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Registered number: 16010460
INTELLEGO EDUCATION PARTNERS UK LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
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INTELLEGO EDUCATION PARTNERS UK LIMITED
REGISTERED NUMBER: 16010460
STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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INTELLEGO EDUCATION PARTNERS UK LIMITED
REGISTERED NUMBER: 16010460
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2025
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and the members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.
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.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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M S Spurr
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The notes on pages 3 to 8 form part of these financial statements.
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INTELLEGO EDUCATION PARTNERS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
Intellego Education Partners UK Limited is a private company, limited by shares, domiciled and incorporated in England and Wales (registered number: 16010460). The registered office address is St John's Beaumont Priest Hill, Old Windsor, Windsor, England SL4 2JN.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern.
At 31 August 2025, the Company had net liabilities of £416,985. This reflects the Company's trading position at the balance sheet date, as the boarding school operated by the Company commences trading activities from September 2025. Fees raised in respect of the academic year beginning in September 2025 are accordingly recorded as deferred income at 31 August 2025. Cash flow projections have been prepared which confirm the directors’ expectation that the Company is able to meet its financial obligations as they fall due for a period of at least 12 months from the date on which these accounts are signed. Particular consideration has been given to the future cash flows associated with the Company's loan financing, which is long term, with first repayment due on 30 January 2030.
In making their assessment, the directors have also considered the support provided by the parent company Tempus Holdings 127 S.A.R.L..
Having considered the above, the directors have concluded that they have reasonable expectation that the Company will have adequate cash resources to continue in operational existence for at least one year from signing the accounts and for this reason they continue to adopt the going concern basis in preparing the financial statements of the Company.
Interest income is recognised in profit or loss using the effective interest method.
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
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INTELLEGO EDUCATION PARTNERS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
2.Accounting policies (continued)
Defined contribution pension plan
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 profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
The estimated useful lives range as follows:
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
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 profit or loss.
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INTELLEGO EDUCATION PARTNERS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
2.Accounting policies (continued)
Financial assets and financial liabilities are recognised in the Statement of Financial Position when the Company becomes a party to the contractual provisions of the instrument.
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the Company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank, short-term bank deposits with an original maturity of three months or less and bank overdrafts which are an integral part of the Company's cash management.
Financial liabilities and equity instruments issued by the Company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities. Equity instruments issued by the Company are recorded at the proceeds received, net of direct issue costs.
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The average monthly number of employees, including directors, during the period was 6.
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INTELLEGO EDUCATION PARTNERS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
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INTELLEGO EDUCATION PARTNERS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
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Debtors: amounts falling due within one year
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Amounts owed by group undertakings
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Prepayments and accrued income
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Amounts owed by group undertakings have no fixed repayment date, are repayable on demand and do not bear interest.
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Creditors: amounts falling due within one year
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Other taxation and social security
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Accruals and deferred income
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Creditors: amounts falling due after more than one year
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Other loans related to an unsecured shareholder loan which is repayable in full 5 years after each draw down. £615,000 is repayable on 30 January 2030, £115,692 on 7 April 2030 and £5,299,225 on 30 July 2030. The balance includes accrued interest of £42,173. Interest is charged at 4.75% p.a.
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INTELLEGO EDUCATION PARTNERS UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
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Analysis of the maturity of loans is given below:
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Amounts falling due 2-5 years
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The ultimate controlling party is Tempus Holdings 127 S.A.R.L. a company incorporated and registered in Luxembourg whose registered office is at 8, Rue Lou Hemmer, Senningerberg, Luxemburg, L-1748.
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