Company Registration No. 15311335 (England and Wales)
Learncycle Limited
Unaudited accounts
for the period from 27 November 2023 to 31 August 2024
Learncycle Limited
Unaudited accounts
Contents
Learncycle Limited
Company Information
for the period from 27 November 2023 to 31 August 2024
Directors
Dominic Bristow
David Blake
Julie Kilcoyne
Oliver Mansell
Company Number
15311335 (England and Wales)
Registered Office
57a Ickburgh Road
London
E5 8AF
England
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Learncycle Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
453,177
Creditors: amounts falling due within one year
(25,083)
Net current assets
428,094
Called up share capital
134
Profit and loss account
(166,886)
Shareholders' funds
428,094
For the period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by
Dominic Bristow
Director
Company Registration No. 15311335
Learncycle Limited
Notes to the Accounts
for the period from 27 November 2023 to 31 August 2024
Learncycle Limited is a private company, limited by shares, registered in England and Wales, registration number 15311335. The registered office is 57a Ickburgh Road, London, E5 8AF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Creditors: amounts falling due within one year
2024
Taxes and social security
14,463
Loans from directors
1,037
5
Average number of employees
During the period the average number of employees was 3.