IRIS Accounts Production v25.1.3.33 15107118 Board of Directors 1.9.24 31.3.25 31.3.25 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh151071182024-08-31151071182025-03-31151071182024-09-012025-03-31151071182023-08-30151071182023-08-312024-08-31151071182024-08-3115107118ns15:EnglandWales2024-09-012025-03-3115107118ns14:PoundSterling2024-09-012025-03-3115107118ns10:Director12024-09-012025-03-3115107118ns10:PrivateLimitedCompanyLtd2024-09-012025-03-3115107118ns10:SmallEntities2024-09-012025-03-3115107118ns10:AuditExempt-NoAccountantsReport2024-09-012025-03-3115107118ns10:SmallCompaniesRegimeForDirectorsReport2024-09-012025-03-3115107118ns10:SmallCompaniesRegimeForAccounts2024-09-012025-03-3115107118ns10:FullAccounts2024-09-012025-03-3115107118ns5:CurrentFinancialInstruments2025-03-3115107118ns5:CurrentFinancialInstruments2024-08-3115107118ns5:ShareCapital2025-03-3115107118ns5:ShareCapital2024-08-3115107118ns5:RetainedEarningsAccumulatedLosses2025-03-3115107118ns5:RetainedEarningsAccumulatedLosses2024-08-3115107118ns10:RegisteredOffice2024-09-012025-03-3115107118ns5:PlantMachinery2024-09-012025-03-3115107118ns5:PlantMachinery2024-08-3115107118ns5:PlantMachinery2025-03-3115107118ns5:PlantMachinery2024-08-3115107118ns5:CostValuation2024-08-3115107118ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3115107118ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-31
REGISTERED NUMBER: 15107118 (England and Wales)















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

for

RETROFIT ACADEMY GROUP LIMITED

RETROFIT ACADEMY GROUP LIMITED (REGISTERED NUMBER: 15107118)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


RETROFIT ACADEMY GROUP LIMITED (REGISTERED NUMBER: 15107118)

Balance Sheet
31 March 2025

31.3.25 31.8.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 26,082 29,527
Investments 5 59,245 59,245
85,327 88,772

CURRENT ASSETS
Debtors 6 10 14,498
Cash at bank 81,807 43,206
81,817 57,704
CREDITORS
Amounts falling due within one year 7 1,024 10,950
NET CURRENT ASSETS 80,793 46,754
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,120

135,526

CAPITAL AND RESERVES
Called up share capital 100 200
Retained earnings 166,020 135,326
166,120 135,526

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.

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:



Mr D Pierpoint - Director


RETROFIT ACADEMY GROUP LIMITED (REGISTERED NUMBER: 15107118)

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

1. STATUTORY INFORMATION

Retrofit Academy Group 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: 15107118

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.

Preparation of consolidated financial statements
The financial statements contain information about Retrofit Academy Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 investments and provisions are it's critical accounting policies.

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 - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.


RETROFIT ACADEMY GROUP LIMITED (REGISTERED NUMBER: 15107118)

Notes to the Financial Statements - continued
for the Period 1 September 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 balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2024
and 31 March 2025 36,909
DEPRECIATION
At 1 September 2024 7,382
Charge for period 3,445
At 31 March 2025 10,827
NET BOOK VALUE
At 31 March 2025 26,082
At 31 August 2024 29,527

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 September 2024
and 31 March 2025 59,245
NET BOOK VALUE
At 31 March 2025 59,245
At 31 August 2024 59,245

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.8.24
£    £   
Other debtors 10 14,498

RETROFIT ACADEMY GROUP LIMITED (REGISTERED NUMBER: 15107118)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.8.24
£    £   
Trade creditors 60 -
Amounts owed to group undertakings - 10,000
Other creditors 964 950
1,024 10,950