Academy Editions Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05977262

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1		1
Tangible Assets	5		11,282		10,128
Investments	6		100		100

			11,383		10,229
CURRENT ASSETS
Stocks	7	132,187		144,905
Debtors	8	6,399		4,887
Cash at bank and in hand		14,882		2,704

		153,468		152,496
Creditors: Amounts Falling Due Within One Year	9	(800,534 )		(808,227 )

NET CURRENT ASSETS (LIABILITIES)			(647,066 )		(655,731 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(635,683 )		(645,502 )

NET LIABILITIES			(635,683 )		(645,502 )

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			(635,685 )		(645,504 )

SHAREHOLDERS' FUNDS			(635,683)		(645,502)

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Academy Editions Limited

Balance Sheet (continued)

As At 26 December 2024

For the year ending 26 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Alexandra Gerlier Papadakis

Director

25/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Academy Editions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05977262 . The registered office is Kimber Cottage, Winterbourne, Newbury, Berkshire, RG20 8AN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	16.7% straight line
Fixtures & Fittings	40% reducing balance
Computer Equipment	25% straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.

The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The Directors do not consider there are any critical judgments or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

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Academy Editions Limited

Notes to the Financial Statements (continued)

For The Year Ended 26 December 2024

4. Intangible Assets

	Goodwill
	£
Cost
As at 27 December 2023	100,000

As at 26 December 2024	100,000

Amortisation
As at 27 December 2023	99,999

As at 26 December 2024	99,999

Net Book Value
As at 26 December 2024	1

As at 27 December 2023	1

5. Tangible Assets

	Office Equipments	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 27 December 2023	-	3,860	34,052	1,289	39,201
Additions	1,051	-	-	4,162	5,213

As at 26 December 2024	1,051	3,860	34,052	5,451	44,414

Depreciation
As at 27 December 2023	-	2,875	26,171	27	29,073
Provided during the period	117	643	2,678	621	4,059

As at 26 December 2024	117	3,518	28,849	648	33,132

Net Book Value
As at 26 December 2024	934	342	5,203	4,803	11,282

As at 27 December 2023	-	985	7,881	1,262	10,128

6. Investments

	Subsidiaries
	£
Cost
As at 27 December 2023	100

As at 26 December 2024	100

Provision
As at 27 December 2023	-

As at 26 December 2024	-

Net Book Value
As at 26 December 2024	100

As at 27 December 2023	100

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Academy Editions Limited

Notes to the Financial Statements (continued)

For The Year Ended 26 December 2024

7. Stocks

	2024	2023
	£	£
Stocks	132,187	144,905

8. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	6,399	4,887

9. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	3,228	2,084
Other creditors	797,306	806,143

	800,534	808,227

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

11. Related Party Transactions

The company's ultimate controlling party is Alexandra Papadakis by virtue of her ownership of 100% of the issued share capital in the company.

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