REGISTERED NUMBER: 12207743 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

PMT EDUCATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Chavli

REGISTERED OFFICE:

125 Kingsway

Holborn

London

WC2B 6NH

REGISTERED NUMBER:

12207743 (England and Wales)

ACCOUNTANTS:

ADPL LLP

Chartered Certified Accountants

& Business Advisers

Ernest House

293 Green Lanes

Palmers Green

London

N13 4XS

FIXED ASSETS

Intangible assets

4

75,700

84,216

Tangible assets

5

10,761

10,761

86,461

94,977

CURRENT ASSETS

Debtors

6

-

7,360

Cash at bank

69,624

45,608

69,624

52,968

CREDITORS

Amounts falling due within one year

7

491,268

493,359

NET CURRENT LIABILITIES

(421,644

)

(440,391

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(335,183

)

(345,414

)

CREDITORS

Amounts falling due after more than one year

8

18,214

29,072

NET LIABILITIES

(353,397

)

(374,486

)

RESERVES

Income and expenditure account

(353,397

)

(374,486

)

(353,397

)

(374,486

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 June 2025 and were signed by:

G Chavli - Director

1.	STATUTORY INFORMATION

Pmt Education Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 October 2023

125,458

Additions

16,717

At 30 September 2024

142,175

AMORTISATION

At 1 October 2023

41,242

Amortisation for year

25,233

At 30 September 2024

66,475

NET BOOK VALUE

At 30 September 2024

75,700

At 30 September 2023

84,216

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 October 2023

18,397

Additions

3,587

At 30 September 2024

21,984

DEPRECIATION

At 1 October 2023

7,636

Charge for year

3,587

At 30 September 2024

11,223

NET BOOK VALUE

At 30 September 2024

10,761

At 30 September 2023

10,761

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Other debtors

-

7,360

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade creditors

1

-

Taxation and social security

815

935

Other creditors

490,452

492,424

491,268

493,359

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

18,214

29,072