NICE SWAN ACADEMY LTD

Company Registration Number:
10032876 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

NICE SWAN ACADEMY LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

NICE SWAN ACADEMY LTD

Company Information

for the Period Ended 29 February 2024




Director: Mr Jamie Gray
Mr Paul Georgeson
Registered office: Clavering House
Clavering Place
Newcastle Upon Tyne
England
NE1 3NG
Company Registration Number: 10032876 (England and Wales)

NICE SWAN ACADEMY LTD

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Turnover 84,856 84,652
Cost of sales ( 39,939 ) ( 44,287 )
Gross Profit or (Loss) 44,917 40,365
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 44,379 ) ( 39,989 )
Operating Profit or (Loss) 538 376
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 538 376
Profit or (Loss) for Period 538 376

The notes form part of these financial statements

NICE SWAN ACADEMY LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 5,554 6,644
Total current assets: 5,554 6,644
Net current assets (liabilities): 5,554 6,644
Total assets less current liabilities: 5,554 6,644
Creditors: amounts falling due after more than one year: 4 ( 21,439 ) ( 22,970 )
Total net assets (liabilities): ( 15,885 ) ( 16,326 )

The notes form part of these financial statements

NICE SWAN ACADEMY LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 15,886 ) ( 16,327 )
Shareholders funds: ( 15,885 ) ( 16,326 )

For the year ending 29 February 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.

This report was approved by the board of directors on 28 November 2024
And Signed On Behalf Of The Board By:

Name: Mr Jamie Gray
Status: Director

The notes form part of these financial statements

NICE SWAN ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NICE SWAN ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 10 10

NICE SWAN ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

NICE SWAN ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 21,439 22,970
Total 21,439 22,970

Bank Loan Repayments

NICE SWAN ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Revaluation reserve


2024
£
Balance at 29 February 2024 0