TED GRANT EDUCATION PROJECT LTD

Registered number

08561496

Filleted Accounts

31 December 2025

TED GRANT EDUCATION PROJECT LTD
Registered number:		08561496
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,467,203			2,444,789
Investments	4		1			1
			2,467,204			2,444,790

Current assets
Debtors	5	10,346			15,000
Cash at bank and in hand		331,878			84,242
		342,224			99,242

Creditors: amounts falling due within one year	6	(17,234)			(26,713)

Net current assets			324,990			72,529

Net assets			2,792,194			2,517,319

Reserves
Surplus/ (Deficit)			2,792,194			2,517,319

Reserves			2,792,194			2,517,319

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Fernando Gianfranco Eddie D'ALESSANDRO
Director
Approved by the board on 18 September 2026

TED GRANT EDUCATION PROJECT LTD
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Donations are recognised as income when the company becomes entitled to the funds, receipt is probable, and the amount can be measured reliably. Donations subject to specified future performance-related conditions are deferred and recognised as a liability in the Balance Sheet; they are subsequently released to the Profit and Loss account as income only when those conditions are fully satisfied.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less aaccumulated depreciation and accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	No depreciation charge
	Plant and machinery	over 3 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Emplooyee benefits and pensions
	The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or non-current assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			22		15

3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 January 2025	2,439,843		6,777		2,446,620
	Additions	21,775		3,482		25,257
	At 31 December 2025	2,461,618		10,259		2,471,877

	Depreciation
	At 1 January 2025	-		1,831		1,831
	Charge for the year	-		2,843		2,843
	At 31 December 2025	-		4,674		4,674

	Net book value
	At 31 December 2025	2,461,618		5,585		2,467,203
	At 31 December 2024	2,439,843		4,946		2,444,789


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 January 2025					1

	At 31 December 2025					1
	Subsidiary: Wellred Books Ltd, Shares Held: 100% Registered office: Wellred Books Ltd, 4th Floor, 18 St. Cross Street, London, EC1N 8UN The principal activity of Wellred Books Ltd is Book publishing and Retail sale via mail order houses or via Internet.

5	Debtors			2025		2024
£					£

	Trade debtors			567		6,125
	Other debtors			9,779		8,875
				10,346		15,000


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			(653)		20,597
	Taxation and social security costs			14,780		4,715
	Other creditors			3,107		1,401
				17,234		26,713


7	Other information

	TED GRANT EDUCATION PROJECT LTD is limited by guarantee and has no share capital and incorporated in England. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. Its registered office is:
	18 St. Cross Street
	4th Floor
	London
	EC1N 8UN