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REGISTERED NUMBER: 12861780 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

POSITIVELY YOU EDUCATION LIMITED

POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


POSITIVELY YOU EDUCATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr B E Thwaites





REGISTERED OFFICE: 1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA





REGISTERED NUMBER: 12861780 (England and Wales)





ACCOUNTANTS: Mackenzies
Chartered Accountants
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Intangible assets 4 2,307 2,691
Tangible assets 5 3,095 2,499
5,402 5,190

CURRENT ASSETS
Debtors 6 168,221 297,808
Cash at bank 100,836 88,348
269,057 386,156
CREDITORS
Amounts falling due within one year 7 274,263 350,101
NET CURRENT (LIABILITIES)/ASSETS (5,206 ) 36,055
TOTAL ASSETS LESS CURRENT
LIABILITIES

196

41,245

CAPITAL AND RESERVES
Called up share capital 8 6 6
Retained earnings 190 41,239
SHAREHOLDERS' FUNDS 196 41,245

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

BALANCE SHEET - continued
30 SEPTEMBER 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 April 2025 and were signed by:





Mr B E Thwaites - Director


POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Positively YOU Education Limited 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.

Patents and licences are being amortised evenly over their 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. INTANGIBLE FIXED ASSETS
Patents and
licences
£
COST
At 1 October 2023
and 30 September 2024 3,845
AMORTISATION
At 1 October 2023 1,154
Amortisation for year 384
At 30 September 2024 1,538
NET BOOK VALUE
At 30 September 2024 2,307
At 30 September 2023 2,691

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 October 2023 262 3,083 3,345
Additions 975 561 1,536
At 30 September 2024 1,237 3,644 4,881
DEPRECIATION
At 1 October 2023 - 846 846
Charge for year 293 647 940
At 30 September 2024 293 1,493 1,786
NET BOOK VALUE
At 30 September 2024 944 2,151 3,095
At 30 September 2023 262 2,237 2,499

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 61,960 244,555
Amounts owed by parent company 81,904 27,000
Directors' current accounts 9,809 9,864
Prepayments 14,548 16,389
168,221 297,808

POSITIVELY YOU EDUCATION LIMITED (REGISTERED NUMBER: 12861780)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 22,172 41,698
Tax 3,590 37,006
Social security and other taxes 2,154 2,383
VAT 38,915 67,770
Other creditors 26,000 30,006
Deferred income 174,560 167,368
Accrued expenses 6,872 3,870
274,263 350,101

Other creditors consist of a short term loan received by the company amounting to £19,375 (2023: £23,875), an amount due in respect of pension contributions amounting to £550 (2023: £144) and outstanding credit card transactions of £6,075 (2023: £5,987).

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
5 Ordinary A £1 5 5
1 Ordinary B £1 1 1
6 6

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr B E Thwaites.