due within one year: 5 (272,663)
Net current assets (liabilities): (91,209)
Total assets less current liabilities: (78,816)
Total net assets (liabilities): (78,816)
Capital and reserves
Called up share capital: 100
Share premium account: 729,167
Profit and loss account: (808,083)
Shareholders funds: (78,816)

The notes form part of these financial statements

ESTIA LEARNING GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 December 2023
and signed on behalf of the board by:

Name: Brian L Katzen
Status: Director

The notes form part of these financial statements

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Fixtures, fittings, tools and equipment Over 4 Years

Intangible fixed assets and amortisation policy

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

10 months to 31 December 2022
Average number of employees during the period 35

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
Additions 10,000
At 31 December 2022 10,000
Amortisation
Charge for year 667
At 31 December 2022 667
Net book value
At 31 December 2022 9,333

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
Additions 4,180
Disposals (833)
At 31 December 2022 3,347
Depreciation
Charge for year 339
On disposals (52)
At 31 December 2022 287
Net book value
At 31 December 2022 3,060

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Accruals and deferred income £114,571Trade creditors £59906Taxation and social security costs £70,008Other creditors £26,256Provision for other liabilities £1,922