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REGISTERED NUMBER: SC246917 (Scotland)















Torridon Education Group Limited

Financial Statements For The Year Ended 31 March 2025






Torridon Education Group Limited (Registered number: SC246917)






Contents of the Financial Statements
For The Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Torridon Education Group Limited

Company Information
For The Year Ended 31 March 2025







DIRECTORS: Mrs S M Hayward
Mr P D Hayward
Miss L Hayward



SECRETARY: Mrs S M Hayward



REGISTERED OFFICE: 6 Queens Lane
Lossiemouth
Moray
IV31 6DR



REGISTERED NUMBER: SC246917 (Scotland)



ACCOUNTANTS: The Long Partnership
4 North Guildry Street
Elgin
Moray
IV30 1JR



BANKERS: Bank of Scotland
90 High Street
Elgin
Moray
IV30 1BJ

Torridon Education Group Limited (Registered number: SC246917)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,395 9,593
Tangible assets 5 18,082 36,225
24,477 45,818

CURRENT ASSETS
Debtors 6 69,422 158,672
Cash at bank 108,071 51,699
177,493 210,371
CREDITORS
Amounts falling due within one year 7 40,667 40,883
NET CURRENT ASSETS 136,826 169,488
TOTAL ASSETS LESS CURRENT
LIABILITIES

161,303

215,306

CREDITORS
Amounts falling due after more than one
year

8

(1,663

)

(11,667

)

PROVISIONS FOR LIABILITIES 9 (3,579 ) (4,975 )
NET ASSETS 156,061 198,664

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 11 155,061 197,664
156,061 198,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Torridon Education Group Limited (Registered number: SC246917)

Balance Sheet - continued
31 March 2025


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 30 June 2025 and were signed on its behalf by:





Miss L Hayward - Director


Torridon Education Group Limited (Registered number: SC246917)

Notes to the Financial Statements
For The Year Ended 31 March 2025

1. STATUTORY INFORMATION

Torridon Education Group Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

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 each asset over its estimated useful life.
Land and buildings - 10% on cost
Equipment - 33% on cost, 25% on reducing balance and 20% on reducing balance

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Torridon Education Group Limited (Registered number: SC246917)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2024 - 44 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 181,979
AMORTISATION
At 1 April 2024 172,386
Charge for year 3,198
At 31 March 2025 175,584
NET BOOK VALUE
At 31 March 2025 6,395
At 31 March 2024 9,593

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property Equipment fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 102,272 21,891 57,286 11,232 192,681
Additions - - 589 - 589
Disposals (31,821 ) (3,109 ) (29,480 ) (3,603 ) (68,013 )
At 31 March 2025 70,451 18,782 28,395 7,629 125,257
DEPRECIATION
At 1 April 2024 84,699 13,261 51,105 7,391 156,456
Charge for year 10,228 2,132 1,693 1,725 15,778
Eliminated on disposal (31,821 ) (2,377 ) (27,258 ) (3,603 ) (65,059 )
At 31 March 2025 63,106 13,016 25,540 5,513 107,175
NET BOOK VALUE
At 31 March 2025 7,345 5,766 2,855 2,116 18,082
At 31 March 2024 17,573 8,630 6,181 3,841 36,225

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 8,073 11,469
Other debtors 46,729 133,775
Tax 5,478 3,757
Prepayments 9,142 9,671
69,422 158,672

Torridon Education Group Limited (Registered number: SC246917)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 4,852 2,020
Tax 6,812 -
Social security and other taxes - 16,269
Sundry creditors 3,475 7,279
Directors' loan accounts 10,933 1,020
Accrued expenses 4,595 4,295
40,667 40,883

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 1-2 years 1,663 11,667

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 3,579 4,975

Deferred
tax
£   
Balance at 1 April 2024 4,975
Provided during year (1,396 )
Balance at 31 March 2025 3,579

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class: Nominal Value: 31.05.25 31.05.24
250 Ordinary 1 0 250
250 Ordinary A 1 334 250
250 Ordinary B 1 333 250
250 Ordinary C 1 333 250
1,000 1,000

Torridon Education Group Limited (Registered number: SC246917)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

11. RESERVES
Retained
earnings
£   

At 1 April 2024 197,664
Profit for the year 9,097
Dividends (51,700 )
At 31 March 2025 155,061

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £51,700 (2024 - £20,600) were paid to the directors .

As at 1 April 2024 one of the directors owed the company £1,020. During the year the director met expenditure amounting to £9,913 on behalf of the company. As at 31 March 2025 the company owed the director £10,933. This loan is interest free and has no fixed terms of repayment.

The company operates from premises owned by the directors and a market value rent of £35,000 was charged to the company during the year.

As at 1 April 2024 the company was owed £108,711 by SL Hayward Properties Ltd, a company under common control. During the year the SL Hayward Properties Ltd met expenditure amounting to £73,982 on behalf of the company. As at 31 March 2025 the company was owed £34,729 by SL Hayward Properties Ltd. This loan is interest free and has no fixed terms of repayment.