Caseware UK (AP4) 2023.0.135 2023.0.135 2022-07-013falseNo description of principal activity3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08565292 2022-07-01 2023-06-30 08565292 2021-07-01 2022-06-30 08565292 2023-06-30 08565292 2022-06-30 08565292 c:Director1 2022-07-01 2023-06-30 08565292 d:FurnitureFittings 2022-07-01 2023-06-30 08565292 d:FurnitureFittings 2023-06-30 08565292 d:FurnitureFittings 2022-06-30 08565292 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 08565292 d:OfficeEquipment 2022-07-01 2023-06-30 08565292 d:OfficeEquipment 2023-06-30 08565292 d:OfficeEquipment 2022-06-30 08565292 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 08565292 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 08565292 d:CurrentFinancialInstruments 2023-06-30 08565292 d:CurrentFinancialInstruments 2022-06-30 08565292 d:Non-currentFinancialInstruments 2023-06-30 08565292 d:Non-currentFinancialInstruments 2022-06-30 08565292 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 08565292 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 08565292 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 08565292 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 08565292 d:ShareCapital 2023-06-30 08565292 d:ShareCapital 2022-06-30 08565292 d:RetainedEarningsAccumulatedLosses 2023-06-30 08565292 d:RetainedEarningsAccumulatedLosses 2022-06-30 08565292 c:OrdinaryShareClass1 2022-07-01 2023-06-30 08565292 c:OrdinaryShareClass1 2023-06-30 08565292 c:OrdinaryShareClass1 2022-06-30 08565292 c:FRS102 2022-07-01 2023-06-30 08565292 c:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 08565292 c:FullAccounts 2022-07-01 2023-06-30 08565292 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 08565292 2 2022-07-01 2023-06-30 08565292 6 2022-07-01 2023-06-30 08565292 e:PoundSterling 2022-07-01 2023-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08565292










Amelix Education Resources Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 30 June 2023

 
Amelix Education Resources Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Amelix Education Resources Limited for the year ended 30 June 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Amelix Education Resources Limited for the year ended 30 June 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Amelix Education Resources Limited, as a body, in accordance with the terms of our engagement letter dated 23 January 2023Our work has been undertaken solely to prepare for your approval the financial statements of Amelix Education Resources Limited and state those matters that we have agreed to state to the Board of directors of Amelix Education Resources Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Amelix Education Resources Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Amelix Education Resources Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Amelix Education Resources Limited. You consider that Amelix Education Resources Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Amelix Education Resources Limited. 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 financial statements.

  



Kreston Reeves LLP
Chartered Accountants
37 St Margaret's Street
Canterbury
Kent
CT1 2TU
8 March 2024
Page 1

 
Amelix Education Resources Limited
Registered number: 08565292

Balance sheet
As at 30 June 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,238
3,228

Investments
 5 
45
45

  
2,283
3,273

Current assets
  

Debtors: amounts falling due within one year
 6 
51,305
47,829

Cash at bank and in hand
  
77
46,867

  
51,382
94,696

Creditors: amounts falling due within one year
 7 
(67,863)
(53,430)

Net current (liabilities)/assets
  
 
 
(16,481)
 
 
41,266

Total assets less current liabilities
  
(14,198)
44,539

Creditors: amounts falling due after more than one year
 8 
6,000
(18,000)

  

Net (liabilities)/assets
  
(8,198)
26,539


Capital and reserves
  

Called up share capital 
 9 
500
500

Profit and loss account
  
(8,698)
26,039

  
(8,198)
26,539


Page 2

 
Amelix Education Resources Limited
Registered number: 08565292

Balance sheet (continued)
As at 30 June 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Louis Hurst
Director
Date: 8 March 2024

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
Amelix Education Resources Limited
 

 
Notes to the financial statements
For the year ended 30 June 2023

1.


General information

Amelix Education Resoures Limited is a private company limited by shares and is incorporated in England with registration number 08565292. The registered office address of the company is Amelix, 67 John Wilson Business Park, Whitstable, Kent CT5 3QT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

These financial statements are rounded to the nearest pound.
The company's functional and presentational currency is Pounds Sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

Page 4

 
Amelix Education Resources Limited
 

 
Notes to the financial statements
For the year ended 30 June 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 5

 
Amelix Education Resources Limited
 

 
Notes to the financial statements
For the year ended 30 June 2023

2.Accounting policies (continued)

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.13

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 July 2022
765
8,252
9,017


Additions
-
916
916



At 30 June 2023

765
9,168
9,933



Depreciation


At 1 July 2022
153
5,636
5,789


Charge for the year on owned assets
153
1,753
1,906



At 30 June 2023

306
7,389
7,695



Net book value



At 30 June 2023
459
1,779
2,238



At 30 June 2022
612
2,616
3,228

Page 6

 
Amelix Education Resources Limited
 

 
Notes to the financial statements
For the year ended 30 June 2023

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2022
45



At 30 June 2023
45





6.


Debtors

2023
2022
£
£


Trade debtors
7,876
10,300

Amounts owed by associated undertakings
18,105
18,105

Other debtors
25,324
19,424

51,305
47,829



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
25,581
6,000

Trade creditors
898
1,263

Amounts owed to associates
4,366
8,603

Other taxation and social security
8,669
13,104

Other creditors
27,449
23,560

Accruals and deferred income
900
900

67,863
53,430



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
(6,000)
18,000

(6,000)
18,000


Page 7

 
Amelix Education Resources Limited
 

 
Notes to the financial statements
For the year ended 30 June 2023

9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



500 (2022 - 500) Ordinary shares of £1 each
500
500



10.


Related party transactions

All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.


11.


Controlling party

The directors consider there to be no ultimate controlling party.


Page 8