Company Registration No. 15330214 (England and Wales)
Educate Pangea Ltd
Unaudited accounts
for the period from 5 December 2023 to 31 December 2024
Educate Pangea Ltd
Unaudited accounts
Contents
Educate Pangea Ltd
Company Information
for the period from 5 December 2023 to 31 December 2024
Directors
Dr Peter Roland King
Mrs Karen Adriana Lee
Company Number
15330214 (England and Wales)
Registered Office
Cca, Sussex Innovation Centre
Science Park Square
Brighton
BN1 9SB
England
Accountants
Collective Concepts Accounting Ltd
Educate Pangea Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
24,202
Creditors: amounts falling due within one year
(11,070)
Called up share capital
10
Profit and loss account
16,318
Shareholders' funds
16,328
For the period ending 31 December 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 29 May 2025 and were signed on its behalf by
Dr Peter Roland King
Director
Company Registration No. 15330214
Educate Pangea Ltd
Notes to the Accounts
for the period from 5 December 2023 to 31 December 2024
Educate Pangea Ltd is a private company, limited by shares, registered in England and Wales, registration number 15330214. The registered office is Cca, Sussex Innovation Centre, Science Park Square, Brighton, BN1 9SB, 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.
These financial statements for the period from 5 December 2023 to 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 5 December 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 Years Straight Line
Educate Pangea Ltd
Notes to the Accounts
for the period from 5 December 2023 to 31 December 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Taxes and social security
7,453
Loans from directors
3,617
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
As of 31 December 2024 Karen Adriana a director of the company owes the entity of £2,652
8
Average number of employees
During the period the average number of employees was 1.