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REGISTERED NUMBER: 06993725 (England and Wales)








REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

SUMAN EDUCATION INTERNATIONAL LIMITED

SUMAN EDUCATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 06993725)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Report of the Director 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 6


SUMAN EDUCATION INTERNATIONAL LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTOR: Mr Y Xu





REGISTERED OFFICE: Britannic House
657 Liverpool Road
Irlam
Manchester
M44 5XD





BUSINESS ADDRESS: 67 Ayres Road
Old Trafford
Manchester
Greater Manchester
M16 9NH





REGISTERED NUMBER: 06993725 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

SUMAN EDUCATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 06993725)

REPORT OF THE DIRECTOR
for the Year Ended 31 December 2023

The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the supply of travel and the provision of educational services including english as a foreign language.

DIRECTOR
Mr Y Xu held office during the whole of the period from 1 January 2023 to the date of this report.

The director shown below was in office at 31 December 2023 but did not hold any interest in the Ordinary shares of £1.00 each at 1 January 2023 or 31 December 2023.

Mr Y Xu

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr Y Xu - Director


25 September 2024

SUMAN EDUCATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 06993725)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 7,561 8,511

CURRENT ASSETS
Debtors 5 184,728 155,929
Cash at bank and in hand 173,610 123,698
358,338 279,627
CREDITORS
Amounts falling due within one year 6 (358,396 ) (295,464 )
NET CURRENT LIABILITIES (58 ) (15,837 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,503

(7,326

)

CREDITORS
Amounts falling due after more than one
year

7

(15,105

)

(25,000

)
NET LIABILITIES (7,602 ) (32,326 )

CAPITAL AND RESERVES
Called up share capital 200,000 200,000
Retained earnings (207,602 ) (232,326 )
SHAREHOLDERS' FUNDS (7,602 ) (32,326 )

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 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 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.

SUMAN EDUCATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 06993725)

BALANCE SHEET - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





Mr Y Xu - Director


SUMAN EDUCATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 06993725)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Suman Education International 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 represents net invoiced services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

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.

SUMAN EDUCATION INTERNATIONAL LIMITED (REGISTERED NUMBER: 06993725)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 22,494 37,383 51,692 111,569
Additions - - 1,949 1,949
At 31 December 2023 22,494 37,383 53,641 113,518
DEPRECIATION
At 1 January 2023 20,382 32,751 49,925 103,058
Charge for year 529 1,158 1,212 2,899
At 31 December 2023 20,911 33,909 51,137 105,957
NET BOOK VALUE
At 31 December 2023 1,583 3,474 2,504 7,561
At 31 December 2022 2,112 4,632 1,767 8,511

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by participating interests 101,537 -
Other debtors 83,191 155,929
184,728 155,929

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,648 10,621
Amounts owed to group undertakings 270,513 280,491
Taxation and social security 537 1,244
Other creditors 76,698 3,108
358,396 295,464

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 15,105 25,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is Shizhen TCM (UK) Ltd.

The ultimate controlling party is Mr Y Xu.