Pure Education Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 06043818 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2022

for

Pure Education Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

6

DIRECTORS:

Mrs M M Silva

F J C Silva

REGISTERED OFFICE:

Prudential Buildings

103 Cranbrook Road

Ilford

Essex

IG1 4PU

REGISTERED NUMBER:

06043818 (England and Wales)

ACCOUNTANTS:

Stonebridge

Chartered Certified Accountants

Statutory Auditors

337 High Road

Ilford

Essex

IG1 1TE

FIXED ASSETS

Tangible assets

4

19,672

13,839

CURRENT ASSETS

Debtors

5

1,866,175

1,142,577

Cash at bank

119,652

98,008

1,985,827

1,240,585

CREDITORS

Amounts falling due within one year

6

1,971,722

1,248,618

NET CURRENT ASSETS/(LIABILITIES)

14,105

(8,033

)

TOTAL ASSETS LESS CURRENT LIABILITIES

33,777

5,806

CREDITORS

Amounts falling due after more than one year

7

46,451

50,000

NET LIABILITIES

(12,674

)

(44,194

)

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

(13,174

)

(44,694

)

SHAREHOLDERS' FUNDS

(12,674

)

(44,194

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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 28 October 2022 and were signed on its behalf by:

Mrs M M Silva - Director

1.	STATUTORY INFORMATION

Pure Education 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 represents net invoiced sales of services, excluding value added tax.

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

-

10% on reducing balance

Computer equipment

-

10% 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 110 (2021 - 121 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2021

39,685

1,732

41,417

Additions

-

8,135

8,135

At 31 January 2022

39,685

9,867

49,552

DEPRECIATION

At 1 February 2021

26,540

1,038

27,578

Charge for year

1,315

987

2,302

At 31 January 2022

27,855

2,025

29,880

NET BOOK VALUE

At 31 January 2022

11,830

7,842

19,672

At 31 January 2021

13,145

694

13,839

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/22

31/1/21

£

£

Trade debtors

95,990

75,819

Other debtors

1,770,185

1,066,758

1,866,175

1,142,577

The amount of £95,990 are factored debts as at 31/1/2022.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/22

31/1/21

£

£

Trade creditors

16,632

16,633

Taxation and social security

163,090

129,560

Other creditors

1,792,000

1,102,425

1,971,722

1,248,618

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/22

31/1/21

£

£

Bank loans

46,451

50,000

8.	OTHER FINANCIAL COMMITMENTS

There is currently an outstanding charge, entitled to Bibby Financial Services Limited as Security Trustee, over the undertaking and all property and assets of the company.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mrs M M Silva by virtue of a controlling interest in the issued ordinary share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pure Education Limited for the year ended 31 January 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Pure Education Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pure Education Limited and state those matters that we have agreed to state to the Board of Directors of Pure Education Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pure Education Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pure Education Limited. You consider that Pure Education Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pure Education Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Stonebridge

Chartered Certified Accountants

Statutory Auditors

337 High Road

Ilford

Essex

IG1 1TE

Date: .............................................