Company Registration No. 12929942 (England and Wales)
TutorChase Ltd
Unaudited accounts
for the year ended 31 December 2024
TutorChase Ltd
Unaudited accounts
Contents
TutorChase Ltd
Company Information
for the year ended 31 December 2024
Directors
Rahil Sachak-Patwa
Adrian Wynne
Company Number
12929942 (England and Wales)
Registered Office
71-75 SHELTON STREET
LONDON
GREATER LONDON
WC2H 9JQ
UNITED KINGDOM
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
TutorChase Ltd
Statement of financial position
as at 31 December 2024
Intangible assets
603,000
242,636
Tangible assets
2,389
2,455
Cash at bank and in hand
66,892
47,421
Creditors: amounts falling due within one year
(16,650)
5,565
Net current assets
53,331
104,031
Net assets
674,960
365,362
Called up share capital
1,590
1,329
Share premium
829,410
529,671
Profit and loss account
(156,040)
(165,638)
Shareholders' funds
674,960
365,362
For the year ending 31 December 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 16 September 2025 and were signed on its behalf by
Rahil Sachak-Patwa
Director
Company Registration No. 12929942
TutorChase Ltd
Notes to the Accounts
for the year ended 31 December 2024
TutorChase Ltd is a private company, limited by shares, registered in England and Wales, registration number 12929942. The registered office is 71-75 SHELTON STREET, LONDON, GREATER LONDON, WC2H 9JQ, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The director has considered the effect of future events on the company and has determined that they do not create a material uncertainty that casts significant doubt upon the company's ability to continue as a going concern. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.
Expenditure on research and development is written off in the year in which it is incurred.
TutorChase Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Other
At 31 December 2024
603,389
At 31 December 2024
603,000
At 31 December 2023
242,636
5
Tangible fixed assets
Plant & machinery
6
Investments
Other investments
Valuation at 1 January 2024
16,240
Valuation at 31 December 2024
16,240
Amounts falling due within one year
Trade debtors
2,191
51,045
TutorChase Ltd
Notes to the Accounts
for the year ended 31 December 2024
8
Creditors: amounts falling due within one year
2024
2023
Trade creditors
27,246
198
Taxes and social security
(35,057)
(55,768)
Other creditors
17,754
48,985
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).