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Needham Market Academy Ltd

Unaudited financial statements for the year ended 31 May 2024


Company information

Needham Market Academy Ltd is a private company limited by shares, registered in England and Wales, registered number 11158839.

The company's registered office is: Bloomfields Quinton Road, Needham Market, Ipswich, Suffolk, IP6 8DA, United Kingdom.

Balance Sheet

as at 31 May 2024

2024 2023
£ £
Fixed assets 978,937.90 1,018,425.74
Current assets 146,394.27 74,107.35
Creditors: amounts falling due within one year (490,193.68) (264,885.79)
Net current assets / (liabilities) (343,799.41) (190,778.44)
Total assets less current liabilities 635,138.49 827,647.30
Creditors: amounts falling due after more than one year (297,056.00) (602,570.00)
Net assets 338,082.49 225,077.30
Capital and reserves 338,082.49 225,077.30

For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

Approved by the board of directors and signed on behalf of the board,

GRAHAM EMMERSON
26 February 2025

Notes to the accounts

  1. Average number of employees

    During the year the average number of employees was 2 (2023: 7).