0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-09-01 Sage Accounts Production Advanced 2023 - FRS102_2023 151,100 9,000 142,100 142,100 xbrli:pure xbrli:shares iso4217:GBP 06442512 2022-09-01 2023-12-31 06442512 2023-12-31 06442512 2022-08-31 06442512 2021-09-01 2022-08-31 06442512 2022-08-31 06442512 2021-08-31 06442512 bus:Director4 2022-09-01 2023-12-31 06442512 bus:Director7 2022-09-01 2023-12-31 06442512 core:WithinOneYear 2023-12-31 06442512 core:WithinOneYear 2022-08-31 06442512 core:ShareCapital 2023-12-31 06442512 core:ShareCapital 2022-08-31 06442512 core:SharePremium 2023-12-31 06442512 core:SharePremium 2022-08-31 06442512 core:RetainedEarningsAccumulatedLosses 2023-12-31 06442512 core:RetainedEarningsAccumulatedLosses 2022-08-31 06442512 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 06442512 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2023-12-31 06442512 core:Non-currentFinancialInstruments 2023-12-31 06442512 core:Non-currentFinancialInstruments 2022-08-31 06442512 bus:SmallEntities 2022-09-01 2023-12-31 06442512 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-12-31 06442512 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-12-31 06442512 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-12-31 06442512 bus:FullAccounts 2022-09-01 2023-12-31
COMPANY REGISTRATION NUMBER: 06442512
EIA Partnership Limited
Filleted Unaudited Financial Statements
31 December 2023
EIA Partnership Limited
Financial Statements
Period from 1 September 2022 to 31 December 2023
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
EIA Partnership Limited
Statement of Financial Position
31 December 2023
31 Dec 23
31 Aug 22
Note
£
£
£
Fixed assets
Investments
5
142,100
142,100
Current assets
Cash at bank and in hand
123
123
Creditors: amounts falling due within one year
6
145,566
139,710
---------
---------
Net current liabilities
145,443
139,587
---------
---------
Total assets less current liabilities
( 3,343)
2,513
-------
-------
Net (liabilities)/assets
( 3,343)
2,513
-------
-------
Capital and reserves
Called up share capital
1,000
1,000
Share premium account
5,940
5,940
Profit and loss account
( 10,283)
( 4,427)
--------
-------
Shareholders (deficit)/funds
( 3,343)
2,513
--------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 February 2024 , and are signed on behalf of the board by:
M J Turner
N Barnes
Director
Director
Company registration number: 06442512
EIA Partnership Limited
Notes to the Financial Statements
Period from 1 September 2022 to 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Employee numbers
The average number of employees during the year amounted to 5 (2022: 5).
5. Investments
Shares in group undertakings
£
Cost
At 1 September 2022 and 31 December 2023
151,100
---------
Impairment
At 1 September 2022 and 31 December 2023
9,000
---------
Carrying amount
At 31 December 2023
142,100
---------
At 31 August 2022
142,100
---------
The company owns 100% of the issued share capital of both English in Action Limited and EIA English Language Services Limited
6. Creditors: amounts falling due within one year
31 Dec 23
31 Aug 22
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
143,646
137,790
Other creditors
1,920
1,920
---------
---------
145,566
139,710
---------
---------
There is a debenture secured against the company's property undertaking and assets.
7. Related party transactions
At the balance sheet date the company owed £143,546 (2022: £137,690) to a subsidiary. At the balance sheet date the company owed £100 (2022: £100) to a subsidiary.