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REGISTERED NUMBER: 09631006 (England and Wales)


















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Founders Factory Education Limited

Founders Factory Education Limited (Registered number: 09631006)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Founders Factory Education Limited (Registered number: 09631006)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 100,003 100,003

CURRENT ASSETS
Debtors 5 49,822 49,955

CREDITORS
Amounts falling due within one year 6 (19,750 ) (19,750 )
NET CURRENT ASSETS 30,072 30,205
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,075

130,208

PROVISIONS FOR LIABILITIES (80,000 ) (80,000 )
NET ASSETS 50,075 50,208

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 50,074 50,207
50,075 50,208

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 31 January 2024 and were signed by:





G E Kennaugh - Director


Founders Factory Education Limited (Registered number: 09631006)

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

1. STATUTORY INFORMATION

Founders Factory Education Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09631006

Registered office: 6th Floor
180 Strand
2 Arundel Street
London
WC2R 3DA

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.

Investments in associates
Investments in associate undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 January 2023
and 31 December 2023 100,003
NET BOOK VALUE
At 31 December 2023 100,003
At 31 December 2022 100,003

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 49,822 49,955

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 19,750 19,750