Acorah Software Products - Accounts Production 15.0.600 false true false 1 January 2023 31 December 2023 31 December 2023 14548973 Mrs Melanie Riding iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14548973 2022-12-31 14548973 2023-12-31 14548973 2023-01-01 2023-12-31 14548973 frs-core:Non-currentFinancialInstruments 2023-12-31 14548973 frs-core:FurnitureFittings 2023-12-31 14548973 frs-core:FurnitureFittings 2023-01-01 2023-12-31 14548973 frs-core:FurnitureFittings 2022-12-31 14548973 frs-core:ShareCapital 2023-12-31 14548973 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14548973 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 14548973 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 14548973 frs-bus:SmallEntities 2023-01-01 2023-12-31 14548973 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 14548973 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 14548973 frs-bus:Director1 2023-01-01 2023-12-31 14548973 frs-bus:Director1 2022-12-31 14548973 frs-bus:Director1 2023-12-31 14548973 frs-countries:EnglandWales 2023-01-01 2023-12-31
Registered number: 14548973
Northern Sky Education Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
TaxAssist Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14548973
2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,086
1,086
CURRENT ASSETS
Debtors 5 6,969
Cash at bank and in hand 750
7,719
NET CURRENT ASSETS (LIABILITIES) 7,719
TOTAL ASSETS LESS CURRENT LIABILITIES 8,805
Creditors: Amounts Falling Due After More Than One Year 6 (15,000 )
NET LIABILITIES (6,195 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (6,196 )
SHAREHOLDERS' FUNDS (6,195)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Melanie Riding
Director
12/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Northern Sky Education Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14548973 . The registered office is 38 Whalley Road, Clitheroe, Lancashire, BB7 1AW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1
1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 -
Additions 1,427
As at 31 December 2023 1,427
Depreciation
As at 1 January 2023 -
Provided during the period 341
As at 31 December 2023 341
Net Book Value
As at 31 December 2023 1,086
As at 1 January 2023 -
Page 2
Page 3
5. Debtors
2023
£
Due within one year
Other debtors 6,969
6. Creditors: Amounts Falling Due After More Than One Year
2023
£
Other loans 15,000
7. Share Capital
2023
£
Allotted, Called up and fully paid 1
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mrs Melanie Riding - - - - 6,969
The above loan is unsecured, interest free and repayable on demand.
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