2024-04-01 2025-03-31 false No description of principal activity Capium Accounts Production 1.1 11407797 2024-04-01 2025-03-31 11407797 bus:FullAccounts 2024-04-01 2025-03-31 11407797 bus:FRS102 2024-04-01 2025-03-31 11407797 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11407797 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11407797 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11407797 2024-04-01 2025-03-31 11407797 2025-03-31 11407797 bus:RegisteredOffice 2024-04-01 2025-03-31 11407797 core:WithinOneYear 2025-03-31 11407797 core:AfterOneYear 2025-03-31 11407797 1 2024-04-01 2025-03-31 11407797 bus:Director1 2024-04-01 2025-03-31 11407797 bus:Director1 2025-03-31 11407797 bus:Director1 2023-04-01 2024-03-31 11407797 2023-04-01 11407797 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 11407797 2023-04-01 2024-03-31 11407797 2024-03-31 11407797 core:WithinOneYear 2024-03-31 11407797 core:AfterOneYear 2024-03-31 11407797 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 11407797 core:FurnitureFittings 2024-04-01 2025-03-31 11407797 core:FurnitureFittings 2025-03-31 11407797 core:FurnitureFittings 2024-03-31 11407797 core:ComputerEquipment 2024-04-01 2025-03-31 11407797 core:ComputerEquipment 2025-03-31 11407797 core:ComputerEquipment 2024-03-31 11407797 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-03-31 11407797 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 11407797 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 11407797 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 11407797 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 11407797 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 11407797 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 11407797 core:Non-currentFinancialInstruments 2025-03-31 11407797 core:Non-currentFinancialInstruments 2024-03-31 11407797 core:ShareCapital 2025-03-31 11407797 core:ShareCapital 2024-03-31 11407797 core:RetainedEarningsAccumulatedLosses 2025-03-31 11407797 core:RetainedEarningsAccumulatedLosses 2024-03-31 11407797 core:ShareCapitalOrdinaryShares 2024-04-01 11407797 core:ShareCapitalOrdinaryShares 2023-04-01 11407797 core:ShareCapitalOrdinaryShares 2024-04-01 2025-03-31 11407797 core:ShareCapitalOrdinaryShares 2023-04-01 2024-03-31 11407797 core:ShareCapitalOrdinaryShares 2025-03-31 11407797 core:ShareCapitalOrdinaryShares 2024-03-31 11407797 core:RetainedEarningsAccumulatedLosses 2024-04-01 11407797 core:RetainedEarningsAccumulatedLosses 2023-04-01 11407797 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 11407797 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 11407797 core:RetainedEarningsAccumulatedLosses 2025-03-31 11407797 core:RetainedEarningsAccumulatedLosses 2024-03-31 11407797 dpl:Item1 2024-04-01 11407797 dpl:Item1 2025-03-31 11407797 dpl:Item1 2023-04-01 11407797 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11407797
England and Wales

 

 

 

THE NEXT GEN SALES ACADEMY LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

The Next Gen Sales Academy Ltd
Contents Page
For the year ended 31 March 2025
Director Ms F M A Challis
Registered Number 11407797
Registered Office Merlin House
Brunel Road
Theale, Reading
Berkshire
RG7 4AB
Accountants Kirkpatrick and Hopes Limited
Merlin House
Brunel Road
Theale, Reading
Berkshire
RG7 4AB
1
Director's report and financial statements
The director presents her annual report and the financial statements for the year ended 31 March 2025
Director
The director who served the company throughout the year was as follows:
Ms F M A Challis
Statement of director's responsibilities
The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.


----------------------------------
Ms F M A Challis
Director

Date approved: 30 April 2026
2
Report to the directors on the preparation of the unaudited statutory accounts of The Next Gen Sales Academy Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Next Gen Sales Academy Ltd for the year ended 31 March 2025 which comprise of the Income Statement, the Statement of Financial Position, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of The Next Gen Sales Academy Ltd, as a body, in accordance with the terms of our engagement letter dated 30 April 2026 Our work has been undertaken solely to prepare for your approval the accounts of The Next Gen Sales Academy Ltd and state those matters that we have agreed to state to the Board of Directors of The Next Gen Sales Academy Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Next Gen Sales Academy Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Next Gen Sales Academy Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Next Gen Sales Academy Ltd. You consider that The Next Gen Sales Academy Ltd is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of The Next Gen Sales Academy Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 March 2025



....................................................
Kirkpatrick and Hopes Limited
Merlin House
Brunel Road
Theale, Reading
Berkshire
RG7 4AB
30 April 2026
3
 
 		 Notes
 		 2025
£		   2024
£
Fixed assets      
Tangible fixed assets 3 290    635 
290    635 
Current assets      
Debtors 4 85,964    30,768 
Cash at bank and in hand 20,159    52,275 
106,123    83,043 
Creditors: amount falling due within one year 5 (92,893)   (64,184)
Net current assets 13,230    18,859 
 
Total assets less current liabilities 13,520    19,494 
Creditors: amount falling due after more than one year 6 (13,519)   (19,493)
Net assets 1    1 
 

Capital and reserves 		     
Called up share capital 1    1 
Profit and loss account 0    0 
Shareholders' funds 1    1 
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 30 April 2026 and were signed by:


-------------------------------
Ms F M A Challis
Director
4
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 April 2023 1  (54,807) (54,806)
Profit for the year 102,076  102,076 
Total comprehensive income for the year -  102,076  102,076 
Dividends (47,269) (47,269)
Total investments by and distributions to owners -  (47,269) (47,269)
At 31 March 2024 1  1 
At 01 April 2024 1  1 
Profit for the year 27,116  27,116 
Total comprehensive income for the year -  27,116  27,116 
Dividends (27,116) (27,116)
Total investments by and distributions to owners -  (27,116) (27,116)
At 31 March 2025 1  1 
5
General Information
The Next Gen Sales Academy Ltd is a private company, limited by shares, registered in England and Wales, registration number 11407797, registration address Merlin House, Brunel Road, Theale, Reading, Berkshire, RG7 4AB. The trading address of the company is 2 Stable Cottage, Maidenhatch, Pangbourne Reading, Berkshire, Rg8 8HN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern
The accounts are prepared on a going concern basis. The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income, 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 statement of financial position date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 and 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.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & fittings - 15% on cost
Computer equipment - 25% on cost
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in profit or loss.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.
2.

Average number of employees

Average number of employees during the year was 1 (2024 : 1).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 April 2024 161    3,272    3,433 
Additions -    -    - 
Disposals -    -    - 
At 31 March 2025 161    3,272    3,433 
Depreciation
At 01 April 2024 103    2,695    2,798 
Charge for year 24    321    345 
On disposals -    -    - 
At 31 March 2025 127    3,016    3,143 
Net book values
Closing balance as at 31 March 2025 34    256    290 
Opening balance as at 01 April 2024 58    577    635 


4.

Debtors: amounts falling due within one year

2025
£		   2024
£
Amount Owed by Group Undertakings 85,964    30,040 
VAT 0    728 
85,964    30,768 

5.

Creditors: amount falling due within one year

2025
£		   2024
£
Bank Loans & Overdrafts (Secured) 3,816    489 
Corporation Tax 47,544    39,039 
PAYE & Social Security 400    163 
Accrued Expenses 2,999    0 
Other Creditors 26,824    24,493 
VAT 11,310    0 
92,893    64,184 

6.

Creditors: amount falling due after more than one year

2025
£		   2024
£
Bank Loans & Overdrafts (secured) 13,519    19,493 
13,519    19,493 

6