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REGISTERED NUMBER: 07640458 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Eda Learning and Development Limited

Eda Learning and Development Limited (Registered number: 07640458)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eda Learning and Development Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: D Naylor
J M Henry





SECRETARY:





REGISTERED OFFICE: 302 Cirencester Business Park
Love Lane
Cirencester
Gloucestershire
GL7 1XD





REGISTERED NUMBER: 07640458 (England and Wales)





ACCOUNTANTS: Accounting by Design (UK) Limited
302 Cirencester Bsness Park
Love Lane
Cirencester
Gloucestershire
GL7 1XD

Eda Learning and Development Limited (Registered number: 07640458)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,360 9,505

CURRENT ASSETS
Debtors 5 1,266,440 1,185,500
Cash at bank 94,786 140,489
1,361,226 1,325,989
CREDITORS
Amounts falling due within one year 6 1,193,424 1,164,993
NET CURRENT ASSETS 167,802 160,996
TOTAL ASSETS LESS CURRENT
LIABILITIES

176,162

170,501

CREDITORS
Amounts falling due after more than one year 7 (12,500 ) (22,500 )

PROVISIONS FOR LIABILITIES (534 ) (534 )
NET ASSETS 163,128 147,467

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 163,124 147,463
SHAREHOLDERS' FUNDS 163,128 147,467

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Eda Learning and Development Limited (Registered number: 07640458)

Balance Sheet - continued
29 February 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 Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





J M Henry - Director


Eda Learning and Development Limited (Registered number: 07640458)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Eda Learning and Development 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.
Plant and machinery etc - 25% on cost

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 255 (2023 - 236 ) .

Eda Learning and Development Limited (Registered number: 07640458)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 24,545
Additions 3,485
At 29 February 2024 28,030
DEPRECIATION
At 1 March 2023 15,040
Charge for year 4,630
At 29 February 2024 19,670
NET BOOK VALUE
At 29 February 2024 8,360
At 28 February 2023 9,505

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 659,852 678,925
Amounts owed by associates 357,658 291,145
Other debtors 248,930 215,430
1,266,440 1,185,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 31,212 34,674
Amounts owed to group undertakings 30,773 70,244
Taxation and social security 696,164 647,327
Other creditors 425,275 402,748
1,193,424 1,164,993

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 12,500 22,500

Eda Learning and Development Limited (Registered number: 07640458)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. RELATED PARTY DISCLOSURES

During the year the company purchased services in the normal course of business and on an arms length basis from Accounting by Design (UK) Limited, a company in which Mr Naylor is also a director and shareholder, and in which Mr Henry is a shareholder.

The net value of services purchased was £59,788 (2022: £53,255) and the amount outstanding at the year end was £6,900 (2023: £6,431).