Academy Plus Group Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08761384

Academy Plus Group Limited

Filleted Unaudited Financial Statements

31 March 2025

Academy Plus Group Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Academy Plus Group Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	155,661	17,253
Tangible assets	6	4,505	8,231
Investments	7	143,248	–
		---------	--------
		303,414	25,484

Current assets

Debtors	8	1,094,074	723,787
Cash at bank and in hand		106,776	485,562
		------------	------------
		1,200,850	1,209,349

Creditors: amounts falling due within one year	9	1,272,635		1,267,259
		------------		------------
Net current liabilities			71,785		57,910
			---------		--------
Total assets less current liabilities			231,629		( 32,426)

Provisions

Taxation including deferred tax	1,126	2,058
	---------	--------
Net assets/(liabilities)	230,503	( 34,484)
	---------	--------

Academy Plus Group Limited

Balance Sheet (continued)

31 March 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	3	3
Profit and loss account	230,500	( 34,487)
	---------	--------
Shareholders funds/(deficit)	230,503	( 34,484)
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 19 December 2025 , and are signed on behalf of the board by:

Mr I McClelland

Director

Company registration number: 08761384

Academy Plus Group Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

All significant judgements applied in preparing the financial statements are disclosed in the accounting policies. No material estimates have been applied.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill	-	Over estimated useful life of 4 years
Development costs	-	Over estimated useful life of 3 years
Computer software	-	Over estimated useful life of 3 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Computer equipment	-	33% straight line
Fixtures and fittings	-	Over expected useful economic life

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 18 ).

5. Intangible assets

	Goodwill	Development costs	Computer software	Total
	£	£	£	£
Cost
At 1 April 2024	–	31,650	156,812	188,462
Additions	201,939	–	–	201,939
	---------	--------	---------	---------
At 31 March 2025	201,939	31,650	156,812	390,401
	---------	--------	---------	---------
Amortisation
At 1 April 2024	–	25,514	145,695	171,209
Charge for the year	46,278	6,136	11,117	63,531
	---------	--------	---------	---------
At 31 March 2025	46,278	31,650	156,812	234,740
	---------	--------	---------	---------
Carrying amount
At 31 March 2025	155,661	–	–	155,661
	---------	--------	---------	---------
At 31 March 2024	–	6,136	11,117	17,253
	---------	--------	---------	---------

6. Tangible assets

	Computer equipment	Fixtures and fittings	Total
	£	£	£
Cost
At 1 April 2024	29,705	20,005	49,710
Additions	483	–	483
	--------	--------	--------
At 31 March 2025	30,188	20,005	50,193
	--------	--------	--------
Depreciation
At 1 April 2024	23,217	18,262	41,479
Charge for the year	3,164	1,045	4,209
	--------	--------	--------
At 31 March 2025	26,381	19,307	45,688
	--------	--------	--------
Carrying amount
At 31 March 2025	3,807	698	4,505
	--------	--------	--------
At 31 March 2024	6,488	1,743	8,231
	--------	--------	--------

7. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024	–
Additions	143,248
	---------
At 31 March 2025	143,248
	---------
Impairment
At 1 April 2024 and 31 March 2025	–
	---------

Carrying amount
At 31 March 2025	143,248
	---------
At 31 March 2024	–
	---------

During the year, the company acquired the shares in its subsidiary. The assets and liabilities of the subsidiary were hived up into the company at the year end.

8. Debtors

	2025	2024
	£	£
Trade debtors	154,732	69,405
Amounts owed by group undertakings and undertakings in which the company has a participating interest	875,338	627,933
Other debtors	64,004	26,449
	------------	---------
	1,094,074	723,787
	------------	---------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	91,955	111,526
Amounts owed to group undertakings and undertakings in which the company has a participating interest	3,000	–
Corporation tax	41,979	116,828
Social security and other taxes	221,077	164,411
Other creditors	914,624	874,494
	------------	------------
	1,272,635	1,267,259
	------------	------------

10. Related party transactions

During the year, the company had an interest-free, repayable on demand loan with its parent. At the start of the year the company was owed £627,933 by its parent, and at the end of the year was owed £875,338. During the year, the company had an interest-free, repayable on demand loan with its subsidiary. At the end of the year the company owed its subsidiary £3,000. The company charged £127,500 management fees to its subsidiary during the year.

11. Controlling party

The company is controlled by its immediate parent Coach Holdings Limited.