Art Academy East Ltd

Registered Number: 10274259 Art Academy East Ltd
Statement of Financial Position
As at 31 January 2026

	2026		2025
	£	£	£	£
Fixed assets		-		8,553
Current assets	102		177,327
Creditors: amount falling due within one year	(5,022)		(94,074)
Net current assets		(4,920)		83,253
Total assets less current liabilities		(4,920)		91,806
Net assets		(4,920)		91,806


Capital and reserves		(4,920)		91,806

NOTES TO THE ACCOUNTS

General Information

Art Academy East Ltd is a private company, limited by shares, registered in England and Wales, registration number 10274259, registration address 3 Brickfields Business Park, Old Stowmarket Road, Woolpit, Bury St Edmunds, IP30 9QS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – 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.

The financial statements are prepared in sterling which is the functional currency of the company.

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 10 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:

Plant and Machinery	20% Reducing Balance
Computer Equipment	20% Reducing Balance

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 February 2025	10,000	10,000
Additions	-	-
Disposals	-	-
At 31 January 2026	10,000	10,000
Amortisation
At 01 February 2025	9,500	9,500
Charge for year	500	500
On disposals	-	-
At 31 January 2026	10,000	10,000
Net book values
At 31 January 2026	-	-
At 31 January 2025	500	500

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 February 2025	11,965	12,409	24,374
Additions	-	-	-
Disposals	(11,965)	(12,409)	(24,374)
At 31 January 2026	-	-	-
Depreciation
At 01 February 2025	7,917	8,404	16,321
Charge for year	809	801	1,610
On disposals	(8,726)	(9,205)	(17,931)
At 31 January 2026	-	-	-
Net book values
Closing balance as at 31 January 2026	-	-	-
Opening balance as at 01 February 2025	4,048	4,005	8,053

4.	Average number of employees Average number of employees during the year was 2 (2025 : 3).

Related parties

During the year the company entered into the following transactions with related parties:

	Amount due from/to related party		Provision for doubtful debt from the related party
	2026 £	2025 £	2026 £	2025 £
Smith & James Property Ltd	-	89,338	-	-
Norwich Pottery Studio Ltd	-	(59,981)	-	-
Haleo Properties Ltd	-	40,000	-	-
Claire Smith & Esther James	-	(19,341)	-	-

For the year ended 31 January 2026 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 accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 13 July 2026 and were signed on its behalf by:

--------------------------------
Esther James
Director

Registered Number: 10274259
England and Wales
Unaudited Financial Statements

for the year ended 31 January 2026
for
ART ACADEMY EAST LTD