| Education Finance Solutions Limited |
| Registered Number:08435777 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Education Finance Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Education Finance Solutions Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
11,192
13,137
2
11,192
13,137
| Trade and other receivables |
216,945
253,550
3
339,595
| Cash and cash equivalents |
348,833
602,383
556,540
| Trade and other payables: amounts falling due within one |
| year |
(298,529)
(355,671)
4
258,011
246,712
Net current assets
| Total assets less current liabilities |
257,904
271,148
(2,798)
(3,284)
| Provisions for liabilities |
255,106
Net assets
267,864
400
400
254,706
267,464
255,106
267,864
Shareholders' funds
| For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 07 October 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 3
For the year ended 31 March 2025
Education Finance Solutions Limited
Notes to the Financial Statements
Statutory Information
| Education Finance Solutions Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 08435777. |
The Oast Emr Centre
New Road
East Malling
Kent
ME19 6BJ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Other Equipment
Computer Equipment
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
2 of 3
For the year ended 31 March 2025
Education Finance Solutions Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
64,651
51,719
12,932
11,399
11,399
-
12,932
63,118
76,050
| Provision for depreciation and impairment |
51,514
41,605
9,909
Charge for year
13,344
10,464
2,880
64,858
52,069
12,789
143
11,049
11,192
3,023
10,114
13,137
| 3. Trade and other receivables |
2024
2025
189,896
177,643
63,654
39,302
216,945
253,550
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
16,527
16,893
| Taxation and social security |
174,471
136,480
164,673
145,156
355,671
298,529
| 5. Average number of persons employed |
During the year the average number of employees was 29 (2024 : 29)
3 of 3