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REGISTERED NUMBER: 09008303 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

MOXTON EDUCATION LTD

MOXTON EDUCATION LTD (REGISTERED NUMBER: 09008303)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOXTON EDUCATION LTD

COMPANY INFORMATION
for the Year Ended 30th April 2024







DIRECTOR: G J Chandler





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 09008303 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

MOXTON EDUCATION LTD (REGISTERED NUMBER: 09008303)

BALANCE SHEET
30th April 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,437 7,063

CURRENT ASSETS
Debtors 5 546,657 418,918
Cash at bank 496,024 393,126
1,042,681 812,044
CREDITORS
Amounts falling due within one year 6 228,560 163,506
NET CURRENT ASSETS 814,121 648,538
TOTAL ASSETS LESS CURRENT
LIABILITIES

821,558

655,601

CREDITORS
Amounts falling due after more than one
year

7

(11,472

)

(21,478

)

PROVISIONS FOR LIABILITIES 8 (1,859 ) (1,766 )
NET ASSETS 808,227 632,357

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 808,127 632,257
SHAREHOLDERS' FUNDS 808,227 632,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

MOXTON EDUCATION LTD (REGISTERED NUMBER: 09008303)

BALANCE SHEET - continued
30th April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd August 2024 and were signed by:





G J Chandler - Director


MOXTON EDUCATION LTD (REGISTERED NUMBER: 09008303)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Moxton Education 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

MOXTON EDUCATION LTD (REGISTERED NUMBER: 09008303)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st May 2023 3,783 142 3,082 15,461 22,468
Additions - - 408 4,786 5,194
Disposals - - - (10,277 ) (10,277 )
At 30th April 2024 3,783 142 3,490 9,970 17,385
DEPRECIATION
At 1st May 2023 1,040 56 2,907 11,402 15,405
Charge for year 567 28 220 2,642 3,457
Eliminated on disposal - - - (8,914 ) (8,914 )
At 30th April 2024 1,607 84 3,127 5,130 9,948
NET BOOK VALUE
At 30th April 2024 2,176 58 363 4,840 7,437
At 30th April 2023 2,743 86 175 4,059 7,063

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade debtors 218,549 136,868
Other debtors 520 -
Intercompany loan 291,711 277,155
Directors' current accounts 34,644 -
Prepayments 1,233 4,895
546,657 418,918

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 10,195 10,189
Trade creditors 24,156 18,255
Tax 118,871 82,316
Social security and other taxes 1,534 158
VAT 69,760 46,521
Other creditors 493 -
Directors' current accounts - 2,165
Accrued expenses 3,551 3,902
228,560 163,506

MOXTON EDUCATION LTD (REGISTERED NUMBER: 09008303)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/24 30/4/23
£    £   
Bank loans - 1-2 years 10,452 10,447
Bank loans - 2-5 years 1,020 11,031
11,472 21,478

8. PROVISIONS FOR LIABILITIES
30/4/24 30/4/23
£    £   
Deferred tax 1,859 1,766

Deferred
tax
£   
Balance at 1st May 2023 1,766
Accelerated capital allowances 93
Balance at 30th April 2024 1,859

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
90 Ordinary £1 90 90
10 Ordinary 'A' £1 10 10
100 100

10. CONTINGENT LIABILITIES

The company had no contingent liabilities at 30th April 2024 or 30th April 2023.

11. CAPITAL COMMITMENTS
30/4/24 30/4/23
£    £   
Contracted but not provided for in the
financial statements - -

12. RELATED PARTY DISCLOSURES

Intercompany loans (note 8 to the accounts) represent loans to Chandler Bros Ltd of £38,614 (2023 £39,512) and Moxton Properties Ltd of £253,097 (2023 £237,643). Mr GJ Chandler is a director and shareholder of both these companies.

13. ULTIMATE CONTROLLING PARTY

G J Chandler owns 90% of the issued share capital of the company.