SchoolTV UK Ltd 14313269 false 2022-08-23 2023-08-31 2023-08-31 The principal activity of the company is that of provision of information technology services and educational support services. Digita Accounts Production Advanced 6.30.9574.0 true true 14313269 2022-08-23 2023-08-31 14313269 2023-08-31 14313269 bus:OrdinaryShareClass1 2023-08-31 14313269 core:CurrentFinancialInstruments 2023-08-31 14313269 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 14313269 bus:SmallEntities 2022-08-23 2023-08-31 14313269 bus:AuditExemptWithAccountantsReport 2022-08-23 2023-08-31 14313269 bus:FullAccounts 2022-08-23 2023-08-31 14313269 bus:SmallCompaniesRegimeForAccounts 2022-08-23 2023-08-31 14313269 bus:RegisteredOffice 2022-08-23 2023-08-31 14313269 bus:Director1 2022-08-23 2023-08-31 14313269 bus:Director2 2022-08-23 2023-08-31 14313269 bus:OrdinaryShareClass1 2022-08-23 2023-08-31 14313269 bus:PrivateLimitedCompanyLtd 2022-08-23 2023-08-31 14313269 countries:EnglandWales 2022-08-23 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14313269

SchoolTV UK Ltd

Unaudited Filleted Financial Statements

for the Period from 23 August 2022 to 31 August 2023

 

SchoolTV UK Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

SchoolTV UK Ltd

Company Information

Directors

Robert Hastings Leishman

Jamie Barrett Wilson

Registered office

4TH Floor - Silverstream House
45 Fitzroy Street
London
W1T 6EB

Accountants

Michaelides Warner & Co
102 Fulham Palace Road
London
W6 9PL

 

SchoolTV UK Ltd

(Registration number: 14313269)
Balance Sheet as at 31 August 2023

Note

2023
£

Current assets

 

Debtors

4

2,441

Cash at bank and in hand

 

3,874

 

6,315

Creditors: Amounts falling due within one year

5

(76,749)

Net liabilities

 

(70,434)

Capital and reserves

 

Called up share capital

6

10

Retained earnings

(70,444)

Shareholders' deficit

 

(70,434)

For the financial period ending 31 August 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 accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 August 2024 and signed on its behalf by:
 

 

SchoolTV UK Ltd

(Registration number: 14313269)
Balance Sheet as at 31 August 2023

.........................................
Robert Hastings Leishman
Director

.........................................
Jamie Barrett Wilson
Director

 

SchoolTV UK Ltd

Notes to the Unaudited Financial Statements for the Period from 23 August 2022 to 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4TH Floor - Silverstream House
45 Fitzroy Street
London
W1T 6EB
England

These financial statements were authorised for issue by the Board on 2 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

SchoolTV UK Ltd

Notes to the Unaudited Financial Statements for the Period from 23 August 2022 to 31 August 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Debtors

Current

Note

2023
£

Trade debtors

 

2,200

Amounts owed by related parties

10

Other debtors

 

231

   

2,441

 

SchoolTV UK Ltd

Notes to the Unaudited Financial Statements for the Period from 23 August 2022 to 31 August 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Trade creditors

1,000

Accruals and deferred income

7,000

Other creditors

68,749

76,749

6

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary A shares of £0.01 each

1,000

10