REGISTERED NUMBER: 06127306 (England and Wales)

7 E YOUTH ACADEMY LIMITED

Unaudited Financial Statements

for the Period 1 March 2024 to 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K C Smith

SECRETARY:

Mrs D M Shayaam-Smith

REGISTERED OFFICE:

Legacy Centre Of Excellence Legacy Centr

144 Potters Lane

Birmingham

West Midlands

B6 4UU

REGISTERED NUMBER:

06127306 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

5,258,398

2,403,777

CURRENT ASSETS

Debtors

5

352,239

119,217

Cash at bank

25,554

26,035

377,793

145,252

CREDITORS

Amounts falling due within one year

6

269,437

247,343

NET CURRENT ASSETS/(LIABILITIES)

108,356

(102,091

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,366,754

2,301,686

CREDITORS

Amounts falling due after more than one year

7

(1,429,663

)

(1,251,321

)

PROVISIONS FOR LIABILITIES

(721,250

)

-

NET ASSETS

3,215,841

1,050,365

RESERVES

Revaluation reserve

9

2,763,750

600,000

Income and expenditure account

452,091

450,365

3,215,841

1,050,365

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 director acknowledges his 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 surplus or deficit 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 director and authorised for issue on 8 December 2025 and were signed by:

K C Smith - Director

1.	STATUTORY INFORMATION

7 E Youth Academy Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

10% on cost

Fixtures and fittings

-

10% on cost

Computer equipment

-

20% on 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST OR VALUATION

At 1 March 2024

2,200,000

282,004

14,449

-

2,496,453

Additions

-

-

-

2,128

2,128

Revaluations

2,885,000

-

-

-

2,885,000

At 31 March 2025

5,085,000

282,004

14,449

2,128

5,383,581

DEPRECIATION

At 1 March 2024

-

92,676

-

-

92,676

Charge for period

-

30,550

1,565

392

32,507

At 31 March 2025

-

123,226

1,565

392

125,183

NET BOOK VALUE

At 31 March 2025

5,085,000

158,778

12,884

1,736

5,258,398

At 29 February 2024

2,200,000

189,328

14,449

-

2,403,777

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

Valuation in 2022

800,000

-

-

-

800,000

Valuation in 2023

(200,000

)

-

-

-

(200,000

)

Valuation in 2025

2,885,000

-

-

-

2,885,000

Cost

1,600,000

282,004

14,449

2,128

1,898,581

5,085,000

282,004

14,449

2,128

5,383,581

Freehold land and buildings were valued on an open market basis on 3 October 2025 by Marwood Surveyors Limited .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,153

21,939

Other debtors

143,103

97,278

Prepayments and accrued income

195,983

-

352,239

119,217

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,055

25,736

Social security and other taxes

147,083

155,651

Other creditors

1,452

8,644

Accrued expenses

109,847

57,312

269,437

247,343

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Mortgage

1,429,663

1,240,000

Directors' loan accounts

-

11,321

1,429,663

1,251,321

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,429,663

1,240,000

The mortgage is secured on the company's freehold property.

9.

RESERVES

Revaluation

reserve

£

At 1 March 2024

600,000

Revaluation in year

2,163,750

At 31 March 2025

2,763,750