Learning Circle Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04532902

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		148		45
Investments	5		128,633		115,497

			128,781		115,542
CURRENT ASSETS
Debtors	6	-		20,210
Cash at bank and in hand		58,212		100,614

		58,212		120,824
Creditors: Amounts Falling Due Within One Year	7	(8,491 )		(46,659 )

NET CURRENT ASSETS (LIABILITIES)			49,721		74,165

TOTAL ASSETS LESS CURRENT LIABILITIES			178,502		189,707

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(11,765 )		(9,300 )

NET ASSETS			166,737		180,407

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve			50,144		39,473
Profit and Loss Account			116,493		140,834

SHAREHOLDERS' FUNDS			166,737		180,407

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Learning Circle Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Victoria De Naeyer

Director

09/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Learning Circle Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04532902 . The registered office is 9 Witchford, Welwyn Garden City, Hertfordshire, AL7 2PR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	50% on cost

2.5. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.6. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.7. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

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Learning Circle Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 3)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 October 2024	599	3,318	3,917
Additions	128	-	128

As at 30 September 2025	727	3,318	4,045

Depreciation
As at 1 October 2024	558	3,314	3,872
Provided during the period	25	-	25

As at 30 September 2025	583	3,314	3,897

Net Book Value
As at 30 September 2025	144	4	148

As at 1 October 2024	41	4	45

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 October 2024	115,497
Revaluations	13,136

As at 30 September 2025	128,633

Provision
As at 1 October 2024	-

As at 30 September 2025	-

Net Book Value
As at 30 September 2025	128,633

As at 1 October 2024	115,497

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	20,210

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Learning Circle Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	704	81
Other creditors	1,268	6,495
Taxation and social security	6,519	40,083

	8,491	46,659

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	11,765	9,300

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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