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Company Registration No. 13496795 (England and Wales)
Paideia Mentors Ltd Unaudited accounts for the year ended 31 July 2024
Paideia Mentors Ltd Unaudited accounts Contents
Page
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Paideia Mentors Ltd Company Information for the year ended 31 July 2024
Directors
Andras Kapuvari Louis Martin Arseni Gladkov
Company Number
13496795 (England and Wales)
Registered Office
Suite 1-3 Hop Exchange 24 Southwark Street London SE1 1TY England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Paideia Mentors Ltd Accountants' report
Accountants' report to the board of directors of Paideia Mentors Ltd on the preparation of the unaudited statutory accounts for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Paideia Mentors Ltd for the year ended 31 July 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Paideia Mentors Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Paideia Mentors Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paideia Mentors Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Paideia Mentors Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Paideia Mentors Ltd. You consider that Paideia Mentors Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Paideia Mentors Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 25 February 2025
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Paideia Mentors Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
482 
745 
Current assets
Debtors
7,763 
4,349 
Cash at bank and in hand
5,247 
2,667 
13,010 
7,016 
Creditors: amounts falling due within one year
(13,444)
(7,105)
Net current liabilities
(434)
(89)
Net assets
48 
656 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(52)
556 
Shareholders' funds
48 
656 
For the year ending 31 July 2024 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 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 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 of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by
Andras Kapuvari Director Company Registration No. 13496795
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Paideia Mentors Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Paideia Mentors Ltd is a private company, limited by shares, registered in England and Wales, registration number 13496795. The registered office is Suite 1-3 Hop Exchange, 24 Southwark Street, London, SE1 1TY, England.
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
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Computer equipment
Straight Line at 33.33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
789 
At 31 July 2024
789 
Depreciation
At 1 August 2023
44 
Charge for the year
263 
At 31 July 2024
307 
Net book value
At 31 July 2024
482 
At 31 July 2023
745 
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Paideia Mentors Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,535 
3,920 
Accrued income and prepayments
- 
429 
Other debtors
1,228 
- 
7,763 
4,349 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
5,552 
1,832 
Taxes and social security
7,312 
4,840 
Loans from directors
580 
433 
13,444 
7,105 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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