Company No: 01381691 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Patricia Mullen
	Caroline Susannah Preston
	Trevor Jonathon Udberg

SECRETARY

Patricia Mullen

REGISTERED OFFICE	7-15 Gallowgate
	Newcastle Upon Tyne
	NE1 4SG
	United Kingdom

COMPANY NUMBER

01381691 (England and Wales)

ACCOUNTANT	S&W Partners Newcastle Limited
	17 Queens Lane
	Newcastle
	NE1 1RN

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	387,054		377,291
		387,054		377,291
Current assets
Stocks		1,020		2,254
Debtors	5	70,642		109,340
Cash at bank and in hand		( 116,455)		636
		(44,793)		112,230
Creditors: amounts falling due within one year	6	( 627,113)		( 482,410)
Net current liabilities		(671,906)		(370,180)
Total assets less current liabilities		(284,852)		7,111
Creditors: amounts falling due after more than one year	7	( 5,208)		( 15,512)
Net liabilities		( 290,060)		( 8,401)
Capital and reserves
Called-up share capital		67		67
Capital redemption reserve		33		33
Profit and loss account		( 290,160 )		( 8,501 )
Total shareholders' deficit		( 290,060)		( 8,401)

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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Northumbria International School of English Limited (registered number: 01381691) were approved and authorised for issue by the Board of Directors on 27 May 2026. They were signed on its behalf by:

Patricia Mullen Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Northumbria International School of English Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 7-15 Gallowgate, Newcastle Upon Tyne, NE1 4SG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Northumbria International School of English Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Revenue arising from the provision of services is recognised by reference to the stage of completion as follows:
[include details of the specific recognition and measurement policies for each significant type of service provided]
When the stage of completion cannot be measured reliably revenue is recognised up to the extent of recoverable expenses and accordingly no profit is recognised.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

3 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	depreciated over the life of the lease
Plant and machinery	15 % reducing balance
Fixtures and fittings	15 % reducing balance
Computer equipment	5 years straight line
	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	30		35

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 September 2024	88,400		88,400
At 31 August 2025	88,400		88,400
Accumulated amortisation
At 01 September 2024	88,400		88,400
At 31 August 2025	88,400		88,400
Net book value
At 31 August 2025	0		0
At 31 August 2024	0		0

4. Tangible assets

	Land and buildings		Plant and machinery		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 September 2024	644,280		27,385		139,074		183,843		994,582
Additions	25,000		0		893		19,512		45,405
At 31 August 2025	669,280		27,385		139,967		203,355		1,039,987
Accumulated depreciation
At 01 September 2024	323,733		21,588		111,675		160,295		617,291
Charge for the financial year	24,387		869		4,306		6,080		35,642
At 31 August 2025	348,120		22,457		115,981		166,375		652,933
Net book value
At 31 August 2025	321,160		4,928		23,986		36,980		387,054
At 31 August 2024	320,547		5,797		27,399		23,548		377,291

5. Debtors

	2025		2024
	£		£
Trade debtors	9,053		31,785
Other debtors	61,589		77,555
	70,642		109,340

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts (secured)	0		44,662
Trade creditors	95,319		46,709
Taxation and social security	31,110		55,529
Other creditors	500,684		335,510
	627,113		482,410

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other creditors	5,208		15,512

There are no amounts included above in respect of which any security has been given by the small entity.

8. Financial commitments

Commitments

	2025		2024
	£		£
Total future minimum lease payments under non-cancellable operating leases	0		1,852,231

9. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Balance outstanding at start of year	21,906		21,278
Amounts advanced	0		628
Amounts repaid	(9,710)		0
Balance outstanding at end of year	12,196		21,906

The above loans attract interest at rates between 0% to 2.5%, are unsecured and are repayable on demand.