REGISTERED NUMBER: 08555156 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

EDUCATIUS UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A K R Ljungdahl

B D Bengtsson

SECRETARY:

Ms M C Harrison

REGISTERED OFFICE:

12 Ashfield House

Ashfield Road

Cheadle

Cheshire

SK8 1BB

REGISTERED NUMBER:

08555156 (England and Wales)

AUDITORS:

Wallwork Nelson & Johnson

Chartered Accountants & Statutory Auditors

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

5

5,791

13,475

CURRENT ASSETS

Debtors: amounts falling due within one year

6

2,615,407

2,084,419

Debtors: amounts falling due after more than one year

6

29,210

29,209

Cash at bank

3,745,075

2,732,796

6,389,692

4,846,424

CREDITORS

Amounts falling due within one year

7

5,205,501

4,149,996

NET CURRENT ASSETS

1,184,191

696,428

TOTAL ASSETS LESS CURRENT LIABILITIES

1,189,982

709,903

PROVISIONS FOR LIABILITIES

9

1,448

3,369

NET ASSETS

1,188,534

706,534

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

1,188,434

706,434

SHAREHOLDERS' FUNDS

1,188,534

706,534

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 Statement of Profit and Loss and Other Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2026 and were signed on its behalf by:

B D Bengtsson - Director

1.	STATUTORY INFORMATION

Educatius UK 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.

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

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company's immediate parent undertaking, Educatius Group AB, includes the company in its consolidated financial statements.

The consolidated financial statements of Educatius Group AB are prepared in accordance with , Swedish GAAP, are available to the public and may be obtained from the address given in the notes to the financial statements.

In these financial statements, the company is considered to be a qualifying entity (for the purposes of this FRS) and has applied the exemptions available under FRS 102 in respect of the below disclosures:

- the requirements of Section 7 Statement of Cash Flows;

- the requirement of paragraph 33.7.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of services, net of discounts, rebates, Value Added Tax and other sales taxes.

Revenue from the provision of services, is recognised by reference to the the dates students are placed on study programs, provided that the value can be assessed with reasonable certainty and where it is probable that the economic benefits associated with the transaction will flow to the company.

Turnover and associated costs are recognised for the full term of the program, from the date of placement.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the costs of fixed assets, less their estimated residual value, over their expected useful lives on the following basis;

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery - 20% reducing balance

Fixtures and fittings - 20% reducing balance

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 the Statement of Profit and Loss and Other Comprehensive Income.

Taxation

Tax is recognised in the Statement of Profit and Loss and Other Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity, respectively.

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

Foreign currencies

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end, foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Profit and Loss and Other Comprehensive Income except where deferred in Other Comprehensive Income as qualifying cash flow hedges.

Operating leases: the company as lessee

Rentals paid under operating leases are charged to the Statement of Profit and Loss and Other Comprehensive Income on a straight line basis over the lease term.

Pension costs and other post-retirement benefits

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 the Statement of Profit and Loss and Other Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

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.

Creditors

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

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.

Going concern

The Directors, having reviewed the forecast results and financial position of the Company, are satisfied that the Company has sufficient financial support and resources to continue in operation for the foreseeable future, Therefore they continue to adopt the going concern basis of accounting in preparing the financial statements.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 17 ) .

4.	AUDITORS' REMUNERATION

31/8/25

31/8/24

£

£

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

12,000

10,800

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 September 2024

15,752

7,509

23,261

Additions

4,777

1,403

6,180

At 31 August 2025

20,529

8,912

29,441

DEPRECIATION

At 1 September 2024

5,667

4,119

9,786

Charge for year

11,031

2,833

13,864

At 31 August 2025

16,698

6,952

23,650

NET BOOK VALUE

At 31 August 2025

3,831

1,960

5,791

At 31 August 2024

10,085

3,390

13,475

6.

DEBTORS

31/8/25

31/8/24

£

£

Amounts falling due within one year:

Trade debtors

50,318

92,649

Amounts owed by group undertakings

2,521,542

1,877,596

Tax

9,858

9,858

Prepayments and accrued income

33,689

104,316

2,615,407

2,084,419

Amounts falling due after more than one year:

Other debtors

29,210

29,209

Aggregate amounts

2,644,617

2,113,628

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade creditors

43,057

134,794

Amounts owed to group undertakings

22,195

3,594

Tax

140,467

80,990

Accruals and deferred income

4,999,782

3,930,618

5,205,501

4,149,996

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/8/25

31/8/24

£

£

Within one year

30,975

26,372

Between one and five years

118,800

15,563

In more than five years

34,650

-

184,425

41,935

9.	PROVISIONS FOR LIABILITIES

31/8/25

31/8/24

£

£

Deferred tax

1,448

3,369

Deferred

tax

£

Balance at 1 September 2024

3,369

Provided during year

(1,921

)

Balance at 31 August 2025

1,448

10.

RESERVES

Retained

earnings

£

At 1 September 2024

706,434

Profit for the year

482,000

At 31 August 2025

1,188,434

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Johnson (Senior Statutory Auditor)

for and on behalf of Wallwork Nelson & Johnson

12.	PENSION COMMITMENTS

The entity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the entity in an independently administered fund. The pension charge represents contributions paid by the entity to the fund and amounted to £36,561 (2024: £33,287).

13.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Educatius Group AB, a Swedish limited liability company with registration number 556721-0819.

The company's ultimate parent and controlling party is Trill Invest AB, a Swedish limited liability company with registration number 556759-3123.

The smallest group in which the results of the company were consolidated is that headed by Educatius Group AB. The consolidated financial statements of the group are available to the public and may be obtained from Kaserntorget 6, 411 18 Gothenburg, Sweden.

The largest group in which the results of the company were consolidated is that headed by Trill Invest AB. The consolidated financial statements of the group are available to the public and may be obtained from Sveavagen 17, 111 57 Stockholm, Sweden.