Company No: 13165415 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Dr S G Desson
	Mr O A Desson (Appointed 16 July 2025)

REGISTERED OFFICE	550 Thames Valley Park Drive
	Reading
	RG6 1PT
	United Kingdom

COMPANY NUMBER

13165415 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	264 Banbury Road
	Oxford
	OX2 7DY
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	4	1,035,367		1,436,177
		1,035,367		1,436,177
Current assets
Debtors	5	121		92
Investments	6	1,503,509		1,511,384
Cash at bank and in hand		100,787		9,877
		1,604,417		1,521,353
Creditors: amounts falling due within one year	7	( 1,039,505)		( 1,264,130)
Net current assets		564,912		257,223
Total assets less current liabilities		1,600,279		1,693,400
Net assets		1,600,279		1,693,400
Capital and reserves
Called-up share capital	8	1,157,092		1,157,092
Profit and loss account		443,187		536,308
Total shareholders' funds		1,600,279		1,693,400

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 Profit and Loss Account has not been delivered.

The financial statements of Lumina Learning Group Ltd (registered number: 13165415) were approved and authorised for issue by the Board of Directors on 28 December 2025. They were signed on its behalf by:

Dr S G Desson 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

Lumina Learning Group Ltd 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 550 Thames Valley Park Drive, Reading, RG6 1PT, 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 £.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

5 years straight line

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies above.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	1		1

4. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 April 2024	2,004,049		2,004,049
At 31 March 2025	2,004,049		2,004,049
Accumulated amortisation
At 01 April 2024	567,872		567,872
Charge for the financial year	400,810		400,810
At 31 March 2025	968,682		968,682
Net book value
At 31 March 2025	1,035,367		1,035,367
At 31 March 2024	1,436,177		1,436,177

5. Debtors

	2025		2024
	£		£
Corporation tax	29		0
Other debtors	92		92
	121		92

6. Current asset investments

	2025		2024
	£		£
Other investments – at cost less impairment	1,503,509		1,511,384

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to Group undertakings	898		898
Amounts owed to own subsidiaries	22,567		9,844
Amounts owed to directors	411,000		517,500
Accruals	91,040		98,010
Other creditors	514,000		637,878
	1,039,505		1,264,130

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,157,089 A ordinary shares of £ 1.00 each	1,157,089		1,157,089
1 B preference share of £ 1.00	1		1
1 C preference share of £ 1.00	1		1
1 D preference share of £ 1.00	1		1
	3		3
	1,157,092		1,157,092

9. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Balance loaned from Director to the Company	411,000		517,500

The loan has an interest rate of base rate plus 2% per annum. The loan is repayable on demand and included within creditors amounts falling due within one year.

Other related party transactions

	2025		2024
	£		£
Balance loaned from shareholders to the Company	514,000		623,500

The loan has an interest rate of base rate plus 2% per annum. The loan is repayable on demand and included within creditors amounts falling due within one year.