Company Registration No. 9940764 (England and Wales)
EKOTA ACADEMY LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2023
EKOTA ACADEMY LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Directors' report | 4 |
| Accountants' report | 5 |
| Income statement | 6 |
| Statement of financial position | 7 |
| Notes to the accounts | 8 |
| Detailed profit and loss account | 10 |
- 2 -
EKOTA ACADEMY LTD COMPANY INFORMATION FOR THE YEAR ENDED 31 JANUARY 2023
Directors
Company Number
Registered Office
Accountants
SULTANA RAHMAN SAYRA RAHMAN SALEEMA ABDIN 9940764 (England and Wales)
167 LICHFIELD ROAD DAGENHAM RM8 2BA ENGLAND RK ACCOUNTANTS LTD HALL 1 THE WHITECHAPEL CENTRE 85 MYRDLE STREET LONDON E1 1HL
- 3 -
EKOTA ACADEMY LTD (COMPANY NO: 9940764 ENGLAND AND WALES) DIRECTORS' REPORT
The directors present their report and accounts for the year ended 31 January 2023.
Directors
The following directors held office during the whole of the period:
SULTANA RAHMAN SAYRA RAHMAN SALEEMA ABDIN
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:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
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.
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
............................................................................
Approved by the board on:
- 4 -
EKOTA ACADEMY LTD ACCOUNTANTS' REPORT
Accountants' report to the board of directors of EKOTA ACADEMY LTD on the preparation of the unaudited statutory accounts for the year ended 31 January 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EKOTA ACADEMY LTD for the year ended 31 January 2023 as set out on pages 6 - 9 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of EKOTA ACADEMY LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of EKOTA ACADEMY LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EKOTA ACADEMY LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EKOTA ACADEMY LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of EKOTA ACADEMY LTD. You consider that EKOTA ACADEMY 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 accounts of EKOTA ACADEMY 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 accounts.
RK ACCOUNTANTS LTD
HALL 1 THE WHITECHAPEL CENTRE 85 MYRDLE STREET LONDON E1 1HL
11 October 2023
- 5 -
EKOTA ACADEMY LTD INCOME STATEMENT FOR THE YEAR ENDED 31 JANUARY 2023
| Turnover Cost of sales Gross (loss)/surplus Administrative expenses Other operating income Operating surplus Surplus on ordinary activities before taxation Tax on surplus on ordinary activities Surplus for the financial year |
2023 £ 14,523 (22,034) (7,511) (62,685) 71,392 1,196 1,196 - 1,196 |
2022 £ 36,494 (22,536) |
|---|---|---|
| 13,958 (43,247) 36,228 |
||
| 6,939 | ||
| 6,939 - |
||
| 6,939 |
- 6 -
EKOTA ACADEMY LTD STATEMENT OF FINANCIAL POSITION AS AT 31 JANUARY 2023
| Notes Fixed assets Intangible assets 4 Tangible assets 5 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Net assets Reserves 7 Profit and loss account Members' funds |
2023 £ 11,200 11,102 22,302 14,907 (2,680) 12,227 34,529 34,529 34,529 |
2022 £ 11,200 7,942 |
|---|---|---|
| 19,142 15,191 (1,000) |
||
| 14,191 | ||
| 33,333 | ||
| 33,333 | ||
| 33,333 |
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 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 financial statements were approved by the Board of Directors and authorised for issue on and were signed on its behalf by
Director
Company Registration No. 9940764
- 7 -
EKOTA ACADEMY LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2023
1 Statutory information
EKOTA ACADEMY LTD is a private company, limited by guarantee, registered in England and Wales, registration number 9940764. The registered office is 167 LICHFIELD ROAD, DAGENHAM, RM8 2BA, ENGLAND.
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.
3 Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
| 4 Intangible fixed assets Cost At 1 February 2022 At 31 January 2023 Amortisation At 1 February 2022 At 31 January 2023 Net book value At 31 January 2023 At 31 January 2022 |
Goodwill £ 11,200 |
|---|---|
| 11,200 | |
| - | |
| - | |
| 11,200 | |
| 11,200 |
- 8 -
EKOTA ACADEMY LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2023
| 5 Tangible fixed assets Cost or valuation At 1 February 2022 Additions At 31 January 2023 Depreciation At 31 January 2023 Net book value At 31 January 2023 At 31 January 2022 6 Creditors: amounts falling due within one year 2023 £ Accruals 2,680 |
Fixtures & fittings £ At cost 7,942 3,160 |
|---|---|
| 11,102 | |
| - | |
| 11,102 | |
| 7,942 | |
| 2022 £ 1,000 |
7 Company limited by guarantee
The company is limited by guarantee and has no share capital.�
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8 Average number of employees
During the year the average number of employees was 2 (2022: 0).
- 9 -
EKOTA ACADEMY LTD DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 JANUARY 2023
This schedule does not form part of the statutory accounts.
| Turnover Fees Cost of sales Subcontractor costs Other direct costs Gross (loss)/profit Administrative expenses Wages and salaries Rent Stationery and printing Insurance Sundry expenses Accountancy fees Advertising and PR Other legal and professional Other operating income Other operating income Government grants Operating profit Profit on ordinary activities before taxation |
2023 £ 14,523 10,671 11,363 22,034 (7,511) 20,011 21,407 1,793 431 324 1,072 4,932 12,715 62,685 63,932 7,460 71,392 1,196 1,196 |
2022 £ 36,494 |
|---|---|---|
| - 22,536 |
||
| 22,536 | ||
| 13,958 | ||
| 17,330 13,632 - 345 - 800 1,771 9,369 |
||
| 43,247 | ||
| - 36,228 |
||
| 36,228 | ||
| 6,939 | ||
| 6,939 |
- 10 -