| ICT Educational Services Limited |
| Registered Number:04979233 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
ICT Educational Services Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
ICT Educational Services Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
1
2,297
2
1
2,297
| Trade and other receivables |
272,988
236,689
3
12,041
| Cash and cash equivalents |
2,454
239,143
285,029
| Trade and other payables: amounts falling due within one |
| year |
(543,778)
(497,036)
4
(258,749)
(257,893)
Net current liabilities
| Total assets less current liabilities |
(257,892)
(256,452)
(257,892)
Net liabilities
(256,452)
6,000
6,000
(263,892)
(262,452)
(257,892)
(256,452)
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Paresh Ghedia Director |
| These financial statements were approved and authorised for issue by the Board on 16 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
ICT Educational Services Limited
Notes to the Financial Statements
Statutory Information
| ICT Educational Services Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 04979233. |
2 Defender Court
Sunderland Enterprise Park
Sunderland
Tyne & Wear
SR5 3PE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Furniture and Fittings
Pension costs and other post-retirement benefits
| For a defined benefit scheme, the liability recorded in the balance sheet is the present value of the defined obligation at that date, The defined benefit obligation is calculated on an annual basis by independent actuaries. Actuarial gains and losses are recognised in full in the period in which they occur and are shown in Other Comprehensive Income. Current and past service costs, along with settlements or curtailments, are charged to the Income Statement. Interest on pension plan liabilities are recognised within finance expense. |
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For the year ended 31 March 2025
ICT Educational Services Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
20,915
20,915
| Provision for depreciation and impairment |
18,618
Charge for year
2,296
20,914
1
2,297
| 3. Trade and other receivables |
2024
2025
-
4,446
236,689
268,542
272,988
236,689
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
41,316
378
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
135,170
135,170
| Taxation and social security |
-
5,766
320,550
402,464
497,036
543,778
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For the year ended 31 March 2025
ICT Educational Services Limited
Notes to the Financial Statements Continued
| 5. Related party transactions |
| As at 31 March 2025, PKM Investments Ltd (which has identical directors and shareholders to ICT Educational |
| Services Limited) owed £1,109 (year ended 31 March 2024 - £1,109). This balance arose in relation to a loan. |
| As at 31 March 2025, The ICT Pension Scheme (the trustees of which include the directors of ICT Educational |
| Services Limited) was owed £124,585 (year ended 31 March 2024 - £124,585). This balance was in relation to |
| dividends. |
| As at 31 March 2025, Connect and Protect Pension Scheme (the trustees of which are identical to the directors of |
| ICT Educational Services Limited) was owed £10,585 (year ended 31 March 2024 - £10,585). This balance was in |
| relation to dividends. |
| As at 31 March 2025, Classroom365 Limited (which has 2 of the directors who also serve ICT Educational Services |
| Limited) owed £235,353 (year ended 31 March 2024 - £267,353). This balance was in relation to a loan. |
| 6. Guarantees and other financial commitments |
| Employer Pension Obligations |
| The Company has agreed to fund a defined benefit pension scheme in respect of key employees. The most recent |
| actuarial valuation of the obligations of £317,000 (2024 - £382,000) was on 31/03/2025. During the year the expense |
| incurred was £19,000 (2024 - £18,000). |
| The principal assumptions used are: |
| -Pre and Post Retirement mortality - S3PMA tables with improvements in the CMI 2023 model and a long term rate |
| of improvement of 1.0%. |
| Present value of defined benefit obligations £317,000 £382,000 |
| Fair value of scheme assets £0 £0 |
| Liability recognised in the balance sheet £317,000 £382,000 |
| Movements in the present value of the defined benefit obligations were as follows: |
| At the beginning of the year £ 382,000 |
| Actuarial gains (£ 84.000) |
| At the end of the year £ 317,000 |
Pension commitments
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For the year ended 31 March 2025
ICT Educational Services Limited
Notes to the Financial Statements Continued
| 7. Average number of persons employed |
During the period the average number of employees was 3 (2024 : 3)
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