MENTOR COACH PARTNERS LTD

Company Registration Number:
08577518 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MENTOR COACH PARTNERS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MENTOR COACH PARTNERS LTD

Company Information

for the Period Ended 31 March 2023




Director: Ivaylo Piskov
Registered office: 12
Tycehurst Hill
Loughton
England
IG10 1BU
Company Registration Number: 08577518 (England and Wales)

MENTOR COACH PARTNERS LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

The principal activity of the company continues to be that of providing mentoring services and skilled development solutions as well as custom software solutions to students, startups, SME's and established companies.

Additional information

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Ivaylo Piskov

This report was approved by the board of directors on 20 November 2023
And Signed On Behalf Of The Board By:

Name: Ivaylo Piskov
Status: Director

MENTOR COACH PARTNERS LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 34,216 29,314
Cost of sales ( 5,393 ) ( 0 )
Gross Profit or (Loss) 28,823 29,314
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 27,849 ) ( 27,843 )
Other operating income 0 0
Operating Profit or (Loss) 974 1,471
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 974 1,471
Tax on Profit ( 262 ) ( 320 )
Profit or (Loss) for Period 712 1,151

The notes form part of these financial statements

MENTOR COACH PARTNERS LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,211 637
Total fixed assets: 1,211 637
Current assets
Debtors: 5 0 2,370
Cash at bank and in hand: 2,576 3,182
Total current assets: 2,576 5,552
Creditors: amounts falling due within one year: 6 ( 2,414 ) ( 4,508 )
Net current assets (liabilities): 162 1,044
Total assets less current liabilities: 1,373 1,681
Total net assets (liabilities): 1,373 1,681

The notes form part of these financial statements

MENTOR COACH PARTNERS LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,273 1,581
Shareholders funds: 1,373 1,681

For the year ending 31 March 2023 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 November 2023
And Signed On Behalf Of The Board By:

Name: Ivaylo Piskov
Status: Director

The notes form part of these financial statements

MENTOR COACH PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value of goods provided to customers and work carried out in respect of services provided to customers.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
    Computer equipment: 25% reducing balance.

    Valuation information and policy

    The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

    Other accounting policies

    The accounts have been prepared in accordance with the provisions ofFRS 102 Section IA Small Entities. There were no material departures from that standard. 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.

MENTOR COACH PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MENTOR COACH PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

MENTOR COACH PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2022 2,582 2,582
Additions 978 978
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 3,560 3,560
Depreciation
At 01 April 2022 1,945 1,945
Charge for year 404 404
On disposals - -
Other adjustments - -
At 31 March 2023 2,349 2,349
Net book value
At 31 March 2023 1,211 1,211
At 31 March 2022 637 637

Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Computer equipment 25% reducing balance

MENTOR COACH PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Other debtors 0 2,370
Total 0 2,370

No debtors for 1 Apr 2022 to 31 Mar 2023 year

MENTOR COACH PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 2,414 3,286
Accruals and deferred income 1,222
Total 2,414 4,508