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REGISTERED NUMBER: 03387138 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Albemarle Education Ltd.

Albemarle Education Ltd. (Registered number: 03387138)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Albemarle Education Ltd.

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Ms B Mellon
J Eytle





SECRETARY: Ms B Mellon





REGISTERED OFFICE: 8B Accommodation Road
Golders Green
London
NW11 8ED





REGISTERED NUMBER: 03387138 (England and Wales)





ACCOUNTANTS: Faiz & Co. Limited
Chartered Accountants
8B Accommodation Road
London
NW11 8ED

Albemarle Education Ltd. (Registered number: 03387138)

Balance Sheet
30 June 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 166,685 179,045

CURRENT ASSETS
Debtors 5 181,925 153,748
Cash at bank and in hand 267,698 376,303
449,623 530,051
CREDITORS
Amounts falling due within one year 6 237,867 341,586
NET CURRENT ASSETS 211,756 188,465
TOTAL ASSETS LESS CURRENT
LIABILITIES

378,441

367,510

PROVISIONS FOR LIABILITIES 39,068 39,068
NET ASSETS 339,373 328,442

CAPITAL AND RESERVES
Called up share capital 27,675 27,675
Share premium 12,555 12,555
Retained earnings 299,143 288,212
339,373 328,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Albemarle Education Ltd. (Registered number: 03387138)

Balance Sheet - continued
30 June 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 18 February 2025 and were signed on its behalf by:





Ms B Mellon - Director


Albemarle Education Ltd. (Registered number: 03387138)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Albemarle Education 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Albemarle Education Ltd. (Registered number: 03387138)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2023 - 38 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 49,775 845,056 894,831
Additions - 30,197 30,197
At 30 June 2024 49,775 875,253 925,028
DEPRECIATION
At 1 July 2023 29,625 686,161 715,786
Charge for year 4,740 37,817 42,557
At 30 June 2024 34,365 723,978 758,343
NET BOOK VALUE
At 30 June 2024 15,410 151,275 166,685
At 30 June 2023 20,150 158,895 179,045

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade debtors 81,793 57,149
Other debtors 100,132 96,599
181,925 153,748

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade creditors 117,757 120,919
Taxation and social security 48,845 77,436
Other creditors 71,265 143,231
237,867 341,586