RICHER EDUCATION LTD Micro-entity accounts

RICHER EDUCATION LTD Micro-entity accounts

RICHER EDUCATION LTD - Company Information

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COMPANY REGISTRATION NUMBER: 09122976
RICHER EDUCATION LTD
Unaudited Financial Statements
31 July 2017
RICHER EDUCATION LTD
Financial Statements
Year ended 31 July 2017
Contents
Page
Officers and professional advisers
1
Income statement
2
Statement of financial position and the notes to the financial statements
3
The following pages do not form part of the financial statements
Chartered accountants & statutory auditors report to the board of directors on the preparation of the unaudited statutory financial statements
5
Detailed income statement
6
Notes to the detailed income statement
7
RICHER EDUCATION LTD
Officers and Professional Advisers
The board of directors
Mr R Hernandez
Ms S J Chalkley
Registered office
2 Eaton Gate
London
United Kingdom
SW1W 9BJ
Accountants
Johal & Company Accountants Ltd
Chartered Accountants & Statutory Auditors
167 Uxbridge Road
Hanwell
London
W7 3TH
RICHER EDUCATION LTD
Income Statement
Year ended 31 July 2017
2017
2016
£
£
Turnover
175,048
98,611
Cost of raw materials and consumables
3,634
-
Particulars of employees
-
22,268
Depreciation and other amounts written off assets
-
433
Other charges
75,635
74,513
---------
--------
Profit
95,779
1,397
---------
--------
RICHER EDUCATION LTD
Statement of Financial Position
31 July 2017
2017
2016
£
£
£
Fixed assets
2,178
1,733
-------
-------
Current assets
230,416
20,358
Creditors: amounts falling due within one year
151,986
37,262
---------
--------
Net current assets/(liabilities)
78,430
( 16,904)
--------
--------
Total assets less current liabilities
80,608
( 15,171)
Accruals and deferred income
430
430
--------
--------
80,178
(15,601)
--------
--------
Capital and reserves
80,178
( 15,601)
--------
--------
For the year ending 31 July 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 30 April 2018 , and are signed on behalf of the board by:
Mr R Hernandez
Director
Company registration number: 09122976
The company is a private company limited by shares, registered in England and Wales.
RICHER EDUCATION LTD
Management Information
Year ended 31 July 2017
The following pages do not form part of the financial statements.
RICHER EDUCATION LTD
Chartered Accountants & Statutory Auditors Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of RICHER EDUCATION LTD
Year ended 31 July 2017
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 July 2017, which comprise the income statement, statement of financial position and the notes to the financial statements. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Johal & Company Accountants Ltd Chartered Accountants & Statutory Auditors
167 Uxbridge Road Hanwell London W7 3TH
RICHER EDUCATION LTD
Detailed Income Statement
Year ended 31 July 2017
2017
2016
£
£
Turnover
175,048
98,611
Cost of raw materials and consumables
Purchases
3,634
-
-------
----
3,634
-
-------
----
Particulars of employees
-
22,268
Depreciation and other amounts written off assets
-
433
Other charges
75,635
74,513
--------
--------
95,779
1,397
--------
--------
RICHER EDUCATION LTD
Notes to the Detailed Income Statement
Year ended 31 July 2017
2017
2016
£
£
Particulars of employees
Wages and salaries
-
16,268
Directors salaries
-
6,000
----
--------
-
22,268
----
--------
Depreciation and other amounts written off assets
Depreciation of tangible assets
-
433
----
----
Other charges
Subcontractor costs
31,292
-
Resources and consumables
-
5,770
Advertising and marketing
-
12,455
Exhibitions
5,770
-
Rent
2,896
26,742
Insurance
564
1,014
Repairs and maintenance (allowable)
432
-
Cleaning costs
82
-
Other establishment expenses
1,911
-
Motor expenses
300
-
Travel and subsistence
5,476
4,855
Hire costs (non-operating leases)
8,939
-
Telephone
-
224
IT expenses
6,314
5,809
Printing
849
-
Printing postage and stationery
1,036
1,908
Staff training
-
1,747
Staff welfare
987
77
Sundry expenses
-
7
Charitable donations (allowable)
-
491
Administrative expenses
180
135
Advertising
5,841
-
Entertaining
-
50
Legal and professional fees (allowable)
1,766
12,029
Accountancy fees
1,000
1,200
--------
--------
75,635
74,513
--------
--------