LAUNCH 2 LEARNING LTD


Directors	KNOWLES-GREANEY, Alison Elizabeth
	WYKES, Ann Maria
	WYKES, Steven Paul


Registered Address	The Dutch Barn Bremhill Grove Farm
	East Tytherton
	Chippenham
	SN15 4LX


Registered Number	10263773 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		21,518		14,946
			21,518		14,946
Current assets
Debtors		55,636		267,362
Cash at bank and on hand		85,129		309,045
		140,765		576,407
Creditors amounts falling due within one year	4	(111,942)		(384,714)
Net current assets (liabilities)			28,823		191,693
Total assets less current liabilities			50,341		206,639
Creditors amounts falling due after one year	5		(21,760)		(27,216)
Provisions for liabilities	6		(5,380)		(3,737)
Net assets			23,201		175,686
Capital and reserves
Called up share capital			104		104
Profit and loss account			23,097		175,582
Shareholders' funds			23,201		175,686

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 27 October 2025, and are signed on its behalf by:

KNOWLES-GREANEY, Alison Elizabeth
Director

WYKES, Ann Maria
Director

Registered Company No. 10263773

LAUNCH 2 LEARNING LTD

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	57		36

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 September 24	21,653	21,653
Additions	12,205	12,205
At 31 August 25	33,858	33,858
Depreciation and impairment
At 01 September 24	6,707	6,707
Charge for year	5,633	5,633
At 31 August 25	12,340	12,340
Net book value
At 31 August 25	21,518	21,518
At 31 August 24	14,946	14,946

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,331	13,031
Bank borrowings and overdrafts	5,456	5,456
Taxation and social security	78,930	183,957
Other creditors	10,593	39
Accrued liabilities and deferred income	13,632	182,231
Total	111,942	384,714


	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.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	21,760	27,216
Total	21,760	27,216

6.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	5,380	3,737
Total	5,380	3,737