REGISTERED NUMBER: 07203395 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

IVY EDUCATION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

A P Delafield

C M Horton

REGISTERED OFFICE:

7 Wey Court

Mary Road

Guildford

Surrey

GU1 4QU

REGISTERED NUMBER:

07203395 (England and Wales)

ACCOUNTANTS:

CMB Partnership Limited

Chartered Accountants

7 Wey Court

Mary Road

Guildford

Surrey

GU1 4QU

FIXED ASSETS

Intangible assets

4

66,443

147,967

Tangible assets

5

1,289

1,894

67,732

149,861

CURRENT ASSETS

Debtors

6

156,085

163,468

Cash at bank

4,583

22,420

160,668

185,888

CREDITORS

Amounts falling due within one year

7

146,101

312,479

NET CURRENT ASSETS/(LIABILITIES)

14,567

(126,591

)

TOTAL ASSETS LESS CURRENT LIABILITIES

82,299

23,270

CREDITORS

Amounts falling due after more than one year

8

(562,489

)

(395,480

)

ACCRUALS AND DEFERRED INCOME

(333,516

)

(336,964

)

NET LIABILITIES

(813,706

)

(709,174

)

CAPITAL AND RESERVES

Called up share capital

158

158

Share premium

244,412

244,412

Retained earnings

(1,058,276

)

(953,744

)

SHAREHOLDERS' FUNDS

(813,706

)

(709,174

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2026 and were signed on its behalf by:

A P Delafield - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is recognised based on when the tuition and consultancy are performed.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding that the company has incurred continued losses during the financial year. The directors have assessed the company's financial position and cash flow requirements and are confident in the company's ability to return to profitability and to continue trading for the foreseeable future.

The company has sufficient headroom within its existing financing facilities to meet its obligations as they fall due. The directors have reviewed cash flow forecasts and believe that the company will be able to operate within these facilities. Based on this assessment, the directors consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

407,620

AMORTISATION

At 1 September 2024

259,653

Charge for year

81,524

At 31 August 2025

341,177

NET BOOK VALUE

At 31 August 2025

66,443

At 31 August 2024

147,967

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

22,155

DEPRECIATION

At 1 September 2024

20,261

Charge for year

605

At 31 August 2025

20,866

NET BOOK VALUE

At 31 August 2025

1,289

At 31 August 2024

1,894

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

156,085

163,468

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

9,046

5,874

Taxation and social security

96,194

96,852

Other creditors

40,861

209,753

146,101

312,479

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

26,377

27,903

Other creditors

536,112

367,577

562,489

395,480

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ivy Education Ltd for the year ended 31 August 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ivy Education Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ivy Education Ltd and state those matters that we have agreed to state to the Board of Directors of Ivy Education Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ivy Education Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ivy Education Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ivy Education Ltd. You consider that Ivy Education Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ivy Education Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

CMB Partnership Limited

Chartered Accountants

7 Wey Court

Mary Road

Guildford

Surrey

GU1 4QU

27 April 2026