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REGISTERED NUMBER: 07724040 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Genius Learning Limited

Genius Learning Limited (Registered number: 07724040)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Genius Learning Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mrs C A Esterson
Ms W Gannaway





REGISTERED OFFICE: 13 Liverpool Road North
Maghull
Merseyside
L31 2HB





REGISTERED NUMBER: 07724040 (England and Wales)





ACCOUNTANTS: McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB

Genius Learning Limited

Report of the Accountants to the Directors of
Genius Learning Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared, for your approval, the accounts of Genius Learning Limited for the period set out in these accounts from the company's accounting records and from information and explanations you have given to us.

This report is prepared solely to the Board of Directors of Genius Learning Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Genius Learning Limited and state those matters that we have agreed to state to the Board of Directors of Genius Learning Limited. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Genius Learning Limited and its Board of Directors, as a body, for our work for this report.

It is your duty to ensure that Genius Learning Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Genius Learning Limited. You consider that Genius Learning Limited is exempt from the statutory audit requirements for the period of these accounts.

We have not been instructed to carry out an audit or a review of the accounts of Genius Learning Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.






McParland Williams Limited
13 Liverpool Road North
Maghull
Merseyside
L31 2HB


27 May 2025

Genius Learning Limited (Registered number: 07724040)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 55 81
Tangible assets 5 1,237 1,847
1,292 1,928

CURRENT ASSETS
Debtors 6 8,489 7,438
Cash at bank and in hand 20,355 14,519
28,844 21,957
CREDITORS
Amounts falling due within one year 7 29,140 22,920
NET CURRENT LIABILITIES (296 ) (963 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

996

965

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 992 961
996 965

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.

Genius Learning Limited (Registered number: 07724040)

Balance Sheet - continued
31 August 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 Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:




Mrs C A Esterson - Director



Ms W Gannaway - Director


Genius Learning Limited (Registered number: 07724040)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Genius Learning 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 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.

Other Intangible assets 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.
Plant and machinery etc - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Genius Learning Limited (Registered number: 07724040)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 8,152
AMORTISATION
At 1 September 2023 8,071
Charge for year 26
At 31 August 2024 8,097
NET BOOK VALUE
At 31 August 2024 55
At 31 August 2023 81

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 7,396
DEPRECIATION
At 1 September 2023 5,549
Charge for year 610
At 31 August 2024 6,159
NET BOOK VALUE
At 31 August 2024 1,237
At 31 August 2023 1,847

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 6,110 2,006
Other debtors 2,379 5,432
8,489 7,438

Genius Learning Limited (Registered number: 07724040)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 2,784 3,627
Taxation and social security 9,288 6,633
Other creditors 17,068 12,660
29,140 22,920