Company Registration No. 11999223 (England and Wales)
International Skills And Education Ltd
Unaudited accounts
for the year ended 31 May 2025
International Skills And Education Ltd
Unaudited accounts
Contents
International Skills And Education Ltd
Company Information
for the year ended 31 May 2025
Company Number
11999223 (England and Wales)
Registered Office
37 West Banks
Sleaford
Lincolnshire
NG34 7QB
England
Accountants
JK Business Services Ltd
Axwel House
2 Westerton Road
Broxburn
West Lothian
EH52 5AU
International Skills And Education Ltd
Statement of financial position
as at 31 May 2025
Tangible assets
84,853
812
Cash at bank and in hand
29,113
8,539
Creditors: amounts falling due within one year
(301,176)
(269,099)
Net current liabilities
(47,717)
(1,632)
Total assets less current liabilities
37,136
(820)
Creditors: amounts falling due after more than one year
(16,169)
(25,076)
Provisions for liabilities
Net liabilities
(246)
(25,896)
Called up share capital
99
99
Profit and loss account
(345)
(25,995)
Shareholders' funds
(246)
(25,896)
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 7 May 2026 and were signed on its behalf by
David Mann
Director
Company Registration No. 11999223
International Skills And Education Ltd
Notes to the Accounts
for the year ended 31 May 2025
International Skills And Education Ltd is a private company, limited by shares, registered in England and Wales, registration number 11999223. The registered office is 37 West Banks, Sleaford, Lincolnshire, NG34 7QB, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% Reducing Balance
Computer equipment
25% Straight-Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2024
-
1,624
1,624
Additions
101,336
-
101,336
At 31 May 2025
101,336
1,624
102,960
Charge for the year
16,889
406
17,295
At 31 May 2025
16,889
1,218
18,107
At 31 May 2025
84,447
406
84,853
International Skills And Education Ltd
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
Trade debtors
45,316
85,465
Other debtors
179,030
173,463
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,000
5,000
Trade creditors
27,865
45,825
Taxes and social security
23
22,408
Other creditors
75,000
75,000
Loans from directors
183,858
89,680
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
During the year the company was involved in various transactions with Fluid Mind Ltd, a company in which David Mann holds appointment as a director. The transactions are included as follows -
Cost of Sales includes £125,667 (PY: £123,463) for services provided by Fluid Mind Ltd.
Other Debtors includes £179,030 (PY: £173,463) of loans and advances to Fluid Mind Ltd.
Trade Creditors includes £27,865 (PY: £45,825) due to Fluid Mind Ltd at the balance sheet date.
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Average number of employees
During the year the average number of employees was 2 (2024: 2).