0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,988 2,988 xbrli:pure xbrli:shares iso4217:GBP SC546232 2023-10-01 2024-09-30 SC546232 2024-09-30 SC546232 2023-09-30 SC546232 2022-10-01 2023-09-30 SC546232 2023-09-30 SC546232 2022-09-30 SC546232 bus:Director1 2023-10-01 2024-09-30 SC546232 core:WithinOneYear 2024-09-30 SC546232 core:WithinOneYear 2023-09-30 SC546232 core:ShareCapital 2024-09-30 SC546232 core:ShareCapital 2023-09-30 SC546232 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC546232 core:RetainedEarningsAccumulatedLosses 2023-09-30 SC546232 bus:Director1 2023-09-30 SC546232 bus:Director1 2024-09-30 SC546232 bus:Director1 2022-09-30 SC546232 bus:Director1 2023-09-30 SC546232 bus:Director1 2022-10-01 2023-09-30 SC546232 bus:SmallEntities 2023-10-01 2024-09-30 SC546232 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC546232 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC546232 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC546232 bus:FullAccounts 2023-10-01 2024-09-30 SC546232 core:OfficeEquipment 2023-10-01 2024-09-30 SC546232 core:OfficeEquipment 2024-09-30
COMPANY REGISTRATION NUMBER: SC546232
BTW Education Limited
Filleted Unaudited Financial Statements
For the year ended
30 September 2024
BTW Education Limited
Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
Current assets
Debtors
5
8,994
12,451
Cash at bank and in hand
258
-------
--------
9,252
12,451
Creditors: amounts falling due within one year
6
12,351
13,786
--------
--------
Net current liabilities
3,099
1,335
-------
-------
Total assets less current liabilities
( 3,099)
( 1,335)
-------
-------
Net liabilities
( 3,099)
( 1,335)
-------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 3,199)
( 1,435)
-------
-------
Shareholders deficit
( 3,099)
( 1,335)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 6 June 2025 , and are signed on behalf of the board by:
Mrs B T Ward
Director
Company registration number: SC546232
BTW Education Limited
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 33 Kittoch Street, East Kilbride, Glasgow, G74 4JW, Scotland.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The continuance of trading is dependant on the ongoing support of the company's director. These financial statements have been drawn up on a going concern basis which assumes that this support will continue.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Tangible assets
Equipment
£
Cost
At 1 October 2023 and 30 September 2024
2,988
-------
Depreciation
At 1 October 2023 and 30 September 2024
2,988
-------
Carrying amount
At 30 September 2024
-------
At 30 September 2023
-------
5. Debtors
2024
2023
£
£
Other debtors
8,994
12,451
-------
--------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,632
12,200
Corporation tax
1,119
986
Other creditors
600
600
--------
--------
12,351
13,786
--------
--------
7. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
Mrs B T Ward
12,451
( 3,457)
8,994
--------
-------
-------
2023
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
Mrs B T Ward
15,027
( 2,576)
12,451
--------
-------
--------
8. Related party transactions
Control:- The company was under the control of Mrs B T Ward throughout the current and previous year. Mrs B T Ward is the sole director and shareholder. Transactions:- No transactions with related parties were undertaken such as are required to be disclosed under Section 1A of FRS 102.