Building Our Skills Academy Limited

Registered Number: 12372203 Building Our Skills Academy Limited
Balance Sheet
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	53,923	59,024
Tangible fixed assets	4	552	182
		54,475	59,206
Current assets
Debtors		16,470	16,401
Cash at bank and in hand		26,538	12,295
		43,008	28,696
Creditors: amount falling due within one year		(51,793)	(45,542)
Net current assets		(8,785)	(16,846)

Total assets less current liabilities		45,690	42,360
Creditors: amount falling due after more than one year		(77,460)	(10,897)
Provisions for liabilities		-	(45)
Net assets		(31,770)	31,418

Capital and reserves
Profit and loss account		(31,770)	31,418
Members' funds		(31,770)	31,418

For the year ended 31 December 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 accounts for the year in question in accordance with section 476.
The directors acknowledge 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 01 May 2026 and were signed on its behalf by:

-------------------------------
C Globe
Director

Building Our Skills Academy Limited
Notes to the Abridged Financial Statements
For the year ended 31 December 2025

General Information

Building Our Skills Academy Limited is a private company, limited by guarantee, registered in England and Wales, registration number 12372203, registration address Unit 8A Oaks Lane, Barnsley, South Yorkshire, S71 1HT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – 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 basis

The company is able to meet its day to day trading needs with the ongoing support of its creditors and, as such, the directors consider that the company is trading 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 represents the sum of tax currently payable 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 capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 15 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

33% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 0).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 January 2025	78,476	78,476
Additions	-	-
Disposals	-	-
At 31 December 2025	78,476	78,476
Amortisation
At 01 January 2025	19,452	19,452
Charge for year	5,101	5,101
On disposals	-	-
At 31 December 2025	24,553	24,553
Net book values
At 31 December 2025	53,923	53,923
At 31 December 2024	59,024	59,024

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 January 2025	615	615
Additions	645	645
Disposals	-	-
At 31 December 2025	1,260	1,260
Depreciation
At 01 January 2025	433	433
Charge for year	275	275
On disposals	-	-
At 31 December 2025	708	708
Net book values
Closing balance as at 31 December 2025	552	552
Opening balance as at 01 January 2025	182	182

Advances and Credits

C Globe

Current year (2025)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
C Globe	-		2,851		-		2,730		-		-		121
	-		2,851		-		2,730		-		-		121

Previous year (2024)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
C Globe	-		-		-		-		-		-		-
	-		-		-		-		-		-		-

Registered Number: 12372203
England and Wales
Abridged Accounts

for the year ended 31 December 2025
for
BUILDING OUR SKILLS ACADEMY LIMITED