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Registration number: 01383334

Suzanne Sparrow (Plymouth) Language School Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Suzanne Sparrow (Plymouth) Language School Ltd

Contents

Statement of Financial Position | 1
Notes to the Unaudited Financial Statements | 2 to 6

Suzanne Sparrow (Plymouth) Language School Ltd

(Registration number: 01383334)
Statement of Financial Position as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 222,358 | 230,175
Current assets |  |  |
Debtors | 5 | 21,916 | 21,308
Cash at bank and in hand |  | 5,561 | 5,695
|  | 27,477 | 27,003
Creditors: Amounts falling due within one year | 6 | (153,341) | (102,002)
Net current liabilities |  | (125,864) | (74,999)
Total assets less current liabilities |  | 96,494 | 155,176
Creditors: Amounts falling due after more than one year | 6 | (11,666) | (22,020)
Net assets |  | 84,828 | 133,156
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Revaluation reserve |  | 146,851 | 158,645
Profit and loss account |  | (63,023) | (26,489)
Shareholders' funds |  | 84,828 | 133,156

For the financial year ending 30 September 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 13 March 2026 and signed on its behalf by:

Dr Suzanne Mary Sparrow Director

Suzanne Sparrow (Plymouth) Language School Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Corrofell,
Yealm Road,
Newton Ferrers
Plymouth
PL8 1BL

Principal activity

The principal activity of the company is that of a language school.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Suzanne Sparrow (Plymouth) Language School Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2 | Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold property | 2% straight line
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 15% reducing balance
Computer Equipment | 15% straight line

Suzanne Sparrow (Plymouth) Language School Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2 | Accounting policies (continued)

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 11).

Suzanne Sparrow (Plymouth) Language School Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4 | Tangible assets

| Land and buildings £ | Fixtures and fittings £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 276,668 | 97,496 | 59,057 | 10,995 | 444,216
Additions | - | - | 1,163 | - | 1,163
At 30 September 2025 | 276,668 | 97,496 | 60,220 | 10,995 | 445,379
Depreciation
At 1 October 2024 | 60,943 | 92,452 | 51,527 | 9,119 | 214,041
Charge for the year | 5,534 | 758 | 2,219 | 469 | 8,980
At 30 September 2025 | 66,477 | 93,210 | 53,746 | 9,588 | 223,021
Carrying amount
At 30 September 2025 | 210,191 | 4,286 | 6,474 | 1,407 | 222,358
At 30 September 2024 | 215,725 | 5,044 | 7,530 | 1,876 | 230,175

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 9,264 | 1,100
Prepayments | 12,652 | 20,208
| 21,916 | 21,308

Suzanne Sparrow (Plymouth) Language School Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 101,206 | 18,010
Trade creditors |  | 10,693 | 11,375
Taxation and social security |  | 1,244 | 2,166
Accruals and deferred income |  | 14,189 | 43,786
Other creditors |  | 26,009 | 26,665
|  | 153,341 | 102,002

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 11,666 | 22,020

Within creditors is a bounce back loan which benefits from a government guarantee. Creditors also include an overdraft which is secured and repayable on demand.

7 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

8 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 1,840 | 1,840
Later than one year and not later than five years | 5,520 | 7,360
| 7,360 | 9,200