Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09448568 Mr D Owen Mrs L Myers Mr D Grace Mr A Larholt Mrs E Larholt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09448568 2022-12-31 09448568 2023-12-31 09448568 2023-01-01 2023-12-31 09448568 frs-core:CurrentFinancialInstruments 2023-12-31 09448568 frs-core:Non-currentFinancialInstruments 2023-12-31 09448568 frs-core:FurnitureFittings 2023-12-31 09448568 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09448568 frs-core:FurnitureFittings 2022-12-31 09448568 frs-core:PlantMachinery 2023-12-31 09448568 frs-core:PlantMachinery 2023-01-01 2023-12-31 09448568 frs-core:PlantMachinery 2022-12-31 09448568 frs-core:SharePremium 2023-12-31 09448568 frs-core:ShareCapital 2023-12-31 09448568 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09448568 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09448568 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09448568 frs-bus:SmallEntities 2023-01-01 2023-12-31 09448568 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09448568 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09448568 frs-bus:Director1 2023-01-01 2023-12-31 09448568 frs-bus:Director2 2023-01-01 2023-12-31 09448568 frs-bus:Director3 2023-01-01 2023-12-31 09448568 frs-bus:Director4 2023-01-01 2023-12-31 09448568 frs-bus:Director5 2023-01-01 2023-12-31 09448568 frs-core:CurrentFinancialInstruments 1 2023-12-31 09448568 frs-countries:EnglandWales 2023-01-01 2023-12-31 09448568 2021-12-31 09448568 2022-12-31 09448568 2022-01-01 2022-12-31 09448568 frs-core:CurrentFinancialInstruments 2022-12-31 09448568 frs-core:Non-currentFinancialInstruments 2022-12-31 09448568 frs-core:SharePremium 2022-12-31 09448568 frs-core:ShareCapital 2022-12-31 09448568 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 09448568 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 09448568
Uniform Education Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09448568
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 1
1 1
CURRENT ASSETS
Debtors 5 678,268 685,302
Cash at bank and in hand 270,855 241,409
949,123 926,711
Creditors: Amounts Falling Due Within One Year 6 (1,624,443 ) (1,858,440 )
NET CURRENT ASSETS (LIABILITIES) (675,320 ) (931,729 )
TOTAL ASSETS LESS CURRENT LIABILITIES (675,319 ) (931,728 )
Creditors: Amounts Falling Due After More Than One Year 7 (24,167 ) (34,167 )
NET LIABILITIES (699,486 ) (965,895 )
CAPITAL AND RESERVES
Called up share capital 8 1,020 1,020
Share premium account 61,439 61,439
Profit and Loss Account (761,945 ) (1,028,354 )
SHAREHOLDERS' FUNDS (699,486) (965,895)
Page 1
Page 2
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.
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
Mr A Larholt
Director
12/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Uniform Education Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09448568 . The registered office is 100 Clifton Street, London, EC2A 4TP.
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:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 149 (2022: 67)
149 67
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 35,665 23,986 59,651
As at 31 December 2023 35,665 23,986 59,651
Depreciation
As at 1 January 2023 35,664 23,986 59,650
As at 31 December 2023 35,664 23,986 59,650
Net Book Value
As at 31 December 2023 1 - 1
As at 1 January 2023 1 - 1
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Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 615,259 608,404
Prepayments and accrued income 38,116 47,005
Other debtors 24,893 29,893
678,268 685,302
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 21,961 34,207
Other taxes and social security 35,262 31,881
VAT 74,474 283,540
Other creditors 957,484 1,039,711
Other creditors (1) 514,433 403,086
Accruals and deferred income 20,829 66,015
1,624,443 1,858,440
Included in Other creditors is the Invoice-factoring balance of £514,432 which are secured by fixed charges
over all the property or undertaking of the company.
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 24,167 34,167
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,020 1,020
9. Related Party Transactions
At the year end balance due to Montash Ltd, a company in which A D Larholt is also a director and controlling
shareholder was £957,484 (2022 : £1,035,298).
Page 4