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M:Tech Education Services Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05654088
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 936,903 1,005,227
Tangible Assets 5 98,312 122,631
1,035,215 1,127,858
CURRENT ASSETS
Stocks 2,499 1,116
Debtors 6 71,388 64,192
Cash at bank and in hand 2,923 26,883
76,810 92,191
Creditors: Amounts Falling Due Within One Year 7 (855,062 ) (934,523 )
NET CURRENT ASSETS (LIABILITIES) (778,252 ) (842,332 )
TOTAL ASSETS LESS CURRENT LIABILITIES 256,963 285,526
Creditors: Amounts Falling Due After More Than One Year 8 (112,903 ) (170,737 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (126,551 ) (122,083 )
NET ASSETS/(LIABILITIES) 17,509 (7,294 )
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 17,507 (7,296 )
SHAREHOLDERS' FUNDS 17,509 (7,294)
Page 1
Page 2
For the year ending 31 August 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
K O Abdullah
Director
26 May 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
M:Tech Education Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05654088 . The registered office is 2nd Floor, Guildford Institute, Ward Street, Guildford, Surrey, GU1 4LH.
The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
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.
Patents and licences are being amortised evenly over their estimated useful life of thirty years.
Computer software is being amortised evenly over its estimated useful life of ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 10% straight line
During the year ended 31 August 2025, the company revised is depreciation policy for fixtures and fittings from 20% on reducing balance, to 20% straight line. This change is to reflect the updated expected useful life of the assets. As a result of this change, the depreciation expense has increased by £2,246 in the current period. 
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees during the year was: 85 (2024: 89)
85 89
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost
As at 1 September 2024 1,000,000 414,813 1,414,813
Additions - 13,320 13,320
As at 31 August 2025 1,000,000 428,133 1,428,133
Amortisation
As at 1 September 2024 225,997 183,589 409,586
Provided during the period 38,831 42,813 81,644
As at 31 August 2025 264,828 226,402 491,230
Net Book Value
As at 31 August 2025 735,172 201,731 936,903
As at 1 September 2024 774,003 231,224 1,005,227
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Page 5
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2024 209,376 46,649 47,791 303,816
Additions 2,685 4,670 315 7,670
As at 31 August 2025 212,061 51,319 48,106 311,486
Depreciation
As at 1 September 2024 124,995 11,233 44,957 181,185
Provided during the period 21,201 10,264 524 31,989
As at 31 August 2025 146,196 21,497 45,481 213,174
Net Book Value
As at 31 August 2025 65,865 29,822 2,625 98,312
As at 1 September 2024 84,381 35,416 2,834 122,631
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 47,542 25,386
Other debtors 23,846 38,806
71,388 64,192
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 64,622 106,777
Bank loans and overdrafts 37,578 44,902
Other loans 31,502 25,036
Other creditors 575,089 581,407
Taxation and social security 146,271 176,401
855,062 934,523
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 16,667 54,245
Other creditors 96,236 116,492
112,903 170,737
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9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 41,667 66,667
10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 26,823 27,583
Later than one year and not later than five years 71,275 101,139
98,098 128,722
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mr Khaled Abdullah (9,515 ) 192,316 (181,190 ) - 1,610
Mr Christopher Pietrek (183,320 ) 137,657 (78,588 ) - (124,251 )
During the period, interest was charged on any overdrawn directors loan balance at HMRC's beneficial loan rates.
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