REGISTERED NUMBER: |
Financial Statements for the Period 1 October 2021 to 31 December 2022 |
for |
Seneca Learning Ltd |
REGISTERED NUMBER: |
Financial Statements for the Period 1 October 2021 to 31 December 2022 |
for |
Seneca Learning Ltd |
Seneca Learning Ltd (Registered number: 10379489) |
Contents of the Financial Statements |
for the Period 1 October 2021 to 31 December 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Seneca Learning Ltd |
Company Information |
for the Period 1 October 2021 to 31 December 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Certified Accountants and |
Statutory Auditors |
Treviot House |
186-192 High Road |
Ilford |
Essex |
IG1 1LR |
Seneca Learning Ltd (Registered number: 10379489) |
Balance Sheet |
31 December 2022 |
2022 | 2021 |
as restated |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings | ( |
) | ( |
) |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Seneca Learning Ltd (Registered number: 10379489) |
Notes to the Financial Statements |
for the Period 1 October 2021 to 31 December 2022 |
1. | STATUTORY INFORMATION |
Seneca Learning Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with related parties within the group. |
Turnover |
Turnover represents the total subscriptions received, excluding value added tax, of sales made during the year with adjustments for accrued and deferred income. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Computer equipment | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Seneca Learning Ltd (Registered number: 10379489) |
Notes to the Financial Statements - continued |
for the Period 1 October 2021 to 31 December 2022 |
4. | INTANGIBLE FIXED ASSETS |
Development |
costs |
£ |
COST |
At 1 October 2021 |
Additions |
At 31 December 2022 |
AMORTISATION |
At 1 October 2021 |
Amortisation for period |
At 31 December 2022 |
NET BOOK VALUE |
At 31 December 2022 |
At 30 September 2021 |
5. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 October 2021 |
Additions |
Disposals | ( |
) |
At 31 December 2022 |
DEPRECIATION |
At 1 October 2021 |
Charge for period |
Eliminated on disposal | ( |
) |
At 31 December 2022 |
NET BOOK VALUE |
At 31 December 2022 |
At 30 September 2021 |
Seneca Learning Ltd (Registered number: 10379489) |
Notes to the Financial Statements - continued |
for the Period 1 October 2021 to 31 December 2022 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
as restated |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
as restated |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Tax |
Other creditors |
Accruals and deferred income |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | OTHER FINANCIAL COMMITMENTS |
As at 31 December 2022 the company had annual commitments under non-cancellable operating leases, totalling £81,520. |
10. | POST BALANCE SHEET EVENTS |
There were no post balance sheet events. |
11. | ULTIMATE CONTROLLING PARTY |
The immediate and ultimate parent undertaking of Seneca Learning Limited is GoStudent GmbH, a company incorporated in Austria. |
The address is Ernst Melchior-Gasse 20, 6. OG 1020 Wien. |
The consolidated financial statements are not available within the public domain. |