Company Registration No. 09277763 (England and Wales)
UK SKILLS ACADEMY LIMITED
Unaudited accounts
for the year ended 31 March 2024
UK SKILLS ACADEMY LIMITED
Unaudited accounts
Contents
UK SKILLS ACADEMY LIMITED
Company Information
for the year ended 31 March 2024
Directors
Samuel Riley
Gemma Beech
Company Number
09277763 (England and Wales)
Registered Office
Riley Business Centre
Preston New Road
Salmesbury
Preston
PR5 0UP
UK SKILLS ACADEMY LIMITED
Statement of financial position
as at 31 March 2024
Intangible assets
234,500
-
Tangible assets
44,921
3,020
Cash at bank and in hand
477,537
84,546
Creditors: amounts falling due within one year
(393,438)
(132,274)
Net current assets
241,334
372,150
Total assets less current liabilities
520,755
375,170
Creditors: amounts falling due after more than one year
(195,404)
(261,187)
Net assets
325,351
113,983
Called up share capital
100
100
Profit and loss account
325,251
113,883
Shareholders' funds
325,351
113,983
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by
Gemma Beech
Director
Company Registration No. 09277763
UK SKILLS ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
UK SKILLS ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09277763. The registered office is Riley Business Centre, Preston New Road, Salmesbury, Preston, PR5 0UP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
4 years straight line
4
Intangible fixed assets
Other
Charge for the year
36,000
UK SKILLS ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
-
-
5,515
5,515
Additions
2,977
42,590
(212)
45,355
At 31 March 2024
2,977
42,590
5,303
50,870
At 1 April 2023
-
-
2,495
2,495
Charge for the year
538
1,775
1,141
3,454
At 31 March 2024
538
1,775
3,636
5,949
At 31 March 2024
2,439
40,815
1,667
44,921
At 31 March 2023
-
-
3,020
3,020
Amounts falling due within one year
Trade debtors
16,270
370,477
Amounts due from group undertakings etc.
6,157
-
Accrued income and prepayments
134,808
43,204
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
6,157
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,400
8,000
Obligations under finance leases and hire purchase contracts
37,039
-
Trade creditors
114,073
38,106
Taxes and social security
94,948
72,345
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
162,000
225,000
UK SKILLS ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).