Company No: 15314533 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	R J Harrison (Appointed 30 November 2023, Resigned 20 April 2025)
	P C Heslington (Appointed 28 November 2023)
	J Shall (Appointed 28 November 2023)

REGISTERED OFFICE	45a Goldhawk Road
	London
	W12 8QP
	United Kingdom

COMPANY NUMBER

15314533 (England and Wales)

ACCOUNTANT	Praxis
	1 Poultry
	London
	EC2R 8EJ

	Note	2024
		£
Current assets
Debtors	3	566
Cash at bank and in hand	4	9,793
		10,359
Creditors: amounts falling due within one year	5	( 24,763)
Net current liabilities		(14,404)
Total assets less current liabilities		(14,404)
Net liabilities		( 14,404)
Reserves
Profit and loss account		( 14,404 )
Total reserves		( 14,404)

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Two Hands Educational Trust (registered number: 15314533) were approved and authorised for issue by the Board of Directors on 03 September 2025. They were signed on its behalf by:

P C Heslington Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year, unless otherwise stated.

General information and basis of accounting

Two Hands Educational Trust (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 45a Goldhawk Road, London, W12 8QP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover from sponsorship and donations is recognised to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

2. Employees

	2024
	Number
Monthly average number of persons employed by the Company during the year, including directors	0

3. Debtors

	2024
	£
Trade debtors	566

4. Cash and cash equivalents

	2024
	£
Cash at bank and in hand	9,793

5. Creditors: amounts falling due within one year

	2024
	£
Other creditors	24,763

6. Related party transactions

Other related party transactions

The company has made bursary payments in the year of £40,454 to a company in which a Director has significant influence.