Contents of the Financial Statements

for the Period Ended 28 February 2025

Profit And Loss Account

for the Period Ended 28 February 2025

Balance sheet

As at 28 February 2025

The notes form part of these financial statements

Balance sheet statements

For the year ending 28 February 2025 the company was entitled to exemption 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 28 February 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  These financial statements have been prepared in accordance with FRS 102 Section 1A small entities - the financial reporting standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. Turnover: Turnover represents amounts receivable for services provided (workshop fees, grants, and donations treated as income) net of VAT and trade discounts. Income is recognised when the company obtains the right to consideration, which is when the workshops are delivered or the grant conditions are met. Intangible fixed assets: Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the asset (usually 3–5 years). Cash at bank and in hand: Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition.

  Tangible fixed assets depreciation policy

  Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Fixtures and fittings – 25% reducing balance / 3–5 years straight line Computer equipment – 33% straight line No depreciation is provided until the asset is brought into use.

  Intangible fixed assets amortisation policy

  Intangible fixed assets and amortisation Intangible fixed assets are initially measured at cost. They are amortised on a straight-line basis over their estimated useful economic lives, which are normally between 3 and 5 years. Amortisation begins when the asset is available for use. No amortisation has been charged in the current or preceding period because the asset was not brought into use until after the balance sheet date / is still in the course of construction.

Notes to the Financial Statements

for the Period Ended 28 February 2025

• 2. Employees

  	2025	13 months to 28 February 2024
  Average number of employees during the period	2	2