REGISTERED NUMBER: 07207413 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Further Educational Tutorial Network

Page

Company Information

1

Report of the Director

2

Chartered Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

to

6

Notes to the Financial Statements

7

to

8

DIRECTOR:

Dr S A Wootton

REGISTERED OFFICE:

13 Regent Street

Barnsley

South Yorkshire

S70 2EG

REGISTERED NUMBER:

07207413 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

The director presents her report with the financial statements of the Company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the Company in the year under review was that of providing training and educational services.

DIRECTOR

Dr S A Wootton held office during the whole of the period from 1 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Dr S A Wootton - Director

15 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Further Educational Tutorial Network for the year ended 31 March 2025 which comprise the Profit and Loss Account, Balance Sheet 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of The Further Educational Tutorial Network in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Further Educational Tutorial Network and state those matters that we have agreed to state to the director of The Further Educational Tutorial Network in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Further Educational Tutorial Network and its director for our work or for this report.

It is your duty to ensure that The Further Educational Tutorial Network 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 The Further Educational Tutorial Network. You consider that The Further Educational Tutorial Network 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 The Further Educational Tutorial Network. 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.

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

15 December 2025

TURNOVER

33,181

25,900

Cost of sales

7,914

6,288

GROSS SURPLUS

25,267

19,612

Administrative expenses

22,766

20,948

2,501

(1,336

)

Other operating income

-

1,130

OPERATING SURPLUS/(DEFICIT) and

SURPLUS/(DEFICIT) BEFORE TAXATION

2,501

(206

)

Tax on surplus/(deficit)

-

-

SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR

2,501

(206

)

FIXED ASSETS

Tangible assets

5

1,156

1,530

CURRENT ASSETS

Debtors

6

4,640

2,845

Cash at bank and in hand

270

201

4,910

3,046

CREDITORS

Amounts falling due within one year

7

(1,715

)

(2,726

)

NET CURRENT ASSETS

3,195

320

TOTAL ASSETS LESS CURRENT LIABILITIES

4,351

1,850

RESERVES

Income and expenditure account

4,351

1,850

4,351

1,850

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2025 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 surplus or deficit 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 15 December 2025 and were signed by:

Dr S A Wootton - Director

1.	STATUTORY INFORMATION

The Further Educational Tutorial Network is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates

The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents amounts earned on services provided during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

6,102

139

6,241

DEPRECIATION

At 1 April 2024

4,663

48

4,711

Charge for year

360

14

374

At 31 March 2025

5,023

62

5,085

NET BOOK VALUE

At 31 March 2025

1,079

77

1,156

At 31 March 2024

1,439

91

1,530

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,640

2,845

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

900

1,910

Other creditors

815

816

1,715

2,726

8.	LIMITED BY GUARANTEE

The Company is limited by guarantee and therefore has no share capital.