IRIS Accounts Production v24.1.9.2 09887766 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098877662022-10-31098877662023-10-31098877662022-11-012023-10-31098877662021-10-31098877662021-11-012022-10-31098877662022-10-3109887766ns15:EnglandWales2022-11-012023-10-3109887766ns14:PoundSterling2022-11-012023-10-3109887766ns10:Director12022-11-012023-10-3109887766ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3109887766ns10:SmallEntities2022-11-012023-10-3109887766ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3109887766ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3109887766ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3109887766ns10:FullAccounts2022-11-012023-10-3109887766ns10:RegisteredOffice2022-11-012023-10-3109887766ns5:CurrentFinancialInstruments2023-10-3109887766ns5:CurrentFinancialInstruments2022-10-3109887766ns5:ShareCapital2023-10-3109887766ns5:ShareCapital2022-10-3109887766ns5:RetainedEarningsAccumulatedLosses2023-10-3109887766ns5:RetainedEarningsAccumulatedLosses2022-10-3109887766ns5:ComputerEquipment2022-11-012023-10-3109887766ns5:ComputerEquipment2022-10-3109887766ns5:ComputerEquipment2023-10-3109887766ns5:ComputerEquipment2022-10-3109887766ns5:CostValuation2022-10-3109887766ns5:AdditionsToInvestments2023-10-3109887766ns5:RevaluationsIncreaseDecreaseInInvestments2023-10-3109887766ns5:CostValuation2023-10-3109887766ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3109887766ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31098877661ns10:Director12022-10-31098877661ns10:Director12021-10-31098877661ns10:Director12022-11-012023-10-31098877661ns10:Director12021-11-012022-10-31098877661ns10:Director12023-10-31098877661ns10:Director12022-10-31
REGISTERED NUMBER: 09887766 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

EMBODIMENT COURSES LIMITED

EMBODIMENT COURSES LIMITED (REGISTERED NUMBER: 09887766)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EMBODIMENT COURSES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: M Walsh





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 09887766 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

EMBODIMENT COURSES LIMITED (REGISTERED NUMBER: 09887766)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 - 169
Investments 4 102,000 120,893
102,000 121,062

CURRENT ASSETS
Debtors 5 7,108 30,509
Cash at bank 5,149 6,693
12,257 37,202
CREDITORS
Amounts falling due within one year 6 99,851 145,700
NET CURRENT LIABILITIES (87,594 ) (108,498 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,406

12,564

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 14,396 12,554
SHAREHOLDERS' FUNDS 14,406 12,564

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2024 and were signed by:





M Walsh - Director


EMBODIMENT COURSES LIMITED (REGISTERED NUMBER: 09887766)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

EMBODIMENT COURSES LIMITED (REGISTERED NUMBER: 09887766)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

3. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2022
and 31 October 2023 1,572
DEPRECIATION
At 1 November 2022 1,403
Charge for year 169
At 31 October 2023 1,572
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 169

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 November 2022 120,893
Additions 2,000
Revaluations (20,893 )
At 31 October 2023 102,000
NET BOOK VALUE
At 31 October 2023 102,000
At 31 October 2022 120,893

Cost or valuation at 31 October 2023 is represented by:

Other
investments
£   
Valuation in 2021 292,750
Valuation in 2022 (171,857 )
Valuation in 2023 (18,893 )
102,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by associates 7,108 11,058
Directors' loan accounts - 19,451
7,108 30,509

EMBODIMENT COURSES LIMITED (REGISTERED NUMBER: 09887766)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 291 -
Trade creditors 6,722 20,334
Amounts owed to associates 29,004 18,967
Tax 24,720 27,192
Social security and other taxes 2,479 682
VAT 4,022 3,522
Other creditors 30,250 72,752
Accrued expenses 2,363 2,251
99,851 145,700

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
M Walsh
Balance outstanding at start of year 19,451 42,151
Amounts advanced 93,570 80,160
Amounts repaid (113,021 ) (102,860 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 19,451

This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The controlling party is M Walsh.

This was by virtue of his 100% holding of the issued share capital.