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REGISTERED NUMBER: 12182087 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

EDUC8SEN LIMITED

EDUC8SEN LIMITED (REGISTERED NUMBER: 12182087)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


EDUC8SEN LIMITED

Company Information
for the year ended 31 August 2024







DIRECTORS: R Neofytou
G Neofytou
M A Takkou





REGISTERED OFFICE: Unit 19 Wenta Business Centre
Innova Park
Electric Avenue
Enfield
EN3 7XU





REGISTERED NUMBER: 12182087 (England and Wales)






EDUC8SEN LIMITED (REGISTERED NUMBER: 12182087)

Statement of Financial Position
31 August 2024

31/8/24 31/8/23
Notes £    £   
FIXED ASSETS
Tangible assets 5 62,144 51,522

CURRENT ASSETS
Debtors 6 308,170 414,208
Cash at bank 951,939 241,756
1,260,109 655,964
CREDITORS
Amounts falling due within one year 7 (804,837 ) (357,869 )
NET CURRENT ASSETS 455,272 298,095
TOTAL ASSETS LESS CURRENT
LIABILITIES

517,416

349,617

PROVISIONS FOR LIABILITIES (15,536 ) (9,789 )
NET ASSETS 501,880 339,828

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 501,780 339,728
SHAREHOLDERS' FUNDS 501,880 339,828

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 26 April 2025 and were signed on its behalf by:



M A Takkou - Director


EDUC8SEN LIMITED (REGISTERED NUMBER: 12182087)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Educ8sen 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover is recognised when the services has been provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

EDUC8SEN LIMITED (REGISTERED NUMBER: 12182087)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 18 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 September 2023 70,910
Additions 26,158
At 31 August 2024 97,068
DEPRECIATION
At 1 September 2023 19,388
Charge for year 15,536
At 31 August 2024 34,924
NET BOOK VALUE
At 31 August 2024 62,144
At 31 August 2023 51,522

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 88,889 414,208
Amounts owed by participating interests 219,131 -
Other debtors 150 -
308,170 414,208

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Amounts owed to participating interests - 181,828
Taxation and social security 169,843 143,648
Other creditors 634,994 32,393
804,837 357,869

EDUC8SEN LIMITED (REGISTERED NUMBER: 12182087)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

8. RELATED PARTY DISCLOSURES

The company is related to 33 Recruitment Limited by virtue of common directors and shareholders. During the year, the company provided a loan of £400,000 to 33 Recruitment Limited. Additionally, 33 Recruitment Limited settled expenses of £8,285 on behalf of the company, while the company paid expenses of £9,150 on behalf of 33 Recruitment Limited. The companies also conduct trading transactions with each other on normal commercial terms.

As at the Balance Sheet date, a net amount of £219,037 (2023: £181,828 - creditor) is due to the company and is included within debtors: amounts falling due within one year.

The company is also related to Neodom Limited by virtue of common directors and shareholders. During the year the company paid expenses on behalf of Neodom Limited of £94. As at the Balance Sheet date an amount of £94 (2023: £Nil) remains due to the company and is included within debtors: amounts falling due within one year.