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REGISTERED NUMBER: 05182585 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

EARN AND LEARN LIMITED

EARN AND LEARN LIMITED (REGISTERED NUMBER: 05182585)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Report of the Directors 2

Income Statement 3

Statement of Financial Position 4

Statement of Changes in Equity 5

Notes to the Financial Statements 6


EARN AND LEARN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: A Gunn-Forbes
J A Plinston
Mrs J Benn





SECRETARY: J A Plinston





REGISTERED OFFICE: 4 Woodberry Down Way
Lyme Regis
Dorset
DT7 3QT





REGISTERED NUMBER: 05182585 (England and Wales)

EARN AND LEARN LIMITED (REGISTERED NUMBER: 05182585)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


The directors present their report with the financial statements of the company for the year ended 30 September 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.

A Gunn-Forbes
J A Plinston
Mrs J Benn

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





J A Plinston - Secretary


23 June 2025

EARN AND LEARN LIMITED (REGISTERED NUMBER: 05182585)

INCOME STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2024 2023
Notes £    £   

TURNOVER - -

Administrative expenses 514 499
OPERATING LOSS (514 ) (499 )

Interest receivable and similar income 132 -
(382 ) (499 )

Interest payable and similar expenses 4 120 194
LOSS BEFORE TAXATION (502 ) (693 )

Tax on loss - (61 )
LOSS FOR THE FINANCIAL YEAR (502 ) (632 )

EARN AND LEARN LIMITED (REGISTERED NUMBER: 05182585)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank 31,213 27,835

CREDITORS
Amounts falling due within one year 6 28,122 24,242
NET CURRENT ASSETS 3,091 3,593
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,091

3,593

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 2,992 3,494
SHAREHOLDERS' FUNDS 3,091 3,593

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:





J A Plinston - Director


EARN AND LEARN LIMITED (REGISTERED NUMBER: 05182585)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 October 2022 99 199,126 199,225

Changes in equity
Dividends - (195,000 ) (195,000 )
Total comprehensive income - (632 ) (632 )
Balance at 30 September 2023 99 3,494 3,593

Changes in equity
Total comprehensive income - (502 ) (502 )
Balance at 30 September 2024 99 2,992 3,091

EARN AND LEARN LIMITED (REGISTERED NUMBER: 05182585)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Earn and Learn 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.

The company is not trading at the present time.

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.

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 statement of financial position date.

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

3. EMPLOYEES AND DIRECTORS

There were no staff costs for the year ended 30 September 2024 nor for the year ended 30 September 2023.

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTEREST PAYABLE AND SIMILAR EXPENSES
2024 2023
£    £   
Corporation tax interest - 44
Bank charges 120 150
120 194

EARN AND LEARN LIMITED (REGISTERED NUMBER: 05182585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. DIVIDENDS
2024 2023
£    £   
Final - 195,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 845 1,001
Corporation tax - (61 )
Social security and other taxes 4,696 4,696
Other creditors & accruals 15,268 15,268
Directors' current accounts 7,313 3,338
28,122 24,242

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
J A Plinston
Balance outstanding at start of year 3,338 -
Amounts advanced 3,975 3,338
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,313 3,338

8. ULTIMATE CONTROLLING PARTY

In the opinion of the directors the company has no single controlling party.

The directors jointly hold 100% (2023 - 100%) of the issued ordinary share capital of the company.