Informal Learning Limited |
Registered Number:06675948 |
For the year ended 31 August 2023
England and Wales
Report of the Directors and Financial Statements
For the year ended 31 August 2023
Informal Learning Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Informal Learning Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
58,138
46,141
2
58,138
46,141
Trade and other receivables |
41,036
28,547
3
520,100
Cash and cash equivalents |
583,860
612,407
561,136
Trade and other payables: amounts falling due within one |
year |
(60,869)
(78,282)
4
500,267
534,125
Net current assets
Total assets less current liabilities |
592,263
546,408
Trade and other payables: amounts falling due after more |
than one year |
(6,374)
(8,096)
5
584,167
Net assets
540,034
584,167
540,034
584,167
540,034
Members' Funds
For the year ended 31 August 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mrs M A Iwanuschak Director |
These financial statements were approved and authorised for issue by the Board on 09 April 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 August 2023
Informal Learning Limited
Notes to the Financial Statements
Statutory Information
Informal Learning Limited is a private limited company, limited by guarantee, domiciled in England and Wales, |
registration number 06675948. |
Principal place of business: |
26 Lime Crescent
Sandal
Wakefield
West Yorkshire
WF2 6RY
36 Ropergate
Pontefract
West Yorkshire
WF8 1LY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 31 August 2023
Informal Learning Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
93,722
4,941
14,357
74,424
29,351
4,163
-
25,188
-
-
(16,884)
(16,884)
82,728
14,357
9,104
106,189
Provision for depreciation and impairment |
47,581
3,713
3,822
40,046
Charge for year
17,354
1,407
1,580
14,367
(16,884)
-
-
(16,884)
48,051
5,120
5,402
37,529
45,199
8,955
3,984
58,138
34,378
10,535
1,228
46,141
Land & Buildings revaluation carried out 25 August 2021.
3. Trade and other receivables |
2022
2023
5,548
10,661
22,999
30,375
41,036
28,547
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
12,180
20,127
66,102
40,742
78,282
60,869
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For the year ended 31 August 2023
Informal Learning Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
8,096
6,374
6. Average number of persons employed |
During the year the average number of employees was 10 (2022 : 10)
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