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REGISTERED NUMBER: 08117056 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024

FOR

AECERN COACHING LIMITED

AECERN COACHING LIMITED (REGISTERED NUMBER: 08117056)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AECERN COACHING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTOR: S J Jackson





REGISTERED OFFICE: 13 Seymour Road
Mile End
Stockport
Cheshire
SK2 6ES





REGISTERED NUMBER: 08117056 (England and Wales)





ACCOUNTANTS: SBCA Chartered Accountants
17 Moor Park Avenue
Preston
Lancashire
PR1 6AS

AECERN COACHING LIMITED (REGISTERED NUMBER: 08117056)

STATEMENT OF FINANCIAL POSITION
30TH JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,134 3,212

CURRENT ASSETS
Debtors 5 12,695 6,504
Cash at bank 29,041 32,078
41,736 38,582
CREDITORS
Amounts falling due within one year 6 (20,337 ) (30,556 )
NET CURRENT ASSETS 21,399 8,026
TOTAL ASSETS LESS CURRENT LIABILITIES 23,533 11,238

PROVISIONS FOR LIABILITIES 7 (533 ) (803 )
NET ASSETS 23,000 10,435

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 22,900 10,335
SHAREHOLDERS' FUNDS 23,000 10,435

AECERN COACHING LIMITED (REGISTERED NUMBER: 08117056)

STATEMENT OF FINANCIAL POSITION - continued
30TH JUNE 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 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.

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 17th October 2024 and were signed by:





S J Jackson - Director


AECERN COACHING LIMITED (REGISTERED NUMBER: 08117056)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024


1. STATUTORY INFORMATION

Aecern Coaching 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.

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 - 15% on cost
Computer equipment - 33% on cost

AECERN COACHING LIMITED (REGISTERED NUMBER: 08117056)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Basic financial assets:
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future cash flows discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities:
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities:
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future cash flows discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if the payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

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 statement of financial position date.


AECERN COACHING LIMITED (REGISTERED NUMBER: 08117056)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st July 2023 2,717 3,763 6,480
Additions - 124 124
Disposals - (99 ) (99 )
At 30th June 2024 2,717 3,788 6,505
DEPRECIATION
At 1st July 2023 846 2,422 3,268
Charge for year 408 720 1,128
Eliminated on disposal - (25 ) (25 )
At 30th June 2024 1,254 3,117 4,371
NET BOOK VALUE
At 30th June 2024 1,463 671 2,134
At 30th June 2023 1,871 1,341 3,212

AECERN COACHING LIMITED (REGISTERED NUMBER: 08117056)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 12,565 6,370
Other debtors 130 134
12,695 6,504

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 18,763 14,711
Other creditors 1,574 15,845
20,337 30,556

7. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 533 803

Deferred
tax
£   
Balance at 1st July 2023 803
Provided during year (270 )
Balance at 30th June 2024 533

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
50 'A' Ordinary £1 50 50
50 'B' Ordinary £1 50 50
100 100

AECERN COACHING LIMITED (REGISTERED NUMBER: 08117056)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


9. RESERVES
Retained
earnings
£   

At 1st July 2023 10,335
Profit for the year 51,522
Dividends (38,957 )
At 30th June 2024 22,900