Company Registration No. 09406785 (England and Wales)
Learning Early Ltd
Unaudited accounts
for the year ended 31 January 2023
Learning Early Ltd
Unaudited accounts
Contents
Learning Early Ltd
Company Information
for the year ended 31 January 2023
Directors
Mrs K Wood
Mr G Wood
Company Number
09406785 (England and Wales)
Registered Office
9 Farm Walk
Bishops Tachbrook
Leamington Spa
Warwickshire
CV33 9QR
United Kingdom
Accountants
JS Accountancy Services
Measham Business Centre
56 High Street/Queens Street
Measham
Derbyshire
DE12 7HZ
Learning Early Ltd
Statement of financial position
as at 31 January 2023
Tangible assets
22,034
23,069
Cash at bank and in hand
62,276
111,206
Creditors: amounts falling due within one year
(16,159)
(12,738)
Net current assets
117,290
166,642
Net assets
139,324
189,711
Profit and loss account
139,324
189,711
Shareholders' funds
139,324
189,711
For the year ending 31 January 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 11 July 2023 and were signed on its behalf by
Mrs K Wood
Director
Company Registration No. 09406785
Learning Early Ltd
Notes to the Accounts
for the year ended 31 January 2023
Learning Early Ltd is a private company, limited by shares, registered in England and Wales, registration number 09406785. The registered office is 9 Farm Walk, Bishops Tachbrook, Leamington Spa, Warwickshire, CV33 9QR, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
2% straight line
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Learning Early Ltd
Notes to the Accounts
for the year ended 31 January 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
23,682
1,191
8,590
33,463
At 31 January 2023
23,682
1,191
8,590
33,463
At 1 February 2022
2,850
521
7,023
10,394
Charge for the year
475
168
392
1,035
At 31 January 2023
3,325
689
7,415
11,429
At 31 January 2023
20,357
502
1,175
22,034
At 31 January 2022
20,832
670
1,567
23,069
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
224
-
Loans from directors
6,779
11,671
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
