Company Registration No. 02191072 (England and Wales)
THE CROFT SCHOOL LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
THE CROFT SCHOOL LIMITED
COMPANY INFORMATION
Directors
Mrs L K M Bagnall
Mr B L D Thornton
Mrs J Thornton
Secretary
Mrs J Thornton
Company number
02191072
Registered office
Alveston Hill
Loxley Road
Stratford-upon-Avon
Warwickshire
CV37 7RL
Auditor
Kendall Wadley LLP
Granta Lodge
71 Graham Road
Malvern
Worcestershire
WR14 2JS
Bankers
Allica Bank Limited
4th Floor
164 Bishopsgate
London
EC2M 4LX
Lloyds Bank Plc
22 Bridge Street
Stratford upon Avon
Warwickshire
CV37 6AG
THE CROFT SCHOOL LIMITED
CONTENTS
Page
Directors' report
1
Directors' responsibilities statement
2
Independent auditor's report
3 - 5
Statement of income and retained earnings
6
Balance sheet
7
Notes to the financial statements
8 - 15
THE CROFT SCHOOL LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
- 1 -

The directors present their annual report and financial statements for the year ended 31 August 2025.

Principal activities

The principal activity of the company is the provision of educational services.

Business review

The Headmaster and his team provided an excellent forward thinking education for The Croft’s pupils during this period. Good financial controls allowed The Croft to continue to develop educationally and maintain the quality of its infrastructure.

Key performance indicators

The directors continue to review a robust risk management system which is geared towards improving school performance. Income, cost management, operating profit, and cash flow continue to be significant in decision making.

Main risks and uncertainties

Our key risks centre on the uncertainty of the national and international economic situation and how this will affect our income and costs. Educationally, we continue to ensure safeguarding is primary in our consideration of all pupils. The directors continue to be committed to the long-term success of the school.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mrs L K M Bagnall
Mr B L D Thornton
Mrs J Thornton
Auditor

Kendall Wadley LLP were appointed auditor to the company and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr B L D Thornton
Director
15 January 2026
THE CROFT SCHOOL LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

THE CROFT SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE CROFT SCHOOL LIMITED
- 3 -
Opinion

We have audited the financial statements of The Croft School Limited (the 'company') for the year ended 31 August 2025 which comprise the statement of income and retained earnings, the balance sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 August 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the directors' report has been prepared in accordance with applicable legal requirements.

THE CROFT SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE CROFT SCHOOL LIMITED (CONTINUED)
- 4 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the directors' r eport. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit; or

- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the directors' report and from the requirement to prepare a strategic report.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

- an understanding of the risk assessment process (including the assessment of the risk of fraud) adopted by the Board is obtained and the attitude to risk ascertained.

- an assessment of the susceptibility to material mis-statement of the financial statements as a result of management over-ride or fraud is made.

- it is ensured that the engagement team have, collectively, the appropriate competence, capabilities and skills to be involved in the assignment, are fully briefed and understand the risks specific to the group.

The information obtained through the assessment to risk procedures is reviewed and the following work undertaken:

- processes to test the outcomes of our assessment include analytical review, the relevance and accuracy of significant accounting estimates, substantive testing of significant transactions, work to identify unusual or unexpected accounting entries including the testing of journal entries, information disclosed in the financial statements is traced to supporting documentation. In all instances it is acknowledged that material mis-statements that arise from fraud may involve deliberate concealment or collusion and are, therefore, by their very nature harder to detect than those arising from error.

- an understanding of the legal and regulatory framework as applicable to the company is obtained together with knowledge of the procedures put in place by the company in order to comply with the same.

THE CROFT SCHOOL LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE CROFT SCHOOL LIMITED (CONTINUED)
- 5 -

It should be noted that Auditing standards limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the director and other management and the inspection of regulatory and legal correspondence, if any.

Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board’s (APB’s) Ethical Standard for Auditors, including “APB Ethical Standard – Provisions Available for Small Entities (Revised)”, in the circumstances set out in note 19 to the financial statements.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Elizabeth Needham ACA CTA (VAT) (Senior Statutory Auditor)
For and on behalf of Kendall Wadley LLP, Statutory Auditor
Chartered Accountants
Granta Lodge
71 Graham Road
Malvern
Worcestershire
WR14 2JS
15 January 2026
THE CROFT SCHOOL LIMITED
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 AUGUST 2025
- 6 -
2025
2024
Notes
£
£
Turnover
4,810,408
4,972,836
Cost of sales
(3,325,840)
(3,100,829)
Gross profit
1,484,568
1,872,007
Administrative expenses
(1,399,520)
(1,660,287)
Other operating income
118,632
64,415
Operating profit
203,680
276,135
Interest receivable and similar income
21,781
5,127
Interest payable and similar expenses
(33,324)
(45,507)
Profit before taxation
192,137
235,755
Taxation
5
(72,997)
(87,296)
Profit for the financial year
119,140
148,459
Total comprehensive income for the year
119,140
148,459
Retained earnings at 1 September 2024
1,923,238
1,968,907
Dividends
(169,128)
(194,128)
Retained earnings at 31 August 2025
1,873,250
1,923,238

The profit and loss account has been prepared on the basis that all operations are continuing operations.

The profit for the financial period is also the total comprehensive income for the period.
THE CROFT SCHOOL LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 7 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
6
2,986,908
3,132,111
Current assets
Stocks
7
1,387
959
Debtors
8
136,799
41,555
Cash at bank and in hand
518,908
1,065,467
657,094
1,107,981
Creditors: amounts falling due within one year
9
(1,200,576)
(1,404,414)
Net current liabilities
(543,482)
(296,433)
Total assets less current liabilities
2,443,426
2,835,678
Creditors: amounts falling due after more than one year
10
(521,046)
(852,137)
Provisions for liabilities
12
(49,010)
(60,183)
Net assets
1,873,370
1,923,358
Capital and reserves
Called up share capital
14
120
120
Profit and loss reserves
1,873,250
1,923,238
Total equity
1,873,370
1,923,358

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 15 January 2026 and are signed on its behalf by:
Mr B L D Thornton
Director
Company Registration No. 02191072
THE CROFT SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 8 -
1
Accounting policies
Company information

The Croft School Limited is a private company limited by shares incorporated in England and Wales (company number 02191072). The registered office is Alveston Hill, Loxley Road, Stratford-upon-Avon, Warwickshire, CV37 7RL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The directors have assessed the company's ability to continue as a going concern. As a result of this assessment, no material uncertainties have been identified that cast doubt about the ability of the company to continue as a going concern.true

Accordingly, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore they continue to adopt the going concern basis of accounting in preparing these financial statements.

1.3
Turnover

Turnover represents the value of services provided to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where termly fees are received in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings freehold
2 - 10% straight line
Plant and equipment
10 - 20% straight line
Fixtures, fittings & equipment
20% straight line
Computer equipment
33% straight line
Motor vehicles
25% reducing balance

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.

THE CROFT SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 9 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible 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).

1.6
Stocks

Stocks consist mainly of food and cleaning supplies and are valued at cost.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention 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.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans 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 receipts 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. A m ounts 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.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

THE CROFT SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 10 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

The company operates a defined contribution scheme. The Scottish Widow scheme is administered by Scottish Widows who are independent of the company's finances. Contributions payable are charged to the profit and loss account in the year they are payable.

1.12
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

THE CROFT SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 11 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Auditor's remuneration
2025
2024
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the company
10,695
9,493
4
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Management and office
13
13
Teaching and support
75
71
Other
17
17
105
101

Their aggregate remuneration comprised:

2025
2024
£
£
Wages and salaries
2,942,028
2,756,120
Social security costs
273,879
224,554
Pension costs
386,042
367,459
3,601,949
3,348,133
5
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
84,170
56,078
THE CROFT SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
5
Taxation
2025
2024
£
£
(Continued)
- 12 -
Deferred tax
Origination and reversal of timing differences
(11,173)
31,218
Total tax charge
72,997
87,296
6
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 September 2024 and 31 August 2025
5,085,584
1,541,856
6,627,440
Depreciation
At 1 September 2024
2,102,684
1,392,645
3,495,329
Depreciation charged in the year
108,602
36,601
145,203
At 31 August 2025
2,211,286
1,429,246
3,640,532
Carrying amount
At 31 August 2025
2,874,298
112,610
2,986,908
At 31 August 2024
2,982,900
149,211
3,132,111
7
Stocks
2025
2024
£
£
Stocks
1,387
959
8
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
96,681
10,881
Other debtors
7,942
14,137
Prepayments and accrued income
32,176
16,537
136,799
41,555
THE CROFT SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 13 -
9
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Bank loans and overdrafts
13
90,503
83,455
Obligations under finance leases
3,535
3,535
Payments received on account
381,522
603,413
Trade creditors
32,447
41,987
Fees in advance scheme
225,277
354,829
Corporation tax
84,169
56,078
Other taxation and social security
291,362
55,477
Other creditors
32,276
40,422
Accruals and deferred income
59,485
165,218
1,200,576
1,404,414
10
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
310,848
402,889
Other creditors
90,885
87,570
Fees in advance scheme
119,313
361,678
521,046
852,137
11
Fees in advance scheme

Parents may enter into a contract to pay the school up to the equivalent of five years' tuition fees in advance. The money may be returned subject to specific conditions. Assuming the students enter and remain at the school, their advance fees will be applied as follows:

2025
2024
Between 1 to 2 years
113,167
258,180
Between 2 to 5 years
6,146
103,498
Due after more than one year (note 10)
119,313
361,678
Due within one year (note 9)
225,277
354,829
Balance at 31st August
344,590
716,507
12
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
49,010
60,183
THE CROFT SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 14 -
13
Loans and overdrafts
2025
2024
£
£
Bank loans
401,351
486,344
Payable within one year
90,503
83,455
Payable after one year
310,848
402,889

The bank loans of £401,351 (2024: £486,344) are secured by a first legal charge over the company's freehold property and by a fixed and floating charge over all the assets of the company. Interest on the bank loan is charged at LIBOR plus 2.75%. The bank loan is repayable upon demand if the terms and conditions are breached. Interest on the COVID-19 bounce back loan is charged at 2.50%.

14
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
120
120
120
120
15
Retirement benefit schemes
Defined contribution schemes

The company operates a defined contribution pension scheme with Scottish Widows. The scheme funds are administered by Scottish Widows who are independent of the company's finances. Contributions payable are charged to the profit and loss account in the year they are payable.

The charge to profit and loss in respect of this defined contribution scheme was £386,042 (202 4: £3 67,459).

16
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Within one year
53,019
50,281
Between two and five years
57,330
92,981
110,349
143,262
17
Related party transactions

The directors have advanced money to the company, these loans are unsecured, interest free and repayable on demand. At the balance sheet date the balance was £3,721 in credit (2024: £7,131 in credit).

THE CROFT SCHOOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 15 -
18
Directors' transactions

Dividends totalling £169,128 (202 4: £194,128) were paid in the year in respect of shares held by the company's directors.

19
Provisions available for small entities

We have taken the exemption permitted by “APB Ethical Standard – Provisions Available for Small Entities (Revised)” to mitigate the management threat in relation to the non-audit service of preparing the statutory accounts.

2025-08-31 2024-09-01 false false false 15 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mrs L K M Bagnall Mr B L D Thornton Mrs J Thornton Mrs J Thornton 02191072 2024-09-01 2025-08-31 02191072 bus:Director1 2024-09-01 2025-08-31 02191072 bus:Director2 2024-09-01 2025-08-31 02191072 bus:Director3 2024-09-01 2025-08-31 02191072 bus:CompanySecretary1 2024-09-01 2025-08-31 02191072 bus:RegisteredOffice 2024-09-01 2025-08-31 02191072 bus:Agent1 2024-09-01 2025-08-31 02191072 2025-08-31 02191072 2023-09-01 2024-08-31 02191072 core:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 02191072 2024-08-31 02191072 core:LandBuildings 2025-08-31 02191072 core:OtherPropertyPlantEquipment 2025-08-31 02191072 core:LandBuildings 2024-08-31 02191072 core:OtherPropertyPlantEquipment 2024-08-31 02191072 core:CurrentFinancialInstruments 2025-08-31 02191072 core:CurrentFinancialInstruments 2024-08-31 02191072 core:Non-currentFinancialInstruments 2025-08-31 02191072 core:Non-currentFinancialInstruments 2024-08-31 02191072 core:ShareCapital 2025-08-31 02191072 core:ShareCapital 2024-08-31 02191072 core:RetainedEarningsAccumulatedLosses 2025-08-31 02191072 core:RetainedEarningsAccumulatedLosses 2024-08-31 02191072 core:ShareCapitalOrdinaryShareClass1 2025-08-31 02191072 core:ShareCapitalOrdinaryShareClass1 2024-08-31 02191072 core:LandBuildings core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 02191072 core:PlantMachinery 2024-09-01 2025-08-31 02191072 core:FurnitureFittings 2024-09-01 2025-08-31 02191072 core:ComputerEquipment 2024-09-01 2025-08-31 02191072 core:MotorVehicles 2024-09-01 2025-08-31 02191072 core:UKTax 2024-09-01 2025-08-31 02191072 core:UKTax 2023-09-01 2024-08-31 02191072 core:LandBuildings 2024-08-31 02191072 core:OtherPropertyPlantEquipment 2024-08-31 02191072 2024-08-31 02191072 core:LandBuildings 2024-09-01 2025-08-31 02191072 core:OtherPropertyPlantEquipment 2024-09-01 2025-08-31 02191072 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 02191072 bus:OrdinaryShareClass1 2025-08-31 02191072 bus:OrdinaryShareClass1 2024-08-31 02191072 core:WithinOneYear 2025-08-31 02191072 core:WithinOneYear 2024-08-31 02191072 core:BetweenTwoFiveYears 2025-08-31 02191072 core:BetweenTwoFiveYears 2024-08-31 02191072 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 02191072 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 02191072 bus:FRS102 2024-09-01 2025-08-31 02191072 bus:Audited 2024-09-01 2025-08-31 02191072 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP