Paul Spray Education Services Ltd 31/03/2021 iXBRL
Paul Spray Education Services Ltd 31/03/2021 iXBRL
Company registration number:
08482405
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Directors and other information
Director |
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Secretary |
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Company number |
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Registered office |
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Accountants |
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1 Victoria Court | ||
Bank Square | ||
Morley | ||
Leeds | ||
LS27 9SE | ||
Bankers |
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21 Marlet Place | ||
Gainsborough | ||
Lincolnshire | ||
DN21 2BU | ||
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Paul Spray Education Services Ltd
Year ended 31 March 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Paul Spray Education Services Ltd for the year ended 31 March 2021 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Paul Spray Education Services Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Paul Spray Education Services Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paul Spray Education Services Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Paul Spray Education Services Ltd 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 Paul Spray Education Services Ltd. You consider that Paul Spray Education Services Ltd 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 Paul Spray Education Services Ltd. 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.
Chartered Accountants
1 Victoria Court
Bank Square
Morley
Leeds
LS27 9SE
26 October 2021
Statement of financial position
31 March 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 | - | - | ||||||
_______ | _______ | ||||||||
- | - | ||||||||
Current assets | |||||||||
Debtors | 6 |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 7 |
(
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_______ | _______ | ||||||||
Net current assets |
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Creditors: amounts falling due | |||||||||
after more than one year | 8 |
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital | 9 |
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Profit and loss account |
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Shareholders funds |
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_______ | _______ | ||||||||
Director's 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 director acknowledges 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 income statement has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
26 October 2021
, and are signed on behalf of the board by:
Director
Company registration number:
08482405
Notes to the financial statements
Year ended 31 March 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Victoria Court, Bank Square, Morley, Leeds, LS27 9SE.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
Turnover
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:
Fixtures, fittings and equipment | - |
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Impairment
Government grants
Financial instruments
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2020:
2
).
5.
Tangible assets
Fixtures, fittings and equipment | Total | ||
£ | £ | ||
Cost | |||
At 1 April 2020 and 31 March 2021 |
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_______ | _______ | ||
Depreciation | |||
At 1 April 2020 and 31 March 2021 |
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_______ | _______ | ||
Carrying amount | |||
At 31 March 2021 | - | - | |
_______ | _______ | ||
At 31 March 2020 | - | - | |
_______ | _______ | ||
6.
Debtors
2021 | 2020 | |||
£ | £ | |||
Trade debtors | - |
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Other debtors |
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7.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Bank loans |
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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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_______ | _______ | |||
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_______ | _______ | |||
8.
Creditors: amounts falling due after more than one year
2021 | 2020 | |||
£ | £ | |||
Bank loans |
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- | ||
_______ | _______ | |||
9.
Called up share capital
Issued, called up and fully paid
2021 | 2020 | ||||||||
No | £ | No | £ | ||||||
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100 | 100 | 100 | 100 | |||||
_______ | _______ | _______ | _______ | ||||||
10.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | |||||
2021 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
A director |
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2020 | |||||
Balance brought forward | Advances /(credits) to the director | Amounts repaid | Balance o/standing | ||
£ | £ | £ | £ | ||
A director |
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(
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(
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_______ | _______ | _______ | _______ | ||