PTP Accounts Production v24.3.2.46 06411356 Board of Directors 1.9.23 31.8.24 31.8.24 other education not classified false true true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064113562023-08-31064113562024-08-31064113562023-09-012024-08-31064113562022-03-31064113562022-04-012023-08-31064113562023-08-3106411356ns15:EnglandWales2023-09-012024-08-3106411356ns14:PoundSterling2023-09-012024-08-3106411356ns10:Director12023-09-012024-08-3106411356ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106411356ns10:SmallEntities2023-09-012024-08-3106411356ns10:Audited2023-09-012024-08-3106411356ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106411356ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106411356ns10:FullAccounts2023-09-012024-08-3106411356ns10:Director42023-09-012024-08-3106411356ns10:RegisteredOffice2023-09-012024-08-3106411356ns10:Director22023-09-012024-08-3106411356ns10:Director32023-09-012024-08-3106411356ns5:CurrentFinancialInstruments2024-08-3106411356ns5:CurrentFinancialInstruments2023-08-3106411356ns5:ShareCapital2024-08-3106411356ns5:ShareCapital2023-08-3106411356ns5:RetainedEarningsAccumulatedLosses2024-08-3106411356ns5:RetainedEarningsAccumulatedLosses2023-08-3106411356ns5:OwnedAssets2023-09-012024-08-3106411356ns5:OwnedAssets2022-04-012023-08-3106411356ns5:PlantMachinery2023-08-3106411356ns5:PlantMachinery2023-09-012024-08-3106411356ns5:PlantMachinery2024-08-3106411356ns5:PlantMachinery2023-08-3106411356ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3106411356ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 06411356 (England and Wales)















Report of the Directors and

Financial Statements for the Year Ended 31 August 2024

for

LONDON PROFESSIONAL COLLEGE LTD

LONDON PROFESSIONAL COLLEGE LTD (Registered number: 06411356)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 4

Income Statement 8

Balance Sheet 9

Notes to the Financial Statements 10


LONDON PROFESSIONAL COLLEGE LTD

Company Information
for the Year Ended 31 August 2024







Directors: M A Hossain
Professor I T Luke



Registered office: Part First Floor,Moorfoot House,
Meridian Place,221 Marsh Wall,
London
E14 9FJ



Registered number: 06411356 (England and Wales)



Senior statutory auditor: Naresh Jani FCCA



Auditors: Andertons Europe Ltd (Statutory Auditors)
1st Floor
156 Cromwell Road
Kensington
London
SW7 4EF

LONDON PROFESSIONAL COLLEGE LTD (Registered number: 06411356)

Report of the Directors
for the Year Ended 31 August 2024

The directors present their report with the financial statements of the company for the year ended 31 August 2024.

Directors
M A Hossain and Professor I T Luke were appointed as directors after 31 August 2024 but prior to the date of this report.

Mrs C R Chater and A A Faruki ceased to be directors after 31 August 2024 but prior to the date of this report.

Statement of directors' responsibilities
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement as to disclosure of information to auditors
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Auditors
The auditors, Andertons Europe Ltd (Statutory Auditors), will be proposed for re-appointment at the forthcoming Annual General Meeting.


LONDON PROFESSIONAL COLLEGE LTD (Registered number: 06411356)

Report of the Directors
for the Year Ended 31 August 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:





M A Hossain - Director


21 August 2025

Report of the Independent Auditors to the Members of
LONDON PROFESSIONAL COLLEGE LTD

Opinion
We have audited the financial statements of LONDON PROFESSIONAL COLLEGE LTD (the 'company') for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 August 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Report of the Independent Auditors to the Members of
LONDON PROFESSIONAL COLLEGE LTD


Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
LONDON PROFESSIONAL COLLEGE LTD


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Audit response to risks identified :

We considered the extent of compliance with laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the company's records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the company's policies and procedures for compliance with laws and regulations with members of management responsible for compliance.

During the planning meeting, attention was drawn to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management overide of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether
judgements made in making accounting estimates gave rise to a possible indication of management bias. The review at the completion stage of the audit, included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non- compliance with laws and regulations and fraud.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional
misrepresentations , or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
LONDON PROFESSIONAL COLLEGE LTD


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Naresh Jani FCCA (Senior Statutory Auditor)
for and on behalf of Andertons Europe Ltd (Statutory Auditors)
1st Floor
156 Cromwell Road
Kensington
London
SW7 4EF

21 August 2025

LONDON PROFESSIONAL COLLEGE LTD (Registered number: 06411356)

Income Statement
for the Year Ended 31 August 2024

Period
1.4.22
Year ended to
31.8.24 31.8.23
Notes £    £   

Turnover 3 1,382,969 1,777,584

Cost of sales (309,244 ) (453,224 )
Gross profit 1,073,725 1,324,360

Administrative expenses (889,304 ) (1,076,988 )
184,421 247,372

Other operating income 51 -
Operating profit 5 184,472 247,372


Interest payable and similar
expenses

(3,078

)

(3

)
Profit before taxation 181,394 247,369

Tax on profit (45,949 ) (52,433 )
Profit for the financial year 135,445 194,936

LONDON PROFESSIONAL COLLEGE LTD (Registered number: 06411356)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 6 6,907 9,209

Current assets
Debtors 7 2,134,091 1,399,910
Cash in hand 83,467 239,494
2,217,558 1,639,404
Creditors
Amounts falling due within one year 8 1,880,985 1,440,578
Net current assets 336,573 198,826
Total assets less current liabilities 343,480 208,035

Capital and reserves
Called up share capital 100 100
Retained earnings 343,380 207,935
343,480 208,035

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

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:





M A Hossain - Director


LONDON PROFESSIONAL COLLEGE LTD (Registered number: 06411356)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. Statutory information

LONDON PROFESSIONAL COLLEGE LTD is a private company, limited by shares , 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.

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

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.

LONDON PROFESSIONAL COLLEGE LTD (Registered number: 06411356)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. Turnover

The turnover and profit before taxation are attributable to the one principal activity of the company.

The company's entire turnover derived from a group company.

4. Employees and directors

The average number of employees during the year was 23 (2023 - 14 ) .

5. Operating profit

The operating profit is stated after charging:

Period
1.4.22
Year ended to
31.8.24 31.8.23
£    £   
Depreciation - owned assets 2,302 5,050

6. Tangible fixed assets
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 41,380
DEPRECIATION
At 1 September 2023 32,171
Charge for year 2,302
At 31 August 2024 34,473
NET BOOK VALUE
At 31 August 2024 6,907
At 31 August 2023 9,209

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 2,095,215 1,373,095
Other debtors 38,876 26,815
2,134,091 1,399,910

LONDON PROFESSIONAL COLLEGE LTD (Registered number: 06411356)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. Debtors: amounts falling due within one year - continued

Included in trade debtors are amounts owed by group companies of £ 2,095,215.

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 1,057,138 5,260
Amounts owed to group undertakings 316,000 975,593
Taxation and social security 99,798 270,078
Other creditors 408,049 189,647
1,880,985 1,440,578

9. Ultimate controlling party

At 31 August 2024 the company's ultimate parent company and controlling party was Planet Education Networks Ltd.