NEUROLOGY ACADEMY LIMITED


Director	Sarah J GILLETT


Company Secretary	GILLETT, Maisy Jane


Registered Address	St Deny's House
	22 East Hill
	St. Austell
	PL25 4TR


Registered Number	03591204 (England and Wales)

Balance Sheet as at
31 July 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		37,524		54,154
			37,524		54,154
Current assets
Stocks	4	2,000		2,000
Debtors	5	217,327		228,834
Cash at bank and on hand		305,917		166,561
		525,244		397,395
Creditors amounts falling due within one year	6	(500,225)		(413,758)
Net current assets (liabilities)			25,019		(16,363)
Total assets less current liabilities			62,543		37,791
Creditors amounts falling due after one year	7		(28,621)		-
Provisions for liabilities	8		(9,380)		(13,538)
Net assets			24,542		24,253
Capital and reserves
Called up share capital			5		5
Profit and loss account			24,537		24,248
Shareholders' funds			24,542		24,253

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 9 September 2026, and are signed on its behalf by:

Sarah J GILLETT
Director
Registered Company No. 03591204

NEUROLOGY ACADEMY LIMITED

Notes to the Financial Statements
for the year ended 31 July 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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 rendering of services.

	Revenue from rendering of services
	Revenue 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	7

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	14		16

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 August 25	171,857	171,857
Additions	1,682	1,682
At 31 July 26	173,539	173,539
Depreciation and impairment
At 01 August 25	117,703	117,703
Charge for year	18,312	18,312
At 31 July 26	136,015	136,015
Net book value
At 31 July 26	37,524	37,524
At 31 July 25	54,154	54,154

4.	Stocks

	2026	2025
	£	£
Raw materials and consumables	2,000	2,000
Total	2,000	2,000

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	205,866	189,435
Other debtors	-	7,953
Prepayments and accrued income	11,461	31,446
Total	217,327	228,834

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Bank borrowings and overdrafts	19,414	-
Taxation and social security	94,464	74,788
Other creditors	30,062	75,052
Accrued liabilities and deferred income	356,285	263,918
Total	500,225	413,758

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	28,621	-
Total	28,621	-

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	9,380	13,538
Total	9,380	13,538

9.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Sarah J GILLETT	0	24,062	0	24,062
	0	24,062	0	24,062

10.	Related party transactions
	During the year the shareholder Maisy Gillett, the daughter of the director Sarah Gillett, received a dividend of £6,000 in accordance with the dividend declared on the company's ordinary shares.