REGISTERED NUMBER: 03528553 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ENGLISH IN ACTION LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr M J Turner

Mr N Barnes

Mr M S A El-Mahrouki

Mrs S Evans

Mrs Z Creed

REGISTERED OFFICE:

Suite 1, First Floor

3 Jubilee Way

Faversham

Kent

ME13 8GD

REGISTERED NUMBER:

03528553 (England and Wales)

ACCOUNTANTS:

Ackland Webb Ltd

Chartered Certified Accountants

Suite 1, First Floor

3 Jubilee Way

Faversham

Kent

ME13 8GD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,056

5,624

4,056

5,624

CURRENT ASSETS

Stocks

-

11,504

Debtors

6

239,235

184,253

Cash at bank and in hand

120,149

188,870

359,384

384,627

CREDITORS

Amounts falling due within one year

7

(247,889

)

(193,287

)

NET CURRENT ASSETS

111,495

191,340

TOTAL ASSETS LESS CURRENT LIABILITIES

115,551

196,964

CREDITORS

Amounts falling due after more than one year

8

(31,500

)

(73,500

)

PROVISIONS FOR LIABILITIES

-

(1,406

)

NET ASSETS

84,051

122,058

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

84,049

122,056

84,051

122,058

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by:

Mr M J Turner - Director

Mr N Barnes - Director

1.	STATUTORY INFORMATION

English In Action 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 directors have assessed the company's ability to continue as a going concern with particular reference to the budget, cashflow and future bookings. The directors believe the company have sufficient funds to meet debts as they fall due for at least the next 12 months.

As a result of the above, the directors consider that the going concern basis is appropriate.

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.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

7,492

AMORTISATION

At 1 January 2024

and 31 December 2024

7,492

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

47,243

Additions

1,149

Disposals

(522

)

At 31 December 2024

47,870

DEPRECIATION

At 1 January 2024

41,619

Charge for year

2,369

Eliminated on disposal

(174

)

At 31 December 2024

43,814

NET BOOK VALUE

At 31 December 2024

4,056

At 31 December 2023

5,624

6.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

17,535

12,750

Amounts owed by group undertakings

148,477

143,545

Other debtors

11,829

27,958

177,841

184,253

Amounts falling due after more than one year:

Other debtors

61,394

-

Aggregate amounts

239,235

184,253

Deferred tax asset

31.12.24

£

Accelerated capital allowances

(1,014

)

Tax losses carried forward

62,408

61,394

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

72,770

42,000

Trade creditors

27,274

31,975

Taxation and social security

14,196

15,728

Other creditors

133,649

103,584

247,889

193,287

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

31,500

73,500

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

73,500

115,500

There is a fixed and floating charge in the way of a debenture held against the assets of the company.

10.	OTHER FINANCIAL COMMITMENTS

The total future minimum lease payments under non-cancellable operating leases are as follows:

Not later than 1 year: £nil (2023: £1,596)

11.	RELATED PARTY DISCLOSURES

At the year end, the company was owed £148,477 (2023: £143,545) by the parent company.

12.	ULTIMATE CONTROLLING PARTY

EIA Partnership Limited is the parent company.