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REGISTERED NUMBER: 11672901 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

School Resources Exchange Ltd

School Resources Exchange Ltd (Registered number: 11672901)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


School Resources Exchange Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mrs H Curry





REGISTERED OFFICE: 50 Buckingham Road
Bicester
Oxfordshire
OX26 6EF





REGISTERED NUMBER: 11672901 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
School Resources Exchange Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of School Resources Exchange Ltd for the year ended 30 November 2023 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of School Resources Exchange Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of School Resources Exchange Ltd and state those matters that we have agreed to state to the director of School Resources Exchange Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that School Resources Exchange Ltd 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 School Resources Exchange Ltd. You consider that School Resources Exchange Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of School Resources Exchange Ltd. 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.






Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE


Date: .............................................

School Resources Exchange Ltd (Registered number: 11672901)

Balance Sheet
30 November 2023

30/11/23 30/11/22
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,843 -

CURRENT ASSETS
Debtors 5 - 100
Cash at bank 12,946 -
12,946 100
CREDITORS
Amounts falling due within one year 6 (21,435 ) -
NET CURRENT (LIABILITIES)/ASSETS (8,489 ) 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,646

)

100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (6,746 ) -
(6,646 ) 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

School Resources Exchange Ltd (Registered number: 11672901)

Balance Sheet - continued
30 November 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 10 April 2024 and were signed by:





Mrs H Curry - Director


School Resources Exchange Ltd (Registered number: 11672901)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

School Resources Exchange Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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.

3. EMPLOYEES AND DIRECTORS

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

School Resources Exchange Ltd (Registered number: 11672901)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 2,304
At 30 November 2023 2,304
AMORTISATION
Charge for year 461
At 30 November 2023 461
NET BOOK VALUE
At 30 November 2023 1,843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Other debtors - 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 17,500 -
Other creditors 3,935 -
21,435 -