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REGISTERED NUMBER: 07147035 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Interactive English Language School Ltd

Interactive English Language School Ltd (Registered number: 07147035)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Interactive English Language School Ltd

Company Information
for the Year Ended 31 March 2025







Directors: S Johnston
A Johnston





Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB





Registered number: 07147035 (England and Wales)





Accountants: Wilson Sandford Limited
Chartered accountants
85 Church Road
Hove
East Sussex
BN3 2BB

Interactive English Language School Ltd (Registered number: 07147035)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
Fixed assets
Intangible assets 4 - -
Property, plant and equipment 5 4,864 5,165
4,864 5,165

Current assets
Stock 2,280 3,800
Debtors 6 6,950 6,741
Cash at bank - 2,395
9,230 12,936
Creditors: amounts falling due within
one year

7

95,550

18,885
Net current liabilities (86,320 ) (5,949 )
Total assets less current liabilities (81,456 ) (784 )

Creditors: amounts falling due after
more than one year

8

23,020

28,720
Net liabilities (104,476 ) (29,504 )

Interactive English Language School Ltd (Registered number: 07147035)

Balance Sheet - continued
31 March 2025

2025 2024
Notes £    £    £   
Capital and reserves
Called up share capital 10 100 100
Retained earnings (104,576 ) (29,604 )
Shareholders' funds (104,476 ) (29,504 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 6 May 2025 and were signed on its behalf by:





A Johnston - Director


Interactive English Language School Ltd (Registered number: 07147035)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. Statutory information

Interactive English Language School 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.

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 and represents amounts receivable for services rendered, stated net of discounts. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Goodwill
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.

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, has been fully amortised over its estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Property, plant and machinery - 25% straight line

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Stock is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Interactive English Language School Ltd (Registered number: 07147035)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. Accounting policies - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

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 at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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 7 (2024 - 9 ) .

Interactive English Language School Ltd (Registered number: 07147035)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 April 2024
and 31 March 2025 60,000
Amortisation
At 1 April 2024
and 31 March 2025 60,000
Net book value
At 31 March 2025 -
At 31 March 2024 -

5. Property, plant and equipment
Fixtures
and
fittings
£   
Cost
At 1 April 2024 13,676
Additions 1,579
At 31 March 2025 15,255
Depreciation
At 1 April 2024 8,511
Charge for year 1,880
At 31 March 2025 10,391
Net book value
At 31 March 2025 4,864
At 31 March 2024 5,165

6. Debtors: amounts falling due within one year
2025 2024
£    £   
Other debtors 6,950 6,741

Interactive English Language School Ltd (Registered number: 07147035)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. Creditors: amounts falling due within one year
2025 2024
£    £   
Bank loans and overdrafts 27,840 6,006
Taxation and social security 5 -
Other creditors 67,705 12,879
95,550 18,885

8. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Bank loans 23,020 28,720

9. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 19,000 19,000
Between one and five years 7,917 26,917
26,917 45,917

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

11. Directors' advances, credits and guarantees

At the year end, the company owed the director £42,774. At the 31 March 2024, the director owed the company £345.