Registered number
09346394
Buckingham Education Ltd
Filleted Accounts
31 December 2024
Buckingham Education Ltd
Registered number: 09346394
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Current assets
Stocks 28,470 31,660
Debtors 3 40,125 30,391
Cash at bank and in hand 221,040 287,984
289,635 350,035
Creditors: amounts falling due within one year 4 (62,332) (92,402)
Net current assets 227,303 257,633
Net assets 227,303 257,633
Capital and reserves
Called up share capital 1 1
Profit and loss account 227,302 257,632
Shareholder's funds 227,303 257,633
The directors are 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 directors acknowledge their 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.
J Jeon
Director
Approved by the board on 21 July 2025
Buckingham Education Ltd
Notes to the Accounts
for the year ended 31 December 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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 1
3 Debtors 2024 2023
£ £
Trade debtors 19,730 10,641
Other debtors 20,395 19,750
40,125 30,391
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs - 21,439
Other creditors 62,332 70,963
62,332 92,402
5 Other information
Buckingham Education Ltd is a private company limited by shares and incorporated in England. Its registered office is:
103 Gerry Raffles Square
London
E15 1BQ
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