Acorah Software Products - Accounts Production 19.3.550 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 09115164 Mr Mukund Thapa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09115164 2024-07-31 09115164 2025-07-31 09115164 2024-08-01 2025-07-31 09115164 frs-core:CurrentFinancialInstruments 2025-07-31 09115164 frs-core:Non-currentFinancialInstruments 2025-07-31 09115164 frs-core:ComputerEquipment 2024-08-01 2025-07-31 09115164 frs-core:FurnitureFittings 2024-08-01 2025-07-31 09115164 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-01 2025-07-31 09115164 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-31 09115164 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 09115164 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 09115164 frs-core:PlantMachinery 2025-07-31 09115164 frs-core:PlantMachinery 2024-08-01 2025-07-31 09115164 frs-core:PlantMachinery 2024-07-31 09115164 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 09115164 frs-bus:CompanyLimitedByGuarantee 2024-08-01 2025-07-31 09115164 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 09115164 frs-bus:SmallEntities 2024-08-01 2025-07-31 09115164 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 09115164 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 09115164 frs-bus:Director1 2024-08-01 2025-07-31 09115164 frs-countries:EnglandWales 2024-08-01 2025-07-31 09115164 2023-07-31 09115164 2024-07-31 09115164 2023-08-01 2024-07-31 09115164 frs-core:CurrentFinancialInstruments 2024-07-31 09115164 frs-core:Non-currentFinancialInstruments 2024-07-31 09115164 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 09115164
South London Academy Ltd
Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09115164
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,586 3,449
2,586 3,449
CURRENT ASSETS
Debtors 5 129,351 123,896
Cash at bank and in hand 8,949 8,287
138,300 132,183
Creditors: Amounts Falling Due Within One Year 6 (256,576 ) (89,119 )
NET CURRENT ASSETS (LIABILITIES) (118,276 ) 43,064
TOTAL ASSETS LESS CURRENT LIABILITIES (115,690 ) 46,513
Creditors: Amounts Falling Due After More Than One Year 7 (39,845 ) (46,442 )
NET (LIABILITIES)/ASSETS (155,535 ) 71
Income and Expenditure Account (155,535 ) 71
MEMBERS' FUNDS (155,535) 71
Page 1
Page 2
For the year ending 31 July 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Mr Mukund Thapa
Director
30/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
South London Academy Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 09115164 . The registered office is Floor 2 115-123 Powis Street, London, SE18 6JL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 25%
Leasehold 25%
Plant & Machinery 25%
Fixtures & Fittings 25%
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 8)
9 8
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 August 2024 17,640 12,954 30,594
As at 31 July 2025 17,640 12,954 30,594
Depreciation
As at 1 August 2024 15,677 11,468 27,145
Provided during the period 491 372 863
As at 31 July 2025 16,168 11,840 28,008
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2025 1,472 1,114 2,586
As at 1 August 2024 1,963 1,486 3,449
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 129,351 123,896
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 207,432 31,197
Corporation tax 5,181 2,359
Other taxes and social security 43,963 55,563
256,576 89,119
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 39,845 46,442
Page 4