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Registered number: 07265077
KS Education Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Whittles LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 07265077
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 181,635 152,347
181,635 152,347
CURRENT ASSETS
Debtors 6 212,836 213,195
Cash at bank and in hand 3,168,907 1,344,563
3,381,743 1,557,758
Creditors: Amounts Falling Due Within One Year 7 (2,219,466 ) (1,109,113 )
NET CURRENT ASSETS (LIABILITIES) 1,162,277 448,645
TOTAL ASSETS LESS CURRENT LIABILITIES 1,343,912 600,992
Creditors: Amounts Falling Due After More Than One Year 8 (14,325 ) (15,595 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,749 ) -
NET ASSETS 1,327,838 585,397
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 1,327,738 585,297
SHAREHOLDERS' FUNDS 1,327,838 585,397
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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
Mrs Kirsty Vinegrad
Director
Miss Sharon Damerall
Director
24/03/2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
KS Education Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07265077 . The registered office is Roselyn House School, Moss Lane (off Wigan Road), Clayton le Woods, Leyland, Lancashire, PR25 4SE.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life.
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:
Leasehold Improvements to property 20% reducing balance
Plant & Machinery 33% on cost
Motor Vehicles 25% reducing balance
Fixtures & Fittings 33% on cost
Computer Equipment 33% on cost
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.6. 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 year 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 43 (2024: 40)
43 40
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2024 400,000
As at 31 August 2025 400,000
Amortisation
As at 1 September 2024 400,000
As at 31 August 2025 400,000
Net Book Value
As at 31 August 2025 -
As at 1 September 2024 -
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 September 2024 32,357 30,624 294,053 30,377
Additions 31,165 (3,129 ) 62,088 9,807
Disposals - - (43,675 ) -
As at 31 August 2025 63,522 27,495 312,466 40,184
Depreciation
As at 1 September 2024 20,972 24,566 173,099 27,984
Provided during the period 8,510 2,929 44,187 4,986
Disposals - - (37,383 ) -
As at 31 August 2025 29,482 27,495 179,903 32,970
Net Book Value
As at 31 August 2025 34,040 - 132,563 7,214
As at 1 September 2024 11,385 6,058 120,954 2,393
Computer Equipment Total
£ £
Cost
As at 1 September 2024 31,284 418,695
Additions 112 100,043
Disposals - (43,675 )
As at 31 August 2025 31,396 475,063
Depreciation
As at 1 September 2024 19,727 266,348
Provided during the period 3,851 64,463
Disposals - (37,383 )
As at 31 August 2025 23,578 293,428
Net Book Value
As at 31 August 2025 7,818 181,635
As at 1 September 2024 11,557 152,347
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 161,902 85,103
Prepayments and accrued income 45,866 23,086
Deferred tax current asset - 6,620
Directors' loan accounts 5,068 98,386
212,836 213,195
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 23,274 14,868
Corporation tax 318,458 134,059
Other taxes and social security 42,727 31,383
VAT 286,457 -
Other creditors 40,926 4,988
Accruals 5,650 4,050
Deferred income 1,493,335 919,765
Directors' loan accounts 8,639 -
2,219,466 1,109,113
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 14,325 15,595
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 23,274 14,868
Later than one year and not later than five years 14,325 15,595
37,599 30,463
37,599 30,463
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mrs Kirsty Vinegrad 38,603 4,204 51,445 - (8,638 )
Miss Sharon Damerall 59,783 9,003 63,719 - 5,067
The above loans are unsecured, interest free and repayable on demand.
12. Related Party Transactions
Rent of £36,000 (2024: £36,000) was paid to the KS Education Partnership of which the directors were members. 
13. Ultimate Controlling Party
The controlling party is both Ms K Willacy & Ms S Damerall due to their 50/50 shareholding. 
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