Registration number: 04399845

Bredon School Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 8

Bredon School Ltd

Company Information

Directors

E E Gibson A N Hassan N Wergan

Registered office

58 Buckingham Gate London SW1E 6AJ

Auditors

Hazlewoods LLP Windsor House Bayshill Road Cheltenham GL50 3AT

Bredon School Ltd

(Registration number: 04399845)
Balance Sheet as at 31 August 2025

	Note	2025  £	2024  £
Fixed assets
Tangible assets	4	1,947,032	2,046,495
Current assets
Stocks	5	16,140	22,563
Debtors	6	2,404,964	1,830,720
Cash at bank and in hand		523,472	1,203,834
		2,944,576	3,057,117
Creditors: Amounts falling due within one year	7	(4,104,635)	(4,281,404)
Net current liabilities		(1,160,059)	(1,224,287)
Total assets less current liabilities		786,973	822,208
Deferred tax liabilities		(175,738)	(161,398)
Net assets		611,235	660,810
Capital and reserves
Called up share capital		100	100
Profit and loss account		611,135	660,710
Total equity		611,235	660,810

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 27 May 2026 and signed on its behalf by:
 

E E Gibson
Director

Bredon School Ltd

Notes to the 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:
58 Buckingham Gate
London
SW1E 6AJ

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 for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Name of parent of group

These financial statements are consolidated in the financial statements of Burlington Education Holdings Limited.

The financial statements of Burlington Education Holdings Limited may be obtained from Companies House.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Judgements and estimation uncertainty

These financial statements do not contain any significant judgements or estimation uncertainty.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the 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 and after eliminating sales within the company. 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.

Bredon School Ltd

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

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

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 over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold property	Over the term of the lease
Fixtures, fittings, plant and machinery	3 - 14 years straight line
Motor vehicles	3 or 10 years straight line
Computer equipment	3 years straight line

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 services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. All debtors are repayable within one year and are hence included at the undiscounted amount of the cash expected to be received. A provision for the impairment of trade debtors is established when there is objective evidence that the group will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

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 all are repayable within one year and hence are included at the undiscounted amount of cash expected to be paid.

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.

Bredon School Ltd

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

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.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

 Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

 Impairment
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 profit or loss as described below.

A non financial asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

Bredon School Ltd

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

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was as follows:

	2025  No.	2024  No.
Average number of employees	149	107

4

Tangible assets

	Leasehold property £	Fixtures, fittings, plant and machinery  £	Motor vehicles  £	Computer equipment  £	Total £
Cost
At 1 September 2024	3,509,391	1,165,754	76,348	553,257	5,304,750
Additions	151,239	166,450	10,149	6,385	334,223
At 31 August 2025	3,660,630	1,332,204	86,497	559,642	5,638,973
Depreciation
At 1 September 2024	1,802,454	913,412	54,551	487,838	3,258,255
Charge for the year	257,592	132,661	8,086	35,347	433,686
At 31 August 2025	2,060,046	1,046,073	62,637	523,185	3,691,941
Carrying amount
At 31 August 2025	1,600,584	286,131	23,860	36,457	1,947,032
At 31 August 2024	1,706,937	252,342	21,797	65,419	2,046,495

5

Stocks

	2025  £	2024  £
Consumables	16,140	22,563

6

Debtors

	2025  £	2024  £
Trade debtors	1,519,487	997,947
Amounts owed by group undertakings	690,993	644,138
Other debtors	75,850	90,556
Prepayments	118,634	82,453
Corporation tax asset	-	15,626
	2,404,964	1,830,720

Bredon School Ltd

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

7

Creditors

	2025  £	2024  £
Due within one year
Trade creditors	55,087	44,739
Amounts due to group undertakings	137,372	138,664
Social security and other taxes	497,335	73,869
Outstanding pension costs	51,772	59,009
Other creditors	11,349	8,477
Accrued expenses	177,567	274,665
Deferred income and fee deposits	3,174,153	3,681,981
	4,104,635	4,281,404

8

Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025  £	2024  £
Not later than one year	256,971	258,992
Later than one year and not later than five years	210,483	375,491
	467,454	634,483

9

Pension and other schemes

Defined contribution pension scheme

The company operates a defined contribution pension scheme for some of its employees. Certain other of the company's employees belong to the Teacher's Pension Scheme for England and Wales (TPS) which is a defined benefit scheme. Under the definition set out in Financial Reporting Standard 102 (FRS 102), the TPS is a multi-employer pension scheme. The company is unable to identify its share of the underlying assets and liabilities of the scheme. Accordingly, the company has taken advantage of the exemption in FRS 102 and has accounted for its contributions to the scheme as if it were a defined contribution scheme.

The total pension cost charge for both schemes represents contributions payable by the company amounting to £579,133 (2024 - £479,154). Contributions totalling £51,772 (2024 - £59,009) were payable to the schemes at the end of the year and are included in creditors.

10

Contingent liabilities

The company is bound by an intra-group cross guarantee in respect of bank debt with other members of the group, headed by its parent undertaking, Burlington Education Holdings Limited. The amount guaranteed at 31 August 2025 is £192,085,000 (2024 - £111,400,000).

11

Parent and ultimate parent undertaking

The company's immediate parent is Cavendish Bredon Limited, incorporated in England and Wales.

The ultimate parent is Burlington Education Partners Holdings Limited, incorporated in Guernsey, which is considered to have no single ultimate controlling party.

Bredon School Ltd

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

12

Disclosure under Section 444(5B) CA 2006 relating to the independent auditor's report

As permitted by Section 444 CA 2006, these accounts do not contain a copy of the company’s Profit and Loss account or a copy of the Directors’ Report. Accordingly, the Independent Auditors’ Report has also been omitted.

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 28 May 2026 was Simon Worsley, who signed for and on behalf of Hazlewoods LLP.