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REGISTERED NUMBER: 03543700 (England and Wales)










Unaudited Financial Statements for the Year Ended 30 June 2024

for

Accent International Consortium for
Academic Programs Abroad Ltd

Accent International Consortium for
Academic Programs Abroad Ltd (Registered number: 03543700)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Accent International Consortium for
Academic Programs Abroad Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: R de Guillebon





REGISTERED OFFICE: Accent London Study Centre
12 Bedford Square
London
WC1B 3JA





REGISTERED NUMBER: 03543700 (England and Wales)





ACCOUNTANTS: LB Group Advisory Limited
Swift House, Ground Floor
18 Hoffmanns Way
Chelmsford
Essex
CM1 1GU

Accent International Consortium for
Academic Programs Abroad Ltd (Registered number: 03543700)

Balance Sheet
30 June 2024

30.6.23 30.6.24
£    £    Notes £    £   
FIXED ASSETS
1,766,534 Tangible assets 4 1,448,364

CURRENT ASSETS
643,641 Debtors 5 1,155,679
198,711 Cash at bank and in hand 67,503
842,352 1,223,182
CREDITORS
704,957 Amounts falling due within one year 6 985,179
137,395 NET CURRENT ASSETS 238,003
1,903,929 TOTAL ASSETS LESS CURRENT
LIABILITIES

1,686,367

CREDITORS
(1,650,833 ) Amounts falling due after more than one
year

7

(1,336,898

)

(1,495 ) PROVISIONS FOR LIABILITIES (4,868 )
251,601 NET ASSETS 344,601

CAPITAL AND RESERVES
2 Called up share capital 2
251,599 Retained earnings 344,599
251,601 SHAREHOLDERS' FUNDS 344,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Accent International Consortium for
Academic Programs Abroad Ltd (Registered number: 03543700)

Balance Sheet - continued
30 June 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 4 February 2025 and were signed by:





R de Guillebon - Director


Accent International Consortium for
Academic Programs Abroad Ltd (Registered number: 03543700)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Accent International Consortium for Academic Programs Abroad 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Accent International Consortium for
Academic Programs Abroad Ltd (Registered number: 03543700)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
Totals buildings etc
£    £    £   
COST
At 1 July 2023 2,073,771 2,005,953 67,818
Additions 33,692 29,536 4,156
Exchange differences (144,796 ) (140,267 ) (4,529 )
At 30 June 2024 1,962,667 1,895,222 67,445
DEPRECIATION
At 1 July 2023 307,237 256,637 50,600
Charge for year 195,600 191,112 4,488
Exchange differences 11,466 (1,223 ) 12,689
At 30 June 2024 514,303 446,526 67,777
NET BOOK VALUE
At 30 June 2024 1,448,364 1,448,696 (332 )
At 30 June 2023 1,766,534 1,749,316 17,218

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and
Land and machinery
Totals buildings etc
£    £    £   
COST
At 1 July 2023 2,000,189 1,988,473 11,716
Additions 18,626 18,626 -
Exchange differences (148,391 ) (139,044 ) (9,347 )
At 30 June 2024 1,870,424 1,868,055 2,369
DEPRECIATION
At 1 July 2023 241,526 239,157 2,369
Charge for year 190,000 190,000 -
At 30 June 2024 431,526 429,157 2,369
NET BOOK VALUE
At 30 June 2024 1,438,898 1,438,898 -
At 30 June 2023 1,758,663 1,749,316 9,347

Accent International Consortium for
Academic Programs Abroad Ltd (Registered number: 03543700)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors (3,432 ) 7,007
Amounts owed by group undertakings 77,648 -
Other debtors 1,081,463 521,942
1,155,679 528,949

Amounts falling due after more than one year:
Other debtors - 114,692

Aggregate amounts 1,155,679 643,641

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 36,000 48,000
Finance leases 190,000 231,830
Trade creditors 480,002 228,492
Amounts owed to group undertakings 169,644 69,823
Taxation and social security 39,155 49,907
Other creditors 70,378 76,905
985,179 704,957

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 88,000 124,000
Finance leases 1,248,898 1,526,833
1,336,898 1,650,833

Amounts falling due in more than five years:

Repayable by instalments
Finance leases 488,898 602,765

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R de Guillebon.