Company Registration No. 11232511 (England and Wales)
Learn Away Ltd
Unaudited accounts
for the year ended 31 March 2024
Learn Away Ltd
Unaudited accounts
Contents
Learn Away Ltd
Company Information
for the year ended 31 March 2024
Company Number
11232511 (England and Wales)
Registered Office
96 North Road
Hertford
Hertfordshire
SG14 2BZ
United Kingdom
Learn Away Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
90,852
185,670
Creditors: amounts falling due within one year
(354,306)
(347,387)
Net current (liabilities)/assets
(17,506)
31,115
Total assets less current liabilities
(16,944)
31,415
Provisions for liabilities
Net (liabilities)/assets
(16,944)
31,358
Called up share capital
1
1
Profit and loss account
(16,945)
31,357
Shareholders' funds
(16,944)
31,358
For the year ending 31 March 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2024 and were signed on its behalf by
Adelle Barnett
Director
Company Registration No. 11232511
Learn Away Ltd
Notes to the Accounts
for the year ended 31 March 2024
Learn Away Ltd is a private company, limited by shares, registered in England and Wales, registration number 11232511. The registered office is 96 North Road, Hertford, Hertfordshire, SG14 2BZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,500
3,528
5,028
At 31 March 2024
1,500
4,077
5,577
At 1 April 2023
1,500
3,228
4,728
Charge for the year
-
287
287
At 31 March 2024
1,500
3,515
5,015
At 31 March 2024
-
562
562
At 31 March 2023
-
300
300
Learn Away Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
110,346
61,585
Accrued income and prepayments
130,125
131,083
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
27,550
19,912
Taxes and social security
-
8,079
Other creditors
13,696
10,944
Loans from directors
4
732
Deferred income
306,311
307,720
7
Average number of employees
During the year the average number of employees was 3 (2023: 2).