Company No: 06025192 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	C M Clark
	C M Clark
	D M Clark

Secretary

G Clark

Registered office	70 Edburton Avenue
	Brighton
	BN1 6EL
	United Kingdom

Company number

06025192 (England and Wales)

Accountant	Kreston Reeves LLP
	Projects Nile House
	Nile Street
	Brighton
	BN1 1HW

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Plan B Learning Limited for the financial year ended 31 March 2025 which comprise the Balance Sheet and the related notes 1 to 9 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 at www.icaew.com/regulation.

It is your duty to ensure that Plan B Learning Limited 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 Plan B Learning Limited. You consider that Plan B Learning Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Plan B Learning Limited. 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.

This report is made solely to the Board of Directors of Plan B Learning Limited, as a body, in accordance with the terms of our engagement letter dated 13 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Plan B Learning Limited and state those matters that we have agreed to state to the Board of Directors of Plan B Learning Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Plan B Learning Limited and its Board of Directors as a body for our work or for this report.

Kreston Reeves LLP

Projects Nile House
Nile Street
Brighton
BN1 1HW

24 December 2025

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	14,102		17,693
		14,102		17,693
Current assets
Debtors	4	1,144		1,985
Cash at bank and in hand	5	232,553		256,755
		233,697		258,740
Creditors: amounts falling due within one year	6	( 89,154)		( 86,455)
Net current assets		144,543		172,285
Total assets less current liabilities		158,645		189,978
Provision for liabilities	7	( 2,680)		( 3,362)
Net assets		155,965		186,616
Capital and reserves
Called-up share capital	8	4		4
Profit and loss account		155,961		186,612
Total shareholders' funds		155,965		186,616

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Plan B Learning Limited (registered number: 06025192) were approved and authorised for issue by the Board of Directors on 23 December 2025. They were signed on its behalf by:

D M Clark Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Plan B Learning Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 70 Edburton Avenue, Brighton, BN1 6EL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The accounts are prepared on a going concern basis.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Comprehensive Income in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Plant and machinery		Computer equipment		Total
	£		£		£
Cost
At 01 April 2024	39,069		5,843		44,912
Additions	0		999		999
At 31 March 2025	39,069		6,842		45,911
Accumulated depreciation
At 01 April 2024	22,599		4,620		27,219
Charge for the financial year	4,118		472		4,590
At 31 March 2025	26,717		5,092		31,809
Net book value
At 31 March 2025	12,352		1,750		14,102
At 31 March 2024	16,470		1,223		17,693

4. Debtors

	2025		2024
	£		£
Trade debtors	195		0
Other debtors	949		1,985
	1,144		1,985

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	232,553		256,755

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Taxation and social security	2,273		8,310
Other creditors	86,881		78,145
	89,154		86,455

7. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 3,362)		0
Credited/(charged) to the Profit and Loss Account	682		( 3,362)
At the end of financial year	( 2,680)		( 3,362)

The deferred taxation balance is made up as follows:

	2025		2024
	£		£
Accelerated capital allowances	( 2,680)		( 3,362)

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1 A Ordinary share of £ 1.00 (2024: nil shares)	1		0
1 B Ordinary share of £ 1.00 (2024: nil shares)	1		0
1 C Ordinary share of £ 1.00 (2024: nil shares)	1		0
1 D Ordinary share of £ 1.00 (2024: nil shares)	1		0
Nil Ordinary shares (2024: 4 shares of £ 1.00 each)	0		4
	4		4

During the financial year, the company reclassified its ordinary share capital into A, B ,C and D ordinary shares.

9. Related party transactions

**Donald Clark**
(Director)
During the year the director provided the company with a loan. At the balance sheet date the amount due to the director was £24,726 (2024: £17,582). The director paid expenses on behalf of the company amounting to £3,661 (2024: £23,610)

**Carl Clark**
(Director)
During the year the director provided the company with a loan. At the balance sheet date the amount due to the director was £1,248 (2024: -£210). The director paid expenses on behalf of the company amounting to £1,248 (2024: £1,790)

**Callum Clark**
(Director)
During the year the director provided the company with a loan. At the balance sheet date the amount due to the director was £245 (2024: -£1,775). The director paid expenses on behalf of the company amounting to £245 (2024: £225)