YW ACADEMY LTD

Company Registration Number:
15192128 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 06 October 2023

End date: 31 October 2024

YW ACADEMY LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

YW ACADEMY LTD

Company Information

for the Period Ended 31 October 2024




Director: Ho Hin Michael Chak
Registered office: Apt 105
21-33 Worple Road
London
England
SW19 4BG
Company Registration Number: 15192128 (England and Wales)

YW ACADEMY LTD

Balance sheet

As at 31 October 2024


Notes
13 months to
31 Oct 2024
£
Fixed assets
Tangible assets: 4 226
Total fixed assets: 226
Current assets
Cash at bank and in hand: 265
Total current assets: 265
Creditors: amounts falling due within one year: 5 ( 542 )
Net current assets (liabilities): ( 277 )
Total assets less current liabilities: ( 51 )
Total net assets (liabilities): ( 51 )

The notes form part of these financial statements

YW ACADEMY LTD

Balance sheet continued

As at 31 October 2024


Notes
13 months to
31 Oct 2024
£
Capital and reserves
Called up share capital: 109
Revaluation reserve: 6 ( 160 )
Profit and loss account: 0
Shareholders funds: ( 51 )

For the year ending 31 October 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 8 March 2025
And Signed On Behalf Of The Board By:

Name: Ho Hin Michael Chak
Status: Director

The notes form part of these financial statements

YW ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 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

YW ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    13 months to
    31 Oct 2024
    Average number of employees during the period 3

YW ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

YW ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible assets

Office equipment Total
Cost £ £
Additions 249 249
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 249 249
Depreciation
Charge for year 23 23
On disposals - -
Other adjustments - -
At 31 October 2024 23 23
Net book value
At 31 October 2024 226 226

This includes the Office equipments and classroom assets to facilitate for administrative operations work and for tuition lessons.

YW ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5.Creditors: amounts falling due within one year note

13 months to
31 Oct 2024
£
Other creditors 542
Total 542

Other creditors is due to the Director’s Loan which is not a bank loan, trade credit, or tax liability, so it falls under "Other Creditors". This is because the company owes money to the director, which is a liability until repaid (for home rent allocation).

YW ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Revaluation reserve

13 months to
31 Oct 2024
£
Surplus or deficit after revaluation ( 160 )
Balance at 31 October 2024 ( 160 )