Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 15 2024-04-01 provision of training false 14 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05897006 2024-04-01 2025-03-31 05897006 2023-04-01 2024-03-31 05897006 2025-03-31 05897006 2024-03-31 05897006 1 2024-04-01 2025-03-31 05897006 d:Director1 2024-04-01 2025-03-31 05897006 d:Director2 2024-04-01 2025-03-31 05897006 c:PlantMachinery 2024-04-01 2025-03-31 05897006 c:MotorVehicles 2024-04-01 2025-03-31 05897006 c:MotorVehicles 2025-03-31 05897006 c:MotorVehicles 2024-03-31 05897006 c:MotorVehicles c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05897006 c:FurnitureFittings 2024-04-01 2025-03-31 05897006 c:FurnitureFittings 2025-03-31 05897006 c:FurnitureFittings 2024-03-31 05897006 c:FurnitureFittings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05897006 c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05897006 c:CurrentFinancialInstruments 2025-03-31 05897006 c:CurrentFinancialInstruments 2024-03-31 05897006 c:Non-currentFinancialInstruments 2025-03-31 05897006 c:Non-currentFinancialInstruments 2024-03-31 05897006 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 05897006 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 05897006 c:Non-currentFinancialInstruments c:AfterOneYear 2025-03-31 05897006 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 05897006 c:ShareCapital 2025-03-31 05897006 c:ShareCapital 2024-03-31 05897006 c:RetainedEarningsAccumulatedLosses 2025-03-31 05897006 c:RetainedEarningsAccumulatedLosses 2024-03-31 05897006 c:AcceleratedTaxDepreciationDeferredTax 2025-03-31 05897006 c:AcceleratedTaxDepreciationDeferredTax 2024-03-31 05897006 c:OtherDeferredTax 2025-03-31 05897006 c:OtherDeferredTax 2024-03-31 05897006 d:FRS102 2024-04-01 2025-03-31 05897006 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05897006 d:FullAccounts 2024-04-01 2025-03-31 05897006 d:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05897006 c:WithinOneYear 2025-03-31 05897006 c:WithinOneYear 2024-03-31 05897006 c:BetweenOneFiveYears 2025-03-31 05897006 c:BetweenOneFiveYears 2024-03-31 05897006 c:FurnitureFittings c:LeasedAssetsHeldAsLessee 2025-03-31 05897006 c:FurnitureFittings c:LeasedAssetsHeldAsLessee 2024-03-31 05897006 c:LeasedAssetsHeldAsLessee 2025-03-31 05897006 c:LeasedAssetsHeldAsLessee 2024-03-31 05897006 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 05897006 LEARNING & SKILLS SOLUTIONS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
LEARNING & SKILLS SOLUTIONS LIMITED REGISTERED NUMBER: 05897006 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 25,784 |  | 36,777
|  |  | 25,784 |  | 36,777
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 386,961 |  | 704,907 |
Cash at bank and in hand |  | 255,654 |  | 110,892 |
|  | 642,615 |  | 815,799 |
Creditors: amounts falling due within one year | 6 | (275,258) |  | (340,130) |
Net current assets |  |  | 367,357 |  | 475,669
Total assets less current liabilities |  |  | 393,141 |  | 512,446
Creditors: amounts falling due after more than one year | 7 |  | (17,787) |  | (87,362)
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (738) |  | (704) |
|  |  | (738) |  | (704)
Net assets |  |  | 374,616 |  | 424,380
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 374,516 |  | 424,280
|  |  | 374,616 |  | 424,380
Page 1
LEARNING & SKILLS SOLUTIONS LIMITED REGISTERED NUMBER: 05897006 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 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:
................................................ Mr A M Bouckley | ................................................ Mrs S E Bouckley
Director | Director
Date: 9 October 2025 | Date:9 October 2025
The notes on pages 3 to 11 form part of these financial statements. Page 2
LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Learning & Skills Solutions Limited is a private company limited by shares and is registered and incorporated in England and Wales. The registered office is 1 St Peters Court, Middleborough, Colchester, Essex, CO1 1WD. 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 financial statements have been prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 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.
| 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.
| 2.4 | Leased assets: the Company as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.5 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. 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. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
| 2.8 | 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. Page 4
LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | Tangible fixed assets (continued)
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:
|  |  |  | Equipment | - | 25% | on cost
|  |  |  | Motor vehicles | - | 20% | on cost
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.
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | 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.
| 2.12 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.13 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Page 5
LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.13 | Financial instruments (continued)
Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Impairment of financial assets At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Page 6
LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.13 | Financial instruments (continued)
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
| 2.14 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
The average monthly number of employees, including directors, during the year was 14 (2024 - 15). Page 7
LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2024 | 22,216 | 235,869 | 258,085
| Additions | - | 2,149 | 2,149
| Disposals | (22,216) | - | (22,216)
| At 31 March 2025 | - | 238,018 | 238,018
| Depreciation |  |  |
| At 1 April 2024 | 22,216 | 199,092 | 221,308
| Charged in the year | - | 13,142 | 13,142
| Disposals | (22,216) | - | (22,216)
| At 31 March 2025 | - | 212,234 | 212,234
| Net book value |  |  |
| At 31 March 2025 | - | 25,784 | 25,784
| At 31 March 2024 | - | 36,777 | 36,777
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LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4.Tangible fixed assets (continued)
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fixtures and fittings | 22,233 | 33,350
|  | 22,233 | 33,350
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 200,200 | 288,590
| Other debtors | 178,678 | 410,611
| Prepayments and accrued income | 8,083 | 5,706
|  | 386,961 | 704,907
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 13,566 | 77,688
| Corporation tax | 164,907 | 158,842
| Other taxation and social security | 7,332 | 7,527
| Other creditors | 89,453 | 96,073
|  | 275,258 | 340,130
| Loans of £60,682 (2024: £66,414) included within other creditors, are supported by the Coronavirus Business Interruption Scheme. Net obligations under finance lease and hire purchase contracts of £8,893 (2024: £8,893) are included in other creditors and are secured by fixed charges over the asset concerned.
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LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 17,787 | 87,362
|  | 17,787 | 87,362
| Loans of £Nil (2024: £60,682) included within other creditors are supported by the Coronavirus Business Interruption Scheme. Net obligations under finance lease and hire purchase contracts of £17,787 (2024: £26,680) are included in other creditors and are secured by fixed charges over the asset concerned.
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 704
| Charged to profit or loss | 34
| At end of year | 738
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 888 | 857
| Short term timing differences | (150) | (153)
|  | 738 | 704
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LEARNING & SKILLS SOLUTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Commitments under operating leases
| At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 44,967 | 44,144
| Later than 1 year and not later than 5 years | - | 19,962
|  | 44,967 | 64,106
10. | Directors' transactions
| At the year end £98,268 (2024: £349,200) was due from the directors. This amount is interest free and repayable on demand and is included within other debtors.
11. | Post balance sheet events
On 10 April 2025 a dividend totalling £90,000 was declared. On 18 September 2025 a dividend totalling £10,000 was declared.
12. | Contingent asset
The company was a prime supplier to Further Education Colleges for Traineeship programs and remains in dispute with a College in respect of Traineeships under the 2019/2020 ESFA Adult Education Budget Contract. The company considers that the College has failed to pay appropriate support payments to them, as a supplier of Traineeships, when the College had an obligation to maintain its subcontractors during the COVID-19 period. Based on the information provided by the College following a Freedom of Information request in 2022, the amount of the claim in respect of 2019/2020 totals £1,230,624.
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