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REGISTERED NUMBER: 11789825 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

SENSE LEARNING LIMITED

SENSE LEARNING LIMITED (REGISTERED NUMBER: 11789825)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


SENSE LEARNING LIMITED (REGISTERED NUMBER: 11789825)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 15,064 23,281
Tangible assets 5 89,707 101,882
104,771 125,163

CURRENT ASSETS
Debtors 6 980,217 1,850,237
Cash at bank 673,952 411,791
1,654,169 2,262,028
CREDITORS
Amounts falling due within one year 7 1,228,151 2,013,126
NET CURRENT ASSETS 426,018 248,902
TOTAL ASSETS LESS CURRENT LIABILITIES 530,789 374,065

PROVISIONS FOR LIABILITIES 22,427 25,471
NET ASSETS 508,362 348,594

CAPITAL AND RESERVES
Called up share capital 82 82
Retained earnings 508,280 348,512
508,362 348,594

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:





L S McMann - Director


SENSE LEARNING LIMITED (REGISTERED NUMBER: 11789825)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

SENse Learning Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11789825

Registered office: Unit 2, The Forges
Cuckfield Road
Staplefield
Haywards Heath
West Sussex
RH17 6ET

Each unit has been rounded to the nearest whole pound.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

SENSE LEARNING LIMITED (REGISTERED NUMBER: 11789825)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 September 2023
and 31 August 2024 24,650
AMORTISATION
At 1 September 2023 1,369
Amortisation for year 8,217
At 31 August 2024 9,586
NET BOOK VALUE
At 31 August 2024 15,064
At 31 August 2023 23,281

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 10,935 22,636 35,572 89,585 158,728
Additions - - 357 26,520 26,877
At 31 August 2024 10,935 22,636 35,929 116,105 185,605
DEPRECIATION
At 1 September 2023 2,017 10,111 13,507 31,211 56,846
Charge for year 2,187 5,659 7,968 23,238 39,052
At 31 August 2024 4,204 15,770 21,475 54,449 95,898
NET BOOK VALUE
At 31 August 2024 6,731 6,866 14,454 61,656 89,707
At 31 August 2023 8,918 12,525 22,065 58,374 101,882

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 847,910 1,711,808
Other debtors 132,307 138,429
980,217 1,850,237

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 24,974 51,213
Taxation and social security 366,415 473,320
Other creditors 836,762 1,488,593
1,228,151 2,013,126