Company registration number 05962446 (England and Wales)
THE CREATIVE LEARNING JOURNEY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
PAGES FOR FILING WITH REGISTRAR
THE CREATIVE LEARNING JOURNEY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
THE CREATIVE LEARNING JOURNEY LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2023
30 September 2023
- 1 -
30 September 2023
31 March 2022
Notes
£
£
£
£
Fixed assets
Intangible assets
3
1
Current assets
Debtors
4
9,499
Cash at bank and in hand
9,042
3,017
9,042
12,516
Creditors: amounts falling due within one year
5
(9,042)
(500)
Net current assets
12,016
Net assets
12,017
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
(200)
11,817
Total equity
12,017
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 19 January 2024 and are signed on its behalf by:
Mr PF Ford
Director
Company registration number 05962446 (England and Wales)
THE CREATIVE LEARNING JOURNEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 2 -
1
Accounting policies
Company information
The Creative Learning Journey Limited is a private company limited by shares incorporated in England and Wales. The registered office is Fernwood House, Fernwood Road, Jesmond, Newcastle upon Tyne, United Kingdom, NE2 1TJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Intangible fixed assets other than goodwill
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Patents and licences are carried at their original cost.
1.3
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
THE CREATIVE LEARNING JOURNEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 3 -
3
Intangible fixed assets
Other
£
Cost
At 1 April 2022 and 30 September 2023
1
Amortisation and impairment
At 1 April 2022
Disposals
1
At 30 September 2023
1
Carrying amount
At 30 September 2023
At 31 March 2022
1
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Corporation tax recoverable
2,265
Directors' current accounts
6,970
Other debtors
264
9,499
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
8,960
Accruals and deferred income
82
500
9,042
500
THE CREATIVE LEARNING JOURNEY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 4 -
6
Directors' transactions
The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:
D Harris and Mrs H Harris | | | |
| | | |
Balance outstanding at the start of the year | | | |
| | | |
| | | |
| | | |
Balance outstanding at the end of the year | | | |
| | | |
No interest was charged on the above loan. | | | |
| | | |