REGISTERED NUMBER: 07943461 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

TRADETOWER LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S Mehta

REGISTERED OFFICE:

Georgian House

Park Lane

Stanmore

HA7 3HD

REGISTERED NUMBER:

07943461 (England and Wales)

ACCOUNTANTS:

Innovi Advisors Ltd

Chartered Certified Accountants

163 Herne Hill

London

SE24 9LR

FIXED ASSETS

Intangible assets

4

6,400

8,000

Tangible assets

5

3,410,412

3,433,887

Investments

6

1,168,900

1,168,900

4,585,712

4,610,787

CURRENT ASSETS

Debtors

7

913,731

1,915,605

Cash and cash equivalents

8,846

168

922,577

1,915,773

CREDITORS

Amounts falling due within one year

8

850,684

1,789,603

NET CURRENT ASSETS

71,893

126,170

TOTAL ASSETS LESS CURRENT LIABILITIES

4,657,605

4,736,957

CREDITORS

Amounts falling due after more than one year

9

(4,141,490

)

(4,223,455

)

PROVISIONS FOR LIABILITIES

(95,000

)

(95,000

)

NET ASSETS

421,115

418,502

CAPITAL AND RESERVES

Called up share capital

7,500

7,500

Non-distributable reserve

10

405,000

405,000

Retained earnings

8,615

6,002

SHAREHOLDERS' FUNDS

421,115

418,502

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

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

Mrs S Mehta - Director

1.	STATUTORY INFORMATION

Tradetower Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest Pound.

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.

Preparation of consolidated financial statements

The financial statements contain information about Tradetower Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and

accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives at the following rates

Land & buildings - 1% on cost

Assets held under finance leases are depreciated in the same way as owned assets.

At each statement of financial position date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the

impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investments in subsidiaries

Investments in subsidiaries are accounted for at cost less impairment in the individual financial statements.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2023

and 31 August 2024

8,000

AMORTISATION

Charge for year

1,600

At 31 August 2024

1,600

NET BOOK VALUE

At 31 August 2024

6,400

At 31 August 2023

8,000

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 September 2023

and 31 August 2024

3,566,605

DEPRECIATION

At 1 September 2023

132,718

Charge for year

23,475

At 31 August 2024

156,193

NET BOOK VALUE

At 31 August 2024

3,410,412

At 31 August 2023

3,433,887

Included within freehold property is land of £715,036 which is not depreciated.

Tangible fixed assets with a carrying value of £3,410,412 are pledged as security for the company's bank loan.

The freehold properties were valued on an open market basis on 31st August 2024 by the director.

Revaluations are shown through the Income Statement and deferred tax is calculated on these as appropriate.

Any unrealised gains/losses on the revaluation of properties are shown in a non-distributable reserve on the Statement of Financial Position.

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2023

and 31 August 2024

1,168,900

NET BOOK VALUE

At 31 August 2024

1,168,900

At 31 August 2023

1,168,900

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

913,731

1,915,605

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

388,680

388,680

Trade creditors

4,338

4,061

Taxation and social security

200

-

Other creditors

457,466

1,396,862

850,684

1,789,603

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

4,141,490

4,223,455

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

4,141,490

4,223,455

10.

RESERVES

Non-distributable

reserve

£

At 1 September 2023

and 31 August 2024

405,000

11.	RELATED PARTY DISCLOSURES

Oakseal Ltd., Inspired Learning Group (UK) Limited, St Christopher's School (Private) Limited, Buxlow Preparatory School Limited, The Study School Limited, Westbury House School Limited, Grange Park Preparatory School Limited, Essendene Lodge School Limited, Warlingham Park School Limited, The Orchard Kew Day Nursery Limited, Walton Montessori Limited, Collingwood School Limited, Inspired Learning Group (London) Limited, Gidea Park College Limited, Saint Felix School Limited, Danesfield Manor School Limited, St Francis College Limited, Wood Wharf Kindergarten Limited, Inspired Learning Group (London) (1) Limited, Inspired Learning Group (London) (2) Limited, Rookwood School Limited and Yateley Manor School London Limited are considered related parties by virtue of Mr A Mehta's interest in these entities. The amounts owed by the company to these related parties amount to £286,316 (2023: £715,574 owed to the company). No interest is charged on the balances.