ESTIA LEARNING GROUP LIMITED

Company Registration Number:
13959689 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ESTIA LEARNING GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

ESTIA LEARNING GROUP LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

10 months to 31 December 2022


£

£
Fixed assets
Intangible assets: 3 8,333 9,333
Tangible assets: 4 2,660 3,060
Total fixed assets: 10,993 12,393
Current assets
Debtors:   226,641 157,394
Cash at bank and in hand: 51,313 24,060
Total current assets: 277,954 181,454
Creditors: amounts falling due within one year: 5 (272,921) (272,663)
Net current assets (liabilities): 5,033 (91,209)
Total assets less current liabilities: 16,026 (78,816)
Total net assets (liabilities): 16,026 (78,816)
Capital and reserves
Called up share capital: 100 100
Other reserves: 1,511,167 729,167
Profit and loss account: (1,495,241) (808,083)
Shareholders funds: 16,026 (78,816)

The notes form part of these financial statements

ESTIA LEARNING GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 January 2025
and signed on behalf of the board by:

Name: Brian L Katzen
Status: Director

The notes form part of these financial statements

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised when the service is rendered.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Fixtures, fittings, tools and equipment - over 4 years

Intangible fixed assets and amortisation policy

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

Other accounting policies

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 10 months to 31 December 2022
Average number of employees during the period 27 35

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 10,000
At 31 December 2023 10,000
Amortisation
At 01 January 2023 667
Charge for year 1,000
At 31 December 2023 1,667
Net book value
At 31 December 2023 8,333
At 31 December 2022 9,333

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 3,347
Additions 829
Disposals (433)
At 31 December 2023 3,743
Depreciation
At 01 January 2023 287
Charge for year 888
On disposals (92)
At 31 December 2023 1,083
Net book value
At 31 December 2023 2,660
At 31 December 2022 3,060

ESTIA LEARNING GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Accruals and deferred income £106,292 Trade creditors £79,199 Taxation and social security costs £41,404 Other creditors £46,026