REGISTERED NUMBER: 08166763 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FM TUTOR & ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms J M Wiggins

REGISTERED OFFICE:

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

REGISTERED NUMBER:

08166763 (England and Wales)

ACCOUNTANTS:

Gibson Whitter

Chartered Accountants

and Chartered Tax Advisers

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

FIXED ASSETS

Tangible assets

4

-

5,943

Investment property

5

121,000

114,000

121,000

119,943

CURRENT ASSETS

Cash at bank

9,512

7,159

CREDITORS

Amounts falling due within one year

6

92,139

94,487

NET CURRENT LIABILITIES

(82,627

)

(87,328

)

TOTAL ASSETS LESS CURRENT LIABILITIES

38,373

32,615

CREDITORS

Amounts falling due after more than one year

7

-

5,376

NET ASSETS

38,373

27,239

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

38,372

27,238

SHAREHOLDERS' FUNDS

38,373

27,239

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 director acknowledges her 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 and authorised for issue by the director and authorised for issue on 24 September 2025 and were signed by:

Ms J M Wiggins - Director

1.	STATUTORY INFORMATION

FM Tutor & Associates 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 20% on cost and 10% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Other operating income

Other operating income is rental income. Rental income is recognised in the period to which the rent relates.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

32,071

Disposals

(21,133

)

At 31 December 2024

10,938

DEPRECIATION

At 1 January 2024

26,128

Charge for year

1,485

Eliminated on disposal

(16,675

)

At 31 December 2024

10,938

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

5,943

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

21,133

Disposals

(21,133

)

At 31 December 2024

-

DEPRECIATION

At 1 January 2024

15,190

Charge for year

1,485

Eliminated on disposal

(16,675

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

5,943

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

114,000

Revaluations

7,000

At 31 December 2024

121,000

NET BOOK VALUE

At 31 December 2024

121,000

At 31 December 2023

114,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2018

4,236

Valuation in 2019

10,000

Valuation in 2020

(15,000

)

Valuation in 2023

(31,000

)

Valuation in 2024

7,000

Cost

145,764

121,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

145,764

145,764

Investment properties were valued on an open market basis on 31 December 2024 by the director .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Finance leases

-

2,704

Trade creditors

-

225

Other creditors

92,139

91,558

92,139

94,487

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Finance leases

-

5,376

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Finance leases

-

8,080

Finance leases are secured against the asset being financed.

9.	RELATED PARTY DISCLOSURES

The aggregate amount owed to the director at the balance sheet date is £91,089 (31.12.23: £90,550).

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms J M Wiggins.