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Company Registration No. 12382794 (England and Wales)
Hatfield Wick Education Ltd Unaudited accounts for the year ended 31 January 2025
Hatfield Wick Education Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hatfield Wick Education Ltd Company Information for the year ended 31 January 2025
Directors
Adam Louis Peter Smyth Darren Paul Ranson Nicola McGurk Michelle Bush
Company Number
12382794 (England and Wales)
Registered Office
Unit 2 Whitelands Business Centre Terling Road Hatfield Peverel Essex CM3 2AG
Accountants
Finer Accountancy Ltd 36 Brook Lane Galleywood Chelmsford Essex CM2 8NL
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Hatfield Wick Education Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
64,256
37,726
Current assets
Debtors
5
16,420
9,600
Cash at bank and in hand
11,130
6,856
27,550
16,456
Creditors: amounts falling due within one year
6
(108,245)
(18,780)
Net current liabilities
(80,695)
(2,324)
Total assets less current liabilities
(16,439)
35,402
Creditors: amounts falling due after more than one year
7
(20,262)
(38,000)
Net liabilities
(36,701)
(2,598)
Capital and reserves
Called up share capital
103
103
Profit and loss account
(36,804)
(2,701)
Shareholders' funds
(36,701)
(2,598)
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by
Adam Louis Peter Smyth Director Company Registration No. 12382794
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Hatfield Wick Education Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Hatfield Wick Education Ltd is a private company, limited by shares, registered in England and Wales, registration number 12382794. The registered office is Unit 2 Whitelands Business Centre, Terling Road, Hatfield Peverel, Essex, CM3 2AG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Straight Line
Computer equipment
10% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
9,734
30,912
40,646
Additions
13,602
21,688
35,290
At 31 January 2025
23,336
52,600
75,936
Depreciation
At 1 February 2024
2,920
-
2,920
Charge for the year
3,500
5,260
8,760
At 31 January 2025
6,420
5,260
11,680
Net book value
At 31 January 2025
16,916
47,340
64,256
At 31 January 2024
6,814
30,912
37,726
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Hatfield Wick Education Ltd Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
7,020
2,400
Accrued income and prepayments
9,400
7,200
16,420
9,600
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
20,105
19,044
Trade creditors
632
534
Taxes and social security
71,209
9,145
Other creditors
1,493
-
Loans from directors
14,806
(9,943)
108,245
18,780
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
20,262
38,000
8
Post balance sheet events
In the period under financial review in these accounts the company undertook investment in new equipment and employees to increase the potential for greater scope of teaching areas provided and to accommodate a larger number of students, the results of this investment is seen in the current year of trading which will be demonstrated in the next set of accounts. The company has not only regained a positive equity, but has built up the shareholders funds exponentially, thus providing financial security to the business going forward. Further investments have been made in the current year to expand the business even more in the next academic year.
9
Average number of employees
During the year the average number of employees was 22 (2024: 22).
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