Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08895292 Mr Michael Ward Ms Susan Young iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08895292 2024-03-31 08895292 2025-03-31 08895292 2024-04-01 2025-03-31 08895292 frs-core:CurrentFinancialInstruments 2025-03-31 08895292 frs-core:Non-currentFinancialInstruments 2025-03-31 08895292 frs-core:ComputerEquipment 2025-03-31 08895292 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08895292 frs-core:ComputerEquipment 2024-03-31 08895292 frs-core:FurnitureFittings 2025-03-31 08895292 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08895292 frs-core:FurnitureFittings 2024-03-31 08895292 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 08895292 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 08895292 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 08895292 frs-core:ShareCapital 2025-03-31 08895292 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08895292 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08895292 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08895292 frs-bus:SmallEntities 2024-04-01 2025-03-31 08895292 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08895292 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08895292 frs-bus:Director1 2024-04-01 2025-03-31 08895292 frs-bus:Director2 2024-04-01 2025-03-31 08895292 frs-core:CurrentFinancialInstruments 1 2025-03-31 08895292 frs-countries:EnglandWales 2024-04-01 2025-03-31 08895292 2023-03-31 08895292 2024-03-31 08895292 2023-04-01 2024-03-31 08895292 frs-core:CurrentFinancialInstruments 2024-03-31 08895292 frs-core:Non-currentFinancialInstruments 2024-03-31 08895292 frs-core:ShareCapital 2024-03-31 08895292 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08895292 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 08895292
City Academy (Arts) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
City Academy (Arts) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
City Academy (Arts) Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 08895292

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 242,140 |  | 226,507
|  |  | 242,140 |  | 226,507
CURRENT ASSETS
Debtors | 5 | 15,721 |  | 51,160 |
Cash at bank and in hand |  | 107,457 |  | 18,870 |
|  | 123,178 |  | 70,030 |
Creditors: Amounts Falling Due Within One Year | 6 | (502,910 ) |  | (248,915 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (379,732 ) |  | (178,885 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (137,592 ) |  | 47,622
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (23,280 ) |  | (242,705 )
NET LIABILITIES |  |  | (160,872 ) |  | (195,083 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1 |  | 1
Profit and Loss Account |  |  | (160,873 ) |  | (195,084 )
SHAREHOLDERS' FUNDS |  |  | (160,872) |  | (195,083)

Page 1
Page 2
City Academy (Arts) Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 2025 the company was entitled to exemption from audit 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.
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

Mr Michael Ward Director
01/10/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
City Academy (Arts) Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
City Academy (Arts) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08895292 . The registered office is 10 Herbal Hill London, Clerkenwell, London, England, EC1R 5EG.
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.
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:

Leasehold | 10% straight line method
Fixtures & Fittings | 25% reducing balance method
Computer Equipment | 25% reducing balance method

3. Average Number of Employees
Average number of employees, including directors, during the year was 2 (2024: 2)
2 2
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 April 2024 | 246,962 | 28,726 | 3,391 | 279,079
Additions | 35,584 | 13,498 | 2,661 | 51,743
As at 31 March 2025 | 282,546 | 42,224 | 6,052 | 330,822
Depreciation
As at 1 April 2024 | 43,393 | 8,331 | 848 | 52,572
Provided during the period | 28,255 | 6,992 | 863 | 36,110
As at 31 March 2025 | 71,648 | 15,323 | 1,711 | 88,682
Net Book Value
As at 31 March 2025 | 210,898 | 26,901 | 4,341 | 242,140
As at 1 April 2024 | 203,569 | 20,395 | 2,543 | 226,507

Page 3
Page 4
City Academy (Arts) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 15,721 |  | 43,872
Prepayments and accrued income | - |  | 4,198
VAT | - |  | 3,090
| 15,721 |  | 51,160

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 18,311 |  | 13,408
Other taxes and social security | 1,940 |  | 5,154
VAT | 12,026 |  | -
Other creditors | - |  | 16,310
Pension liability | 758 |  | 390
Accruals and deferred income | 35,107 |  | 72,093
Directors' loan accounts | 230,980 |  | 20,000
Amount owed to parent | 203,788 |  | 121,560
| 502,910 |  | 248,915

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loan | 23,280 |  | 33,205
Other loans | - |  | 209,500
| 23,280 |  | 242,705

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

9. Related Party Transactions
City Academy (IP) Limited (Parent Company)
As at Year Ending 31 March 2025 City Academy (IP) Limited owed £203,788 (2024 : £121,560) to City Academy (Arts) Limited.
The company is a wholly owned subsidiary of City Academy (IP) Limited.
Page 4