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REGISTERED NUMBER: 03078881 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Christian Education Europe Limited

Christian Education Europe Limited (Registered number: 03078881)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Christian Education Europe Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: B Lewis
T J Vince
A P Franklin
R Hargreaves





REGISTERED OFFICE: Maranatha House
Northford Close
Shrivenham
Swindon
Wiltshire
SN6 8HL





REGISTERED NUMBER: 03078881 (England and Wales)





ACCOUNTANTS: Chris Vaughan
Accountants
195 Ermin Street
Swindon
Wiltshire
SN3 4NA

Christian Education Europe Limited (Registered number: 03078881)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 57,952 68,040
57,952 68,040

CURRENT ASSETS
Stocks 182,490 123,067
Debtors 6 25,223 23,400
Cash at bank and in hand 100,388 115,847
308,101 262,314
CREDITORS
Amounts falling due within one year 7 170,695 137,882
NET CURRENT ASSETS 137,406 124,432
TOTAL ASSETS LESS CURRENT
LIABILITIES

195,358

192,472

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 195,258 192,372
SHAREHOLDERS' FUNDS 195,358 192,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by:



T J Vince - Director


Christian Education Europe Limited (Registered number: 03078881)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Christian Education Europe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Christian Education Europe Limited (Registered number: 03078881)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 47,415
AMORTISATION
At 1 January 2023
and 31 December 2023 47,415
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023 15,748 52,007 66,524 134,279
Additions - 5,030 - 5,030
At 31 December 2023 15,748 57,037 66,524 139,309
DEPRECIATION
At 1 January 2023 14,310 26,985 24,944 66,239
Charge for year 216 4,507 10,395 15,118
At 31 December 2023 14,526 31,492 35,339 81,357
NET BOOK VALUE
At 31 December 2023 1,222 25,545 31,185 57,952
At 31 December 2022 1,438 25,022 41,580 68,040

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 4,528 3,958
Other debtors 15,743 16,272
Prepayments 4,952 3,170
25,223 23,400

Christian Education Europe Limited (Registered number: 03078881)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 137,342 108,592
Tax 2,558 11,621
Social security and other taxes 28,415 15,354
Accrued expenses 2,380 2,315
170,695 137,882

8. RELATED PARTY DISCLOSURES

During the financial year the following transactions were conducted with related parties -
£18000 was paid to Land & Life Limited,a company operated by T. Vince who is a director of the company, in respect of consultancy services.

£4505 was paid to Franklin and Associates Limited, a company operated by S. Franklin, husband of A.P. Franklin, a director of the company, in respect of book-keeping services.

9. ULTIMATE CONTROLLING PARTY

The company is controlled by its' directors. No individual exercises overall control.