Pushforward Secondary Education Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—8

1. General Information

Pushforward Secondary Education Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13809730 . The registered office is Ground Floor, Unit 6, Hillside Business Park, Bury St Edmunds, IP32 7EA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

The accounts have been prepared as an ongoing concern despite the balance sheet deficiency on the grounds that:

A) The directors' are confident of future profitibaility

B) The company operates within its agreed banking facilities.

C) The directors agree not to seek repayment of any Directors Loan should this prevent the company from meeting its other liabilities as they fall due..

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of five years.

2.5. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are a company database. It is amortised to the profit and loss account over its estimated economic life of five years.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	5 years straight line
Plant & Machinery	25% Reducing Balance Basis
Motor Vehicles	25% Reducing Balance Basis

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Pushforward Secondary Education Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 78 (2025: 68)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 April 2025	51,133	15,528	66,661
Additions	-	7,435	7,435

As at 31 March 2026	51,133	22,963	74,096

Amortisation
As at 1 April 2025	30,681	-	30,681
Provided during the period	10,225	3,238	13,463

As at 31 March 2026	40,906	3,238	44,144

Net Book Value
As at 31 March 2026	10,227	19,725	29,952

As at 1 April 2025	20,452	15,528	35,980

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Pushforward Secondary Education Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2025	28,815	89,013	10,600	128,428
Additions	34,963	46,406	6,895	88,264
Disposals	-	-	(2,000 )	(2,000 )

As at 31 March 2026	63,778	135,419	15,495	214,692

Depreciation
As at 1 April 2025	577	15,142	2,546	18,265
Provided during the period	9,493	18,586	2,456	30,535

As at 31 March 2026	10,070	33,728	5,002	48,800

Net Book Value
As at 31 March 2026	53,708	101,691	10,493	165,892

As at 1 April 2025	28,238	73,871	8,054	110,163

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	502,083	472,386
Primary Intercompany	(261,953 )	(117,090 )
Post 16 Intercompany	(1,124,118 )	(370,348 )
Youth Support Intercompany	889	1,944
Secondary School Inter Company	13,122	2,108
Primary School Inter Company	(500 )	-
Pushforward Education Group Ltd	25,619	-
Deferred tax current asset	-	16,118
Directors' loan accounts	6,999	-

	(837,859 )	5,118
Due after more than one year
Vic Bacon Commercial Loan	23,200	25,000
Deposit Held	85,509	42,606
Leon Edwards Commercial Loan	30,500	-

	139,209	67,606

	(698,650 )	72,724

The Intercompany Loan made to Pushforward Primary Education Limited was for pre-trading expenses, the company did not start trading until 1st April 2024 and was made with agreement of all directors and shareholders.

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Pushforward Secondary Education Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1	-
Bank loans and overdrafts	-	43,844
Funding Circle	197,816	-
Corporation tax	-	124
VAT	81,720	41,215
Directors' loan accounts	112	2,184

	279,649	87,367

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
HMRC VAT & PAYE DEBT	(137,113 )	131,932

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	101	125

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Leon Edwards	30,500	30,500	-	-	30,500
Mrs Victoria Bacon	24,575	5,000	6,375	-	23,200

The above loans were on a commercial basis for a 5 year period with a fixed interest at the commercial going rate.

Dividends paid to directors

	2026	2025
	£	£
Mr Leon Edwards	-	129,923
Mrs Lyndsey Edwards	-	86,615

11. Dividends

	2026	2025
	£	£
On equity shares:
Interim dividend paid	-	216,540

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Pushforward Secondary Education Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

12. Related Party Transactions

Pushforward Primary Education Ltd