REGISTERED NUMBER: 04973052 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements

for the Year Ended 31 August 2025

for

THE GARDEN HOUSE SCHOOL LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Statement of Income and Retained Earnings

7

Statement of Financial Position

8

Statement of Cash Flows

9

Notes to the Statement of Cash Flows

10

Notes to the Financial Statements

11

DIRECTORS:

C Warland

S V Strafford

SECRETARY:

S V Strafford

REGISTERED OFFICE:

Turks Row

London

SW3 4TW

REGISTERED NUMBER:

04973052 (England and Wales)

AUDITORS:

Hill Wooldridge & Co. Limited

Statutory Auditor & Chartered Accountants

Monument House

215 Marsh Road

Pinner

HA5 5NE

The directors present their strategic report for the year ended 31 August 2025.

BUSINESS REVIEW

The results set out in these accounts show turnover of £13,483,672 (2024 : £13,108,986) and an operating profit of £1,930,570 (2024 : £1,777,615). At 31st August 2025 the company had net assets of £3,238,933 (2024 : £1,920,763). This is the company's fourth full academic year of operation and the directors consider the position at the end of the year to be satisfactory.

PRINCIPAL RISKS AND UNCERTAINTIES

The key risks and uncertainties relating to the business are considered to be the global economic situation and the possibility of changes to the legislation affecting the independent school sector.

FINANCIAL KEY PERFORMANCE INDICATORS

The company has a normal level of exposure to price, credit, liquidity and cash flow risks arising from its trading activities.

The directors have prepared forecasts for the next 12 months which indicate that the company has sufficient resources available to trade as a going concern.

OTHER KEY PERFORMANCE INDICATORS

The directors use a number of indicators to monitor the company's performance. The key non-financial indicator is pupil numbers. Pupil numbers are similar to what they were in 2024. The key financial indicators are turnover and operating profit which can be seen above.

FUTURE DEVELOPMENTS

The directors anticipate the environment will remain competitive. They believe the company is in a good position to face future challenges and to improve on current performance.

ON BEHALF OF THE BOARD:

C Warland - Director

12 May 2026

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

PRINCIPAL ACTIVITY

The principal activity of the company is the provision of educational services.

DIVIDENDS

No dividends will be distributed for the year ended 31 August 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

C Warland

S V Strafford

MATTERS COVERED IN THE STRATEGIC REPORT

The company has chosen in accordance with s414C(ll) of the Companies Act 2006, to set out in the company's Strategic report information required by Schedule 7 of the Large and Medium sized Companies and Groups (Accounts and Reports) Regulations 2008, and Part 2 of The Companies (Miscellaneous Reporting) Regulations 2018 to be contained in the Directors' report. It has done so in respect of risk exposure and future developments.

DIRECTORS' RESPONSIBILITIES STATEMENT

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Hill Wooldridge & Co. Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

C Warland - Director

12 May 2026

Opinion

We have audited the financial statements of The Garden House School Limited (the 'company') for the year ended 31 August 2025 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position, Statement of Cash Flows and Notes to the Statement of Cash Flows, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

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

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Directors' Responsibilities Statement set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

-

the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

-

we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of private schools;

-

we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, data protection, anti-bribery, safeguarding, employment and health and safety legislation;

-

we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

-

identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

-

making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

-

considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

-

performed analytical procedures to identify any unusual or unexpected relationships;

-

tested journal entries throughout the period to identify unusual transactions;

-

assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

-

investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

-

agreeing financial statement disclosures to underlying supporting documentation;

-

reviewing the minutes of the board meetings; and

-

enquiring of management as to actual and potential litigation and claims.

We believe that our audit was capable of detecting material irregularities, including fraud, but note that it is inherently difficult to detect such irregularities. Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Lino Perdoni FCA (Senior Statutory Auditor)

for and on behalf of Hill Wooldridge & Co. Limited

Statutory Auditor & Chartered Accountants

Monument House

215 Marsh Road

Pinner

HA5 5NE

12 May 2026

TURNOVER

3

13,483,672

13,108,986

Administrative expenses

11,553,102

11,331,371

1,930,570

1,777,615

Other operating income

15,224

-

OPERATING PROFIT

5

1,945,794

1,777,615

Interest receivable and similar income

7

170,528

162,694

2,116,322

1,940,309

Interest payable and similar expenses

8

187,072

213,541

PROFIT BEFORE TAXATION

1,929,250

1,726,768

Tax on profit

9

611,080

568,566

PROFIT FOR THE FINANCIAL YEAR

1,318,170

1,158,202

Retained earnings at beginning of year

1,920,760

882,558

Dividends

10

-

(120,000

)

RETAINED EARNINGS AT END OF YEAR

3,238,930

1,920,760

FIXED ASSETS

Intangible assets

11

7,750,000

8,250,000

Tangible assets

12

227,769

268,685

7,977,769

8,518,685

CURRENT ASSETS

Stocks

13

5,140

6,291

Debtors

14

2,937,616

627,428

Cash at bank and in hand

4,488,138

5,850,382

7,430,894

6,484,101

CREDITORS

Amounts falling due within one year

15

7,597,532

6,998,998

NET CURRENT LIABILITIES

(166,638

)

(514,897

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,811,131

8,003,788

CREDITORS

Amounts falling due after more than one year

16

(4,561,586

)

(6,073,932

)

PROVISIONS FOR LIABILITIES

18

(10,612

)

(9,093

)

NET ASSETS

3,238,933

1,920,763

CAPITAL AND RESERVES

Called up share capital

19

3

3

Retained earnings

20

3,238,930

1,920,760

SHAREHOLDERS' FUNDS

3,238,933

1,920,763

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by:

C Warland - Director

Cash flows from operating activities

Cash generated from operations

1

(644,842

)

2,477,671

Interest paid

(187,072

)

(213,541

)

Tax paid

(691,232

)

(633,688

)

Net cash from operating activities

(1,523,146

)

1,630,442

Cash flows from investing activities

Purchase of tangible fixed assets

(28,657

)

(8,604

)

Sale of tangible fixed assets

19,031

-

Interest received

170,528

162,694

Net cash from investing activities

160,902

154,090

Cash flows from financing activities

Equity dividends paid

-

(120,000

)

Net cash from financing activities

-

(120,000

)

(Decrease)/increase in cash and cash equivalents

(1,362,244

)

1,664,532

Cash and cash equivalents at beginning of year

2

5,850,382

4,185,850

Cash and cash equivalents at end of year

2

4,488,138

5,850,382

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2025

2024

£

£

Profit before taxation

1,929,250

1,726,768

Depreciation charges

565,767

589,642

Profit on disposal of fixed assets

(15,224

)

-

Finance costs

187,072

213,541

Finance income

(170,528

)

(162,694

)

2,496,337

2,367,257

Decrease/(increase) in stocks

1,151

(4,238

)

(Increase)/decrease in trade and other debtors

(2,310,188

)

278,424

Decrease in trade and other creditors

(832,142

)

(163,772

)

Cash generated from operations

(644,842

)

2,477,671

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Statement of Cash Flows in respect of cash and cash equivalents are in respect of these Statement of Financial Position amounts:

Year ended 31 August 2025

31.8.25

1.9.24

£

£

Cash and cash equivalents

4,488,138

5,850,382

Year ended 31 August 2024

31.8.24

1.9.23

£

£

Cash and cash equivalents

5,850,382

4,185,850

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.9.24

Cash flow

At 31.8.25

£

£

£

Net cash

Cash at bank and in hand

5,850,382

(1,362,244

)

4,488,138

5,850,382

(1,362,244

)

4,488,138

Total

5,850,382

(1,362,244

)

4,488,138

1.	STATUTORY INFORMATION

The Garden House School Limited 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Turnover arising from school fees is recognised on the accruals basis and is included in the profit or loss of the company over the school year to which the fees relate to.

Intangible assets - goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer's interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the profit or loss over its useful economic life, being 20 years.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold property

-

over the lease period

Fixtures and fittings

-

20%

straight line

Motor vehicles

-

25%

reducing balance

Computer equipment

-

20%

straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

In the Statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs - defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in the profit or loss in the same period as the related expenditure.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

3.

TURNOVER

The whole of the turnover is attributable to the principal activity of the company.

All turnover arose within the United Kingdom.

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

5,746,307

5,575,229

Social security costs

685,978

597,646

Other pension costs

969,827

867,962

7,402,112

7,040,837

The average number of employees during the year was as follows:

2025

2024

Teaching

105

113

Administration

35

30

140

143

2025

2024

£

£

Directors' remuneration

115,800

111,300

Directors' pension contributions to money purchase schemes

103,372

100,066

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

2

2

5.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2025

2024

£

£

Hire of plant and machinery

5,948

10,424

Other operating leases

1,112,236

1,101,728

Depreciation - owned assets

65,766

89,642

Profit on disposal of fixed assets

(15,224

)

-

Goodwill amortisation

500,000

500,000

6.	AUDITORS' REMUNERATION

2025

2024

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

16,000

19,200

Taxation compliance services

3,000

3,600

Other assurance services

3,000

3,600

7.

INTEREST RECEIVABLE AND SIMILAR INCOME

2025

2024

£

£

Bank interest received

170,528

162,694

8.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Other loan interest

187,072

213,541

9.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

609,561

577,894

Deferred tax

1,519

(9,328

)

Tax on profit

611,080

568,566

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Profit before tax

1,929,250

1,726,768

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

482,313

431,692

Effects of:

Expenses not deductible for tax purposes

1,445

7,635

Remeasurement of deferred tax

1,519

(9,328

)

Fixed asset differences

125,803

138,567

Total tax charge

611,080

568,566

10.

DIVIDENDS

2025

2024

£

£

Ordinary shares of £1 each

Interim

-

120,000

11.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

10,000,000

AMORTISATION

At 1 September 2024

1,750,000

Amortisation for year

500,000

At 31 August 2025

2,250,000

NET BOOK VALUE

At 31 August 2025

7,750,000

At 31 August 2024

8,250,000

12.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

145,785

54,113

74,636

297,875

572,409

Additions

-

16,312

-

12,345

28,657

Disposals

-

-

-

(40,168

)

(40,168

)

At 31 August 2025

145,785

70,425

74,636

270,052

560,898

DEPRECIATION

At 1 September 2024

56,244

20,461

39,772

187,247

303,724

Charge for year

9,285

12,997

5,554

37,930

65,766

Eliminated on disposal

-

-

-

(36,361

)

(36,361

)

At 31 August 2025

65,529

33,458

45,326

188,816

333,129

NET BOOK VALUE

At 31 August 2025

80,256

36,967

29,310

81,236

227,769

At 31 August 2024

89,541

33,652

34,864

110,628

268,685

13.

STOCKS

2025

2024

£

£

Goods for resale

5,140

6,291

14.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,417,721

95,009

Other debtors

69,603

100,284

Prepayments and accrued income

450,292

432,135

2,937,616

627,428