Acorah Software Products - Accounts Production 16.1.300 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 9430366 Mr Gavin Lumsden Mrs Louise Lumsden Mr G Lumsden true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9430366 2024-02-29 9430366 2025-02-28 9430366 2024-03-01 2025-02-28 9430366 frs-core:CurrentFinancialInstruments 2025-02-28 9430366 frs-core:Non-currentFinancialInstruments 2025-02-28 9430366 frs-core:BetweenOneFiveYears 2025-02-28 9430366 frs-core:ComputerEquipment 2025-02-28 9430366 frs-core:ComputerEquipment 2024-03-01 2025-02-28 9430366 frs-core:ComputerEquipment 2024-02-29 9430366 frs-core:MotorVehicles 2025-02-28 9430366 frs-core:MotorVehicles 2024-03-01 2025-02-28 9430366 frs-core:MotorVehicles 2024-02-29 9430366 frs-core:PlantMachinery 2025-02-28 9430366 frs-core:PlantMachinery 2024-03-01 2025-02-28 9430366 frs-core:PlantMachinery 2024-02-29 9430366 frs-core:WithinOneYear 2025-02-28 9430366 frs-core:ShareCapital 2025-02-28 9430366 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 9430366 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 9430366 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 9430366 frs-bus:SmallEntities 2024-03-01 2025-02-28 9430366 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 9430366 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 9430366 1 2024-03-01 2025-02-28 9430366 frs-bus:Director1 2024-03-01 2025-02-28 9430366 frs-bus:Director2 2024-03-01 2025-02-28 9430366 frs-countries:EnglandWales 2024-03-01 2025-02-28 9430366 2023-02-28 9430366 2024-02-29 9430366 2023-03-01 2024-02-29 9430366 frs-core:CurrentFinancialInstruments 2024-02-29 9430366 frs-core:Non-currentFinancialInstruments 2024-02-29 9430366 frs-core:BetweenOneFiveYears 2024-02-29 9430366 frs-core:WithinOneYear 2024-02-29 9430366 frs-core:ShareCapital 2024-02-29 9430366 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 9430366
Essential Teaching UK Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Revis & Co Accountancy Services Ltd
AAT
1st Floor 50 High Street
Cosham
Portsmouth
Hampshire
PO6 3AG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 9430366
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,969 37,815
26,969 37,815
CURRENT ASSETS
Debtors 5 16,275 31,384
Cash at bank and in hand 48,113 45,572
64,388 76,956
Creditors: Amounts Falling Due Within One Year 6 (26,220 ) (22,685 )
NET CURRENT ASSETS (LIABILITIES) 38,168 54,271
TOTAL ASSETS LESS CURRENT LIABILITIES 65,137 92,086
Creditors: Amounts Falling Due After More Than One Year 7 (21,247 ) (31,183 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,124 ) (7,063 )
NET ASSETS 38,766 53,840
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 38,566 53,640
SHAREHOLDERS' FUNDS 38,766 53,840
Page 1
Page 2
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Mrs Louise Lumsden
Director
25/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Essential Teaching UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 9430366 . The registered office is 1st Floor , 50 High Street, Cosham, Hants , PO6 3AG.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 stated at cost less depreciation. 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:
Plant & Machinery 25 % Reducing balance
Motor Vehicles 25 % Reducing balance
Computer Equipment 4-year Straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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 year 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 24,231 52,500 9,521 86,252
Additions 146 - 133 279
As at 28 February 2025 24,377 52,500 9,654 86,531
Depreciation
As at 1 March 2024 18,782 22,969 6,686 48,437
Provided during the period 1,428 7,907 1,790 11,125
As at 28 February 2025 20,210 30,876 8,476 59,562
Net Book Value
As at 28 February 2025 4,167 21,624 1,178 26,969
As at 1 March 2024 5,449 29,531 2,835 37,815
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 8,027 22,937
Prepayments and accrued income 6,847 6,852
Other taxes and social security - 194
14,874 29,983
Due after more than one year
Other debtors 1,401 1,401
16,275 31,384
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,936 9,936
Trade creditors 545 810
Corporation tax 8,757 5,722
Other taxes and social security 74 -
VAT 6,076 5,717
Accruals and deferred income 37 17
Directors' loan accounts 795 483
26,220 22,685
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 21,247 31,183
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,936 9,936
Later than one year and not later than five years 21,247 31,183
31,183 41,119
31,183 41,119
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
10. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 43,500 37,000
£38,500 On Ordinary B Shares 
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr G Lumsden by virtue of his ownership of 100% of the issued A share capital in the company.
Page 5