| Pennine Academy of Dance Limited |
| Registered number: |
15198427 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
8,000 |
|
|
9,000 |
| Tangible assets |
4 |
|
|
4,115 |
|
|
5,637 |
|
|
|
|
12,115 |
|
|
14,637 |
|
| Current assets |
| Stocks |
|
|
4,214 |
|
|
4,000 |
| Debtors |
5 |
|
4,691 |
|
|
- |
| Cash at bank and in hand |
|
|
32,815 |
|
|
33,057 |
|
|
|
41,720 |
|
|
37,057 |
|
| Creditors: amounts falling due within one year |
6 |
|
(26,818) |
|
|
(21,495) |
|
| Net current assets |
|
|
|
14,902 |
|
|
15,562 |
|
| Total assets less current liabilities |
|
|
|
27,017 |
|
|
30,199 |
|
| Provisions for liabilities |
|
|
|
(400) |
|
|
(500) |
|
| Net assets |
|
|
|
26,617 |
|
|
29,699 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
200 |
|
|
200 |
| Share premium |
|
|
|
12,802 |
|
|
12,802 |
| Profit and loss account |
|
|
|
13,615 |
|
|
16,697 |
| Shareholder's funds |
|
|
|
26,617 |
|
|
29,699 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
| Mrs H.S. Smith |
| Director |
| Approved by the board on 18 June 2026 |
|
| Pennine Academy of Dance Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Going concern |
|
The director believes the company is experiencing healthy levels of sales and profitability and that it is well placed to manage its business risks successfully. Accordingly she has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus she continues to adopt the going concern basis of accounting in preparing the financial statements. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and Machinery |
4 years straight line basis |
|
|
Stocks |
|
Stocks are measured at the lower of cost and net realisable value. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. |
|
Taxation (continued) |
|
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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
Operating leases |
|
Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company (including director) during the year |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 November 2024 |
10,000 |
|
At 31 October 2025 |
10,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 November 2024 |
1,000 |
|
Provided during the year |
1,000 |
|
At 31 October 2025 |
2,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
8,000 |
|
At 31 October 2024 |
9,000 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery |
| £ |
|
Cost |
|
At 1 November 2024 |
6,751 |
|
Additions |
510 |
|
Disposals |
(459) |
|
At 31 October 2025 |
6,802 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
1,114 |
|
Charge for the year |
1,573 |
|
At 31 October 2025 |
2,687 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
4,115 |
|
At 31 October 2024 |
5,637 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
Prepayments |
4,691 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
Other creditors |
|
15,306 |
|
13,447 |
|
Taxation and social security costs |
3,543 |
|
5,034 |
|
Accruals |
7,969 |
|
3,014 |
|
|
|
|
|
|
26,818 |
|
21,495 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other financial commitments |
2025 |
|
2024 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
34,500 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Pennine Academy of Dance Limited is a private company limited by shares and incorporated in England. Its registered office is: 5 Hanson Road, Meltham, Holmfirth, West Yorkshire, HD9 5LR. |
|
HD9 5LR |
|
The financial statements are presented in Sterling, which is the functional currency of the company. |