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REGISTERED NUMBER: 09302375 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Study Skills Zone Limited

Study Skills Zone Limited (Registered number: 09302375)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Study Skills Zone Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: M T Watson





REGISTERED OFFICE: 36A Market Street
New Mills
High Peak
SK22 4AA





REGISTERED NUMBER: 09302375 (England and Wales)





ACCOUNTANTS: DLA Chartered Accountants
36A Market Street
New Mills
High Peak
SK22 4AA

Study Skills Zone Limited (Registered number: 09302375)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,316 899

CURRENT ASSETS
Debtors 5 45,664 63,265
Cash at bank 34,259 51,553
79,923 114,818
CREDITORS
Amounts falling due within one year 6 50,638 79,898
NET CURRENT ASSETS 29,285 34,920
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,601

35,819

CREDITORS
Amounts falling due after more than one
year

7

6,000

10,000
NET ASSETS 30,601 25,819

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 30,501 25,719
SHAREHOLDERS' FUNDS 30,601 25,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 23 July 2024 and were signed by:





M T Watson - Director


Study Skills Zone Limited (Registered number: 09302375)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Study Skills Zone Limited 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 33% on reducing balance
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Study Skills Zone Limited (Registered number: 09302375)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022 1,110 - 100 1,210
Additions 906 576 8,330 9,812
At 30 November 2023 2,016 576 8,430 11,022
DEPRECIATION
At 1 December 2022 278 - 33 311
Charge for year 434 190 2,771 3,395
At 30 November 2023 712 190 2,804 3,706
NET BOOK VALUE
At 30 November 2023 1,304 386 5,626 7,316
At 30 November 2022 832 - 67 899

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 45,509 52,151
Bright Futures Experience Limited 155 11,114
45,664 63,265

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other loans 4,000 4,000
Trade creditors 325 14,624
Tax 6,563 7,826
Social security and other taxes (164 ) 245
VAT 12,686 18,519
Prepaid income - 954
Directors' current accounts 26,378 32,880
Accrued expenses 850 850
50,638 79,898

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Other loans - 1-2 years 4,000 4,000
Other loans - 2-5 years 2,000 6,000
6,000 10,000