Skill-Pill M-Learning Limited 31/07/2020 iXBRL
Skill-Pill M-Learning Limited 31/07/2020 iXBRL
Company registration number:
06752838
Unaudited filleted financial statements
Year ended
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Directors |
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(Appointed 10 November 2020) | ||
Company number |
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Registered office |
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Business address |
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Statement of financial position
31 July 2020
2020 | 2019 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 6 |
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Investments | 7 |
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Current assets | |||||||||
Debtors | 8 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 9 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital | 10 |
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Profit and loss account | 11 |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
24 March 2021
, and are signed on behalf of the board by:
Director
Company registration number:
06752838
Statement of changes in equity
Year ended 31 July 2020
Called up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 1 August 2018 |
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Profit for the year |
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Total comprehensive income for the year | - |
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Dividends paid and payable |
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Total investments by and distributions to owners | - |
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At 31 July 2019 and 1 August 2019 |
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Profit for the year |
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Total comprehensive income for the year | - |
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Dividends paid and payable |
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Total investments by and distributions to owners | - |
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At 31 July 2020 |
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Notes to the financial statements
Year ended 31 July 2020
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Skill-Pill M-Learning Limited, 9 Research Way, Plymouth Science Park, Derriford, Plymouth, PL6 8BT.
The principal activity of the company was that of providing telecommunication services.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
7
(2019:
6
).
5.
Tax on profit
Major components of tax expense
2020 | 2019 | |||
£ | £ | |||
Current tax: | ||||
UK current tax expense |
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Tax on profit |
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6.
Tangible assets
Fixtures, fittings and equipment | Total | ||
£ | £ | ||
Cost | |||
At 1 August 2019 |
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Additions | 2,933 | 2,933 | |
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At 31 July 2020 |
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Depreciation | |||
At 1 August 2019 |
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Charge for the year |
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At 31 July 2020 |
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Carrying amount | |||
At 31 July 2020 |
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At 31 July 2019 |
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7.
Investments
Shares in group undertakings and participating interests | Total | ||
£ | £ | ||
Cost | |||
At 1 August 2019 and 31 July 2020 |
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Impairment | |||
At 1 August 2019 and 31 July 2020 | - | - | |
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Carrying amount | |||
At 31 July 2020 |
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At 31 July 2019 |
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8.
Debtors
2020 | 2019 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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9.
Creditors: amounts falling due within one year
2020 | 2019 | |||
£ | £ | |||
Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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10.
Called up share capital
Issued, called up and fully paid
2020 | 2019 | ||||||||
No | £ | No | £ | ||||||
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1 | 1 | 1 | 1 | |||||
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Called-up share capital represents the nominal value of shares that have been issued.
11.
Reserves
The profit & loss reserve includes all current and prior year's retained profits and losses
12.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | ||||
2020 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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2019 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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- | - | - | |
_______ | _______ | _______ | ||
13.
Controlling party
During the year, the company was controlled by the directors of the company.