IRIS Accounts Production v24.2.0.383 08312757 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083127572022-11-30083127572023-11-30083127572022-12-012023-11-30083127572021-11-30083127572021-12-012022-11-30083127572022-11-3008312757ns15:EnglandWales2022-12-012023-11-3008312757ns14:PoundSterling2022-12-012023-11-3008312757ns10:Director12022-12-012023-11-3008312757ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008312757ns10:SmallEntities2022-12-012023-11-3008312757ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008312757ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008312757ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008312757ns10:FullAccounts2022-12-012023-11-3008312757ns10:OrdinaryShareClass12022-12-012023-11-3008312757ns10:Director22022-12-012023-11-3008312757ns10:RegisteredOffice2022-12-012023-11-3008312757ns5:CurrentFinancialInstruments2023-11-3008312757ns5:CurrentFinancialInstruments2022-11-3008312757ns5:ShareCapital2023-11-3008312757ns5:ShareCapital2022-11-3008312757ns5:RetainedEarningsAccumulatedLosses2023-11-3008312757ns5:RetainedEarningsAccumulatedLosses2022-11-3008312757ns5:FurnitureFittings2022-12-012023-11-3008312757ns5:ComputerEquipment2022-12-012023-11-3008312757ns5:PlantMachinery2022-11-3008312757ns5:PlantMachinery2022-12-012023-11-3008312757ns5:PlantMachinery2023-11-3008312757ns5:PlantMachinery2022-11-3008312757ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3008312757ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3008312757ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 08312757 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

KAREN WILDING EDUCATION LIMITED

KAREN WILDING EDUCATION LIMITED (REGISTERED NUMBER: 08312757)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KAREN WILDING EDUCATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mrs K E Wilding
A J Wilding





REGISTERED OFFICE: Brackenway
Nether Skyborry
Knighton
Powys
LD7 1TW





REGISTERED NUMBER: 08312757 (England and Wales)





ACCOUNTANTS: Astbury Accountants Limited
12 Northgate
Bridgnorth
Shropshire
WV16 4ER

KAREN WILDING EDUCATION LIMITED (REGISTERED NUMBER: 08312757)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,277 2,238

CURRENT ASSETS
Stocks 1,000 750
Debtors 5 2,614 14,895
Prepayments and accrued income 12,818 -
Cash at bank 286,372 229,769
302,804 245,414
CREDITORS
Amounts falling due within one year 6 93,689 115,851
NET CURRENT ASSETS 209,115 129,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

210,392

131,801

PROVISIONS FOR LIABILITIES 285 425
NET ASSETS 210,107 131,376

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 210,007 131,276
SHAREHOLDERS' FUNDS 210,107 131,376

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 directors acknowledge their 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.

KAREN WILDING EDUCATION LIMITED (REGISTERED NUMBER: 08312757)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by:





Mrs K E Wilding - Director


KAREN WILDING EDUCATION LIMITED (REGISTERED NUMBER: 08312757)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Karen Wilding Education 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 represents net invoiced sales of goods and services, excluding value added tax.

Turnover from the sale of educational equipment is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on the dispatch of the goods.

The company provides educational training and content. Turnover is recognised in the accounting period in which the services are rendered when the outcome of the contract can be estimated reliably. For online content provision, turnover is recognised equally over the period of access.

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

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
(i) Cash and cash Equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks.

(ii) Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are stated at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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.


KAREN WILDING EDUCATION LIMITED (REGISTERED NUMBER: 08312757)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued
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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 5,820
DEPRECIATION
At 1 December 2022 3,582
Charge for year 961
At 30 November 2023 4,543
NET BOOK VALUE
At 30 November 2023 1,277
At 30 November 2022 2,238

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,614 14,820
Other debtors - 75
2,614 14,895

KAREN WILDING EDUCATION LIMITED (REGISTERED NUMBER: 08312757)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 966 2,418
Taxation and social security 47,167 47,368
Other creditors 45,556 66,065
93,689 115,851

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100