Company Registration No. 11282306 (England and Wales)
My School Resources Ltd
Unaudited accounts
for the year ended 31 March 2024
My School Resources Ltd
Unaudited accounts
Contents
My School Resources Ltd
Company Information
for the year ended 31 March 2024
Company Number
11282306 (England and Wales)
Registered Office
128 City Road
London
EC1V 2NX
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
My School Resources Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
154
(4)
Creditors: amounts falling due within one year
(1,549)
(1,311)
Net current liabilities
(1,395)
(1,315)
Net assets/(liabilities)
428
(1,315)
Called up share capital
20
20
Profit and loss account
408
(1,335)
Shareholders' funds
428
(1,315)
For the year ending 31 March 2024 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 September 2024 and were signed on its behalf by
Catriona Chinn
Director
Company Registration No. 11282306
My School Resources Ltd
Notes to the Accounts
for the year ended 31 March 2024
My School Resources Ltd is a private company, limited by shares, registered in England and Wales, registration number 11282306. The registered office is 128 City Road, London, EC1V 2NX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 March 2024
200
2,079
2,279
Charge for the year
40
416
456
At 31 March 2024
40
416
456
At 31 March 2024
160
1,663
1,823
My School Resources Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
1,368
952
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).