Company No: 15126908 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	Ms Andrea Mardel-Ferreira (Appointed 06 November 2024, Resigned 12 November 2024)
	Mr Damian Charles Snee
	Mr Benjamin James Snee

Registered office	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA
	United Kingdom

Company number

15126908 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA
	United Kingdom

	Note	30.09.2025		30.09.2024
		£		£
Fixed assets
Intangible assets	3	66,941		0
Tangible assets	4	115,928		0
		182,869		0
Current assets
Debtors
- due after more than one year	5	47,500		0
Cash at bank and in hand	6	8,370		5,814
		55,870		5,814
Creditors: amounts falling due within one year	7	( 310,212)		( 10,500)
Net current liabilities		(254,342)		(4,686)
Total assets less current liabilities		(71,473)		(4,686)
Net liabilities		( 71,473)		( 4,686)
Capital and reserves
Called-up share capital	8	1,000		1,000
Profit and loss account		( 72,473 )		( 5,686 )
Total shareholder's deficit		( 71,473)		( 4,686)

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Little Strides Nursery Limited (registered number: 15126908) were approved and authorised for issue by the Board of Directors on 25 September 2026. They were signed on its behalf by:

Mr Benjamin James Snee Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Little Strides Nursery Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor, 168 Shoreditch High Street, London, E1 6RA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	7 years straight line
Plant and machinery	5 years straight line
Fixtures and fittings	5 years straight line
Computer equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Year ended 30.09.2025		Period from 10.09.2023 to 30.09.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	11		2

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 October 2024	0		0
Additions	71,786		71,786
At 30 September 2025	71,786		71,786
Accumulated amortisation
At 01 October 2024	0		0
Charge for the financial year	4,845		4,845
At 30 September 2025	4,845		4,845
Net book value
At 30 September 2025	66,941		66,941
At 30 September 2024	0		0

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 October 2024	0		0		0		0		0
Additions	102,154		12,509		7,824		4,629		127,116
At 30 September 2025	102,154		12,509		7,824		4,629		127,116
Accumulated depreciation
At 01 October 2024	0		0		0		0		0
Charge for the financial year	8,900		823		873		592		11,188
At 30 September 2025	8,900		823		873		592		11,188
Net book value
At 30 September 2025	93,254		11,686		6,951		4,037		115,928
At 30 September 2024	0		0		0		0		0

5. Debtors

	30.09.2025		30.09.2024
	£		£
Debtors: amounts falling due after more than one year
Other debtors	47,500		0

6. Cash and cash equivalents

	30.09.2025		30.09.2024
	£		£
Cash at bank and in hand	8,370		5,814

7. Creditors: amounts falling due within one year

	30.09.2025		30.09.2024
	£		£
Amounts owed to Parent undertakings	234,091		9,000
Accruals and deferred income	70,797		1,500
Other taxation and social security	4,319		0
Other creditors	1,005		0
	310,212		10,500

8. Called-up share capital

	30.09.2025		30.09.2024
	£		£
Allotted, called-up and fully-paid
600 A ordinary shares of £ 1.00 each	600		600
400 B ordinary shares of £ 1.00 each	400		400
	1,000		1,000

9. Financial commitments

Other financial commitments

	30.09.2025		30.09.2024
	£		£
Within 1 year	47,500		0
2-5 years	190,000		0
Over 5 years	489,705		0
	727,205		0

The company entered into an operating lease agreement on 19 February 2025. This expires on 21 January 2031. There is also a reversionary lease signed 19 February 2025 from 22 January 2031 to 21 January 2041.

10. Related party transactions

Strides Education Limited (Parent company)

During the year the company loaned from Strides Education Limited £225,091 (2024: £9,000). The loan is interest free and repayable on demand. At the balance sheet date the amount due to Strides Education Limited was £234,091 (2024: £9,000).

11. Ultimate controlling party

Parent Company:

Strides Education Limited

2nd Floor 168 Shoreditch High Street, London, United Kingdom, E1 6RA

The company is under the control of Strides Education Limited by virtue of its 100% shareholding.