Company registration number 05466191 (England and Wales)
EDUCATION WORLD LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
EDUCATION WORLD LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
EDUCATION WORLD LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
28,250
23,482
Current assets
Debtors
5
743,283
1,431,624
Cash at bank and in hand
857,234
428,323
1,600,517
1,859,947
Creditors: amounts falling due within one year
6
(738,421)
(1,000,558)
Net current assets
862,096
859,389
Total assets less current liabilities
890,346
882,871
Provisions for liabilities
(6,406)
(5,192)
Net assets
883,940
877,679
Capital and reserves
Called up share capital
101
101
Profit and loss reserves
883,839
877,578
Total equity
883,940
877,679

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

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

The financial statements were approved by the board of directors and authorised for issue on 13 May 2026 and are signed on its behalf by:
Mr GC Simms
Mr SS Pedersen
Director
Director
Company registration number 05466191 (England and Wales)
EDUCATION WORLD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Education World Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 8 Bankside, The Watermark, Gateshead, NE11 9SY.

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 under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
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:

Leasehold improvements
10% straight line
Plant and equipment
25% straight line
Fixtures and fittings
10% straight line
IT equipment
33% straight line

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.

1.4
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). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Taxation

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

EDUCATION WORLD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
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.

1.7
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.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

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.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.9
Leases

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.

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
Employees

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

2025
2024
Number
Number
Total
24
27
EDUCATION WORLD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
3
Employees
(Continued)
- 4 -

In addition to the above, the average monthly number of people employed by the company who are supplied to customers during the year was 2 45 (202 4: 288).

4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 January 2025
9,327
80,158
89,485
Additions
-
0
17,032
17,032
At 31 December 2025
9,327
97,190
106,517
Depreciation and impairment
At 1 January 2025
3,380
62,623
66,003
Depreciation charged in the year
933
11,331
12,264
At 31 December 2025
4,313
73,954
78,267
Carrying amount
At 31 December 2025
5,014
23,236
28,250
At 31 December 2024
5,947
17,535
23,482
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
573,279
1,144,416
Amounts owed by group undertakings
105,151
256,551
Other debtors
2,162
1,717
Prepayments and accrued income
62,691
28,940
743,283
1,431,624
EDUCATION WORLD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
21,407
34,541
Amounts owed to group undertakings
-
0
16,178
Corporation tax
6,319
97,791
Other taxation and social security
563,672
702,463
Other creditors
93,610
70,769
Accruals and deferred income
53,413
78,816
738,421
1,000,558
7
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 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.

Senior Statutory Auditor:
Nicholas Cunningham MSc BSc FCCA
Statutory Auditor:
Robson Laidler Accountants Limited
Date of audit report:
14 May 2026
8
Operating lease commitments
As 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
£
£
Total commitments
73,738
86,164
9
Parent company

Education World Limited is a subsidiary of Juhler Holdings A/S (Company number: 66891712), a company registered in Denmark. The registered office of the parent company is Vester Farimagsgade 6, 2, 1606 Kobenhavn V/ Denmark.

2025-12-31 2025-01-01 false false false 14 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr G C Simms Mr M Schwenningsen Mr S S Pedersen Mr K Bruun Mr Mark Juhler 05466191 2025-01-01 2025-12-31 05466191 2025-12-31 05466191 2024-12-31 05466191 core:LandBuildings 2025-12-31 05466191 core:OtherPropertyPlantEquipment 2025-12-31 05466191 core:LandBuildings 2024-12-31 05466191 core:OtherPropertyPlantEquipment 2024-12-31 05466191 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 05466191 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 05466191 core:ShareCapital 2025-12-31 05466191 core:ShareCapital 2024-12-31 05466191 core:RetainedEarningsAccumulatedLosses 2025-12-31 05466191 core:RetainedEarningsAccumulatedLosses 2024-12-31 05466191 bus:Director1 2025-01-01 2025-12-31 05466191 bus:Director3 2025-01-01 2025-12-31 05466191 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05466191 core:LandBuildings core:LongLeaseholdAssets 2025-01-01 2025-12-31 05466191 core:LeaseholdImprovements 2025-01-01 2025-12-31 05466191 core:PlantMachinery 2025-01-01 2025-12-31 05466191 2024-01-01 2024-12-31 05466191 core:LandBuildings 2024-12-31 05466191 core:OtherPropertyPlantEquipment 2024-12-31 05466191 2024-12-31 05466191 core:LandBuildings 2025-01-01 2025-12-31 05466191 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 05466191 core:CurrentFinancialInstruments 2025-12-31 05466191 core:CurrentFinancialInstruments 2024-12-31 05466191 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05466191 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05466191 bus:FRS102 2025-01-01 2025-12-31 05466191 bus:Audited 2025-01-01 2025-12-31 05466191 bus:Director2 2025-01-01 2025-12-31 05466191 bus:Director4 2025-01-01 2025-12-31 05466191 bus:Director5 2025-01-01 2025-12-31 05466191 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP