| REGISTERED NUMBER: |
| 4EVER LEARNING (UK) LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| REGISTERED NUMBER: |
| 4EVER LEARNING (UK) LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 4EVER LEARNING (UK) LIMITED (REGISTERED NUMBER: 04826850) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| 4EVER LEARNING (UK) LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Clarke Nicklin House |
| Brooks Drive |
| Cheadle Royal Business Park |
| Cheadle |
| Cheshire |
| SK8 3TD |
| 4EVER LEARNING (UK) LIMITED (REGISTERED NUMBER: 04826850) |
| BALANCE SHEET |
| 31 JULY 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| 4EVER LEARNING (UK) LIMITED (REGISTERED NUMBER: 04826850) |
| BALANCE SHEET - continued |
| 31 JULY 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| 4EVER LEARNING (UK) LIMITED (REGISTERED NUMBER: 04826850) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 1. | STATUTORY INFORMATION |
| 4Ever Learning (UK) Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company made a profit of £5,632 (2023: £2.826) for the year and at the year end, it had net current liabilities of £189,809 (2023: £204,052)and net liabilities of £156.318 (2023: £161,950). However the company has cash in the bank and the parent company is providing the company with financial support, which the director anticipates will continue for the foreseeable future. On this basis the financial statements have been prepared on a going concern basis. |
| Turnover |
| Turnover represents net invoiced services, excluding value added tax. |
| Revenue is recognised when the service for the period has been provided. |
| 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. |
| Intangible assets |
| Amortisation is provided at the following annual rate in order to write off the intangible asset of the website and patents over their estimated useful life. |
| Websites - 33% on cost |
| Patents - 20% on cost |
| Tangible fixed assets |
| Computer equipment | - |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4EVER LEARNING (UK) LIMITED (REGISTERED NUMBER: 04826850) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 1 August 2023 |
| Additions |
| At 31 July 2024 |
| AMORTISATION |
| At 1 August 2023 |
| Charge for year |
| At 31 July 2024 |
| NET BOOK VALUE |
| At 31 July 2024 |
| At 31 July 2023 |
| 5. | TANGIBLE FIXED ASSETS |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 August 2023 |
| Additions |
| At 31 July 2024 |
| DEPRECIATION |
| At 1 August 2023 |
| Charge for year |
| At 31 July 2024 |
| NET BOOK VALUE |
| At 31 July 2024 |
| At 31 July 2023 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other Debtors | 1,832 | 3,613 |
| Tax recoverable |
| 4EVER LEARNING (UK) LIMITED (REGISTERED NUMBER: 04826850) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2024 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Amounts owed to parent undertaking |
| Social security and other taxes |
| VAT | 4,319 | 3,192 |
| Other creditors |
| Directors' current accounts | 75,560 | 81,560 |
| Accruals and deferred income |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2024 | 2023 |
| value: | £ | £ |
| Ordinary | £1 | 1 | 1 |
| 9. | RELATED PARTY DISCLOSURES |
| The loan due to the parent company is interest free and repayable on demand. |