Educom Homes Limited
Unaudited Financial Statements
For the year ended 30 November 2025
Pages for Filing with Registrar
Company Registration No. 10474845 (England and Wales)
Educom Homes Limited
Contents
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
Educom Homes Limited
Balance Sheet
As at 30 November 2025
Page 1
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,194
2,785
Investment property
4
1,518,078
1,459,844
1,519,272
1,462,629
Current assets
Debtors
5
9,079
350,231
Cash at bank and in hand
689,141
342,447
698,220
692,678
Creditors: amounts falling due within one year
6
(2,005,949)
(2,016,836)
Net current liabilities
(1,307,729)
(1,324,158)
Net assets
211,543
138,471
Capital and reserves
Called up share capital
7
2
2
Profit and loss reserves
211,541
138,469
Total equity
211,543
138,471

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 10 July 2026 and are signed on its behalf by:
D Butterfield
Director
Company Registration No. 10474845
Educom Homes Limited
Statement of Changes in Equity
For the year ended 30 November 2025
Page 2
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 December 2023
2
74,670
74,672
Year ended 30 November 2024:
Profit and total comprehensive income
-
63,799
63,799
Balance at 30 November 2024
2
138,469
138,471
Year ended 30 November 2025:
Profit and total comprehensive income
-
73,072
73,072
Balance at 30 November 2025
2
211,541
211,543
EDUCOM HOMES LIMITED
Educom Homes Limited
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 30 November 2025
Page 3
1
Accounting policies
Company information

Educom Homes Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6th Floor, 9 Appold Street, London, EC2A 2AP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company is dependant on ongoing financial support from the directors who have indicated they will continue to support the company for at least a year from the date of approval of these financial statements.

1.3
Turnover

Turnover represents the fair value of rent received during the period. Turnover is recognised as contract activity progresses and the right to consideration is earned. Fair value reflects the amount expected to be recoverable and is based on services provided and expenses incurred.

1.4
Tangible fixed assets

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
Over 4 years at 25% on a straight line basis
1.5
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss account.

1.6
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

EDUCOM HOMES LIMITED
Educom Homes Limited
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 30 November 2025
1
Accounting policies
(Continued)
Page 4
1.7
Debtors and creditors

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans and other debtors receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors and other current creditors payable on demand are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

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

2025
2024
Number
Number
Total
2
2
EDUCOM HOMES LIMITED
Educom Homes Limited
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 30 November 2025
Page 5
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2024 and 30 November 2025
6,365
Depreciation and impairment
At 1 December 2024
3,580
Depreciation charged in the year
1,591
At 30 November 2025
5,171
Carrying amount
At 30 November 2025
1,194
At 30 November 2024
2,785
4
Investment property
2025
£
Fair value
At 1 December 2024
1,459,844
Revaluations
58,234
At 30 November 2025
1,518,078

A valuation of the investment properties was made as at 30 November 20 25 by the directors, on a fair value basis. No depreciation is provided in respect of investment property.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
345,041
Other debtors
9,079
5,190
9,079
350,231
EDUCOM HOMES LIMITED
Educom Homes Limited
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 30 November 2025
Page 6
6
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
3,862
14,845
Other creditors
1,995,094
1,995,094
Accruals and deferred income
6,993
6,897
2,005,949
2,016,836
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2
2
2
2
8
Related party transactions
Transactions with related parties

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due to related parties
£
£
Key management personnel
1,989,904
1,989,904

These amounts are interest free and repayable on demand.

2025-11-30 2024-12-01 false false false CCH Software CCH Accounts Production 2026.100 No description of principal activity D Butterfield L J Butterfield 10474845 2024-12-01 2025-11-30 10474845 2025-11-30 10474845 2024-11-30 10474845 core:OtherPropertyPlantEquipment 2025-11-30 10474845 core:OtherPropertyPlantEquipment 2024-11-30 10474845 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 10474845 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 10474845 core:ShareCapital 2025-11-30 10474845 core:ShareCapital 2024-11-30 10474845 core:RetainedEarningsAccumulatedLosses 2025-11-30 10474845 core:RetainedEarningsAccumulatedLosses 2024-11-30 10474845 core:ShareCapitalOrdinaryShareClass1 2025-11-30 10474845 core:ShareCapitalOrdinaryShareClass1 2024-11-30 10474845 bus:Director1 2024-12-01 2025-11-30 10474845 core:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 10474845 2023-12-01 2024-11-30 10474845 core:RetainedEarningsAccumulatedLosses 2024-12-01 2025-11-30 10474845 core:FurnitureFittings 2024-12-01 2025-11-30 10474845 core:OtherPropertyPlantEquipment 2024-11-30 10474845 core:OtherPropertyPlantEquipment 2024-12-01 2025-11-30 10474845 2024-11-30 10474845 core:CurrentFinancialInstruments 2025-11-30 10474845 core:CurrentFinancialInstruments 2024-11-30 10474845 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 10474845 bus:OrdinaryShareClass1 2025-11-30 10474845 bus:OrdinaryShareClass1 2024-11-30 10474845 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 10474845 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 10474845 bus:FRS102 2024-12-01 2025-11-30 10474845 bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 10474845 bus:Director2 2024-12-01 2025-11-30 10474845 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP