Company Registration No. 11711808 (England and Wales)
Leicester Academy Ltd
Unaudited accounts
for the year ended 31 March 2024
Leicester Academy Ltd
Unaudited accounts
Contents
Leicester Academy Ltd
Company Information
for the year ended 31 March 2024
Company Number
11711808 (England and Wales)
Registered Office
23 NEW WALK
LEICESTER
LE1 6TE
UNITED KINGDOM
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Leicester Academy Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
500
1,004
Creditors: amounts falling due within one year
(48,805)
(49,943)
Net current assets
48,609
56,345
Total assets less current liabilities
48,955
57,205
Creditors: amounts falling due after more than one year
(19,600)
(24,753)
Called up share capital
10,000
10,000
Profit and loss account
19,355
22,452
Shareholders' funds
29,355
32,452
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 director acknowledges her 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 and authorised for issue on 19 December 2024 and were signed on its behalf by
Ms Claire Yang
Director
Company Registration No. 11711808
Leicester Academy Ltd
Notes to the Accounts
for the year ended 31 March 2024
Leicester Academy Ltd is a private company, limited by shares, registered in England and Wales, registration number 11711808. The registered office is 23 NEW WALK, LEICESTER, LE1 6TE, UNITED KINGDOM.
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:
Plant & machinery
25% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
119
1,934
2,053
At 31 March 2024
119
1,934
2,053
At 1 April 2023
81
1,112
1,193
Charge for the year
30
484
514
At 31 March 2024
111
1,596
1,707
At 31 March 2024
8
338
346
At 31 March 2023
38
822
860
Leicester Academy Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
17,466
22,480
Accrued income and prepayments
455
455
Other debtors
78,993
82,349
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,278
4,278
Trade creditors
6,135
6,077
Taxes and social security
5,026
10,936
Other creditors
12,238
11,326
Loans from directors
18,879
10,956
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 5).