depthoflearning.com Limited 31/03/2025 iXBRL

Company registration number: 09569287

depthoflearning.com Limited

Pages for filing with Registrar

31 March 2025

depthoflearning.com Limited

Contents

Statement of financial position

Notes to the financial statements

depthoflearning.com Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Current assets
Debtors	5	10,287		13,396
Cash at bank and in hand		69,881		76,812
		_______		_______
		80,168		90,208
Creditors: amounts falling due
within one year	6	( 9,014)		( 22,696)
		_______		_______
Net current assets			71,154		67,512
			_______		_______
Total assets less current liabilities			71,154		67,512

			_______		_______
Net assets			71,154		67,512
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			71,152		67,510
			_______		_______
Shareholders funds			71,154		67,512
			_______		_______

For the year ending 31 March 2025 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 year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 21 August 2025 , and are signed on behalf of the board by:

Nicola Louise Quigley

Director

Company registration number: 09569287

depthoflearning.com Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is depthoflearning.com Limited, Highfield House, 38 Cade Hill Road, Stocksfield, Northumberland, NE43 7PU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Debtors

	2025	2024
	£	£
Trade debtors	-	1,332
Other debtors	10,287	12,064
	_______	_______
	10,287	13,396
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	-	195
Other creditors	9,014	22,501
	_______	_______
	9,014	22,696
	_______	_______

Other creditors relate almost entirely to the liability the company has to provide software services for those clients who have subscriptions extending beyond the current accounting period.

7. Controlling party

The company was under the joint control of its shareholders, Chris Quigley Education Limited and Language Centre Publications Limited, throughout the year. Chris Quigley Education Limited was under the joint control of the directors, Christopher Quigley and Nicola Quigley, Language Centre Publications Limited was under the control of Philip Beale, a director of the company.