The Tablet Academy Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08244119 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Tablet Academy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Yorke

Mrs K M Yorke

REGISTERED OFFICE:

International House

6 Market Street

Oakengates

Telford

Shropshire

TF2 6EF

REGISTERED NUMBER:

08244119 (England and Wales)

ACCOUNTANTS:

Tranter Lowe (Oakengates) Limited

Chartered Accountants

International House

6 Market Street

Oakengates

Telford

Shropshire

TF2 6EF

FIXED ASSETS

Tangible assets

4

18,187

18,656

CURRENT ASSETS

Debtors

5

90,041

160,264

Cash at bank and in hand

142,683

100,129

232,724

260,393

CREDITORS

Amounts falling due within one year

6

145,509

123,143

NET CURRENT ASSETS

87,215

137,250

TOTAL ASSETS LESS CURRENT
LIABILITIES

105,402

155,906

CREDITORS

Amounts falling due after more than one
year

7

(78,951

)

(10,628

)

PROVISIONS FOR LIABILITIES

-

(3,544

)

NET ASSETS

26,451

141,734

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

26,351

141,634

SHAREHOLDERS' FUNDS

26,451

141,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

M Yorke - Director

1.	STATUTORY INFORMATION

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

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.

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

-

50% on reducing balance

Computer equipment

-

50% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 April 2024

20,875

20,075

40,950

Additions

-

10,124

At 31 March 2025

20,875

30,199

51,074

DEPRECIATION

At 1 April 2024

10,139

12,155

22,294

Charge for year

3,607

6,986

10,593

At 31 March 2025

13,746

19,141

32,887

NET BOOK VALUE

At 31 March 2025

7,129

11,058

18,187

At 31 March 2024

10,736

7,920

18,656

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

86,435

151,949

Other debtors

-

5,421

Prepayments

3,606

2,894

90,041

160,264

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts (see note 8)

28,000

8,000

Trade creditors

10,678

19,581

Tax

-

754

Social security and other taxes

19,674

-

VAT

49,516

66,120

Other creditors

34,769

23,081

Accrued expenses

2,872

5,607

145,509

123,143

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans (see note 8)

78,951

10,628

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

Amounts falling due within one year or on demand:

Bank loans

28,000

8,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

23,951

8,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

55,000

2,628

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

10.	RELATED PARTY DISCLOSURES

During the year, the Company paid consultancy fees to the retiring director, Mr S Molyneux, amounting to £21,185 (2024: £17,185).

During the year, the Company undertook work on behalf of Tablet Academy International amounting to £66,967 (2024: £120,377) and paid commission of £5,598 (2024: £17,939) to the same Company. Tablet Academy International is a Company under control of the directors of The Tablet Academy Limited.

During the year, the Company undertook work on behalf of 12:42 Studios Limited amounting to £165,062 (2024: £130,405) and was supplied services amounting to £47,000 (2024: £58,000) by the same Company. 12:42 Studios Limited is under the control of the directors of The Tablet Academy Limited.