ACCOUNTS - Final Accounts preparation

Registered number: 16010464

INTELLEGO EDUCATION SERVICES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

INTELLEGO EDUCATION SERVICES LIMITED

REGISTERED NUMBER: 16010464

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025

		2025
Note		£

Fixed assets
Tangible assets	4		5,443
			5,443
Current assets
Debtors: amounts falling due within one year	5	979,972
Cash at bank and in hand		367,539
		1,347,511
Creditors: amounts falling due within one year	6	(1,101,874)
Net current assets			245,637
Total assets less current liabilities			251,080
Creditors: amounts falling due after more than one year	7		(819,946)

Net liabilities			(568,866)

Capital and reserves
Called up share capital			1,450,002
Profit and loss account			(2,018,868)
Shareholders' deficit			(568,866)

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INTELLEGO EDUCATION SERVICES LIMITED

REGISTERED NUMBER: 16010464

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:

................................................

S M Spurr

Director

Date: 28 May 2026

The notes on pages 3 to 7 form part of these financial statements.

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INTELLEGO EDUCATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

1.	General information

Intellego Education Services Limited is a private company, limited by shares, domiciled and incorporated in England and Wales (registered number: 16010464). The registered office address is 29 Farm Street, London, England W1J 5RL.

2.Accounting policies

2.1

Basis of preparation of financial statements

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:

2.2

Going concern

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 £568,866. The Company operates as a provider of professional services to group companies. The net liability position at the balance sheet date reflects the Company's trading position at the balance sheet date, as the group companies to which the Company provides its services did not commence full trading activity until September 2025. As a result, no charge was made to the group companies in respect of the services provided by the Company in the period ended 31 August 2025. The directors have a reasonable expectation that in future periods, income will be generated by the Company once the related group companies become fully operational. 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 7 April 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.

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INTELLEGO EDUCATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

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 the 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 profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.6

Pensions

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.

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INTELLEGO EDUCATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.7

Tangible fixed assets

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:

Computer equipment

20%

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.

Employees

The average monthly number of employees, including directors, during the period was 4.

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	Additions	6,065
	At 31 August 2025	6,065
	Depreciation
	Charge for the period	622
	At 31 August 2025	622
	Net book value
	At 31 August 2025	5,443

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INTELLEGO EDUCATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

5.	Debtors: amounts falling due within one year

					2025
					£


	Trade debtors	17,839
	Amounts owed by group undertakings	78,144
	Other debtors	128,359
	Prepayments and accrued income	755,630
		979,972

Amounts owed by group undertakings have no fixed repayment date, are repayable on demand and do not bear interest.

6.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	398,619
	Amounts owed to group undertakings	640,878
	Other taxation and social security	44,183
	Other creditors	6,744
	Accruals and deferred income	11,450
		1,101,874

Amounts owed by group undertakings have no fixed repayment date, are repayable on demand and do not bear interest.

7.	Creditors: Amounts falling due after more than one year
		2025
		£

	Other loans	819,946
		819,946

Other loans related to an unsecured shareholder loan which is repayable in 5 years after each draw down. £546,971 is repayable on 7 April 2030 and £260,132 on 30 July 2030. The balance includes accrued interest of £12,843. Interest is charged at 4.75% p.a..

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INTELLEGO EDUCATION SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

8.	Loans
	Analysis of the maturity of loans is given below:
		2025
		£



	Amounts falling due 2-5 years
	Other loans	819,946

		819,946

9.	Controlling party

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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