1 November 2023 true Taxfiler 2024.6 SC612303business:PrivateLimitedCompanyLtd2023-11-012024-10-31 SC6123032023-10-31 SC612303business:EntityNoLongerTradingButTradedInPast2023-11-012024-10-31 SC6123032023-11-012024-10-31 SC612303business:AuditExemptWithAccountantsReport2023-11-012024-10-31 SC612303business:FilletedAccounts2023-11-012024-10-31 SC6123032024-10-31 SC612303business:Director12023-11-012024-10-31 SC612303business:CompanySecretary12023-11-012024-10-31 SC612303business:RegisteredOffice2023-11-012024-10-31 SC6123032023-10-31 SC612303core:WithinOneYear2024-10-31 SC612303core:WithinOneYear2023-10-31 SC612303core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 SC612303core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC612303core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 SC612303core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC612303core:PreviouslyStatedAmount2024-10-31 SC612303core:PreviouslyStatedAmount2023-10-31 SC612303business:SmallEntities2023-11-012024-10-31 SC612303countries:Scotland2023-11-012024-10-31 SC612303business:OrdinaryShareClass12023-11-012024-10-31 SC612303business:OrdinaryShareClass12022-11-012023-10-31 SC6123032022-11-012023-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC612303 (Scotland)
Academy Of Creative Education Ltd Unaudited accounts for the year ended 31 October 2024
Academy Of Creative Education Ltd Unaudited accounts Contents
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Academy Of Creative Education Ltd Company Information for the year ended 31 October 2024
Director
Xiang Li
Secretary
Lan Luo
Company Number
SC612303 (Scotland)
Registered Office
Third Floor 3 Hill Street New Town Edinburgh Scotland EH2 3JP United Kingdom
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Academy Of Creative Education Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
2,208 
265 
Cash at bank and in hand
168 
60 
2,376 
325 
Creditors: amounts falling due within one year
2,926 
5,885 
Net current assets
5,302 
6,210 
Net assets
5,302 
6,210 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,301 
6,209 
Shareholders' funds
5,302 
6,210 
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 July 2025 and were signed on its behalf by
Xiang Li Director Company Registration No. SC612303
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Academy Of Creative Education Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Academy Of Creative Education Ltd is a private company, limited by shares, registered in Scotland, registration number SC612303. The registered office is Third Floor, 3 Hill Street, New Town, Edinburgh, Scotland, EH2 3JP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1 
1 
Accrued income and prepayments
2,207 
264 
2,208 
265 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
1,457 
Loans from directors
(3,346)
(7,762)
Accruals
420 
420 
(2,926)
(5,885)
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Academy Of Creative Education Ltd Notes to the Accounts for the year ended 31 October 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Controlling party
The ultimate controlling party is Mr. Xiang Li, who is the director and wholly owned the company's shares.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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