REGISTERED NUMBER: 11129109 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

VALUE EDUCATION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D J Wright

REGISTERED OFFICE:

Europa House

Barcroft Street

Bury

BL9 5BT

REGISTERED NUMBER:

11129109 (England and Wales)

ACCOUNTANTS:

Total Back Office Solutions Limited

4th Floor Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

4

6,147

8,397

CURRENT ASSETS

Debtors

5

762,644

569,748

Cash at bank and in hand

6,750

36,861

769,394

606,609

CREDITORS

Amounts falling due within one year

6

(576,484

)

(508,196

)

NET CURRENT ASSETS

192,910

98,413

TOTAL ASSETS LESS CURRENT LIABILITIES

199,057

106,810

CREDITORS

Amounts falling due after more than one year

7

(3,273

)

(14,520

)

PROVISIONS FOR LIABILITIES

(1,168

)

(1,595

)

NET ASSETS

194,616

90,695

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

194,615

90,694

194,616

90,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 October 2025 and were signed by:

Mr D J Wright - Director

1.	STATUTORY INFORMATION

Value Education Ltd 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.

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.

Improvements to property

-

33% on cost

Fixtures and fittings

-

33% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 156 (2024 - 283 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

2,152

3,423

4,400

13,107

23,082

Additions

-

2,630

-

649

3,279

At 31 January 2025

2,152

6,053

4,400

13,756

26,361

DEPRECIATION

At 1 February 2024

1,449

2,649

3,942

6,645

14,685

Charge for year

364

1,609

458

3,098

5,529

At 31 January 2025

1,813

4,258

4,400

9,743

20,214

NET BOOK VALUE

At 31 January 2025

339

1,795

-

4,013

6,147

At 31 January 2024

703

774

458

6,462

8,397

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

374,074

212,705

Other debtors

388,570

357,043

762,644

569,748

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,709

6,486

Corporation Tax

67,184

48,882

PAYE/NI

39,668

17,927

VAT

183,010

125,388

Other Creditors

217,247

229,129

Directors' current accounts

60,666

80,384

576,484

508,196

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

3,273

14,520

8.	RELATED PARTY DISCLOSURES

Included within other debtors is an amount of £283,808 owed by D Wright Properties, a company which Mr D Wright is a director and shareholder of (2024: £191,830)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D J Wright.