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REGISTERED NUMBER: 03751875 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

ABMA EDUCATION LTD

ABMA EDUCATION LTD (REGISTERED NUMBER: 03751875)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ABMA EDUCATION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2023







DIRECTOR: V Rawal





SECRETARY: V Rawal





REGISTERED OFFICE: 7 Queens Square
Ascot Business Park
Lyndhurst Road
Ascot
Berkshire
SL5 9FE





REGISTERED NUMBER: 03751875 (England and Wales)






ABMA EDUCATION LTD (REGISTERED NUMBER: 03751875)

BALANCE SHEET
30TH SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 68,182 90,038
68,182 90,038

CURRENT ASSETS
Debtors 6 53,613 132,237
Cash at bank 23,530 26,043
77,143 158,280
CREDITORS
Amounts falling due within one year 7 188,136 201,606
NET CURRENT LIABILITIES (110,993 ) (43,326 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(42,811

)

46,712

CREDITORS
Amounts falling due after more than one year 8 379,280 513,058
NET LIABILITIES (422,091 ) (466,346 )

RESERVES
Income and expenditure account (422,091 ) (466,346 )
(422,091 ) (466,346 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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 director and authorised for issue on 18th September 2024 and were signed by:





V Rawal - Director


ABMA EDUCATION LTD (REGISTERED NUMBER: 03751875)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023


1. STATUTORY INFORMATION

ABMA EDUCATION LTD is a private company, limited by guarantee , 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.

Intangible assets
The intangible asset is being amortized over its estimated useful life of 5 years.

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 etc - 25% on reducing balance and 20% on reducing balance

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ABMA EDUCATION LTD (REGISTERED NUMBER: 03751875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023


2. ACCOUNTING POLICIES - continued

Covid - 19 and going concern
The director and member has made enquiries into the going concern status of the company. They have indicated their willingness to continue to support the company financially, and for this reason the director continue to prepare these financial statements on a going concern basis.

COVID-19 has severely impacted many economies around the globe. Businesses are being forced to cease or limit operations for indeterminable periods of time. Measures taken to contain the spread of the virus, including travel bans, quarantines, social distancing, and closures of non-essential services have triggered significant disruptions to businesses worldwide, resulting in an economic slowdown. Global stock markets have experienced great volatility and a significant weakening. The property market was effectively frozen during the period. Governments and central banks have responded with monetary and fiscal interventions to stabilise economic conditions

Accordingly, these financial statements have not been adjusted to reflect their possible impact. The duration and impact of the COVID-19 pandemic remains unclear at this time. Therefore it is not possible to accurately estimate the duration and severity of these consequences, as well as their impact on the financial position and results of the Company the short or long term.

Taking into account the support of our directors, shareholders and other factors, the Directors have taken a view that the Company will have sufficient financial resources to weather the impact of COVID-19 and continue as a going concern.

Turnover
Turnover represents net invoiced sales of services and course materials excluding value added tax.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st October 2022
and 30th September 2023 22,770
AMORTISATION
At 1st October 2022
and 30th September 2023 22,770
NET BOOK VALUE
At 30th September 2023 -
At 30th September 2022 -

ABMA EDUCATION LTD (REGISTERED NUMBER: 03751875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st October 2022
and 30th September 2023 360,452
DEPRECIATION
At 1st October 2022 270,414
Charge for year 21,856
At 30th September 2023 292,270
NET BOOK VALUE
At 30th September 2023 68,182
At 30th September 2022 90,038

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 55 -
Other debtors 53,558 132,237
53,613 132,237

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 135,600 135,600
Trade creditors 32,853 37,840
Taxation and social security 7,318 (4,834 )
Other creditors 12,365 33,000
188,136 201,606

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 379,280 513,058

9. RELATED PARTY DISCLOSURES

Other debtors balance of £53,558 at the year end includes £40,000 due from ABMA Ltd who has common director.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr V Rawal, member.