| REGISTERED NUMBER: |
| Financial Statements |
| for the Period 11 September 2023 to 31 December 2024 |
| for |
| Signpost Education Ltd |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Period 11 September 2023 to 31 December 2024 |
| for |
| Signpost Education Ltd |
| Signpost Education Ltd (Registered number: 15128801) |
| Contents of the Financial Statements |
| for the Period 11 September 2023 to 31 December 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Signpost Education Ltd |
| Company Information |
| for the Period 11 September 2023 to 31 December 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants |
| and Statutory Auditors |
| Roland House |
| Princes Dock Street |
| HULL HU1 2LD |
| Signpost Education Ltd (Registered number: 15128801) |
| Balance Sheet |
| 31 December 2024 |
| Notes | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings | 7 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Signpost Education Ltd (Registered number: 15128801) |
| Notes to the Financial Statements |
| for the Period 11 September 2023 to 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| Signpost Education Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company is reliant on the financial support of Signpost NV. The directors of Signpost NV have agreed to provide continued financial support to ensure the company will be able to trade as a going concern for the foreseeable future. |
| Turnover |
| 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 are delivered and legal ownership is transferred to the customer. |
| Turnover from a contract to provide services is recognised in the period which the services are provided in accordance with the stage of completion of the contract. |
| Taxation |
| Taxation for the period 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 period 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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. |
| Signpost Education Ltd (Registered number: 15128801) |
| Notes to the Financial Statements - continued |
| for the Period 11 September 2023 to 31 December 2024 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade debtors |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | 1 | 100 |
| 100 Ordinary shares of 1 each were allotted and fully paid for |
| 7. | RESERVES |
| Retained |
| earnings |
| £ |
| Deficit for the period | ( |
) |
| At 31 December 2024 | ( |
) |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | RELATED PARTY DISCLOSURES |
| During the period Signpost Education Ltd recharged costs totalling £92,640 to its parent company, Signpost NV. Signpost Education Ltd purchased goods from Signpost NV totalling £2,904. During the period Signpost NV loaned Signpost Education Ltd £291,366. |
| At the balance sheet date Signpost Education Ltd owed £198,626 to Signpost NV. Interest of £1,696 was paid at a market rate on this loan. |
| Signpost Education Ltd (Registered number: 15128801) |
| Notes to the Financial Statements - continued |
| for the Period 11 September 2023 to 31 December 2024 |
| 10. | ULTIMATE CONTROLLING PARTY |
| The immediate controlling party is Signpost NV, a company registered in Belgium. |
| There is no overall controlling party. |