Registered number
07789730
Educate Now
Filleted Accounts
30 September 2024
Educate Now
Registered number: 07789730
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 720 684
Creditors: amounts falling due within one year 3 (9,366) (8,184)
Net current liabilities (8,646) (7,500)
Net liabilities (8,646) (7,500)
Reserves
Income and expense account (8,646) (7,500)
Member's funds (8,646) (7,500)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mohammad Nazimuddin
Director
Approved by the board on 24 June 2025
Educate Now
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Income
Income is measured at the fair value of the consideration grants and donations received or receivable for teaching services.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Company limited by guarantee
Educate Now is a company limited by guarantee and accordingly, does not have a share capital. It is a non-profit making organisation.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member or within one year after he or she ceases to be a member.
Leased assets
Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 9,366 8,184
4 Other information
Educate Now is a private company limited by guarantee and incorporated in England. Its registered office is:
Suite 4, Cranbrook House
61 Cranbrook Road
Ilford
Essex
IG1 4PG
Educate Now 07789730 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2024 Mohammad Nazimuddin No description of principal activity 07789730 2022-10-01 2023-09-30 07789730 core:WithinOneYear 2023-09-30 07789730 core:RetainedEarningsAccumulatedLosses 2023-09-30 07789730 2023-10-01 2024-09-30 07789730 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07789730 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07789730 bus:Director40 2023-10-01 2024-09-30 07789730 2 2023-10-01 2024-09-30 07789730 countries:England 2023-10-01 2024-09-30 07789730 bus:FRS102 2023-10-01 2024-09-30 07789730 bus:FilletedAccounts 2023-10-01 2024-09-30 07789730 2024-09-30 07789730 core:WithinOneYear 2024-09-30 07789730 core:RetainedEarningsAccumulatedLosses 2024-09-30 07789730 2023-09-30 iso4217:GBP xbrli:pure