1 October 2023 v2025.8.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP128976132023-10-012024-09-30128976132024-09-30128976132023-09-3012897613core:WithinOneYear2024-09-3012897613core:WithinOneYear2023-09-3012897613core:ShareCapital2024-09-3012897613core:ShareCapital2023-09-3012897613core:RetainedEarningsAccumulatedLosses2024-09-3012897613core:RetainedEarningsAccumulatedLosses2023-09-3012897613bus:Director12023-10-012024-09-3012897613bus:RegisteredOffice2023-10-012024-09-3012897613core:OfficeEquipment2023-10-012024-09-3012897613core:PlantMachinery2024-09-3012897613core:PlantMachinery2023-10-0112897613core:PlantMachinery2023-10-012024-09-3012897613core:PlantMachinery2023-09-301289761312023-10-012024-09-30128976132022-10-012023-09-3012897613countries:EnglandWales2023-10-012024-09-3012897613bus:AuditExemptWithAccountantsReport2023-10-012024-09-3012897613bus:PrivateLimitedCompanyLtd2023-10-012024-09-3012897613bus:SmallEntities2023-10-012024-09-3012897613bus:FullAccounts2023-10-012024-09-30
Company registration number:
12897613
Studyhelp Limited
Unaudited Filleted Financial Statements for the year ended
30 September 2024
Studyhelp Limited
Statement of Financial Position
30 September 2024
20242023
Note££
Fixed assets    
Tangible assets 5
1
 
530
 
Current assets    
Cash at bank and in hand
76,185
 
52,535
 
Creditors: amounts falling due within one year 6
(61,567
)
(12,228
)
Net current assets
14,618
 
40,307
 
Total assets less current liabilities 14,619   40,837  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
14,519
 
40,737
 
Shareholders funds
14,619
 
40,837
 
For the year ending
30 September 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 financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
7 November 2024
, and are signed on behalf of the board by:
P Dorji
Director
Company registration number:
12897613
Studyhelp Limited
Notes to the Financial Statements
Year ended
30 September 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
7 Bell Yard
,
London
,
WC2A 2JR
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023: nil).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 October 2023
and
30 September 2024
2,119
 
Depreciation  
At
1 October 2023
1,589
 
Charge
529
 
At
30 September 2024
2,118
 
Carrying amount  
At
30 September 2024
1
 
At 30 September 2023
530
 

Tangible assets held at valuation

In respect of tangible assets held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
Plant and machineryPlant and machinery
20242023
££
Aggregate historical cost 2,119   2,119  
Aggregate depreciation (2,118 ) (1,589 )
Carrying amount 1   530  

6 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
8,283
 
5,458
 
Other creditors
53,284
 
6,770
 
61,567
 
12,228