REGISTERED NUMBER: 06763980 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

CELT STUDENT SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

G R Nelson

Ms G Durighello

SECRETARY:

REGISTERED OFFICE:

Llanover House

Llanover Road

Pontypridd

Rhondda Cynon Taff

CF37 4DY

REGISTERED NUMBER:

06763980 (England and Wales)

ACCOUNTANTS:

James de Frias

Chartered Accountants

Llanover House

Llanover Road

Pontypridd

Rhondda Cynon Taff

CF37 4DY

FIXED ASSETS

Tangible assets

4

720,999

738,250

CURRENT ASSETS

Cash at bank and in hand

437

1,174

CREDITORS

Amounts falling due within one year

5

393,093

384,172

NET CURRENT LIABILITIES

(392,656

)

(382,998

)

TOTAL ASSETS LESS CURRENT LIABILITIES

328,343

355,252

CREDITORS

Amounts falling due after more than one year

6

(151,000

)

(160,595

)

PROVISIONS FOR LIABILITIES

(47,500

)

(47,500

)

NET ASSETS

129,843

147,157

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

129,743

147,057

SHAREHOLDERS' FUNDS

129,843

147,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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 Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

G R Nelson - Director

1.	STATUTORY INFORMATION

CELT Student Services Limited 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 as modified by the revaluation of certain assets.

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.

Freehold property

-

2% on cost

Fixtures and fittings

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST OR VALUATION

At 1 January 2024

and 31 December 2024

857,091

24,976

882,067

DEPRECIATION

At 1 January 2024

119,276

24,541

143,817

Charge for year

17,142

109

17,251

At 31 December 2024

136,418

24,650

161,068

NET BOOK VALUE

At 31 December 2024

720,673

326

720,999

At 31 December 2023

737,815

435

738,250

Cost or valuation at 31 December 2024 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

Valuation in 2020

516,866

24,976

541,842

Valuation in 2021

340,225

-

340,225

857,091

24,976

882,067

If Freehold property had not been revalued it would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

516,866

516,866

Freehold property was valued on an open market value basis on 31 December 2023 by the director, Mr G Nelson .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

19,000

19,000

Other creditors

374,093

365,172

393,093

384,172

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

151,000

160,595

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

75,000

84,595

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

170,000

179,595

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

G R Nelson and Ms G Durighello

Balance outstanding at start of year

(115,826

)

(107,526

)

Amounts repaid

(6,000

)

(8,300

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(121,826

)

(115,826

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr G Nelson and Miss G Durighello.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CELT Student Services Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CELT Student Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CELT Student Services Limited and state those matters that we have agreed to state to the Board of Directors of CELT Student Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CELT Student Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CELT Student Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of CELT Student Services Limited. You consider that CELT Student Services Limited 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 financial statements of CELT Student Services Limited. 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 financial statements.

James de Frias

Chartered Accountants

Llanover House

Llanover Road

Pontypridd

Rhondda Cynon Taff

CF37 4DY

24 September 2025