ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 13692113

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	BLAZING STARS EDUCATION LIMITED


BLAZING STARS EDUCATION LIMITED

COMPANY INFORMATION

Directors	A L Foglio (appointed 8 July 2024)
	C A Sammonds (appointed 8 July 2024)
	L Simmons (appointed 8 July 2024)
	I Oatley (resigned 1 September 2024)


Registered number	13692113


Registered office	Hobart House 3 Oakwater Avenue
	Cheadle Royal Business Park
	Cheadle
	SK8 3SR


Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


BLAZING STARS EDUCATION LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


BLAZING STARS EDUCATION LIMITED REGISTERED NUMBER:13692113

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Tangible assets	4		432,255		-
			432,255		-
Current assets
Debtors: amounts falling due within one year	5	163,364		100
Cash at bank and in hand		188,638		-
		352,002		100
Creditors: amounts falling due within one year	6	(631,557)		-
Net current (liabilities)/assets			(279,555)		100
Total assets less current liabilities			152,700		100

Net assets			152,700		100

Capital and reserves
Called up share capital	100	100
Profit and loss account	152,600	-
	152,700	100

Page 1


BLAZING STARS EDUCATION LIMITED REGISTERED NUMBER:13692113

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 statement of income and retained earnings 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 by:

C A Sammonds

Director

Date: 30 September 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


BLAZING STARS EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Blazing Stars Education Limited is a private company, limited by shares, registered in England and Wales, registration number 13692113. The address of the registered office is Hobart House 3 Oakwater Avenue, Cheadle Royal Business Park, Cheadle, England, SK8 3SR.

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 following principal accounting policies have been applied:

2.2

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:
Fee income
Fees are raised termly (or for the remainder of the term if a pupil joins mid-way through the term) and are calculated based on the number of weeks in that term (based on a 39 week year). Fee income is invoiced no more than 6 weeks before the start of term to Local Authorities or as soon as the admission date is confirmed if a pupil joins mid-way through the term. Where purchase orders are raised by the Local Authority, then this number is quoted on the invoice.
Income is deferred and released in the period to which it relates. If a placement is terminated mid-term, a credit note will be raised for any weeks after the termination date or notice period expiry.

2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3


BLAZING STARS EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property	-
Motor vehicles	-	over 3 years
Fixtures and fittings	-	over 3 years
Office equipment	-	over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

3.	Employees
		2024	2023
		£	£

Wages and salaries	759,386	-
	759,386	-

The average monthly number of Directors and employees remunerated through the payroll during the year was as follows:

	2024	2023
	No.	No.

Directors	1	-
Employees	43	-

	44	0

Page 4


BLAZING STARS EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	Tangible fixed assets

	Short-term leasehold property	Motor vehicles	Fixtures and fittings	Office equipment	Total
	£	£	£	£	£
Cost or valuation
Additions	249,838	39,011	83,299	73,421	445,569
At 31 December 2024	249,838	39,011	83,299	73,421	445,569
Depreciation
Charge for the year	1,670	2,145	4,827	4,672	13,314
At 31 December 2024	1,670	2,145	4,827	4,672	13,314
Net book value
At 31 December 2024	248,168	36,866	78,472	68,749	432,255
At 31 December 2023	-	-	-	-	-

Debtors

					2024	2023
					£	£


Trade debtors	55,220	-
Other debtors	11,757	-
Called up share capital not paid	100	100
Prepayments and accrued income	96,287	-
	163,364	100

Page 5


BLAZING STARS EDUCATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Bank loans	418,495	-
Trade creditors	48,215	-
Corporation tax	55,000	-
Other taxation and social security	43,933	-
Other creditors	38,023	-
Accruals and deferred income	27,891	-
	631,557	-

Not later than 1 year	121,200	-
Later than 1 year and not later than 5 years	484,800	-
Later than 5 years	468,439	-
	1,074,439	-

Page 6