Rickards Education Limited 06700281 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is the provision of education consultancy services, but has ceased to trade on 31 August 2024. The director has agreed that the company will apply to be struck off in the near future and hence this will be the final set of accounts submitted. Digita Accounts Production Advanced 6.30.9574.0 true true 06700281 2023-09-01 2024-08-31 06700281 2024-08-31 06700281 2 2024-08-31 06700281 core:CurrentFinancialInstruments 2024-08-31 06700281 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 06700281 core:FurnitureFittingsToolsEquipment 2024-08-31 06700281 bus:SmallEntities 2023-09-01 2024-08-31 06700281 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 06700281 bus:FilletedAccounts 2023-09-01 2024-08-31 06700281 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06700281 bus:RegisteredOffice 2023-09-01 2024-08-31 06700281 bus:Director1 2023-09-01 2024-08-31 06700281 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06700281 core:FurnitureFittingsToolsEquipment 2023-09-01 2024-08-31 06700281 core:OfficeEquipment 2023-09-01 2024-08-31 06700281 countries:AllCountries 2023-09-01 2024-08-31 06700281 2023-08-31 06700281 core:FurnitureFittingsToolsEquipment 2023-08-31 06700281 2022-09-01 2023-08-31 06700281 2023-08-31 06700281 2 2023-08-31 06700281 core:CurrentFinancialInstruments 2023-08-31 06700281 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 06700281 core:FurnitureFittingsToolsEquipment 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 06700281

Rickards Education Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Rickards Education Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Rickards Education Limited

(Registration number: 06700281)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

420

Current assets

 

Debtors

5

1,681

2,846

Cash at bank and in hand

 

-

88,459

 

1,681

91,305

Creditors: Amounts falling due within one year

6

(54)

(50,736)

Net current assets

 

1,627

40,569

Total assets less current liabilities

 

1,627

40,989

Provisions for liabilities

-

(80)

Net assets

 

1,627

40,909

Capital and reserves

 

Called up share capital

1

1

Retained earnings

1,626

40,908

Shareholders' funds

 

1,627

40,909

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 February 2025
 

.........................................
Mrs A E Dickinson
Director

 

Rickards Education Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales..

The address of its registered office is:
7a King Street
Frome
Somerset
BA11 1BH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities, and is shown net of value added tax and discounts.

Tax

The tax expense for the year comprises current tax, which is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% per annum on cost

 

Rickards Education Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business, and are recognised initially at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers, and are recognised initially at the transaction price.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 September 2023

6,861

6,861

Disposals

(6,861)

(6,861)

At 31 August 2024

-

-

Depreciation

At 1 September 2023

6,441

6,441

Charge for the year

420

420

Eliminated on disposal

(6,861)

(6,861)

At 31 August 2024

-

-

Net book value

At 31 August 2024

-

-

At 31 August 2023

420

420

5

Debtors

Note

2024
£

2023
£

Trade debtors

 

-

2,466

Other debtors

 

-

380

Income tax asset

1,681

-

 

1,681

2,846

 

Rickards Education Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

6

Creditors

Amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

-

5,078

Accruals and deferred income

-

2,756

Other creditors

54

42,902

54

50,736