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REGISTERED NUMBER: 01140936 (England and Wales)















LEARNING MATERIALS LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025






LEARNING MATERIALS LIMITED (REGISTERED NUMBER: 01140936)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

LEARNING MATERIALS LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTORS: A.S. Wood
Mrs. J. Wood





SECRETARY: Mrs. J. Wood





REGISTERED OFFICE: 32a Clive Road
Wolverhampton
West Midlands
WV6 7BY





REGISTERED NUMBER: 01140936 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

LEARNING MATERIALS LIMITED (REGISTERED NUMBER: 01140936)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 92 1,192

CURRENT ASSETS
Debtors 5 501 1,491
Cash at bank 27,590 22,043
28,091 23,534
CREDITORS
Amounts falling due within one year 6 13,351 3,343
NET CURRENT ASSETS 14,740 20,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,832

21,383

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 14,732 21,283
SHAREHOLDERS' FUNDS 14,832 21,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 July 2025 and were signed on its behalf by:





A.S. Wood - Director


LEARNING MATERIALS LIMITED (REGISTERED NUMBER: 01140936)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Learning Materials 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.

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.

The presentation currency is £ Sterling.

Turnover
Turnover is recognised when goods are physically delivered to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Recording equipment - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% Straight Line

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

LEARNING MATERIALS LIMITED (REGISTERED NUMBER: 01140936)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Recording and Computer
equipment fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 8,212 63,412 11,891 83,515
Disposals (8,212 ) (63,412 ) (11,708 ) (83,332 )
At 31 March 2025 - - 183 183
DEPRECIATION
At 1 April 2024 8,212 62,669 11,442 82,323
Charge for year - 112 150 262
Eliminated on disposal (8,212 ) (62,781 ) (11,501 ) (82,494 )
At 31 March 2025 - - 91 91
NET BOOK VALUE
At 31 March 2025 - - 92 92
At 31 March 2024 - 743 449 1,192

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 103 1,102
Tax 247 247
Prepayments 151 142
501 1,491

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 1,180 901
Social security and other taxes 239 630
Directors' current accounts 10,432 312
Accruals and deferred income 1,500 1,500
13,351 3,343

7. RESERVES
Retained
earnings
£   

At 1 April 2024 21,283
Profit for the year 18,449
Dividends (25,000 )
At 31 March 2025 14,732

LEARNING MATERIALS LIMITED (REGISTERED NUMBER: 01140936)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Learning Materials Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Learning Materials Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Learning Materials Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Learning Materials Limited and state those matters that we have agreed to state to the Board of Directors of Learning Materials Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Learning Materials Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Learning Materials Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Learning Materials Limited. You consider that Learning Materials Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Learning Materials Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


19 July 2025