City Training Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of City Training Limited for the year ended 31 December 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of City Training Limited which comprise the Profit and Loss Account, the 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 of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made to the directors of City Training Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of City Training Limited and state those matters that we have agreed to state to the directors of City Training Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than City Training Limited and its directors as a body for our work or for this report.

It is your duty to ensure that City Training Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of City Training Limited . You consider that City Training Limited 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 accounts of City Training Limited . 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 financial statements.

1 June 2026

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House, 303 Ballards Lane

London

N12 8NP

Page 1

Page 2

City Training Limited

Balance Sheet

As At 31 December 2025

Balance Sheet

Registered number: 03734888

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,084		1,472

			2,084		1,472
CURRENT ASSETS
Debtors	5	47,635		45,002
Cash at bank and in hand		1,153		1,596

		48,788		46,598
Creditors: Amounts Falling Due Within One Year	6	(97,930 )		(86,862 )

NET CURRENT ASSETS (LIABILITIES)			(49,142 )		(40,264 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(47,058 )		(38,792 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(368 )		(368 )

NET LIABILITIES			(47,426 )		(39,160 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(47,427 )		(39,161 )

SHAREHOLDERS' FUNDS			(47,426)		(39,160)

Page 2

Page 3

City Training Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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

N Parekh

Director

8 June 2026

The notes on pages 4 to 6 form part of these financial statements.

Page 3

Page 4

City Training Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

City Training Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03734888 . The registered office is 19 The Ridgeway, Finchley, London, N3 2PG.

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. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off the cost less estimated

residual value of each asset over its estimated useful life.

Computer Equipment

15% on reducing balance

2.3. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

Page 4

Page 5

City Training Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.4. Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the shareholders that they will continue to give financial support to the company for twelve months from the date of signing these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to the their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	3,707
Additions	980

As at 31 December 2025	4,687

Depreciation
As at 1 January 2025	2,235
Provided during the period	368

As at 31 December 2025	2,603

Net Book Value
As at 31 December 2025	2,084

As at 1 January 2025	1,472

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	29,953	29,953
Other debtors	17,682	15,049

	47,635	45,002

Page 5

Page 6

City Training Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1	1
Other creditors	97,929	86,861

	97,930	86,862

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

8. Related Party Transactions

Included in debtors is an amount owed by City Plc of £29,953 (2024 £29,953). In addition the company also owed £96,929 (2024: £85,861) to its directors, this is included in creditors, note 6.

Page 6