Accounts Submission

ACADEMY OF IDEAS LTD - Company Information

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Company Registration Number:
03953146 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

Contents of the Financial Statements

for the Period Ended 31 March 2021


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 31 March 2021

The directors present their report with the financial statements of the company for the period ended 31 March 2021

Principal Activities

Conference organisation, education and publishing

Political and charitable donations

The company's charitable donations during the period amounted to £100,000. No political donations were made

Directors

The directors shown below have held office during the whole of the period from 01 April 2020 to 31 March 2021
Claire Fox

This report was approved by the board of directors on 17 December 2021
And Signed On Behalf Of The Board By:

Name: Claire Fox
Status: Director

Profit and Loss Account

for the Period Ended 31 March 2021

	2021 £	2020 £
Gross Profit or (Loss)	358,048	122,490
Income from coronavirus (COVID-19) business support grants	5,000	0
Distribution Costs	( 0 )	( 0 )
Administrative Expenses	( 148,534 )	( 99,158 )
Operating Profit or (Loss)	214,514	23,332
Interest Receivable and Similar Income	0	40
Interest Payable and Similar Charges	( 0 )	( 0 )
Profit or (Loss) Before Tax	214,514	23,372
Tax on Profit	( 40,757 )	( 1,850 )
Profit or (Loss) for Period	173,757	21,522

The notes form part of these financial statements

Balance sheet

As at 31 March 2021

	Notes	2021 £	2020 £
Fixed assets
Tangible assets:	4	0	0
Total fixed assets:		0	0
Current assets
Stocks:		500	500
Debtors:		176,450	189,781
Cash at bank and in hand:		343,375	67,784
Total current assets:		520,325	258,065
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:		( 147,823 )	( 59,321 )
Net current assets (liabilities):		372,502	198,744
Total assets less current liabilities:		372,502	198,744
Creditors: amounts falling due after more than one year:		( 0 )	( 0 )
Provision for liabilities:		( 0 )	( 0 )
Accruals and deferred income:		( 0 )	( 0 )
Total net assets (liabilities):		372,502	198,744

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2021

	2021 £	2020 £
Capital and reserves
Called up share capital:	10,300	10,300
Profit and loss account:	362,202	188,444
Shareholders funds:	372,502	198,744

For the year ending 31 March 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 17 December 2021
And Signed On Behalf Of The Board By:

Name: Claire Fox
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2021

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

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

	2021	2020
Average number of employees during the period	6	6

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Tangible Assets

	Total
Cost	£
At 01 April 2020	4,753
Additions	0
Disposals	(0)
Revaluations	0
Transfers	0
At 31 March 2021	4,753
Depreciation
At 01 April 2020	4,753
Charge for year	0
On disposals	(0)
Other adjustments	0
At 31 March 2021	4,753
Net book value
At 31 March 2021	0
At 31 March 2020	0

Director:		Claire Fox


Registered office:		Unit 208, Cocoa Studios The Biscuit Factory Drummond Road London England SE16 4DG


Company Registration Number:		03953146 (England and Wales)

Accounts Submission