REGISTERED NUMBER: 06110134 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

ACADEMY OF MAKERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A C H Gordon OBE

SECRETARY:

Mrs A Whitbread

REGISTERED OFFICE:

Ruskin Mill

Old Bristol Road

Nailsworth

Gloucestershire

GL6 0LA

REGISTERED NUMBER:

06110134 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Eden House

Two Rivers Business Park

Witney

Oxfordshire

OX28 4BL

FIXED ASSETS

Tangible assets

4

914,243

942,302

CURRENT ASSETS

Debtors

5

269,956

272,410

Cash at bank

58,322

32,118

328,278

304,528

CREDITORS

Amounts falling due within one year

6

20,447

13,803

NET CURRENT ASSETS

307,831

290,725

TOTAL ASSETS LESS CURRENT LIABILITIES

1,222,074

1,233,027

CREDITORS

Amounts falling due after more than one year

7

1,486,580

1,469,475

NET LIABILITIES

(264,506

)

(236,448

)

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

(264,507

)

(236,449

)

SHAREHOLDERS' FUNDS

(264,506

)

(236,448

)

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2026 and were signed by:

Mr A C H Gordon OBE - Director

1.	STATUTORY INFORMATION

Academy of Makers Limited 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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.

Freehold property

-

2% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Going concern

The director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For long term finance the company relies on loans provided by group undertakings, disclosed in the notes to these financial statements. In assessing going concern the director has received written assurance that these loans will not be repaid for the foreseeable future and, on that basis, continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the profit and loss account over the expected useful lives of the assets concerned. Other grants are credited to the profit and loss account as the related expenditure is incurred.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 September 2024

and 31 August 2025

1,401,561

DEPRECIATION

At 1 September 2024

459,259

Charge for year

28,059

At 31 August 2025

487,318

NET BOOK VALUE

At 31 August 2025

914,243

At 31 August 2024

942,302

The directors regard the property as a functional asset of the company as it is used for one day a week to further the charitable objects of its parent charity, Ruskin Mill Land Trust and the associated charity Ruskin Mill Trust Limited.

5.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Trade debtors

13,376

9,778

Waldorf School Loan

84,630

16,667

VAT

927

794

Prepayments

1,764

7,949

100,697

35,188

Amounts falling due after more than one year:

Waldorf School Loan

169,259

237,222

Aggregate amounts

269,956

272,410

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

1,054

193

Amounts owed to group undertakings

12,650

12,650

Accruals and deferred income

6,743

960

20,447

13,803

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Other creditors

942,073

788,841

Deferred capital grants

544,507

680,634

1,486,580

1,469,475

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

1

Ordinary

£1

1

1

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company has made a loan to Waldorf School (Bristol) Limited, a company of which Mr ACH Gordon is a director. The balance outstanding at 31 August 2025 was £253,889 (2024: £253,889). This is included in debtors (note 6).

10.	ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The ultimate parent undertaking is Ruskin Mill Land Trust, an unincorporated registered charity. Copies of their accounts can be obtained from the Charity Commission, PO Box 1227, Liverpool, L69 3UG.