Company Registration No. 12794467 (England and Wales)
Topup Learning Limited
Unaudited accounts
for the year ended 31 December 2024
Topup Learning Limited
Unaudited accounts
Contents
Topup Learning Limited
Company Information
for the year ended 31 December 2024
Company Number
12794467 (England and Wales)
Registered Office
148 Camden High Street
London
NW1 0NE
United Kingdom
Accountants
Kore Consulting
85 Great Portland Street
London
W1W 7LT
Topup Learning Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
9,069
3,584
Creditors: amounts falling due within one year
(20,799)
(8,281)
Net current liabilities
(7,176)
(4,697)
Total assets less current liabilities
19,583
15,303
Creditors: amounts falling due after more than one year
(465,135)
(312,865)
Net liabilities
(445,552)
(297,562)
Called up share capital
70,107
70,107
Share premium
48,593
48,593
Profit and loss account
(564,252)
(416,262)
Shareholders' funds
(445,552)
(297,562)
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 director acknowledges his 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 and authorised for issue on 30 September 2025 and were signed on its behalf by
Dr Sam Malafeh
Director
Company Registration No. 12794467
Topup Learning Limited
Notes to the Accounts
for the year ended 31 December 2024
Topup Learning Limited is a private company, limited by shares, registered in England and Wales, registration number 12794467. The registered office is 148 Camden High Street , London, NW1 0NE, 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.
Investment in subsidiary is included at fair value.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The accounts have been prepared on going concern basis. The Directors have confirmed that the company is a going concern. There are no material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue to adopt the going concern basis of accounting.
Topup Learning Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Other
5
Investments
Subsidiary undertakings
Valuation at 1 January 2024
20,000
Valuation at 31 December 2024
20,000
Paid for the acquisition of the subsidiary "Teacher Training International Limited"
Amounts falling due within one year
Accrued income and prepayments
1,725
-
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,399
6,830
Taxes and social security
(4,369)
(2)
Other creditors
10,230
(682)
Deferred income
7,539
2,135
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
465,135
312,865
Topup Learning Limited
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
50,395 Ordinary shares - Dr Sam Malafeh of £1 each
50,395
50,395
6,485 Ordinary Shares - Mustafa of £1 each
6,485
6,485
7,970 Ordinary Shares - Wei of £1 each
7,970
7,970
3,855 Ordinary Shares - Mohammad Saeid of £1 each
3,855
3,855
701 Ordinary Shares - Lihong Wang of £1 each
701
701
701 Ordinary Shares - Lin Yang of £1 each
701
701
10
Transactions with related parties
The related party transactions are:
1 - Loan from subsidiaries (Teacher Training International Limited) - £312,865.24
2 - Tuition services to Teacher Training International Limited - £54,615.73
11
Average number of employees
During the year the average number of employees was 7 (2023: 15).