1 April 2023 v2024.29.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP122172002023-04-012024-03-31122172002024-03-31122172002023-03-3112217200core:WithinOneYear2024-03-3112217200core:WithinOneYear2023-03-3112217200core:ShareCapital2024-03-3112217200core:ShareCapital2023-03-3112217200core:RetainedEarningsAccumulatedLosses2024-03-3112217200core:RetainedEarningsAccumulatedLosses2023-03-3112217200bus:Director12023-04-012024-03-3112217200bus:RegisteredOffice2023-04-012024-03-3112217200core:FurnitureFittings2023-04-012024-03-3112217200core:OfficeEquipment2023-04-012024-03-3112217200core:MotorVehicles2023-04-012024-03-31122172002022-04-012023-03-3112217200core:PlantMachinery2023-04-0112217200core:PlantMachinery2023-04-012024-03-3112217200core:PlantMachinery2024-03-3112217200core:PlantMachinery2023-03-3112217200core:BetweenOneFiveYears2024-03-3112217200core:BetweenOneFiveYears2023-03-3112217200core:MoreThanFiveYears2024-03-3112217200core:MoreThanFiveYears2023-03-311221720012023-04-012024-03-3112217200countries:EnglandWales2023-04-012024-03-3112217200bus:AuditExemptWithAccountantsReport2023-04-012024-03-3112217200bus:PrivateLimitedCompanyLtd2023-04-012024-03-3112217200bus:SmallEntities2023-04-012024-03-3112217200bus:FullAccounts2023-04-012024-03-31
Company registration number:
12217200
Henry David Learning Ltd
Unaudited Filleted Financial Statements for the year ended
31 March 2024
Henry David Learning Ltd
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Tangible assets 5
24,084
 
12,535
 
Current assets    
Debtors 6
56,383
 
91,272
 
Cash at bank and in hand
48,104
 
22,425
 
104,487
 
113,697
 
Creditors: amounts falling due within one year 7
(146,304
)
(125,097
)
Net current liabilities
(41,817
)
(11,400
)
Total assets less current liabilities (17,733 ) 1,135  
Provisions for liabilities
(6,021
) -  
Net (liabilities)/assets
(23,754
)
1,135
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(23,854
)
1,035
 
Shareholders (deficit)/funds
(23,754
)
1,135
 
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
26 June 2024
, and are signed on behalf of the board by:
Z Lal
Director
Company registration number:
12217200
Henry David Learning Ltd
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Suite 2 Millennium Court First Avenue
,
Centrum 100
,
Burton-On-Trent
,
Staffordshire
,
DE14 2WH
, .

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Going concern

The company is showing net liabilities of £23,754 at March 2024.The Director is providing financial support and considers it appropiate to prepare acounts on a going concern basis.

Turnover

Turnover is measured at the fair value of fees charged for educational placements .

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
25% straight line
Office equipment
3 years straight line
Motor vehicles
25% straight line

Financial instruments

The company has only financial assets and financial liabilities of a kind that qualify as a basic financial instrument.Basic financial instruments are recognised initially at transaction value and subsequently measued at their setlement value.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.
Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

The company operates defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the year to which they relate.The assets of the scheme are held separately from those of the company in independently administered funds.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was
12
(2023:
8.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2023
17,769
 
Additions
19,044
 
At
31 March 2024
36,813
 
Depreciation  
At
1 April 2023
5,234
 
Charge
7,495
 
At
31 March 2024
12,729
 
Carrying amount  
At
31 March 2024
24,084
 
At 31 March 2023
12,535
 

6 Debtors

20242023
££
Trade debtors
45,333
  -  
Other debtors
11,050
 
91,272
 
56,383
 
91,272
 

7 Creditors: amounts falling due within one year

20242023
££
Trade creditors
6,963
 
74
 
Taxation and social security
132,729
 
48,523
 
Other creditors
6,612
 
76,500
 
146,304
 
125,097
 

8 Operating leases

The company as lessee    
20242023
££
Not later than 1 year
64,800
 
64,800
 
Later than 1 year and not later than 5 years
259,200
 
259,200
 
Later than 5 years
44,600
 
109,400
 
368,600
 
433,400
 

9 Director's advances, credit and guarantees

An advance of £75,000 made to the Director outstanding at 31st Mach 2023 was repaid during the year ended 31 March 2024.