MENTOR COACH PARTNERS LTD

Company Registration Number:
08577518 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

MENTOR COACH PARTNERS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

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 2024




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 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The principal activity of the company continues to be that of providing mentoring services and skilled development 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 2023 to 31 March 2024
Ivaylo Piskov

This report was approved by the board of directors on 3 December 2024
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 2024


Notes

2024
£

2023
£
Turnover 33,700 34,216
Cost of sales ( 4,829 ) ( 5,393 )
Gross Profit or (Loss) 28,871 28,823
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 27,225 ) ( 27,849 )
Operating Profit or (Loss) 1,646 974
Profit or (Loss) Before Tax 1,646 974
Tax on Profit ( 367 ) ( 262 )
Profit or (Loss) for Period 1,279 712

The notes form part of these financial statements

MENTOR COACH PARTNERS LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,049 1,211
Total fixed assets: 1,049 1,211
Current assets
Cash at bank and in hand: 2,469 2,576
Total current assets: 2,469 2,576
Creditors: amounts falling due within one year: 5 ( 2,393 ) ( 2,414 )
Net current assets (liabilities): 76 162
Total assets less current liabilities: 1,125 1,373
Total net assets (liabilities): 1,125 1,373

The notes form part of these financial statements

MENTOR COACH PARTNERS LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,025 1,273
Shareholders funds: 1,125 1,373

For the year ending 31 March 2024 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 3 December 2024
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 2024

  • 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 of FRS 102 Section 1A 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 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

MENTOR COACH PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

MENTOR COACH PARTNERS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2023 3,560 3,560
Additions 188 188
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 3,748 3,748
Depreciation
At 01 April 2023 2,349 2,349
Charge for year 350 350
On disposals - -
Other adjustments - -
At 31 March 2024 2,699 2,699
Net book value
At 31 March 2024 1,049 1,049
At 31 March 2023 1,211 1,211

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 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 2,393 2,414
Total 2,393 2,414