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REGISTERED NUMBER: 06874016 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SIMPLY LEARNING TUITION AGENCY LIMITED

SIMPLY LEARNING TUITION AGENCY LIMITED (REGISTERED NUMBER: 06874016)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SIMPLY LEARNING TUITION AGENCY LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTOR: N McCullagh





REGISTERED OFFICE: 17 Kensington Court Place
London
W8 5BJ





REGISTERED NUMBER: 06874016 (England and Wales)





ACCOUNTANTS: Saunders Wood & Co.
Chartered Accountants
140A Tachbrook Street
London SW1V 2NE

SIMPLY LEARNING TUITION AGENCY LIMITED (REGISTERED NUMBER: 06874016)

BALANCE SHEET
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 7,800 7,800
Tangible assets 5 27,115 34,886
34,915 42,686

CURRENT ASSETS
Debtors 6 116,129 139,667
Cash at bank 374,323 42,080
490,452 181,747
CREDITORS
Amounts falling due within one year 7 487,903 184,362
NET CURRENT ASSETS/(LIABILITIES) 2,549 (2,615 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,464

40,071

CREDITORS
Amounts falling due after more than one
year

8

10,221

29,680
NET ASSETS 27,243 10,391

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9 27,242 10,390
SHAREHOLDERS' FUNDS 27,243 10,391

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SIMPLY LEARNING TUITION AGENCY LIMITED (REGISTERED NUMBER: 06874016)

BALANCE SHEET - continued
31 December 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 1 April 2025 and were signed by:





N McCullagh - Director


SIMPLY LEARNING TUITION AGENCY LIMITED (REGISTERED NUMBER: 06874016)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Simply Learning Tuition Agency 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 represents fees receivable, excluding value added tax.

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 nil 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 - not provided
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

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 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.

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 6 (2023 - 6 ) .

SIMPLY LEARNING TUITION AGENCY LIMITED (REGISTERED NUMBER: 06874016)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 7,800
NET BOOK VALUE
At 31 December 2024 7,800
At 31 December 2023 7,800

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024 35,671 10,252 71,141 117,064
Additions - 739 2,786 3,525
At 31 December 2024 35,671 10,991 73,927 120,589
DEPRECIATION
At 1 January 2024 12,492 4,368 65,318 82,178
Charge for year 7,128 1,194 2,974 11,296
At 31 December 2024 19,620 5,562 68,292 93,474
NET BOOK VALUE
At 31 December 2024 16,051 5,429 5,635 27,115
At 31 December 2023 23,179 5,884 5,823 34,886

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 105,227 121,174
Other debtors 3,912 754
Prepayments 6,990 17,739
116,129 139,667

SIMPLY LEARNING TUITION AGENCY LIMITED (REGISTERED NUMBER: 06874016)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 19,248 19,248
Trade creditors 11,393 15,518
Tax 9,733 4,932
VAT 86,752 51,607
Accrued Expenses and
Deferred Income 360,777 93,057
487,903 184,362

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans - 2-5 years 10,221 29,680

9. RESERVES
Retained
earnings
£   

At 1 January 2024 10,390
Profit for the year 29,710
Dividends (12,858 )
At 31 December 2024 27,242