REGISTERED NUMBER: 03582315 (England and Wales)

M.I.T. Publishing Limited

Unaudited Financial Statements

for the Period 1 January 2026 to 31 March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D M Rose

Mrs J C McCauley

A S Morley

D Tudor

REGISTERED OFFICE:

The Packhouse

Broadwater Farm

Broadwater Road

West Malling

Kent

ME19 6HT

REGISTERED NUMBER:

03582315 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

12,847

18,311

12,847

18,311

CURRENT ASSETS

Debtors

6

106,516

165,917

Cash at bank and in hand

196,930

171,767

303,446

337,684

CREDITORS

Amounts falling due within one year

7

130,514

165,761

NET CURRENT ASSETS

172,932

171,923

TOTAL ASSETS LESS CURRENT LIABILITIES

185,779

190,234

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

184,779

189,234

SHAREHOLDERS' FUNDS

185,779

190,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 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 24 July 2026 and were signed on its behalf by:

D M Rose - Director

1.	STATUTORY INFORMATION

M.I.T. Publishing 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.

Income recognition

Income is recognised as turnover when sales invoices are rendered to customers. Turnover represents net invoiced sales of services, excluding value added tax.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost, 25% on reducing balance and Straight line over 5 years

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 period was 12 (2025 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2026

and 31 March 2026

30,000

AMORTISATION

At 1 January 2026

and 31 March 2026

30,000

NET BOOK VALUE

At 31 March 2026

-

At 31 December 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2026

216,717

Additions

571

Disposals

(68,194

)

At 31 March 2026

149,094

DEPRECIATION

At 1 January 2026

194,792

Charge for period

4,315

Eliminated on disposal

(62,860

)

At 31 March 2026

136,247

NET BOOK VALUE

At 31 March 2026

12,847

At 31 December 2025

21,925

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

98,294

157,947

Other debtors

8,222

7,970

106,516

165,917

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

65,833

49,808

Taxation and social security

50,539

60,050

Other creditors

14,142

55,903

130,514

165,761

8.	FIRST YEAR ADOPTION

It is the first year that the company has presented its financial statements under Financial Reporting Standard 102. The last financial statements prepared under previous UK GAAP were for the year ended 31 December 2015 and the date of transition to FRS 102 was therefore 1 January 2015.

As a consequence of adopting FRS 102, a number of accounting policies have changed to comply with those standards.

OR

As a consequence of adopting FRS 102, none of the accounting policies have changed to comply with those standards.

The accounting policies applied under the company's previous accounting framework are not materially different to FRS 102 and have not impacted on the income statement or the statement of financial position.

OR

The impact of the accounting policies applied under the company's previous accounting framework that are materially different to FRS 102 has been disclosed in the reconciliation of equity and reconciliation of profit and loss statements.

OR

As a consequence of adopting FRS 102, a number of accounting policies have changed to comply with those standards. The impact of the accounting policies applied under the company's previous accounting framework that are materially different to FRS 102 has been disclosed in the reconciliation of equity and reconciliation of profit and loss statements.

OR

As a consequence of adopting FRS 102, the deferred tax accounting policy has changed to comply with those standards. This change has been retrospectively applied, leading to the recognition of additional deferred tax liabilities of £x,xxx at the date of transition and to increase the deferred tax charge for the current year by £x,xxx.

A revaluation surplus of £100,000 had been recognised in a revaluation reserve in the 2016 accounts prepared under UK GAAP. FRS 102 requires this surplus to be included in arriving at the profit before tax for the year and describes it as a fair value adjustment. The profit and loss account for 2016 has been restated by £80,000 to include the fair value adjustment of £100,000 less deferred tax of £20,000.

DORMANT COS

The company has remained dormant, and as a consequence of adopting FRS 102, there have been no changes required to the financial statements in order to comply with those standards.