NEUROLOGY ACADEMY LIMITED


Director	Sarah J GILLETT


Company Secretary	GILLETT, Maisy Jane


Registered Address	St Deny's House
	22 East Hill
	St. Austell
	PL25 4TR


Registered Number	03591204 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		54,154		64,507
			54,154		64,507
Current assets
Stocks	4	2,000		2,000
Debtors	5	228,834		176,191
Cash at bank and on hand		166,561		158,604
		397,395		336,795
Creditors amounts falling due within one year	6	(413,758)		(266,904)
Net current assets (liabilities)			(16,363)		69,891
Total assets less current liabilities			37,791		134,398
Provisions for liabilities	7		(13,538)		(16,127)
Net assets			24,253		118,271
Capital and reserves
Called up share capital			5		5
Profit and loss account			24,248		118,266
Shareholders' funds			24,253		118,271

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 25 September 2025, and are signed on its behalf by:

Sarah J GILLETT
Director
Registered Company No. 03591204

NEUROLOGY ACADEMY LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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 rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	7

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	16		17

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 August 24	161,626	161,626
Additions	10,872	10,872
Disposals	(641)	(641)
At 31 July 25	171,857	171,857
Depreciation and impairment
At 01 August 24	97,119	97,119
Charge for year	20,676	20,676
On disposals	(92)	(92)
At 31 July 25	117,703	117,703
Net book value
At 31 July 25	54,154	54,154
At 31 July 24	64,507	64,507

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	2,000	2,000
Total	2,000	2,000

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	189,435	145,527
Other debtors	7,953	-
Prepayments and accrued income	31,446	30,664
Total	228,834	176,191

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	36
Taxation and social security	74,788	64,025
Other creditors	75,052	26,498
Accrued liabilities and deferred income	263,918	176,345
Total	413,758	266,904

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	13,538	16,127
Total	13,538	16,127