REGISTERED NUMBER: 08383146 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Riverside Education Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Copeland

Dr A Zenenga

REGISTERED OFFICE:

First House

Sutton Street

Birmingham

West Midlands

B1 1PE

REGISTERED NUMBER:

08383146 (England and Wales)

ACCOUNTANTS:

TAG Accountants Group Limited

Unit 8, Pendeford Place

Pendeford Business Park

Wobaston Road

Wolverhampton

WV9 5HD

FIXED ASSETS

Tangible assets

4

1,243,937

1,277,622

CURRENT ASSETS

Debtors

5

2,144,349

2,564,720

Cash at bank

1,535,235

515,231

3,679,584

3,079,951

CREDITORS

Amounts falling due within one year

6

650,154

1,034,856

NET CURRENT ASSETS

3,029,430

2,045,095

TOTAL ASSETS LESS CURRENT LIABILITIES

4,273,367

3,322,717

PROVISIONS FOR LIABILITIES

4,664

11,558

NET ASSETS

4,268,703

3,311,159

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

4,268,603

3,311,059

SHAREHOLDERS' FUNDS

4,268,703

3,311,159

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

Mr A Copeland - Director

1.	STATUTORY INFORMATION

Riverside Education Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

at variable rates on reducing balance

Plant and machinery etc

-

33% on reducing balance, 33% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 49 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

1,200,665

272,626

1,473,291

Additions

-

20,580

20,580

Disposals

-

(7,561

)

(7,561

)

At 31 August 2025

1,200,665

285,645

1,486,310

DEPRECIATION

At 1 September 2024

32,331

163,338

195,669

Charge for year

6,604

40,100

46,704

At 31 August 2025

38,935

203,438

242,373

NET BOOK VALUE

At 31 August 2025

1,161,730

82,207

1,243,937

At 31 August 2024

1,168,334

109,288

1,277,622

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

431,081

294,951

Other debtors

1,713,268

2,269,769

2,144,349

2,564,720

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

5,358

30,023

Taxation and social security

423,001

669,176

Other creditors

221,795

335,657

650,154

1,034,856

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

ORDINARY

1

100

100

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Mr A Copeland

Balance outstanding at start of year

6,684

233,833

Amounts advanced

-

9,851

Amounts repaid

(13,765

)

(237,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(7,081

)

6,684

Dr A Zenenga

Balance outstanding at start of year

1,086,613

263,115

Amounts advanced

-

823,498

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,086,613

1,086,613