Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-04-01falsetrueNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false10 13969223 2023-04-01 2023-12-31 13969223 2022-04-01 2023-03-31 13969223 2023-12-31 13969223 2023-03-31 13969223 c:Director1 2023-04-01 2023-12-31 13969223 d:CurrentFinancialInstruments 2023-12-31 13969223 d:CurrentFinancialInstruments 2023-03-31 13969223 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13969223 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13969223 d:ShareCapital 2023-12-31 13969223 d:ShareCapital 2023-03-31 13969223 d:RetainedEarningsAccumulatedLosses 2023-12-31 13969223 d:RetainedEarningsAccumulatedLosses 2023-03-31 13969223 c:OrdinaryShareClass1 2023-04-01 2023-12-31 13969223 c:OrdinaryShareClass1 2023-12-31 13969223 c:OrdinaryShareClass1 2023-03-31 13969223 c:FRS102 2023-04-01 2023-12-31 13969223 c:AuditExemptWithAccountantsReport 2023-04-01 2023-12-31 13969223 c:FullAccounts 2023-04-01 2023-12-31 13969223 c:PrivateLimitedCompanyLtd 2023-04-01 2023-12-31 13969223 e:PoundSterling 2023-04-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13969223


 







NEW ERA EDUCATION INDUSTRY UK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
NEW ERA EDUCATION INDUSTRY UK LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NEW ERA EDUCATION INDUSTRY UK LTD
FOR THE PERIOD ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of New ERA Education Industry UK Ltd for the period ended 31 December 2023 which comprise  the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of New ERA Education Industry UK Ltd in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of New ERA Education Industry UK Ltd and state those matters that we have agreed to state to the director of New ERA Education Industry UK Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than New ERA Education Industry UK Ltd and its director for our work or for this report. 

It is your duty to ensure that New ERA Education Industry UK Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of New ERA Education Industry UK Ltd. You consider that New ERA Education Industry UK Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of New ERA Education Industry UK Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Nyman Libson Paul LLP
 
Chartered Accountants
  
124 Finchley Road
London
NW3 5JS
20 September 2024
Page 1

 
NEW ERA EDUCATION INDUSTRY UK LTD
REGISTERED NUMBER: 13969223

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

31 December
31 March
2023
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
 4 
118,067
100

  
118,067
100

Creditors: amounts falling due within one year
 5 
(228,193)
-

Net current (liabilities)/assets
  
 
 
(110,126)
 
 
100

Total assets less current liabilities
  
(110,126)
100

  

Net (liabilities)/assets
  
(110,126)
100


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
(110,226)
-

  
(110,126)
100


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 September 2024.




Yanling Yang
Director

Page 2

 
NEW ERA EDUCATION INDUSTRY UK LTD
REGISTERED NUMBER: 13969223
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
NEW ERA EDUCATION INDUSTRY UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

New ERA Education Industry UK Ltd ('the company') is a private limited by shares and is incorporated in England.  The address of its registered office is 124 Finchley Road, London, England, NW3 5JS.  The principal activity of the company is educational support services. The company started trading on 07 April 2023.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company shows net liabilities at the reporting date of £110,126. The company has received formal confirmation from its immediate parent, Wuhan Union New Era Education Industry Co.,Ltd, that the company will receive the financial support it requires to enable it to meet its liabilities as they fall due.
The directors has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements, but with the proviso that a material uncertainly exists over the company’s future.
In making their assessment of going concern, the director has considered information for a period of at least twelve months from the date the financial statements were authorised for issue.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.4

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 0).

Page 4

 
NEW ERA EDUCATION INDUSTRY UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Cash and cash equivalents

31 December
31 March
2023
2022
£
£

Cash at bank and in hand
118,067
100

118,067
100



5.


Creditors: Amounts falling due within one year

31 December
31 March
2023
2023
£
£

Amounts owed to group undertakings
189,900
-

Other taxation and social security
1,164
-

Other creditors
31,179
-

Accruals and deferred income
5,950
-

228,193
-



6.


Share capital

31 December
31 March
2023
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



7.


Related party transactions

At the balance sheet date, the company owed to its parent company, Wuhan Union New Era Education Industry Co.,Ltd, £189,900 who is holding more than 75% shares of New ERA Education Industry UK Ltd.
As at the balance sheet, the director owed the company £31,179 (2023: nil) which will be paid within 9 months. 

Page 5

 
NEW ERA EDUCATION INDUSTRY UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

8.


Controlling party

The company's immediate parent company is Wuhan Union New Era Education Industry Co.,Ltd, which address is 2/F 392 Xinhua Road, Taipei Street, Jiangan District, Wuhan City, China, 430022. 
The company's ultimate controlling party is Z Yu, who is holding 60% shares of Wuhan Union New Era Education Industry Co.,Ltd. 

 
Page 6