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REGISTERED NUMBER: 05294354 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2023 to 29 March 2024

for

BUDDING LEARNERS LIMITED

BUDDING LEARNERS LIMITED (Registered number: 05294354)

Contents of the Financial Statements
for the Period 1 APRIL 2023 TO 29 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BUDDING LEARNERS LIMITED

Company Information
for the Period 1 APRIL 2023 TO 29 MARCH 2024







DIRECTOR: Mrs N Jhunjhunwala





REGISTERED OFFICE: 45 Whitchurch Gardens
Edgware
Middlesex
HA8 6PF





REGISTERED NUMBER: 05294354 (England and Wales)





ACCOUNTANTS: Frasers Young Limited
Chartered Certified Accountants
Alpha House
296 Kenton Road
Harrow
HA3 8DD

BUDDING LEARNERS LIMITED (Registered number: 05294354)

Balance Sheet
29 MARCH 2024

29.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,341 4,572
3,341 4,572

CURRENT ASSETS
Debtors 6 8,680 47,930
Cash at bank 874,271 707,744
882,951 755,674
CREDITORS
Amounts falling due within one year 7 (108,672 ) (85,643 )
NET CURRENT ASSETS 774,279 670,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

777,620

674,603

CREDITORS
Amounts falling due after more than one
year

8

(14,785

)

-
NET ASSETS 762,835 674,603

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 762,733 674,501
762,835 674,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

BUDDING LEARNERS LIMITED (Registered number: 05294354)

Balance Sheet - continued
29 MARCH 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 director and authorised for issue on 29 April 2025 and were signed by:





Mrs N Jhunjhunwala - Director


BUDDING LEARNERS LIMITED (Registered number: 05294354)

Notes to the Financial Statements
for the Period 1 APRIL 2023 TO 29 MARCH 2024


1. STATUTORY INFORMATION

BUDDING LEARNERS 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.

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

- Leasehold 25% on reducing balance
- Plant & Machinery 25% on reducing balance
- Motor Vehicles 25% on reducing balance
- Fixtures & Fittings 25% on reducing balance
- Computer Equipment 25% on reducing balance

Taxation
Taxation for the period 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 period 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.

BUDDING LEARNERS LIMITED (Registered number: 05294354)

Notes to the Financial Statements - continued
for the Period 1 APRIL 2023 TO 29 MARCH 2024


2. ACCOUNTING POLICIES - continued

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 period was 33 (2023 - 29 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 29 March 2024 15,000
AMORTISATION
At 1 April 2023
and 29 March 2024 15,000
NET BOOK VALUE
At 29 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant & and
leasehold machinery fittings
£    £    £   
COST
At 1 April 2023
and 29 March 2024 32,991 21,095 66,163
DEPRECIATION
At 1 April 2023 32,886 20,913 64,459
Charge for period 26 45 512
At 29 March 2024 32,912 20,958 64,971
NET BOOK VALUE
At 29 March 2024 79 137 1,192
At 31 March 2023 105 182 1,704

BUDDING LEARNERS LIMITED (Registered number: 05294354)

Notes to the Financial Statements - continued
for the Period 1 APRIL 2023 TO 29 MARCH 2024


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 29 March 2024 33,944 5,131 159,324
DEPRECIATION
At 1 April 2023 31,395 5,099 154,752
Charge for period 638 10 1,231
At 29 March 2024 32,033 5,109 155,983
NET BOOK VALUE
At 29 March 2024 1,911 22 3,341
At 31 March 2023 2,549 32 4,572

6. DEBTORS
29.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 3,342 42,592
Other debtors 2,888 2,888
6,230 45,480

Amounts falling due after more than one year:
Other debtors 2,450 2,450

Aggregate amounts 8,680 47,930

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.3.24 31.3.23
£    £   
Bank loans and overdrafts 180 -
Taxation and social security 43,741 18,922
Other creditors 64,751 66,721
108,672 85,643

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.3.24 31.3.23
£    £   
Other creditors 14,785 -