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REGISTERED NUMBER: 11129109 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

VALUE EDUCATION LTD

VALUE EDUCATION LTD (REGISTERED NUMBER: 11129109)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VALUE EDUCATION LTD

Company Information
FOR THE YEAR ENDED 31 January 2024







DIRECTOR: Mr D J Wright





REGISTERED OFFICE: Europa House
Barcroft Street
Bury
BL9 5BT





REGISTERED NUMBER: 11129109 (England and Wales)





ACCOUNTANTS: Total Back Office Solutions Limited
4th Floor Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

VALUE EDUCATION LTD (REGISTERED NUMBER: 11129109)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,397 6,586

CURRENT ASSETS
Debtors 5 569,748 335,600
Cash at bank and in hand 36,861 27,374
606,609 362,974
CREDITORS
Amounts falling due within one year 6 (508,196 ) (190,833 )
NET CURRENT ASSETS 98,413 172,141
TOTAL ASSETS LESS CURRENT
LIABILITIES

106,810

178,727

CREDITORS
Amounts falling due after more than one year 7 (14,520 ) (24,093 )

PROVISIONS FOR LIABILITIES (1,595 ) (1,251 )
NET ASSETS 90,695 153,383

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 90,694 153,382
90,695 153,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

VALUE EDUCATION LTD (REGISTERED NUMBER: 11129109)

Balance Sheet - continued
31 January 2024


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 28 October 2024 and were signed by:





Mr D J Wright - Director


VALUE EDUCATION LTD (REGISTERED NUMBER: 11129109)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 January 2024


1. STATUTORY INFORMATION

Value Education Ltd 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 283 (2023 - 98 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 2,042 2,298 4,400 7,352 16,092
Additions 110 1,125 - 5,755 6,990
At 31 January 2024 2,152 3,423 4,400 13,107 23,082
DEPRECIATION
At 1 February 2023 912 1,532 2,842 4,220 9,506
Charge for year 537 1,117 1,100 2,425 5,179
At 31 January 2024 1,449 2,649 3,942 6,645 14,685
NET BOOK VALUE
At 31 January 2024 703 774 458 6,462 8,397
At 31 January 2023 1,130 766 1,558 3,132 6,586

VALUE EDUCATION LTD (REGISTERED NUMBER: 11129109)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 January 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 212,705 108,408
Other debtors 357,043 157,014
Directors' current accounts - 70,178
569,748 335,600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,486 3,161
Corporation Tax 48,882 19,246
PAYE/NI 17,927 15,566
VAT 125,388 97,773
Other Creditors 229,129 55,087
Directors' current accounts 80,384 -
508,196 190,833

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 14,520 24,093

8. RELATED PARTY DISCLOSURES

Included within other creditors is an amount of £80,384 owed to the director, Mr D Wright. (2023: amount of
£70,178 owed by the director, Mr D Wright included within other debtors).

Included within other debtors is an amount of £191,830 owed by D Wright Properties, a company which Mr D Wright is a director and shareholder of.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D J Wright.