Company Registration No. SC456515 (Scotland)
Virtual Learning Academy Limited
Unaudited accounts
for the year ended 31 March 2026
Virtual Learning Academy Limited
Unaudited accounts
Contents
Virtual Learning Academy Limited
Company Information
for the year ended 31 March 2026
Director
Catherine Sutherland
Company Number
SC456515 (Scotland)
Registered Office
Westbrook House
Alness
Ross-shire
IV17 0XE
Scotland
Accountants
Signature Accounting Solutions Ltd
3rd Floor
33 Academy Street
Inverness
IV1 1JN
Virtual Learning Academy Limited
Statement of financial position
as at 31 March 2026
Called up share capital not paid
(100)
(100)
Intangible assets
5,550
6,150
Tangible assets
6,384
6,331
Cash at bank and in hand
43,394
38,629
Creditors: amounts falling due within one year
(49,241)
(49,857)
Net current assets
24,230
12,596
Total assets less current liabilities
36,064
24,977
Creditors: amounts falling due after more than one year
-
(2,863)
Provisions for liabilities
Profit and loss account
36,606
22,656
Shareholders' funds
36,606
22,656
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 May 2026 and were signed on its behalf by
Catherine Sutherland
Director
Company Registration No. SC456515
Virtual Learning Academy Limited
Notes to the Accounts
for the year ended 31 March 2026
Virtual Learning Academy Limited is a private company, limited by shares, registered in Scotland, registration number SC456515. The registered office is Westbrook House, Alness, Ross-shire, IV17 0XE, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
20%
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Intangible assets are amortised over 12.25 years, by agreement of the board.
4
Intangible fixed assets
Other
Virtual Learning Academy Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
5,000
12,959
9,459
27,418
At 31 March 2026
5,000
12,959
11,823
29,782
At 1 April 2025
5,000
9,921
6,166
21,087
Charge for the year
-
607
1,704
2,311
At 31 March 2026
5,000
10,528
7,870
23,398
At 31 March 2026
-
2,431
3,953
6,384
At 31 March 2025
-
3,038
3,293
6,331
Amounts falling due within one year
Trade debtors
28,580
16,752
Accrued income and prepayments
1,497
7,072
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Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
11,451
Trade creditors
10,061
14,813
Taxes and social security
34,312
18,507
Loans from directors
35
339
8
Creditors: amounts falling due after more than one year
2026
2025
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss in the period to which they relate.
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Average number of employees
During the year the average number of employees was 7 (2025: 7).