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REGISTERED NUMBER: 09956096 (England and Wales)















Financial Statements for the Period 1 January 2024 to 31 March 2025

for

RETROFIT ACADEMY (SOLUTIONS) LIMITED

RETROFIT ACADEMY (SOLUTIONS) LIMITED (REGISTERED NUMBER: 09956096)






Contents of the Financial Statements
for the Period 1 January 2024 to 31 March 2025




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


RETROFIT ACADEMY (SOLUTIONS) LIMITED (REGISTERED NUMBER: 09956096)

Statement of Financial Position
31 March 2025

31.3.25 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,124 1,592
Investments 5 - 50
2,124 1,642

CURRENT ASSETS
Debtors 6 38,534 27,000
Cash at bank 148,088 39,207
186,622 66,207
CREDITORS
Amounts falling due within one year 7 9,095 12,104
NET CURRENT ASSETS 177,527 54,103
TOTAL ASSETS LESS CURRENT
LIABILITIES

179,651

55,745

PROVISIONS FOR LIABILITIES 404 302
NET ASSETS 179,247 55,443

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 179,147 55,343
179,247 55,443

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RETROFIT ACADEMY (SOLUTIONS) LIMITED (REGISTERED NUMBER: 09956096)

Statement of Financial Position - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:





D Pierpoint - Director


RETROFIT ACADEMY (SOLUTIONS) LIMITED (REGISTERED NUMBER: 09956096)

Notes to the Financial Statements
for the Period 1 January 2024 to 31 March 2025

1. STATUTORY INFORMATION

Retrofit Academy (Solutions) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09956096

Registered office: Barn 4
Dunston Business Village
Stafford
ST18 9AB

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company's year end was extended from 31 December 2024 to 31 March 2025. Therefore, this financial year covers a 15 month period and the comparatives cover a 12 month period.

Significant judgements and estimates
The preparation of the financial statements in conformity with generally accepted accounting principles requires the Directors to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results in the future could differ from those estimates. Management considers that certain accounting assumptions relating to provisions are it's critical accounting policies.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


RETROFIT ACADEMY (SOLUTIONS) LIMITED (REGISTERED NUMBER: 09956096)

Notes to the Financial Statements - continued
for the Period 1 January 2024 to 31 March 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments
Fixed asset investments are initially recognised at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed at each reporting date and any impairment adjustments are recognised immediately in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 3,226
Additions 1,332
At 31 March 2025 4,558
DEPRECIATION
At 1 January 2024 1,634
Charge for period 800
At 31 March 2025 2,434
NET BOOK VALUE
At 31 March 2025 2,124
At 31 December 2023 1,592

RETROFIT ACADEMY (SOLUTIONS) LIMITED (REGISTERED NUMBER: 09956096)

Notes to the Financial Statements - continued
for the Period 1 January 2024 to 31 March 2025

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024 50
Disposals (50 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 December 2023 50

The investments relate to the cost of shares held in group undertakings.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.12.23
£    £   
Trade debtors 32,529 -
Amounts owed by group undertakings - 10,000
Other debtors 6,005 17,000
38,534 27,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.12.23
£    £   
Trade creditors 1,073 -
Taxation and social security 3,966 9,475
Other creditors 4,056 2,629
9,095 12,104

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Retrofit Academy Group Limited.