REGISTERED NUMBER: 06427312 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

BLUE SKIES SCHOOL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L M Higgins

J Q Higgins

SECRETARY:

L M Higgins

REGISTERED OFFICE:

126 Maidstone Road

Chatham

Kent

ME4 6DQ

REGISTERED NUMBER:

06427312 (England and Wales)

ACCOUNTANTS:

Friend & Grant Ltd

Bryant House

Bryant Road

Strood

Rochester

Kent

ME2 3EW

FIXED ASSETS

Tangible assets

5

316,966

330,683

CURRENT ASSETS

Debtors

6

215,313

190,678

Cash at bank and in hand

41,504

145,923

256,817

336,601

CREDITORS

Amounts falling due within one year

7

256,744

240,704

NET CURRENT ASSETS

73

95,897

TOTAL ASSETS LESS CURRENT LIABILITIES

317,039

426,580

PROVISIONS FOR LIABILITIES

9,043

10,136

NET ASSETS

307,996

416,444

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

307,696

416,144

SHAREHOLDERS' FUNDS

307,996

416,444

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 12 February 2026 and were signed on its behalf by:

J Q Higgins - Director

L M Higgins - Director

1.	STATUTORY INFORMATION

Blue Skies School 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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 presentation and disclosure requirements of Section 1A applicable to small companies, and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.The policies adopted for the recognition of turnover are as following:

-Fees revenue

Revenue from fees income is recognised when the fee in respect of the provision of educational services provided is receivable.

-Grant revenue

Grant revenue is recognised when the school obtains control or right to receive the grant, it is probable that the economic benefits gained from the grant will flow to the school, and the amount of the grant can be measured reliably. Grants received on the condition that specified services are delivered, or conditions are fulfilled, are initially recognised as a liability and revenue is recognised as services are performed or conditions fulfilled.

-Interest receivable

Interest income is recognised using the effective interest method.

Tangible fixed assets

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

Freehold property

-

2% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for administrative staff, and also makes contributions into the Teachers' Pension Scheme for teaching staff, a defined benefit scheme run by the Teachers' Pension Agency.

Contributions payable to the defined contribution pension scheme are charged to the profit and loss account in the period to which they relate.

Teaching staff belong to the Teacher's Pension Scheme. This is an unfunded defined benefit scheme operated by the Government with contributions calculated on an actuarial basis, but set in relation to the current service period only. In accordance with paragraph 9(a) of FRS17 the contributions have been accounted for as if this were a defined contribution scheme. The employer's contribution was 23.68% for the whole of the financial year.

Employee benefits

The company recognises a provision for annual leave accrued by employees as a result of services rendered in current period, and which employees are entitled to carry forward and use within the next 12 months. The provision is measured at the salary cost payable for the period of absence.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

425,776

70,706

36,596

533,078

Additions

-

230

-

230

Disposals

-

(945

)

-

(945

)

At 31 August 2025

425,776

69,991

36,596

532,363

DEPRECIATION

At 1 September 2024

118,996

49,655

33,744

202,395

Charge for year

8,516

4,105

570

13,191

Eliminated on disposal

-

(189

)

-

(189

)

At 31 August 2025

127,512

53,571

34,314

215,397

NET BOOK VALUE

At 31 August 2025

298,264

16,420

2,282

316,966

At 31 August 2024

306,780

21,051

2,852

330,683

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

187,947

171,764

Other debtors

27,366

18,914

215,313

190,678

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,448

-

Taxation and social security

36,256

10,617

Other creditors

217,040

230,087

256,744

240,704

8.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £2,134 (2024: £4,267).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

J Q Higgins

Balance outstanding at start of year

(25,100

)

(29,291

)

Amounts advanced

4,764

10,049

Amounts repaid

(2,907

)

(5,858

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(23,243

)

(25,100

)

L M Higgins

Balance outstanding at start of year

(25,399

)

(23,574

)

Amounts advanced

324

432

Amounts repaid

(2,692

)

(2,257

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(27,767

)

(25,399

)

The loans from the directors to the company are unsecured and repayable on demand. Interest is charged on the loans at a rate of 12% per annum.