REGISTERED NUMBER: 04339294 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

UK LANGUAGE COURSES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs C C M Hooper

Mr J A Brown

Mr T L Percival

Mr J J Brailsford

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

04339294 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

11,810

14,448

CURRENT ASSETS

Debtors

5

1,458,058

1,394,139

Cash at bank

809,741

700,296

2,267,799

2,094,435

CREDITORS

Amounts falling due within one year

6

419,996

659,959

NET CURRENT ASSETS

1,847,803

1,434,476

TOTAL ASSETS LESS CURRENT LIABILITIES

1,859,613

1,448,924

CREDITORS

Amounts falling due after more than one year

7

36,000

84,000

NET ASSETS

1,823,613

1,364,924

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

1,823,513

1,364,824

SHAREHOLDERS' FUNDS

1,823,613

1,364,924

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 30 September 2025 and were signed on its behalf by:

Mrs C C M Hooper - Director

1.	STATUTORY INFORMATION

UK Language Courses 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

33% on cost

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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.

Going concern

The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 58 (2023 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

5,337

2,067

2,854

Additions

-

-

-

At 31 December 2024

5,337

2,067

2,854

DEPRECIATION

At 1 January 2024

1,708

2,067

2,759

Charge for year

107

-

75

At 31 December 2024

1,815

2,067

2,834

NET BOOK VALUE

At 31 December 2024

3,522

-

20

At 31 December 2023

3,629

-

95

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

11,300

56,471

78,029

Additions

-

4,268

4,268

At 31 December 2024

11,300

60,739

82,297

DEPRECIATION

At 1 January 2024

4,944

52,103

63,581

Charge for year

2,825

3,899

6,906

At 31 December 2024

7,769

56,002

70,487

NET BOOK VALUE

At 31 December 2024

3,531

4,737

11,810

At 31 December 2023

6,356

4,368

14,448

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

41,555

232,435

Amounts owed by group undertakings

1,332,920

1,160,144

Other debtors

9,037

-

Prepayments and accrued income

74,546

1,560

1,458,058

1,394,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 8)

55,308

51,396

Trade creditors

66,084

52,682

Tax

180,573

314,326

Social security and other taxes

23,306

11,959

Other creditors

7,331

3,199

Accruals and deferred income

81,029

212,949

Accrued expenses

6,365

13,448

419,996

659,959

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 8)

36,000

84,000

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

7,308

3,396

Bank loans

48,000

48,000

55,308

51,396

Amounts falling due between two and five years:

Bank loans - 2-5 years

36,000

84,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

95

Ordinary A

£1

95

95

5

Ordinary B

£1

5

5

100

100

10.

RESERVES

Retained

earnings

£

At 1 January 2024

1,364,824

Profit for the year

539,689

Dividends

(81,000

)

At 31 December 2024

1,823,513

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £852,090 (2023: £839,739) by UKLC Holdings Limited, £9,266 (2023: £8,950) by UK Education &Travel Services Limited, £49,000 (2023: £311,455) by Deva English Ltd, £220,455 (2023: nil) by UKLC Homestay Limited and £75,989 (2023: nil) by UKLC Ireland Limited.

The companies are related parties by virtue of the fact that they are under common control.