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Registered number: 11530898
Lightbulb Education Centre Ltd.
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Lightbulb Education Centre Ltd. for the year ended 31 August 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Lightbulb Education Centre Ltd. which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Lightbulb Education Centre Ltd. , as a body, in accordance with the terms of our engagement letter dated 19 September 2022. Our work has been undertaken solely to prepare for your approval the accounts of Lightbulb Education Centre Ltd. and state those matters that we have agreed to state to the director of Lightbulb Education Centre Ltd. , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lightbulb Education Centre Ltd. and its director as a body for our work or for this report.
It is your duty to ensure that Lightbulb Education Centre Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Lightbulb Education Centre Ltd. . You consider that Lightbulb Education Centre Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lightbulb Education Centre Ltd. . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
05/01/2025
MAQ Accounting Services Ltd
ACCA
Flat 271, Forum House
Empire Way
London
HA9 0HN
Page 1
Page 2
Balance Sheet
Registered number: 11530898
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,021 4,906
3,021 4,906
CURRENT ASSETS
Debtors 5 2,575 3,781
Cash at bank and in hand 1,317 5,893
3,892 9,674
Creditors: Amounts Falling Due Within One Year 6 (3,824 ) (12,438 )
NET CURRENT ASSETS (LIABILITIES) 68 (2,764 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,089 2,142
NET ASSETS 3,089 2,142
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 3,088 2,141
SHAREHOLDERS' FUNDS 3,089 2,142
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For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 A Nur
Director
05/01/2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Lightbulb Education Centre Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 11530898 . The registered office is 12 Danes House Sutton Way, London, W10 5HB.

The presentation currency of the financial statements is Pound Sterling (£)
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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 33% Straight Line
Computer Equipment 33% Straight Line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.
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2.6. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: NIL)
10 -
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 1,003 7,642 8,645
Additions - 1,497 1,497
As at 31 August 2024 1,003 9,139 10,142
Depreciation
As at 1 September 2023 334 3,405 3,739
Provided during the period 335 3,047 3,382
As at 31 August 2024 669 6,452 7,121
Net Book Value
As at 31 August 2024 334 2,687 3,021
As at 1 September 2023 669 4,237 4,906
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,404 3,781
Pension scheme prepayments 37 -
Other taxes and social security 134 -
2,575 3,781
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 1,785 1,280
Other creditors 182 -
Accruals and deferred income 1,499 601
Director's loan account 358 10,557
3,824 12,438
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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8. Related Party Transactions
Mr A NurDirector

Mr A Nur

Director

During the year the director made drawings of £14,199.
During the year, dividends of £4,000 (2023: £13,000) were paid to the director.
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