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REGISTERED NUMBER: 12925284 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

EDPSYCHED LTD

EDPSYCHED LTD (REGISTERED NUMBER: 12925284)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EDPSYCHED LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Miss J L Dutton
Dr R Skelton





REGISTERED OFFICE: 81-83a Allerton Road
Mossley Hill
Liverpool
L18 2DA





REGISTERED NUMBER: 12925284 (England and Wales)





ACCOUNTANTS: Coburn McKenna - Chartered Accountants
81-83a Allerton Road
Liverpool
Merseyside
L18 2DA

EDPSYCHED LTD (REGISTERED NUMBER: 12925284)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 59,381 45,534
Tangible assets 5 - 151
59,381 45,685

CURRENT ASSETS
Debtors 6 54,668 10,504
Cash at bank 17,339 36,006
72,007 46,510
CREDITORS
Amounts falling due within one year 7 89,045 20,474
NET CURRENT (LIABILITIES)/ASSETS (17,038 ) 26,036
TOTAL ASSETS LESS CURRENT LIABILITIES 42,343 71,721

PROVISIONS FOR LIABILITIES 11,282 11,421
NET ASSETS 31,061 60,300

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 30,861 60,100
31,061 60,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

EDPSYCHED LTD (REGISTERED NUMBER: 12925284)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by:





Dr R Skelton - Director


EDPSYCHED LTD (REGISTERED NUMBER: 12925284)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

EdPsychEd 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.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

EDPSYCHED LTD (REGISTERED NUMBER: 12925284)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 November 2023 59,526
Additions 22,000
At 31 October 2024 81,526
AMORTISATION
At 1 November 2023 13,992
Charge for year 8,153
At 31 October 2024 22,145
NET BOOK VALUE
At 31 October 2024 59,381
At 31 October 2023 45,534

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 November 2023
and 31 October 2024 1,428
DEPRECIATION
At 1 November 2023 1,277
Charge for year 151
At 31 October 2024 1,428
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 151

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 49,993 8,826
Other debtors 4,675 1,678
54,668 10,504

EDPSYCHED LTD (REGISTERED NUMBER: 12925284)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 292 253
Taxation and social security 14,845 10,676
Other creditors 73,908 9,545
89,045 20,474