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
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
International Teaching Seminars Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
5,780
5,780
Cash at bank and in hand
6,104
67,257
Creditors: amounts falling due within one year
(174,127)
(195,376)
Net current liabilities
(142,326)
(84,572)
Net liabilities
(135,571)
(77,817)
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
International Teaching Seminars Ltd
Notes to the Accounts
for the year ended 31 December 2023
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.
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:
Fixtures & fittings
25% reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
International Teaching Seminars Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Fixtures & fittings
At 31 December 2023
379,601
At 31 December 2023
373,821
Amounts falling due within one year
Trade debtors
1,503
28,478
Accrued income and prepayments
(2,550)
(2,550)
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
Trade creditors
13,373
10,965
Taxes and social security
1,684
2,627
Loans from directors
127,854
130,115
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).