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Company Registration No. 03666896 (England and Wales)
Teacher Training International Limited Unaudited accounts for the year ended 31 December 2023
Teacher Training International Limited Unaudited accounts Contents
Page
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Teacher Training International Limited Company Information for the year ended 31 December 2023
Director
Dr Sam Malafeh
Company Number
03666896 (England and Wales)
Registered Office
148 Camden High Street Camden Town London NW1 0NE United Kingdom
Accountants
Kore Consulting 85 Great Portland Street London W1W 7LT
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Teacher Training International Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
20,000 
20,000 
Tangible assets
10,838 
8,525 
30,838 
28,525 
Current assets
Debtors
463,533 
241,929 
Cash at bank and in hand
72,621 
70,616 
536,154 
312,545 
Creditors: amounts falling due within one year
(97,926)
(177,548)
Net current assets
438,228 
134,997 
Total assets less current liabilities
469,066 
163,522 
Creditors: amounts falling due after more than one year
(541,243)
(309,097)
Net liabilities
(72,177)
(145,575)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(72,179)
(145,577)
Shareholders' funds
(72,177)
(145,575)
For the year ending 31 December 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 September 2024 and were signed on its behalf by
Dr Sam Malafeh Director Company Registration No. 03666896
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Teacher Training International Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Teacher Training International Limited is a private company, limited by shares, registered in England and Wales, registration number 03666896. The registered office is 148 Camden High Street, Camden Town, London, NW1 0NE, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The straight-line method of amortization is adopted.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Going concern
The accounts have been prepared on going concern basis. The Directors have confirmed that the company is a going concern. There are no material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue to adopt the going concern basis of accounting.
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Teacher Training International Limited Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
20,000 
At 31 December 2023
20,000 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
20,000 
At 31 December 2022
20,000 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
17,603 
8,280 
4,063 
29,946 
Additions
- 
4,458 
1,469 
5,927 
At 31 December 2023
17,603 
12,738 
5,532 
35,873 
Depreciation
At 1 January 2023
12,698 
5,857 
2,866 
21,421 
Charge for the year
1,227 
1,720 
667 
3,614 
At 31 December 2023
13,925 
7,577 
3,533 
25,035 
Net book value
At 31 December 2023
3,678 
5,161 
1,999 
10,838 
At 31 December 2022
4,905 
2,423 
1,197 
8,525 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
130,668 
46,303 
Other debtors
312,865 
175,626 
443,533 
221,929 
Amounts falling due after more than one year
Other debtors
20,000 
20,000 
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Teacher Training International Limited Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
45,046 
39,494 
Trade creditors
23,298 
21,463 
Taxes and social security
33,604 
44,992 
Other creditors
(2,794)
(2,383)
Loans from directors
(6,663)
- 
Deferred income
5,435 
73,982 
97,926 
177,548 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
137,803 
183,561 
Other creditors
403,440 
125,536 
541,243 
309,097 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Transactions with related parties
The related party transactions are: 1 - Loan to parent (Topup learning limited): £318,865.24 2 - Tuition services from Topup Learning Limited: £54,615.73 3 - Salary - Mr Sam Malafeh: £26,000 4 - Sale and marketing Commission Charges - Mr Mohammad Sharifi: £36,000 5 - Director loan to the company - Mr Sam Malafeh: £6,663.18
11
Controlling party
Topup Learning Limited 148 Camden High Street London, NW1 0NE United Kingdom
12
Average number of employees
During the year the average number of employees was 11 (2022: 21).
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