Clinical Education 09114890 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Provider of education Digita Accounts Production Advanced 6.30.9574.0 true 09114890 2023-04-01 2024-03-31 09114890 2024-03-31 09114890 core:CurrentFinancialInstruments 2024-03-31 09114890 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09114890 core:FurnitureFittingsToolsEquipment 2024-03-31 09114890 bus:SmallEntities 2023-04-01 2024-03-31 09114890 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09114890 bus:FullAccounts 2023-04-01 2024-03-31 09114890 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09114890 bus:RegisteredOffice 2023-04-01 2024-03-31 09114890 bus:Director1 2023-04-01 2024-03-31 09114890 bus:Director4 2023-04-01 2024-03-31 09114890 bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 09114890 core:FurnitureFittings 2023-04-01 2024-03-31 09114890 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 09114890 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-04-01 2024-03-31 09114890 countries:EnglandWales 2023-04-01 2024-03-31 09114890 2023-03-31 09114890 core:FurnitureFittingsToolsEquipment 2023-03-31 09114890 2022-04-01 2023-03-31 09114890 2023-03-31 09114890 core:CurrentFinancialInstruments 2023-03-31 09114890 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09114890 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 09114890

Clinical Education

(A company limited by guarantee)

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Clinical Education

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Clinical Education

Company Information

Directors

M E Ash

J K L Hawkey

Registered office

Nutrition House
24 Milber Trading Estate
Newton Abbot
Devon
TQ12 4SG

Accountants

River Accounting Limited
Association of Chartered Certified Accountants
28 Gerbera Way
Cullompton
Devon
EX15 1UW

 

Clinical Education

(Registration number: 09114890)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

3,585

1,254

Current assets

 

Debtors

5

111,394

128,521

Cash at bank and in hand

 

192,978

101,926

 

304,372

230,447

Creditors: Amounts falling due within one year

6

(278,470)

(224,280)

Net current assets

 

25,902

6,167

Net assets

 

29,487

7,421

Reserves

 

Retained earnings

29,487

7,421

Surplus

 

29,487

7,421

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 December 2024 and signed on its behalf by:
 

.........................................
M E Ash
Director

 

Clinical Education

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Nutrition House
24 Milber Trading Estate
Newton Abbot
Devon
TQ12 4SG
United Kingdom

These financial statements were authorised for issue by the Board on 31 December 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover is recognised upon provision of the service to the customer.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Clinical Education

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

20% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 3).

 

Clinical Education

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

2,090

2,090

Additions

3,436

3,436

At 31 March 2024

5,526

5,526

Depreciation

At 1 April 2023

836

836

Charge for the year

1,105

1,105

At 31 March 2024

1,941

1,941

Carrying amount

At 31 March 2024

3,585

3,585

At 31 March 2023

1,254

1,254

5

Debtors

Current

2024
£

2023
£

Trade debtors

58

51,044

Prepayments

160

45,423

Other debtors

111,176

32,054

 

111,394

128,521

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

249,924

180,954

Taxation and social security

4,635

13,041

Accruals and deferred income

23,911

30,200

Other creditors

-

85

278,470

224,280

 

Clinical Education

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

7

Related party transactions

Summary of transactions with entities with joint control or significant interest

A company controlled by common directors.
 During the year expenses and management charges existed between the companies. Expenses of £169,043 (2023 - £74,677) were incurred by the company from the related party.
 Included within trade creditors is an amount of £199,313 (2023 - £179,550), owed to a company under common control of the directors. The loan is interest free and repayable on demand.