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
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
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
Paideia Mentors Ltd
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
5,247
2,667
Creditors: amounts falling due within one year
(13,444)
(7,105)
Net current liabilities
(434)
(89)
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
Paideia Mentors Ltd
Notes to the Accounts
for the year ended 31 July 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Paideia Mentors Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Accrued income and prepayments
-
429
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
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).