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Registered number: 10969057

Wu Academy Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024

Prepared By:
Frank Gartland Limited
6 Torland Road
Plymouth
PL3 5TS

Wu Academy Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
DIRECTORS
Shikui Wu
Mrs Yue Qiu
REGISTERED OFFICE
115 Alma Road
Plymouth
PL3 4HG
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10969057
ACCOUNTANTS
Frank Gartland Limited
6 Torland Road
Plymouth
PL3 5TS

Wu Academy Ltd

ACCOUNTS
FOR THEYEARENDED30/09/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Wu Academy Ltd

BALANCE SHEET AT 30/09/2024
20242023
Notes££
FIXED ASSETS
Tangible assets36,0348,050
CURRENT ASSETS
Stock1,4851,832
Debtors55,5045,504
Cash at bank and in hand4,2885,441
11,27712,777
CREDITORS: Amounts falling due within one year66,1114,386
NET CURRENT ASSETS5,1668,391
TOTAL ASSETS LESS CURRENT LIABILITIES11,20016,441
CREDITORS: Amounts falling due after more than one year75,8808,847
PROVISIONS FOR LIABILITIES AND CHARGES8550800
NET ASSETS4,7706,794
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account4,6706,694
SHAREHOLDERS' FUNDS4,7706,794
For the year ending 30/09/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 08/10/2024 and signed on their behalf by
.............................
Shikui Wu
Director

Wu Academy Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsstraight line 20%
Equipmentstraight line 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees33

Wu Academy Ltd

3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 01/10/202314,40718,95633,363
At 30/09/202414,40718,95633,363
Depreciation
At 01/10/202314,40710,90625,313
For the year-2,0162,016
At 30/09/202414,40712,92227,329
Net Book Amounts
At 30/09/2024-6,0346,034
At 30/09/2023-8,0508,050
4. STOCK 20242023
££
Stock comprises:
Stock1,4851,832
1,4851,832
5. DEBTORS 20242023
££
Amounts falling due within one year
Other debtors2,4002,400
Prepayments3,1043,104
5,5045,504
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax4,5152,790
Bank Loan1,5961,596
6,1114,386

Wu Academy Ltd

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr5,8808,847
5,8808,847
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation550800
550800
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Class 1 shares of £1 each100100
100100
10. OTHER FINANCIAL COMMITMENTS
At 30/09/2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating Leases which expire:
Within one year12,00012,000
Within two to five years6,00018,000