Company registration number: 05294354
Unaudited financial statements
for the period ended 28 March 2025
for
Budding Learners Limited
Pages for filing with the Registrar
Company registration number: 05294354
Budding Learners Limited
Balance sheet
as at 28 March 2025
28 Mar 25 29 Mar 24
Note £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 2,445 3,341
2,445 3,341
Current assets
Debtors 58,680 8,679
Cash at bank and in hand 812,372 874,271
871,052 882,950
Creditors: amounts falling due within one
year 		(130,448) (108,671)
Net current assets 740,604 774,279
Total assets less current liabilities 743,049 777,620
Creditors: Amounts falling due after more
than one year 		6 (641,949) (14,785)
NET ASSETS 101,100 762,835
Capital and reserves
Called up share capital 102 102
Profit and loss account 100,998 762,733
TOTAL EQUITY 101,100 762,835
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 28 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 05294354
Budding Learners Limited
Balance sheet - continued
as at 28 March 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Ms N Jhunjhunwala, Director
27 December 2025
2
Budding Learners Limited
Notes to the financial statements
for the period ended 28 March 2025
1 Company information
Budding Learners Limited is a private company registered in England and Wales. Its registered number is 05294354. The company is limited by shares. Its registered office is 45, Whitchurch Gardens, Edgware, Middlesex, HA8 6PF.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill -
3
Budding Learners Limited
Notes to the financial statements - continued
for the period ended 28 March 2025
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Short leasehold property - 25% reducing balance
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the period the average number of employees was 33 (2024 - 33).
4 Intangible assets
Goodwill
£
Cost
At 30 March 2024 15,000
At 28 March 2025 15,000
Amortisation
At 30 March 2024 15,000
At 28 March 2025 15,000
4
Budding Learners Limited
Notes to the financial statements - continued
for the period ended 28 March 2025
4 Intangible assets - continued
Net book value
At 28 March 2025 -
At 29 March 2024 -
5 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 30 March 2024 32,991 126,333 159,324
At 28 March 2025 32,991 126,333 159,324
Depreciation
At 30 March 2024 32,912 123,071 155,983
Charge for period 20 876 896
At 28 March 2025 32,932 123,947 156,879
Net book value
At 28 March 2025 59 2,386 2,445
At 29 March 2024 79 3,262 3,341
6 Creditors: amounts falling due after more than five years
28 Mar 25 29 Mar 24
£ £
Repayable otherwise than by instalments
Amounts owed to group undertakings 641,949 -
5