TEACHMESERIES LIMITED


Director	JONES, Oliver William


Registered Address	105 Milton Road
	Cambridge
	CB4 1XE


Registered Number	10529328 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	4		4,109		3,408
			4,109		3,408
Current assets
Debtors	5	274,502		106,479
Cash at bank and on hand		86,191		178,099
		360,693		284,578
Creditors amounts falling due within one year	6	(145,446)		(70,090)
Net current assets (liabilities)			215,247		214,488
Total assets less current liabilities			219,356		217,896
Net assets			219,356		217,896
Capital and reserves
Called up share capital			200		200
Profit and loss account			219,156		217,696
Shareholders' funds			219,356		217,896

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 August 2025, and are signed on its behalf by:

JONES, Oliver William
Director
Registered Company No. 10529328

TEACHMESERIES LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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 rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	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.

	Intangible assets
	Goodwill from business acquisition is being amortised over its expected life, 5 years

	Goodwill
	Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 January 24	12,000	12,000
At 31 December 24	12,000	12,000
Amortisation and impairment
At 01 January 24	12,000	12,000
At 31 December 24	12,000	12,000
Net book value
At 31 December 24	-	-
At 31 December 23	-	-

4.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 24	550	7,815	8,365
Additions	-	2,799	2,799
At 31 December 24	550	10,614	11,164
Depreciation and impairment
At 01 January 24	92	4,865	4,957
Charge for year	184	1,914	2,098
At 31 December 24	276	6,779	7,055
Net book value
At 31 December 24	274	3,835	4,109
At 31 December 23	458	2,950	3,408

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	14,925	24,894
Other debtors	197,339	42,147
Prepayments and accrued income	62,238	39,438
Total	274,502	106,479


	Other Debtors include £147,440 Director Loans, (2022: £37,135).

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	-	52
Taxation and social security	143,557	69,699
Other creditors	13	339
Accrued liabilities and deferred income	1,876	-
Total	145,446	70,090


	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.