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Registration number: 10295712

Prosperity Education Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

Prosperity Education Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

Prosperity Education Ltd

Registration number: 10295712
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 10,294 | 12,867
Tangible assets | 5 | 585 | 873
|  | 10,879 | 13,740
Current assets |  |  |
Debtors | 6 | 17,871 | 5,812
Cash at bank and in hand |  | 26,181 | 25,972
|  | 44,052 | 31,784
Creditors: Amounts falling due within one year | 7 | (12,662) | (10,145)
Net current assets |  | 31,390 | 21,639
Total assets less current liabilities |  | 42,269 | 35,379
Creditors: Amounts falling due after more than one year | 7 | - | (9,768)
Provisions for liabilities |  | (111) | -
Net assets |  | 42,158 | 25,611
Capital and reserves |  |  |
Called up share capital | 8 | 3 | 3
Retained earnings |  | 42,155 | 25,608
Shareholders' funds |  | 42,158 | 25,611

The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

Prosperity Education Ltd

Registration number: 10295712
Balance Sheet as at 31 July 2025 (continued)

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 April 2026

T O'Reilly Company secretary and director

Prosperity Education Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 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:
58 Sherlock Close
Cambridge
Cambridgeshire
CB3 0HP
United Kingdom

These financial statements were authorised for issue by the director on 17 April 2026.

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 presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/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.

Prosperity Education Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

2 | Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet 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
Plant and machinery | 33% Reducing Balance
Fixtures, fittings, tools and equipment | 33% Reducing Balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Other Intangible Assets | Over 5 years

Prosperity Education Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

2 | Accounting policies (continued)

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 profit and loss account 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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Prosperity Education Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

4 | Intangible assets

| Other intangible assets £ | Total £
Cost or valuation
At 1 August 2024 | 12,867 | 12,867
At 31 July 2025 | 12,867 | 12,867
Amortisation
Amortisation charge | 2,573 | 2,573
At 31 July 2025 | 2,573 | 2,573
Carrying amount
At 31 July 2025 | 10,294 | 10,294
At 31 July 2024 | 12,867 | 12,867

Prosperity Education Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

5 | Tangible assets

| Other property, plant and equipment £ | Total £
Cost or valuation
At 1 August 2024 | 1,303 | 1,303
At 31 July 2025 | 1,303 | 1,303
Depreciation
At 1 August 2024 | 430 | 430
Charge for the year | 288 | 288
At 31 July 2025 | 718 | 718
Carrying amount
At 31 July 2025 | 585 | 585
At 31 July 2024 | 873 | 873

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 3,156 | 5,431
Other debtors | 14,715 | 381
| 17,871 | 5,812

Prosperity Education Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Directors loan account | 10 | 2,696 | 2,384
Taxation and social security |  | 7,671 | 6,837
Other creditors |  | 2,295 | 924
|  | 12,662 | 10,145
Due after one year |  |  |
Loans and borrowings | 9 | - | 9,768

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | - | 9,768

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 3 | 3 | 3 | 3

Prosperity Education Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

9 | Loans and borrowings

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank borrowings | - | 9,768

10 | Related party transactions

Summary of transactions with other related parties

There is an amount due from a company under common control of £13,653 (2024: nil).