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REGISTERED NUMBER: 04089209 (England and Wales)

| PEEP LEARNING LIMITED |

| AUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

PEEP LEARNING LIMITED (REGISTERED NUMBER: 04089209)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

PEEP LEARNING LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | M R H J O'Regan

| S L Smith

| SECRETARY: | J C Sly

| REGISTERED OFFICE: | The Peeple Centre

| Littlemore

| Oxford

| OX4 6JZ

| REGISTERED NUMBER: | 04089209 (England and Wales)

| AUDITORS: | Mercer Lewin Ltd

| Chartered Accountants and Registered Auditors

| 6-7 Citibase

| New Barclay House

| 234 Botley Road

| Oxford

| OX2 0HP

PEEP LEARNING LIMITED (REGISTERED NUMBER: 04089209)

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 5 | 17,822 |  | 9,044 |  |

Tangible assets | 6 | 12,598 |  | 4,021 |  |

30,420 |  | 13,065 |  |

CURRENT ASSETS

Stocks | 8,507 |  | 3,722 |  |

Debtors | 7 | 229,897 |  | 311,713 |  |

Cash at bank and in hand | 137,590 |  | 271,830 |  |

375,994 |  | 587,265 |  |

CREDITORS

Amounts falling due within one year | 8 | 283,682 |  | 488,163 |  |

NET CURRENT ASSETS | 92,312 |  | 99,102 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 122,732 |  | 112,167 |  |

CREDITORS

Amounts falling due after more than one year | 9 | 25,000 |  | 30,641 |  |

NET ASSETS | 97,732 |  | 81,526 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 97,730 |  | 81,524 |  |

97,732 |  | 81,526 |  |

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 16 October 2025 and were signed on its behalf by:

S L Smith - Director

PEEP LEARNING LIMITED (REGISTERED NUMBER: 04089209)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Peep Learning Limited is a private company, limited by shares , registered in England and Wales. 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.

| SIGNIFICANT JUDGEMENTS AND ESTIMATES

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| There are no judgements that are deemed to have had a significant effect on amounts recognised in the financial statements.

| TURNOVER

| Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

| 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.

| Website development and content creation costs are being amortised evenly over their estimated useful life of three years.

| TANGIBLE FIXED ASSETS

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 33% on cost

| Computer equipment | - | 33% on cost

| Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

| An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

PEEP LEARNING LIMITED (REGISTERED NUMBER: 04089209)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| STOCKS

| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.Provision is made for stock which is considered slow moving on an item by item basis.

| TAXATION

| Taxation for the year comprises current 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 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.

| IMPAIRMENT OF FIXED ASSETS

| A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

| For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

| FINANCIAL INSTRUMENTS

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 5 ) .

4. | AUDITORS' REMUNERATION

| 2025 |  | 2024

£ | £ |

| Fees payable to the company's auditors for the audit of the company's financial statements | 3,700 |  | 3,603 |  |

PEEP LEARNING LIMITED (REGISTERED NUMBER: 04089209)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 April 2024 | 9,044 |  |

| Additions | 12,367 |  |

| At 31 March 2025 | 21,411 |  |

| AMORTISATION

| Charge for year | 3,589 |  |

| At 31 March 2025 | 3,589 |  |

| NET BOOK VALUE

| At 31 March 2025 | 17,822 |  |

| At 31 March 2024 | 9,044 |  |

6. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 61,606 |  | 25,793 |  | 87,399 |  |

| Additions | - |  | 13,787 |  | 13,787 |  |

| At 31 March 2025 | 61,606 |  | 39,580 |  | 101,186 |  |

| DEPRECIATION

| At 1 April 2024 | 61,606 |  | 21,772 |  | 83,378 |  |

| Charge for year | - |  | 5,210 |  | 5,210 |  |

| At 31 March 2025 | 61,606 |  | 26,982 |  | 88,588 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | 12,598 |  | 12,598 |  |

| At 31 March 2024 | - |  | 4,021 |  | 4,021 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 189,760 |  | 247,580 |  |

| Amounts owed by group undertakings | 24,037 |  | 42,157 |  |

| Other debtors | 16,100 |  | 21,976 |  |

229,897 |  | 311,713 |  |

PEEP LEARNING LIMITED (REGISTERED NUMBER: 04089209)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 12,121 |  | 27,725 |  |

| Taxation and social security | 44,928 |  | 92,509 |  |

| Other creditors | 226,633 |  | 367,929 |  |

283,682 |  | 488,163 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 25,000 |  | 30,641 |  |

10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Jonathan Swayne (Senior Statutory Auditor)

| for and on behalf of Mercer Lewin Ltd

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party (owning 100% of the company's shares) is Peeple, a private company limited by guarantee and also a registered charity. The registered address of Peeple is The Peeple Centre, Littlemore, Oxford, OX4 6JZ.