Contents of the Financial Statements

for the Period Ended 28 February 2026

Balance sheet

As at 28 February 2026

The notes form part of these financial statements

Balance sheet statements

For the year ending 28 February 2026 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 28 February 2026

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Revenue comprises education and training income and excludes VAT. Revenue from apprenticeship and training programmes is recognised as training is delivered, based on the funding earned for each learner in each month on programme. The completion element is recognised when the learner completes. Revenue not yet received is included in debtors.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are carried at cost less accumulated depreciation. All fixed assets were fully depreciated at the start and end of the year. There were no additions, disposals or depreciation charges during the year. Tangible fixed assets Cost at the beginning and end of the year comprises computer equipment £12,879.83, leasehold improvements £5,591.76 and office equipment £664.51, totalling £19,136.10. Accumulated depreciation at the beginning and end of the year was £19,136.10. The depreciation charge for the year and net book value at the year end were nil.

  Other accounting policies

  General information The Management Academy Ltd (registered number 09987049) is a private company incorporated in England and Wales. Its registered office is Mill House, Aynho, Nr Banbury, England, OX17 3AY. Basis of preparation The financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", including the small entity provisions of Section 1A, and the Companies Act 2006 as applicable to companies subject to the small companies regime. They have been prepared under the historical cost convention. The balance sheet and note tables in this filing are presented in sterling, rounded to the nearest pound. Foreign currencies Transactions in foreign currencies are recorded at their sterling transaction amounts. There were no foreign-currency monetary balances at the reporting date. Finance income and costs There was no finance income or finance cost for the year. Pensions Employer pension contributions are recognised as an expense when payable. Taxation Current tax is recognised at the amount payable in respect of taxable profits. Deferred tax is recognised on timing differences between taxable profits and profit in the financial statements. The current tax expense and year-end creditor are £8,908.59. The tax charge also includes a credit of £417.77 for corporation tax over-provided in the prior year. A deferred tax asset of £665.00 is recognised on the £3,500.00 charitable donation accrued at the year end, which is deductible for tax when paid. The total tax charge is £7,825.82. Financial instruments and impairment Short-term debtors and creditors are stated at their recorded amounts. Debtors comprise trade receivables, accrued income, VAT recoverable and an HMRC Employment Allowance receivable. Creditors comprise accrued costs, taxation, social security, pension contributions and unpaid wages. Employment Allowance Employment Allowance reduces employer National Insurance contributions and is recognised as a reduction in staff costs in the period in which the related employer National Insurance is incurred, where the Company is entitled to claim it. Allowance for earlier tax years is recognised when the claim is made. Unused allowance is included in debtors until it is set against PAYE liabilities. Share capital and reserves Called up share capital comprises two ordinary shares of £1 each.

Notes to the Financial Statements

for the Period Ended 28 February 2026

• 2. Employees

  	2026	2025
  Average number of employees during the period	3	3