Learn Play Nexus (GB) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05550901

Learn Play Nexus (GB) Limited

Filleted Unaudited Financial Statements

31 August 2025

Learn Play Nexus (GB) Limited

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		201,346	229,239

Current assets

Stocks		64,492	72,778
Debtors	6	338,995	222,189
Cash at bank and in hand		3,755	3,443
		---------	---------
		407,242	298,410

Creditors: amounts falling due within one year	7	715,220		251,885
		---------		---------
Net current (liabilities)/assets			( 307,978)	46,525
			---------	---------
Total assets less current liabilities			( 106,632)	275,764

Creditors: amounts falling due after more than one year	8	180,219	220,975
		---------	---------
Net (liabilities)/assets		( 286,851)	54,789
		---------	---------

Capital and reserves

Called up share capital	3	3
Profit and loss account	( 286,854)	54,786
	---------	--------
Shareholders (deficit)/funds	( 286,851)	54,789
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The 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 Act with respect to accounting records and the preparation of financial statements .

Learn Play Nexus (GB) Limited

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 26 August 2026 , and are signed on behalf of the board by:

Mr G R Strange
Director

Company registration number: 05550901

Learn Play Nexus (GB) Limited

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Nexus House, Lakeside Business Park, South Cerney, Cirencester, Gloucestershire, GL7 5XL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the Company’s future cash flows and financial position and are satisfied that the Company will have sufficient resources to continue in operational existence, assuming that creditors do not seek immediate repayment of amounts currently outstanding.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	20% straight line
Motor vehicles	-	25% straight line
Equipment	-	25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

The company contributes to the pension schemes of employees in accordance with auto enrolment regulations.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 35 (2024: 29 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 September 2024	4,170	330,647	250	335,067
Additions	–	50,977	–	50,977
	-------	---------	----	---------
At 31 August 2025	4,170	381,624	250	386,044
	-------	---------	----	---------
Depreciation
At 1 September 2024	3,794	101,909	125	105,828
Charge for the year	120	78,690	60	78,870
	-------	---------	----	---------
At 31 August 2025	3,914	180,599	185	184,698
	-------	---------	----	---------
Carrying amount
At 31 August 2025	256	201,025	65	201,346
	-------	---------	----	---------
At 31 August 2024	376	228,738	125	229,239
	-------	---------	----	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	–	20,593
Other debtors	338,995	201,596
	---------	---------
	338,995	222,189
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,033	4,883
Trade creditors	76,221	90,909
Social security and other taxes	26,445	21,388
Other creditors	607,521	134,705
	---------	---------
	715,220	251,885
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	22,551	27,648
Other creditors	157,668	193,327
	---------	---------
	180,219	220,975
	---------	---------

Included within creditors: amounts falling due after more than one year is an amount of £7,352 (2024: £7,216) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.