ACCOUNTS - Final Accounts preparation

Registered number: 14051623

PETE TONG DJ ACADEMY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

PETE TONG DJ ACADEMY LIMITED

REGISTERED NUMBER: 14051623

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	123,083		147,626
Cash at bank and in hand	5	147,940		50,564
		271,023		198,190
Creditors: amounts falling due within one year	6	(292,452)		(685,543)
Net current liabilities			(21,429)		(487,353)
Total assets less current liabilities			(21,429)		(487,353)

Net liabilities			(21,429)		(487,353)

Capital and reserves
Called up share capital	80	80
Profit and loss account	(21,509)	(487,433)
	(21,429)	(487,353)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 September 2026.

Mr A Tripi

Director

The notes on pages 3 to 5 form part of these financial statements.

Page 1

PETE TONG DJ ACADEMY LIMITED

REGISTERED NUMBER: 14051623

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

Page 2

PETE TONG DJ ACADEMY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Pete Tong DJ Academy Limited is a private company limited by share capital, incorporated in England and Wales, registration number 14051623. The address of the registered office is 50 Liverpool Street, London, EC2M 7PY.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

At the balance sheet date, the company's liabilities exceeded it's assets. The shareholders have given assurances that they will continue to give financial support to the company for a period of at least twelve months from the date of signing of these financial statements. On this basis, the directors have considered it appropriate to prepare the financial statements 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 financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The financial statements do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not contine to be appropriate.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

PETE TONG DJ ACADEMY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.5

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.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

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

2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Debtors

Page 4

PETE TONG DJ ACADEMY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

					2025	2024
					£	£


Trade debtors	34,091	16,541
Called up share capital not paid	80	80
Prepayments and accrued income	88,912	131,005
	123,083	147,626

5.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	147,940	50,564
	147,940	50,564

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	23,844	5,541
Other taxation and social security	19,589	7,986
Other creditors	2,718	-
Accruals and deferred income	246,301	672,016
	292,452	685,543

Page 5