REGISTERED NUMBER: 02868671

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MATHS PARTNERSHIP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss N A Hammond

Miss M Lednicka'

SECRETARY:

Miss N A Hammond

REGISTERED OFFICE:

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

REGISTERED NUMBER:

02868671

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

BANKERS:

HSBC

47 Rye Lane

Peckham

London

SE15 5ET

FIXED ASSETS

Intangible assets

4

261,659

311,498

Tangible assets

5

31,594

32,875

293,253

344,373

CURRENT ASSETS

Debtors

6

268,708

220,648

Cash at bank and in hand

655,420

638,814

924,128

859,462

CREDITORS

Amounts falling due within one year

7

329,364

291,834

NET CURRENT ASSETS

594,764

567,628

TOTAL ASSETS LESS CURRENT LIABILITIES

888,017

912,001

PROVISIONS FOR LIABILITIES

7,743

5,725

NET ASSETS

880,274

906,276

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Capital redemption reserve

500

500

Retained earnings

878,774

904,776

SHAREHOLDERS' FUNDS

880,274

906,276

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 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 31 December 2025 and were signed on its behalf by:

Miss N A Hammond - Director

Miss M Lednicka' - Director

1.	STATUTORY INFORMATION

Maths Partnership Limited is a private company, limited by shares , registered in Not specified/Other. 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

The turnover shown in the profit and loss account represents the value of work carried out in the year excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000 for £2,432 and £104,682 in 2007 have been fully amortised evenly over there estimated useful life of ten years. A further business was purchased on the 11th June 2010 for £996,783. This is being amortised over 20 years being its expected useful life.

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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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.

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 11 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,103,897

AMORTISATION

At 1 April 2024

792,399

Charge for year

49,839

At 31 March 2025

842,238

NET BOOK VALUE

At 31 March 2025

261,659

At 31 March 2024

311,498

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

43,450

66,582

110,032

Additions

330

7,704

8,034

Disposals

(108

)

(7,942

)

(8,050

)

At 31 March 2025

43,672

66,344

110,016

DEPRECIATION

At 1 April 2024

30,320

46,837

77,157

Charge for year

1,887

4,972

6,859

Eliminated on disposal

(101

)

(5,493

)

(5,594

)

At 31 March 2025

32,106

46,316

78,422

NET BOOK VALUE

At 31 March 2025

11,566

20,028

31,594

At 31 March 2024

13,130

19,745

32,875

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

205,314

171,902

Amounts owed by group undertakings

134

-

Other debtors

63,260

48,746

268,708

220,648

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

24,853

18,348

Taxation and social security

198,535

212,610

Other creditors

105,976

60,876

329,364

291,834

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

31.3.25

31.3.24

£

£

A T Hammond FCCA

Balance outstanding at start of year

-

272,746

Amounts advanced

-

109,508

Amounts repaid

-

(382,254

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

S B Majithia FCCA

Balance outstanding at start of year

-

290,221

Amounts advanced

-

120,442

Amounts repaid

-

(410,663

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The directors overdrawn loan accounts were repaid in full on 30th November 2023. Interest of £nil (£10,093 - 2024) was paid to the company calculated @ nil% ( 2.25% - 2024) per annum on the outstanding balance.