Company Registration No. 8209467 (England and Wales)
BETTERING EDUCATION LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
BETTERING EDUCATION LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
| CONTENTS | PAGE |
|---|---|
| Company information | 3 |
| Director's report | 4 |
| Income statement | 5 |
| Statement of financial position | 6 |
| Detailed income statement | 7 |
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BETTERING EDUCATION LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2022
Director
Company Number
Registered Office
Colvin Amoako
8209467 (England and Wales)
BUSINESS EXCHANGE HUB 3-5 LANSDOWNE ROAD CROYDON SURREY CR0 2BX ENGLAND
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BETTERING EDUCATION LIMITED DIRECTOR'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022
The director presents his report and accounts for the year ended 30 September 2022.
Principal activity
The principle activity of the company continue to be that of Educational support services for young people to develop skills and confidence.
Directors
Colvin Amoako held office during the whole of the period.
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Company policy on the employment of disabled persons
The company is committed to equal opportunities in employment. At present there are no full time staff registered as disabled.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Colvin Amoako Director
Approved by the board on:
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BETTERING EDUCATION LIMITED INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2022
| Turnover Other income Cost of raw materials and consumables Staff cost Depreciation and other amounts written off assets Other charges Loss |
2022 £ 47,325 - (5,600) (41,040) (593) (11,522) (11,430) |
2021 £ - 7,323 (465) (931) (723) (6,270) |
|---|---|---|
| (1,066) |
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BETTERING EDUCATION LIMITED STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2022
| Fixed assets Current assets Creditors: amounts falling due within one year Net current (liabilities)/assets Total assets less current liabilities Accruals and deferred income (Net liabilities)/net assets Reserves |
6,697 (16,700) |
2022 £ 2,701 (10,003) (7,302) (1,200) (8,502) (8,502) |
6,787 (5,953) |
2021 £ 3,294 834 |
|---|---|---|---|---|
| 4,128 (1,200) |
||||
| 2,928 | ||||
| 2,928 |
NOTES TO THE ACCOUNTS
1 Statutory information
BETTERING EDUCATION LIMITED is a private company, limited by guarantee, registered in England and Wales, registration number 8209467. The registered office is BUSINESS EXCHANGE HUB, 3-5 LANSDOWNE ROAD, CROYDON, SURREY, CR0 2BX, ENGLAND.
2 Average number of employees
During the year the average number of employees was 1 (2021: 1).
For the year ending 30 September 2022 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board on
Colvin Amoako Director
Company Registration No. 8209467
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BETTERING EDUCATION LIMITED DETAILED INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2022
| BETTERING EDUCATION LIMITED DETAILED INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2022 |
||
|---|---|---|
| This schedule does not form part of the statutory accounts. | ||
| 2022 | 2021 | |
| £ | £ | |
| Turnover | ||
| Fees | 47,325 | - |
| Other income | ||
| Government grants | - | 7,323 |
| Cost of raw materials and consumables | ||
| Purchases | 5,600 | 465 |
| Staff costs | ||
| Wages and salaries | 38,897 | 241 |
| Pensions | 1,228 | - |
| Staff training and welfare | 110 | - |
| Travel and subsistence | 650 | 629 |
| Motor expenses | 155 | 61 |
| 41,040 | 931 | |
| Depreciation and other amounts written off assets | ||
| Depreciation | 593 | 723 |
| Other | ||
| Rent | 10,849 | 1,680 |
| Telephone and fax | - | 69 |
| Stationery and printing | 22 | 100 |
| Subscriptions | 154 | - |
| Software | 90 | - |
| Sundry expenses | 70 | - |
| Accountancy fees | 337 | 459 |
| Other legal and professional | - | 200 |
| Other direct costs | - | 3,762 |
| 11,522 | 6,270 | |
| Loss on ordinary activities before taxation | (11,430) | (1,066) |
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