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REGISTERED NUMBER: 12896587 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Classmate Technologies Ltd

Classmate Technologies Ltd (Registered number: 12896587)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Classmate Technologies Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTOR: S I L Bjartmar Hylta





REGISTERED OFFICE: C/O Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF





REGISTERED NUMBER: 12896587 (England and Wales)





ACCOUNTANTS: Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF

Classmate Technologies Ltd (Registered number: 12896587)

Statement of Financial Position
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,512 2,607

CURRENT ASSETS
Debtors 5 102,925 108,079
Cash at bank 208,039 671,241
310,964 779,320
CREDITORS
Amounts falling due within one year 6 37,941 18,768
NET CURRENT ASSETS 273,023 760,552
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,535

763,159

CAPITAL AND RESERVES
Called up share capital 128 124
Share premium 1,186,794 1,084,895
Retained earnings (908,387 ) (321,860 )
278,535 763,159

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 November 2023 and were signed by:





S I L Bjartmar Hylta - Director


Classmate Technologies Ltd (Registered number: 12896587)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Classmate Technologies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - straight line over 3 years

Taxation
Taxation for the year 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 statement of financial position 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 year was 2 (2022 - 2 ) .

Classmate Technologies Ltd (Registered number: 12896587)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 3,915
Additions 4,719
At 30 September 2023 8,634
DEPRECIATION
At 1 October 2022 1,308
Charge for year 1,814
At 30 September 2023 3,122
NET BOOK VALUE
At 30 September 2023 5,512
At 30 September 2022 2,607

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Amounts owed by group undertakings - 16,700
Other debtors 102,925 91,379
102,925 108,079

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 14,850 14,311
Amounts owed to group undertakings 15,264 -
Taxation and social security 1,012 2,037
Other creditors 6,815 2,420
37,941 18,768

7. RELATED PARTY DISCLOSURES

At balance sheet date, included within other creditors due within one year is an amount of £5,060 (2022: £Nil) owed to the director. This balance is not subject to any interest or formal repayment arrangements.