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Registered number: 10848260
Ivy House Learning Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
The Wow Company UK Ltd
3rd Floor, 86-90 Paul Street
London
EC2A 4NE
Ivy House Learning Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Ivy House Learning Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 10848260

| 2025 | 2024 as restated
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 5,485 |  | 49,803
Tangible Assets | 5 |  | 8,050 |  | 5,679
|  |  | 13,535 |  | 55,482
CURRENT ASSETS
Debtors | 6 | 532,688 |  | 628,229 |
Cash at bank and in hand |  | 1,099,829 |  | 565,568 |
|  | 1,632,517 |  | 1,193,797 |
Creditors: Amounts Falling Due Within One Year | 7 | (957,099 ) |  | (943,934 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 675,418 |  | 249,863
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 688,953 |  | 305,345
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (2,143 ) |  | (1,143 )
NET ASSETS |  |  | 686,810 |  | 304,202
CAPITAL AND RESERVES
Called up share capital |  |  | 1,390 |  | 1,390
Share premium account |  |  | 124,640 |  | 124,640
Profit and Loss Account |  |  | 560,780 |  | 178,172
SHAREHOLDERS' FUNDS |  |  | 686,810 |  | 304,202

Page 1
Page 2
Ivy House Learning Limited
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mrs Elke Edwards Director
2 June 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Ivy House Learning Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Ivy House Learning Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 10848260 . The registered office is Alldens Heath, Munstead Heath Road, Godalming, United Kingdom, GU8 4AR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recognised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the content and digital assets that make up The Award and Website design. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are Intellectual property. It is amortised to the profit and loss account over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment | 33% Straight line
Computer equipment | 33% Straight line

2.6. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment.
2.7. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
Page 4
Ivy House Learning Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.8. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees

| 2025 |  | 2024
--- | --- | --- | ---
Average number of employees, including directors, during the year | 22 |  | 19
| 22 |  | 19

Page 4
Page 5
Ivy House Learning Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Intangible Assets

| Award asset | Website design | Intellectual property | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 January 2025 | 274,519 | 11,750 | 74,000 | 360,269
As at 31 December 2025 | 274,519 | 11,750 | 74,000 | 360,269
Amortisation
As at 1 January 2025 | 232,551 | 3,915 | 74,000 | 310,466
Provided during the period | 41,968 | 2,350 | - | 44,318
As at 31 December 2025 | 274,519 | 6,265 | 74,000 | 354,784
Net Book Value
As at 31 December 2025 | - | 5,485 | - | 5,485
As at 1 January 2025 | 41,968 | 7,835 | - | 49,803

5. Tangible Assets

| Office equipment | Computer equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2025 | 5,023 | 31,065 | 36,088
Additions | - | 7,850 | 7,850
As at 31 December 2025 | 5,023 | 38,915 | 43,938
Depreciation
As at 1 January 2025 | 5,023 | 25,386 | 30,409
Provided during the period | - | 5,479 | 5,479
As at 31 December 2025 | 5,023 | 30,865 | 35,888
Net Book Value
As at 31 December 2025 | - | 8,050 | 8,050
As at 1 January 2025 | - | 5,679 | 5,679

Page 5
Page 6
Ivy House Learning Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6. Debtors

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 429,559 |  | 568,518
Other debtors | 103,129 |  | 59,711
| 532,688 |  | 628,229

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Trade creditors | 146,298 |  | 58,967
Bank loans and overdrafts | - |  | 24,479
Other creditors | 458,335 |  | 463,154
Taxation and social security | 352,466 |  | 397,334
| 957,099 |  | 943,934

Page 6