Acorah Software Products - Accounts Production 19.1.200 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 08608284 Mr Mark Childe Mrs Katherine Rees true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08608284 2024-08-31 08608284 2025-08-31 08608284 2024-09-01 2025-08-31 08608284 frs-core:CurrentFinancialInstruments 2025-08-31 08608284 frs-core:ComputerEquipment 2025-08-31 08608284 frs-core:ComputerEquipment 2024-09-01 2025-08-31 08608284 frs-core:ComputerEquipment 2024-08-31 08608284 frs-core:NetGoodwill 2025-08-31 08608284 frs-core:NetGoodwill 2024-09-01 2025-08-31 08608284 frs-core:NetGoodwill 2024-08-31 08608284 frs-core:ShareCapital 2025-08-31 08608284 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 08608284 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 08608284 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 08608284 frs-bus:SmallEntities 2024-09-01 2025-08-31 08608284 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 08608284 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 08608284 1 2024-09-01 2025-08-31 08608284 frs-bus:Director1 2024-09-01 2025-08-31 08608284 frs-bus:Director2 2024-09-01 2025-08-31 08608284 frs-countries:EnglandWales 2024-09-01 2025-08-31 08608284 2023-08-31 08608284 2024-08-31 08608284 2023-09-01 2024-08-31 08608284 frs-core:CurrentFinancialInstruments 2024-08-31 08608284 frs-core:ShareCapital 2024-08-31 08608284 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 08608284
Smile Education Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Daykin Scott Accountants Ltd
Smile Education Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Smile Education Limited
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: 08608284

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 750,002 |  | 750,002
Tangible Assets | 5 |  | 3,861 |  | 9,175
|  |  | 753,863 |  | 759,177
CURRENT ASSETS
Debtors | 6 | 729,508 |  | 1,079,844 |
Cash at bank and in hand |  | 168,896 |  | 69,915 |
|  | 898,404 |  | 1,149,759 |
Creditors: Amounts Falling Due Within One Year | 7 | (481,989 ) |  | (830,616 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 416,415 |  | 319,143
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,170,278 |  | 1,078,320
NET ASSETS |  |  | 1,170,278 |  | 1,078,320
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2 |  | 2
Profit and Loss Account |  |  | 1,170,276 |  | 1,078,318
SHAREHOLDERS' FUNDS |  |  | 1,170,278 |  | 1,078,320

Page 1
Page 2
Smile Education Limited
Balance Sheet (continued)
As At 31 August 2025
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Mark Childe Director
10/04/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Smile Education Limited
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
Smile Education Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08608284 . The registered office is Colmore Building, Colmore Circus Queensway, Birmingham, B4 6AT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill represents the excess of the cost of acquiring a business over the fair value of its separable net assets at the date of acquisition. Goodwill is recognised as an intangible asset and is measured at cost less accumulated amortisation and impairment losses.
The directors have reviewed the nature of the acquisition and the long-term economic benefits expected to arise from customer relationships, brand strength and commercial contracts. Based on this assessment, the directors consider that the economic consumption of goodwill will begin from the next financial period and that a useful economic life of 20 years is appropriate once amortisation commences.
Accordingly, goodwill has not been amortised in the current financial year. This reflects a change in accounting estimate arising from the adoption of FRS 102 Section 1A, and the change has been applied prospectively. Prior-year comparatives have not been restated.
The directors actively review goodwill for indicators of impairment at each reporting date. As at the date of approval of these financial statements, no impairment has been identified.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment | 3 Years Straight line

2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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Page 4
Smile Education Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 45 (2024: 45)
45 45
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 September 2024 | 750,002
As at 31 August 2025 | 750,002
Net Book Value
As at 31 August 2025 | 750,002
As at 1 September 2024 | 750,002

5. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 September 2024 | 110,318
As at 31 August 2025 | 110,318
Depreciation
As at 1 September 2024 | 101,143
Provided during the period | 5,314
As at 31 August 2025 | 106,457
Net Book Value
As at 31 August 2025 | 3,861
As at 1 September 2024 | 9,175

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 605,977 |  | 932,001
Other debtors | 123,531 |  | 147,843
| 729,508 |  | 1,079,844

Page 4
Page 5
Smile Education Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 106,555 |  | 87,876
Other loans | - |  | 39,025
Amounts owed to group undertakings | 35,000 |  | 35,000
Other creditors | 124,135 |  | 546,783
Taxation and social security | 216,299 |  | 121,932
| 481,989 |  | 830,616

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

9. Related Party Transactions
At the year end the company was owed £30,450 from Team Education Ltd, £568 from SLT and £30,000 from Smile Digital Talent.
During the same period the company owed SEHL the ultimate parent company £34,100.
All balances are short-term, repayable on demand and were conducted at arm’s length.
10. Ultimate Parent Undertaking and Controlling Party
The company’s immediate parent undertaking is SEHL Limited (company number 09054125), incorporated and registered in England and Wales.
The company’s ultimate parent undertaking and controlling party is KRMC Education Limited (company number 09119349), incorporated and registered in England and Wales. Copies of the consolidated financial statements of the group are available from its registered office at 124 City Road, London, EC1V 2NX.
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