Company No: 09274875 (England and Wales)

Contents

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

DIRECTORS	Mr A Leary
	Mrs O Leary
	Mr F W Roche (Appointed 08 September 2025)
	Mr O Stevens (Resigned 01 August 2025)

REGISTERED OFFICE	17 Queens Lane
	Newcastle Upon Tyne
	NE1 1RN
	United Kingdom

COMPANY NUMBER

09274875 (England and Wales)

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

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	1,688,584		1,293,765
Tangible assets	4	92,969		128,189
		1,781,553		1,421,954
Current assets
Debtors	5	366,420		526,756
Cash at bank and in hand		1,454,041		1,328,724
		1,820,461		1,855,480
Creditors: amounts falling due within one year	6	( 2,317,228)		( 2,771,716)
Net current liabilities		(496,767)		(916,236)
Total assets less current liabilities		1,284,786		505,718
Creditors: amounts falling due after more than one year	7	( 921,777)		( 20,768)
Provision for liabilities		( 30,952)		( 30,952)
Net assets		332,057		453,998
Capital and reserves
Called-up share capital		125		125
Share premium account		158,685		158,685
Profit and loss account		173,247		295,188
Total shareholder's funds		332,057		453,998

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 member has 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 Bedrock Learning Ltd (registered number: 09274875) were approved and authorised for issue by the Board of Directors on 28 May 2026. They were signed on its behalf by:

Mr A Leary 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

Bedrock Learning Ltd (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 17 Queens Lane, Newcastle Upon Tyne, NE1 1RN, 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 Bedrock Learning Ltd 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.

Turnover

Turnover is measured at fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover comprises of sales of a subscription service, this is recognised on a straight line basis over the length of the subscription.
Subscriptions which relate to later periods are deferred and released to turnover over the period they relate to.

Taxation

Current tax
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities and other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Current and deferred tax assets and liabilities are not discounted.

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

5 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:

Plant and machinery etc.	4 years straight line
	25 % 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.

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.

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	22		28

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 September 2024	2,361,190		2,361,190
Additions	813,555		813,555
At 31 August 2025	3,174,745		3,174,745
Accumulated amortisation
At 01 September 2024	1,067,425		1,067,425
Charge for the financial year	418,736		418,736
At 31 August 2025	1,486,161		1,486,161
Net book value
At 31 August 2025	1,688,584		1,688,584
At 31 August 2024	1,293,765		1,293,765

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 September 2024	199,983		199,983
Additions	6,496		6,496
Disposals	( 34,069)		( 34,069)
At 31 August 2025	172,410		172,410
Accumulated depreciation
At 01 September 2024	71,794		71,794
Charge for the financial year	34,849		34,849
Disposals	( 27,202)		( 27,202)
At 31 August 2025	79,441		79,441
Net book value
At 31 August 2025	92,969		92,969
At 31 August 2024	128,189		128,189

5. Debtors

	2025		2024
	£		£
Trade debtors	175,994		426,337
Corporation tax	6,951		0
Other debtors	183,475		100,419
	366,420		526,756

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	130,286		28,770
Trade creditors	101,819		99,034
Taxation and social security	200,934		177,859
Other creditors	1,884,189		2,466,053
	2,317,228		2,771,716

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

	2025		2024
	£		£
Bank loans	498,341		20,768
Other creditors	423,436		0
	921,777		20,768

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

8. Related Parties

Mr A S Leary

	2025		2024
	£		£
Opening Balance	86,250		34,904
Advances	19,882		51,346
	0		0
	106,132		86,250

The above loan has an interest charge of 2.25% until 5th April 2025, and 3.75% from 6th April 2025 - 31st August 2025. This is unsecured and repayable on demand.