REGISTERED NUMBER: 12486438 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2024 to 31 March 2025

for

SPRINGBOARD EDUCATION AND CARE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTOR:

Mr R Byng

REGISTERED OFFICE:

1st Floor

Victoria House

Hedge End

Southampton

Hampshire

SO30 4AB

REGISTERED NUMBER:

12486438 (England and Wales)

ACCOUNTANTS:

Maven Accountants Limited

PO Box 1882

Southampton

Hampshire

SO15 9JZ

FIXED ASSETS

Tangible assets

4

951,602

982,595

CURRENT ASSETS

Debtors

5

189,067

117,375

Cash at bank

313,936

34,292

503,003

151,667

CREDITORS

Amounts falling due within one year

6

905,739

799,247

NET CURRENT LIABILITIES

(402,736

)

(647,580

)

TOTAL ASSETS LESS CURRENT LIABILITIES

548,866

335,015

CREDITORS

Amounts falling due after more than one year

7

(37,639

)

(36,204

)

PROVISIONS FOR LIABILITIES

(2,409

)

(8,902

)

NET ASSETS

508,818

289,909

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

508,618

289,709

SHAREHOLDERS' FUNDS

508,818

289,909

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period 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 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 Sections 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.

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 director and authorised for issue on 9 December 2025 and were signed by:

Mr R Byng - Director

1.	STATUTORY INFORMATION

Springboard Education And Care Ltd 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 page 1.

The presentation currency of the financial statements is the Pound Sterling (£).

The Directors decided to extend the accounting period from 28 February 2025 to 31 March

2025.

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.

The company does not depreciate its freehold property. This is contrary to FRS 102 Section 1a, which requires entities depreciate assets over its useful economics life.

The reason for the departure from the standard is because the company maintains it's freehold property to a very high standard. Therefore, the Director believes the residual value of the property is equal to its cost and, therefore to depreciate the property would give a misleading view to readers of the financial statement.

On this basis, the Director considers to give a true and fair view the company should not depreciate the asset class know as freehold property.

The financial impact of this, is a depreciation charge of £17,850 per annum, which has not been charged in these financial statements.

Except for the departure detailed above, management conclude the following:

(a) that the financial statements give a true and fair view of the entity's financial position, financial performance and, when required to be presented, cash flows;

(b) that it has complied with this FRS or applicable legislation, except that it has departed from a particular requirement of this FRS or applicable legislation to the extent necessary to give a true and fair view

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 20% on reducing balance

Taxation

Taxation for the period comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The financial statements have been prepared on a going concern basis which assumes the company will continue in operational existence for the foreseeable future. In making this assessment, the director has reviewed the balance sheet, the likely future cash flows of the business and has considered the facilities that are available to the company along with his continued support.

At the date of approving the financial statements the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and that the going concern basis of the accounting remains appropriate. The director continues to adopt the going concern basis of the accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 33 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2024

892,512

129,294

1,021,806

Disposals

-

(12,610

)

(12,610

)

At 31 March 2025

892,512

116,684

1,009,196

DEPRECIATION

At 1 March 2024

-

39,211

39,211

Charge for period

-

26,606

26,606

Eliminated on disposal

-

(8,223

)

(8,223

)

At 31 March 2025

-

57,594

57,594

NET BOOK VALUE

At 31 March 2025

892,512

59,090

951,602

At 29 February 2024

892,512

90,083

982,595

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 March 2024

and 31 March 2025

46,191

DEPRECIATION

At 1 March 2024

2,183

Charge for period

11,919

At 31 March 2025

14,102

NET BOOK VALUE

At 31 March 2025

32,089

At 29 February 2024

44,008

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

29.2.24

£

£

Trade debtors

182,919

116,932

Other debtors

6,148

443

189,067

117,375

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

29.2.24

£

£

Hire purchase contracts (see note 8)

9,394

5,342

Trade creditors

17,241

33,732

Taxation and social security

126,522

73,691

Other creditors

752,582

686,482

905,739

799,247

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

29.2.24

£

£

Hire purchase contracts (see note 8)

37,639

36,204

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.25

29.2.24

£

£

Net obligations repayable:

Within one year

9,394

5,342

Between one and five years

37,639

36,204

47,033

41,546

Non-cancellable

operating leases

31.3.25

29.2.24

£

£

Within one year

4,493

5,343

Between one and five years

5,242

36,204

9,735

41,547

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 29 February 2024:

31.3.25

29.2.24

£

£

Mr R Byng

Balance outstanding at start of period

8,409

4,705

Amounts advanced

107,621

(15

)

Amounts repaid

(72,410

)

3,719

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

43,620

8,409

10.	RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due within one year is an amount owed to a shareholder of the company of £692,243 (2024 - £660,243).

All amounts owed to the shareholder are repayable on demand. Interest was charged at £40,000

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Springboard Education And Care Ltd for the period ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Springboard Education And Care Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Springboard Education And Care Ltd and state those matters that we have agreed to state to the director of Springboard Education And Care Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Springboard Education And Care Ltd and its director for our work or for this report.

It is your duty to ensure that Springboard Education And Care Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Springboard Education And Care Ltd. You consider that Springboard Education And Care Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Springboard Education And Care Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Maven Accountants Limited

PO Box 1882

Southampton

Hampshire

SO15 9JZ

9 December 2025