REGISTERED NUMBER: SC524238 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 January 2025

for

Meet And Teach Glasgow Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTORS:

S S Ravichandran

Mrs E M Ravichandran

REGISTERED OFFICE:

20 Hamilton Road

Bothwell

Glasgow

G71 8NA

REGISTERED NUMBER:

SC524238 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

353,102

220,545

Investment property

5

292,724

292,724

645,826

513,269

CURRENT ASSETS

Stocks

5,653

14,906

Debtors

6

25,004

10,184

Cash at bank

2,121

866

32,778

25,956

CREDITORS

Amounts falling due within one year

7

333,771

203,630

NET CURRENT LIABILITIES

(300,993

)

(177,674

)

TOTAL ASSETS LESS CURRENT LIABILITIES

344,833

335,595

CREDITORS

Amounts falling due after more than one year

8

(272,651

)

(282,519

)

PROVISIONS FOR LIABILITIES

9

(2,923

)

(4,776

)

NET ASSETS

69,259

48,300

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

69,258

48,299

69,259

48,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 29 October 2025 and were signed on its behalf by:

S S Ravichandran - Director

1.	STATUTORY INFORMATION

Meet And Teach Glasgow Ltd is a private company, limited by shares , registered in Scotland. 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 the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 February 2024

201,440

3,000

10,768

Additions

-

140,998

-

At 31 January 2025

201,440

143,998

10,768

DEPRECIATION

At 1 February 2024

-

-

4,462

Charge for year

4,029

-

2,692

At 31 January 2025

4,029

-

7,154

NET BOOK VALUE

At 31 January 2025

197,411

143,998

3,614

At 31 January 2024

201,440

3,000

6,306

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2024

17,527

15,096

247,831

Additions

3,625

211

144,834

At 31 January 2025

21,152

15,307

392,665

DEPRECIATION

At 1 February 2024

15,621

7,203

27,286

Charge for year

1,911

3,645

12,277

At 31 January 2025

17,532

10,848

39,563

NET BOOK VALUE

At 31 January 2025

3,620

4,459

353,102

At 31 January 2024

1,906

7,893

220,545

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

292,724

NET BOOK VALUE

At 31 January 2025

292,724

At 31 January 2024

292,724

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

24,145

-

Other debtors

859

10,184

25,004

10,184

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

14,568

-

Trade creditors

2,448

14,226

Amounts owed to group undertakings

218,011

121,523

Taxation and social security

57,694

40,423

Other creditors

41,050

27,458

333,771

203,630

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

268,651

278,519

Other creditors

4,000

4,000

272,651

282,519

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

265,115

252,989

9.	PROVISIONS FOR LIABILITIES

31.1.25

31.1.24

£

£

Deferred tax

2,923

4,776

Deferred

tax

£

Balance at 1 February 2024

4,776

Utilised during year

(1,853

)

Balance at 31 January 2025

2,923

10.	RELATED PARTY DISCLOSURES

Included in creditors are amount owed to/from related parties at the reporting end date. These are:

£2,643 (2024 - £2,643) due from Emma Ravichandran Consultancy Ltd.

£35,000 (2024 - £0) due to Simon Ravichandran Consultancy Ltd

£1,584 (2024 - £21,584) due from Clinetix Grampian Ltd.

£108,550 (2024 - £110,374) due to Megadodo Holding Ltd.

£295,788 (2024 - £256,123) due to Clinetix Rejuvenation Limited.

The above loans are unsecured, interest free and have no fixed repayment terms.

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 Meet And Teach Glasgow Ltd for the year ended 31 January 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Meet And Teach Glasgow Ltd, 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 Meet And Teach Glasgow Ltd and state those matters that we have agreed to state to the Board of Directors of Meet And Teach Glasgow Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Meet And Teach Glasgow Ltd 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 profit of Meet And Teach Glasgow Ltd. You consider that Meet And Teach Glasgow Ltd 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 Meet And Teach Glasgow Ltd. 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.

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

29 October 2025