Learnium Limited

Kilsby & Williams have assisted Learnium with Research & Development tax relief claims, which resulted in significant cash tax credits, allowing the company to invest in further product development.

The Alacrity Foundation based in Newport was founded in 2011 to provide entrepreneurship education to the brightest graduates throughout the world to create a new generation of British Hi-Tech companies. The Foundation backed by Sir Terry Matthews, The Wesley Clover Corporation, The Welsh Government and the two founders of Admiral, David Stevens and Andrew Probert, has now helped the development of several technology companies in the last two years.

One of the first groups to graduate and benefit from the charity consisted of Robert Dragan, Arun Wilson and Dale Bradley with their company Learnium Limited. Learnium with the help of investment totalling £250,000 from the Foundation backers has developed a social network for learning and teaching, designed to improve the student experience and enable effective online collaboration. The social platform allows student and teachers to link up online, collaborate on projects and documents and share digital resources.

The platform is available to all UK University and colleges and has doubled its user base during the first 6 months of 2016. Significantly, the platform has attracted the interest of US computer giant Microsoft who invited Learnium along with a select group of high flying companies, to integrate their product into their Office Online and Office mobile apps. The link up will allow all users to create, edit and save Office Suite documents to their Learnium user account from anywhere, anytime on multiple devices.

Kilsby & Williams in their capacity as accountants and tax advisors have been delighted to support the growth of the Alacrity Foundation and Learnium. Kilsby & Williams have assisted Learnium with Research & Development tax relief claims, which resulted in significant cash tax credits, allowing the company to invest in further product development.