Accountancy Tuition Centre (Ukraine) - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02433120 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2020 TO 31 DECEMBER 2021

FOR

ACCOUNTANCY TUITION CENTRE (UKRAINE)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R J Roberts

Ms K Sodikova

REGISTERED OFFICE:

4 Green Lane Business Park

238 Green Lane

New Eltham

London

SE9 3TL

REGISTERED NUMBER:

02433120 (England and Wales)

ACCOUNTANTS:

Bayar Hughes & Co

Chartered Certified Accountants

4 Green Lane Business Park

238 Green lane

New Eltham

London

SE9 3TL

FIXED ASSETS

Intangible assets

4

5,235

5,235

Tangible assets

5

4,268

5,691

9,503

10,926

CURRENT ASSETS

Debtors

6

22,659

19,654

Cash at bank

80,446

65,460

103,105

85,114

CREDITORS

Amounts falling due within one year

7

149,321

132,687

NET CURRENT LIABILITIES

(46,216

)

(47,573

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(36,713

)

(36,647

)

CREDITORS

Amounts falling due after more than one year

8

-

2,492

NET LIABILITIES

(36,713

)

(39,139

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9

(36,715

)

(39,141

)

SHAREHOLDERS' FUNDS

(36,713

)

(39,139

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2021 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 27 September 2022 and were signed on its behalf by:

Ms K Sodikova - Director

1.	STATUTORY INFORMATION

Accountancy Tuition Centre (Ukraine) 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.

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2020 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 July 2020

and 31 December 2021

5,235

NET BOOK VALUE

At 31 December 2021

5,235

At 30 June 2020

5,235

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2020

and 31 December 2021

11,137

16,486

27,623

DEPRECIATION

At 1 July 2020

8,494

13,438

21,932

Charge for period

661

762

1,423

At 31 December 2021

9,155

14,200

23,355

NET BOOK VALUE

At 31 December 2021

1,982

2,286

4,268

At 30 June 2020

2,643

3,048

5,691

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade Debtors

21,243

18,330

Other Debtors & Prepayments

1,416

1,324

22,659

19,654

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade Creditors

7,328

7,462

Amounts owed to group undertakings

128,577

115,800

Other Taxation & Social Security

5,486

4,231

Other Creditors & Accruals

7,930

5,194

149,321

132,687

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Other Creditors

-

2,492

9.

RESERVES

Retained

earnings

£

At 1 July 2020

(39,141

)

Profit for the period

2,426

At 31 December 2021

(36,715

)