IRIS Accounts Production v25.1.4.42 05671179 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false false true false Ordinary 1.00000 1296 9513 38275 23716 33576 34525 3403 1296 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056711792023-09-30056711792024-09-30056711792023-10-012024-09-30056711792022-09-30056711792022-10-012023-09-30056711792023-09-3005671179ns15:EnglandWales2023-10-012024-09-3005671179ns14:PoundSterling2023-10-012024-09-3005671179ns10:Director12023-10-012024-09-3005671179ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3005671179ns10:SmallEntities2023-10-012024-09-3005671179ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3005671179ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3005671179ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3005671179ns10:FullAccounts2023-10-012024-09-300567117912023-10-012024-09-3005671179ns10:OrdinaryShareClass12023-10-012024-09-3005671179ns10:Director1412023-09-3005671179ns10:Director1412022-09-3005671179ns10:Director1412023-10-012024-09-3005671179ns10:Director1412022-10-012023-09-3005671179ns10:Director1412024-09-3005671179ns10:Director1412023-09-3005671179ns5:CurrentFinancialInstruments2024-09-3005671179ns5:CurrentFinancialInstruments2023-09-3005671179ns5:Non-currentFinancialInstruments2024-09-3005671179ns5:Non-currentFinancialInstruments2023-09-3005671179ns5:ShareCapital2024-09-3005671179ns5:ShareCapital2023-09-3005671179ns5:RetainedEarningsAccumulatedLosses2024-09-3005671179ns5:RetainedEarningsAccumulatedLosses2023-09-3005671179ns10:RegisteredOffice2023-10-012024-09-3005671179ns5:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3005671179ns5:ComputerSoftware2023-10-012024-09-3005671179ns5:IntangibleAssetsOtherThanGoodwill2023-09-3005671179ns5:IntangibleAssetsOtherThanGoodwill2024-09-3005671179ns5:IntangibleAssetsOtherThanGoodwill2023-09-3005671179ns5:MotorVehicles2023-09-3005671179ns5:ComputerEquipment2023-09-3005671179ns5:MotorVehicles2023-10-012024-09-3005671179ns5:ComputerEquipment2023-10-012024-09-3005671179ns5:MotorVehicles2024-09-3005671179ns5:ComputerEquipment2024-09-3005671179ns5:MotorVehicles2023-09-3005671179ns5:ComputerEquipment2023-09-3005671179ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3005671179ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3005671179ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-09-3005671179ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-09-3005671179ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-09-3005671179ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3005671179ns5:AcceleratedTaxDepreciationDeferredTax2024-09-3005671179ns5:AcceleratedTaxDepreciationDeferredTax2023-09-3005671179ns5:TaxLossesCarry-forwardsDeferredTax2024-09-3005671179ns5:TaxLossesCarry-forwardsDeferredTax2023-09-3005671179ns5:DeferredTaxation2023-09-3005671179ns5:DeferredTaxation2023-10-012024-09-3005671179ns5:DeferredTaxation2024-09-3005671179ns10:OrdinaryShareClass12024-09-3005671179ns10:Director22023-10-012024-09-3005671179ns10:Director222023-09-3005671179ns10:Director222022-09-3005671179ns10:Director222023-10-012024-09-3005671179ns10:Director222022-10-012023-09-3005671179ns10:Director222024-09-3005671179ns10:Director222023-09-30
REGISTERED NUMBER: 05671179 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

LESSONBASE PROJECTS LIMITED

LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

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










Page

Balance Sheet 1

Notes to the Financial Statements 3


LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 3,939 5,627
Tangible assets 6 37,540 47,848
41,479 53,475

CURRENT ASSETS
Debtors 7 10,004 13,034
Cash at bank and in hand 2,401 9,158
12,405 22,192
CREDITORS
Amounts falling due within one year 8 45,749 57,902
NET CURRENT LIABILITIES (33,344 ) (35,710 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,135

17,765

CREDITORS
Amounts falling due after more than
one year

9

(15,799

)

(17,639

)

PROVISIONS FOR LIABILITIES 10 (7,821 ) (7,424 )
NET LIABILITIES (15,485 ) (7,298 )

CAPITAL AND RESERVES
Called up share capital 11 2 2
Retained earnings (15,487 ) (7,300 )
SHAREHOLDERS' FUNDS (15,485 ) (7,298 )

LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2025 and were signed on its behalf by:





Mr G Curtis - Director


LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

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


1. STATUTORY INFORMATION

Lessonbase Projects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05671179

Registered office: 53 Gildredge Road
Eastbourne
East Sussex
BN21 4SF

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts have been prepared on a going concern basis not withstanding the excess of current liabilities over current assets. The directors have confirmed their intention to continue their support to the company 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles - 20% on reducing balance
Equipment - 33% on reducing balance

All fixed assets are initially recorded at cost.

LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

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


3. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.


LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

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


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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 year 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.

Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

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


5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 8,440
AMORTISATION
At 1 October 2023 2,813
Charge for year 1,688
At 30 September 2024 4,501
NET BOOK VALUE
At 30 September 2024 3,939
At 30 September 2023 5,627

6. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 October 2023 72,675 12,690 85,365
Disposals (8,760 ) (644 ) (9,404 )
At 30 September 2024 63,915 12,046 75,961
DEPRECIATION
At 1 October 2023 26,338 11,179 37,517
Charge for year 9,135 492 9,627
Eliminated on disposal (8,097 ) (626 ) (8,723 )
At 30 September 2024 27,376 11,045 38,421
NET BOOK VALUE
At 30 September 2024 36,539 1,001 37,540
At 30 September 2023 46,337 1,511 47,848

LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

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


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,125 3,390
Other debtors 4,476 9,644
Director's current account 3,403 -
10,004 13,034

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,775 33,711
Trade creditors 4,755 2,898
Corporation tax 1,149 -
PAYE and social security 1,449 1,071
VAT 18,031 16,881
Director's current account - 1,296
Accruals and deferred income 2,590 2,045
45,749 57,902

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 15,006 9,809
Bank loans - 2-5 years 793 7,830
15,799 17,639

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 9,385 9,091
Tax losses carried forward (1,564 ) (1,667 )
7,821 7,424

LESSONBASE PROJECTS LIMITED (REGISTERED NUMBER: 05671179)

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


10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 7,424
Provided during year 397
Balance at 30 September 2024 7,821

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
Mrs K Curtis and Mr G Curtis
Balance outstanding at start of year (1,296 ) 9,513
Amounts advanced 38,275 23,716
Amounts repaid (33,576 ) (34,525 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,403 (1,296 )