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REGISTERED NUMBER: 15072402 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

1ST MAY 2024 TO 31ST JANUARY 2025

FOR

VANTAGE COLLEGE LIMITED

| VANTAGE COLLEGE LIMITED (REGISTERED NUMBER: 15072402) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1ST MAY 2024 TO 31ST JANUARY 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| VANTAGE COLLEGE LIMITED |

COMPANY INFORMATION

FOR THE PERIOD 1ST MAY 2024 TO 31ST JANUARY 2025

| DIRECTORS: | Mrs B Zaidi

| Ms Z Iqbal

| REGISTERED OFFICE: | Khosla House 3

| Great West Road

| London

| W4 5QJ

| REGISTERED NUMBER: | 15072402 (England and Wales)

| INDEPENDENT AUDITORS: | Watergates Ltd (Statutory Auditor)

| 109 Coleman Road

| Leicester

| Leicestershire

| LE5 4LE

| VANTAGE COLLEGE LIMITED (REGISTERED NUMBER: 15072402) |

STATEMENT OF FINANCIAL POSITION

31ST JANUARY 2025

| 31/1/25 |  | 30/4/24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 208,221 |  | 245,767 |  |

CURRENT ASSETS

Debtors | 6 | 66,477 |  | 113,119 |  |

Cash at bank | 852,795 |  | 280,000 |  |

919,272 |  | 393,119 |  |

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 7 | (1,406,508 | ) | (778,012 | ) |

NET CURRENT LIABILITIES | (487,236 | ) | (384,893 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (279,015 | ) | (139,126 | ) |

PROVISIONS FOR LIABILITIES | (37,074 | ) | (44,150 | ) |

NET LIABILITIES | (316,089 | ) | (183,276 | ) |

CAPITAL AND RESERVES

Called up share capital | 8 | 10 |  | 10 |  |

Retained earnings | (316,099 | ) | (183,286 | ) |

SHAREHOLDERS' FUNDS | (316,089 | ) | (183,276 | ) |

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 22nd May 2025 and were signed on its behalf by:

Mrs B Zaidi - Director

| VANTAGE COLLEGE LIMITED (REGISTERED NUMBER: 15072402) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1ST MAY 2024 TO 31ST JANUARY 2025

1. | STATUTORY INFORMATION

| Vantage College Limited 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 (£).

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.

| GOING CONCERN

| After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

| The directors have reviewed future cash flow projections and financial modelling, which they feel adequately reflect the current economic environment. The directors are satisfied that this shows its future plans to be viable, and there will be sufficient cash resources available for the forthcoming 12 months to enable the entity to continue as a going concern.

| As shown in the accompanying financial statements, the Company incurred a net loss before taxation of £139,887 for the year ended 31 January 2025 (30/04/24: £139,136). As of 31 January 2025, despite having a positive cash balance of £852,795 (30/04/24: £280,000) the Company was in a net liability position of £316,087 with net current liabilities of £487,234

| However it must be noted that a significant portion of the creditors relates to a funding arrangement with related companies and thus there is no immediate risk. It must be noted that the above results are in line with management's expectations and part of their long term plans of development for future positive results and arrangements through loans are in place. The entity has only recently started trading and is in the process of generating consistent revenue as it establishes.

| The Company’s financial statements do not include any adjustments that might be necessary if it were unable to continue as a going concern. After considering all relevant uncertainties, the directors have a reasonable expectation that the entity has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

| TURNOVER

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

| rebates, value added tax and other sales taxes. Turnover represents revenue earned from the sale of

| goods.

| Revenue from provision of services rendered in the reporting period is recognised when the outcome

| of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and

| its stage of completion of the specific transaction at the end of the reporting period. The stage of

| completion is determined on the basis of the actual completion of a proportion of the total services to

| be rendered. When the outcome of a service contract cannot be estimated reliably the company only

| recognises revenue to the extent of the recoverable expenses recognised.

| VANTAGE COLLEGE LIMITED (REGISTERED NUMBER: 15072402) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1ST MAY 2024 TO 31ST JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| TANGIBLE FIXED ASSETS

| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Office equipment - 20% per annum on cost

| Long leasehold - 2% per annum on cost

| Fixtures and fittings - 20% per annum on cost

| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

| Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

| TAXATION

| Taxation for the period 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 period 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.

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

| VANTAGE COLLEGE LIMITED (REGISTERED NUMBER: 15072402) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1ST MAY 2024 TO 31ST JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| OPERATING LEASING COMMITMENTS

| Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease

| term, unless the rental payments are structured to increase in line with expected general inflation, in which

| case the group recognises annual rent expense equal to amounts owed to the lessor.

| The aggregate benefit of lease incentives are recognised as a reduction to the expense over the lease

| term on a straight line basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 4 (2024 - NIL ) .

4. | AUDITORS' REMUNERATION

| PERIOD | PERIOD

| 1.5.24 |  | 15.8.23

| TO |  | TO

| 31.1.25 |  | 30.4.24

£ | £ |

| Fees payable to the Company's auditors for the audit of the Company's financial statements | 2,000 |  | 2,000 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Long |  | and |  | Office |

| leasehold |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1st May 2024

| and 31st January 2025 | 13,500 |  | 28,238 |  | 220,716 |  | 262,454 |  |

| DEPRECIATION

| At 1st May 2024 | 90 |  | 1,883 |  | 14,714 |  | 16,687 |  |

| Charge for period | 203 |  | 4,236 |  | 33,107 |  | 37,546 |  |

| At 31st January 2025 | 293 |  | 6,119 |  | 47,821 |  | 54,233 |  |

| NET BOOK VALUE

| At 31st January 2025 | 13,207 |  | 22,119 |  | 172,895 |  | 208,221 |  |

| At 30th April 2024 | 13,410 |  | 26,355 |  | 206,002 |  | 245,767 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/1/25 |  | 30/4/24

£ | £ |

| Other debtors | 66,477 |  | 113,119 |  |

| VANTAGE COLLEGE LIMITED (REGISTERED NUMBER: 15072402) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1ST MAY 2024 TO 31ST JANUARY 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/1/25 |  | 30/4/24

£ | £ |

| Trade creditors | 291,622 |  | 296,022 |  |

| Taxation and social security | 2,658 |  | - |  |

| Other creditors | 1,112,228 |  | 481,990 |  |

1,406,508 |  | 778,012 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31/1/25 |  | 30/4/24

| value: | £ | £ |

| 10 | Ordinary shares | 10 | 10 |  | 10 |  |

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Nazir Malida FCCA (Senior Statutory Auditor)

| for and on behalf of Watergates Ltd (Statutory Auditor)

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At the year end the company owed the directors £675,800 (2024: £128,990)

| The balance is interest free and repayable on demand.

11. | RELATED PARTY DISCLOSURES

| Included within the financial statements were the following transactions and balances with entities under common control but not wholly owned:

| Expenses during the year: £0 (2024: £28,690)

| Balances owed to related parties: £712,144 (2024: £642,144)