Company No:
Contents
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 3 |
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452,845 | 452,845 | |||
Current assets | ||||
Debtors | 4 |
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3,738 | 3,738 | |||
Net current assets | 3,738 | 3,738 | ||
Total assets less current liabilities | 456,583 | 456,583 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital | 5 |
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Profit and loss account |
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Total shareholders' funds |
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Directors' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Total Learning Limited (registered number:
P J Bennett
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Total Learning Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom. The address of the Company's registered office is 111 Piccadilly, Manchester, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.
Investments in subsidiaries are measured at cost less accumulated impairment.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.
2024 | 2023 | ||
Number | Number | ||
The Company has no employees other than the directors, who did not receive any remuneration. |
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Investments in subsidiaries
2024 | |
£ | |
Cost | |
At 01 August 2023 |
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At 31 July 2024 |
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Carrying value at 31 July 2024 |
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Carrying value at 31 July 2023 |
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2024 | 2023 | ||
£ | £ | ||
Amounts owed by Group undertakings |
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Other debtors |
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2024 | 2023 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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350,000 | 350,000 |
The share class "Ordinary B" are voting shares which carry the right to a preferred dividend and preferred return on capital.
The company is under the control of the director, Mr P J Bennett, by virtue of his majority holding in the ordinary shares of the company.