| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2025 |
| FOR |
| JCA LONDON FASHION ACADEMY LIMITED |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2025 |
| FOR |
| JCA LONDON FASHION ACADEMY LIMITED |
| JCA LONDON FASHION ACADEMY LIMITED (REGISTERED NUMBER: 12665486) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| JCA LONDON FASHION ACADEMY LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants |
| Statutory Auditors |
| Level 5a |
| Maple House |
| 149 Tottenham Court Road |
| London |
| W1T 7NF |
| JCA LONDON FASHION ACADEMY LIMITED (REGISTERED NUMBER: 12665486) |
| BALANCE SHEET |
| 31 JULY 2025 |
| 2025 | 2024 |
| as restated |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| The financial statements were approved by the director and authorised for issue on |
| JCA LONDON FASHION ACADEMY LIMITED (REGISTERED NUMBER: 12665486) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 1. | STATUTORY INFORMATION |
| JCA London Fashion Academy Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Profit and Loss, 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 balance sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Going concern |
| The financial statements have been prepared on a going concern basis. In assessing the appropriateness of this basis, the directors have considered the company’s current financial position, cash flow forecasts, and future operational plans. Based on this assessment, the directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. |
| In forming this view, the directors have also taken into account a letter of support received from the company’s parent undertaking. The parent company has confirmed its intention to provide financial assistance to the company, including the injection of funds should this be required, for a period of at least 12 months from the date of approval of these financial statements. Furthermore, the parent company has confirmed that any existing balances owed by the company will not be demanded for repayment in circumstances where this would jeopardize the company’s ability to continue trading. |
| Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| JCA LONDON FASHION ACADEMY LIMITED (REGISTERED NUMBER: 12665486) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 August 2024 |
| and 31 July 2025 |
| DEPRECIATION |
| At 1 August 2024 |
| Charge for year |
| At 31 July 2025 |
| NET BOOK VALUE |
| At 31 July 2025 |
| At 31 July 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| a | s | restated |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| a | s | restated |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | LEASING AGREEMENTS |
| The company occupies its premises under a non-cancellable operating lease which commenced on 9 September 2021. As at 31 July 2025, the remaining lease term is 11 years. The annual rent receivable under the lease is £625,000, exclusive of service charges. Service charges are variable and receivable based on actual costs incurred; therefore, they have not been included in the amounts below. |
| Future minimum lease payments under the non-cancellable operating lease are as follows: |
| Commitment period | Amount (£ | ) |
| Within one year | 625,000 |
| Between one and five year | 2,500,000 |
| In more than five years | 3,875,000 |
| Service charges will continue to be receivable in addition to the above amounts, based on actual expenditure incurred. |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| JCA LONDON FASHION ACADEMY LIMITED (REGISTERED NUMBER: 12665486) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, the company entered into transactions with related parties. Related parties include directors, shareholders, and entities under common control. The outstanding balances at the year-end were as follows: |
| Related Party | Balance at Year-End (£ | ) | Nature of Balance |
| JSA Education Group Ltd | (547,497 | ) | Payable balance |
| All amounts due to related parties are unsecured, repayable on demand and interest free. |