Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10188838 Mr William Hallstrom Mr Douglas Hallstrom Douglas Hallstrom false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10188838 2023-05-31 10188838 2024-05-31 10188838 2023-06-01 2024-05-31 10188838 frs-core:ShareCapital 2024-05-31 10188838 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10188838 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10188838 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10188838 frs-bus:SmallEntities 2023-06-01 2024-05-31 10188838 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10188838 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10188838 1 2023-06-01 2024-05-31 10188838 frs-bus:Director1 2023-06-01 2024-05-31 10188838 frs-bus:Director2 2023-06-01 2024-05-31 10188838 frs-countries:EnglandWales 2023-06-01 2024-05-31 10188838 2022-05-31 10188838 2023-05-31 10188838 2022-06-01 2023-05-31 10188838 frs-core:ShareCapital 2023-05-31 10188838 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10188838
Studyadvantage Group Ltd.
Unaudited Financial Statements
For The Year Ended 31 May 2024
ChadSan Limited
Castle House
Castle Street
Guildford
GU1 3UW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 10188838
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 38 38
Cash at bank and in hand 13,249 14,533
13,287 14,571
Creditors: Amounts Falling Due Within One Year 5 (12,638 ) (12,727 )
NET CURRENT ASSETS (LIABILITIES) 649 1,844
TOTAL ASSETS LESS CURRENT LIABILITIES 649 1,844
NET ASSETS 649 1,844
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account (351 ) 844
SHAREHOLDERS' FUNDS 649 1,844
Page 1
Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Douglas Hallstrom
Director
22nd January 2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Studyadvantage Group Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10188838 . The registered office is Castle House, Castle Street, Guildford, GU1 3UW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 38 38
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 12,638 12,727
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
7. Related Party Transactions
During the year, dividends of £Nil (2023: £170,000) has been paid to the directors
8. Controlling Party
The company's controlling party is Douglas Hallstrom , by virtue of his ownership of owning 70% of the total share capital.
9. Going Concern
The directors have stopped trading and plan to close the company within the next 12 months, therefore the financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company's assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.
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