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Company Registration No. 9821575 (England and Wales)
International Teaching Seminars Ltd Unaudited accounts for the year ended 31 December 2023
International Teaching Seminars Ltd Unaudited accounts Contents
Page
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International Teaching Seminars Ltd Company Information for the year ended 31 December 2023
Directors
Ian Edward Staunton Mcdermott Graeme Roberts
Secretary
Adrian Pearce Baker
Company Number
9821575 (England and Wales)
Registered Office
Office 4 Hill House Farm Charfield GL12 8SY United Kingdom
Accountants
Parallel Accounting Ltd 8 Charis Avenue Bristol BS10 5JD
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International Teaching Seminars Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
975 
975 
Tangible assets
5,780 
5,780 
6,755 
6,755 
Current assets
Inventories
17,619 
17,619 
Debtors
(1,922)
25,928 
Investments
10,000 
- 
Cash at bank and in hand
6,104 
67,257 
31,801 
110,804 
Creditors: amounts falling due within one year
(174,127)
(195,376)
Net current liabilities
(142,326)
(84,572)
Net liabilities
(135,571)
(77,817)
Capital and reserves
Called up share capital
1,110 
1,110 
Profit and loss account
(136,681)
(78,927)
Shareholders' funds
(135,571)
(77,817)
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by
Ian Edward Staunton Mcdermott Director Company Registration No. 9821575
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International Teaching Seminars Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
International Teaching Seminars Ltd is a private company, limited by shares, registered in England and Wales, registration number 9821575. The registered office is Office 4 , Hill House Farm, Charfield, GL12 8SY, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
975 
At 31 December 2023
975 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
975 
At 31 December 2022
975 
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International Teaching Seminars Ltd Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
379,601 
At 31 December 2023
379,601 
Depreciation
At 1 January 2023
373,821 
At 31 December 2023
373,821 
Net book value
At 31 December 2023
5,780 
At 31 December 2022
5,780 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,503 
28,478 
Accrued income and prepayments
(2,550)
(2,550)
Other debtors
(875)
- 
(1,922)
25,928 
7
Investments held as current assets
2023 
2022 
£ 
£ 
Unlisted investments
10,000 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
26,588 
34,915 
VAT
3,727 
15,877 
Trade creditors
13,373 
10,965 
Taxes and social security
1,684 
2,627 
Other creditors
901 
877 
Loans from directors
127,854 
130,115 
174,127 
195,376 
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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