Registration number: 05143141

Realsmart Learning Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 8

Realsmart Learning Ltd

(Registration number: 05143141)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	9,439	18,850
Current assets
Debtors	5	41,874	45,532
Cash at bank and in hand		145,842	169,077
		187,716	214,609
Creditors: Amounts falling due within one year	6	(108,363)	(119,568)
Net current assets		79,353	95,041
Total assets less current liabilities		88,792	113,891
Creditors: Amounts falling due after more than one year	6	-	(7,907)
Net assets		88,792	105,984
Capital and reserves
Called up share capital	7	100	100
Retained earnings		88,692	105,884
Shareholders' funds		88,792	105,984

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 May 2026 and signed on its behalf by:
 

......................................... Mr G D ap Rhun ap Harri Director

Realsmart Learning Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
XP School
Middle bank
Doncaster
South Yorkshire
DN4 5NG

These financial statements were authorised for issue by the Board on 21 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Turnover from annual contracts is recognised at 90% in year of invoice and the remaining 10% is recognised on a monthly basis pro-rata.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Realsmart Learning Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	33.33% Straight line basis
Plant and machinery	25 - 50 % Straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Realsmart Learning Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 7).

Realsmart Learning Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 September 2024	68,059	68,059
Additions	18,370	18,370
At 31 August 2025	86,429	86,429
Depreciation
At 1 September 2024	49,209	49,209
Charge for the year	27,781	27,781
At 31 August 2025	76,990	76,990
Carrying amount
At 31 August 2025	9,439	9,439
At 31 August 2024	18,850	18,850

5

Debtors

	2025 £	2024 £
Trade debtors	35,475	38,528
Prepayments	6,399	7,004
	41,874	45,532

Realsmart Learning Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	7,907	10,319
Trade creditors		9,596	-
Amounts owed to related parties		2,595	2,249
Taxation and social security		11,007	13,996
Other creditors		9,935	4,310
Accrued expenses		67,323	88,694
		108,363	119,568

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	7,907

Realsmart Learning Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	-	-	100	100
Ordnary A Shares of £1 each	51	51	-	-
Ordinary B Shares of £1 each	47	47	-	-
Ordinary C Shares of £1 each	1	1	-	-
Ordinary D Shares of £1 each	1	1	-	-
	100	100	100	100

On 17 April 2025, the company reclassifed 100 £1 Ordinary Shares into the following:
51 £1 Ordinary A Shares
47 £1 Ordinary B Shares
1 £1 Ordinary C Share
1 £1 Ordinary D Share

Ordinary A and Ordinary B Shares entitle the holders to a dividend declared by the directors within that class of shares, one vote for every share, and the right to participate in a capital distribution pro rata to the number of Ordinary A and Ordinary B Shares as a percentage of the issued shares of all classes.

Ordinary C and Ordinary D Shares entitle holders to a dividend declared by the directors within that class of shares, and one vote for every share.

The share reorganisation did not alter the total issued share capital of the company.

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	7,907

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,907	10,319

Realsmart Learning Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £25,215 (2024 - £44,242).