Accounts Submission

ACADEMY OF IDEAS LTD - Company Information

Company Accounts and Tax Online 03953146 Board of Directors 1.4.21 31.3.22 31.3.22 No description of principal activity false iso4217:GBP xbrli:pure 03953146 2020-04-01 2021-03-31 03953146 2022-03-31 03953146 2021-04-01 2022-03-31 03953146 2021-03-31 03953146 countries:EnglandWales 2021-04-01 2022-03-31 03953146 curr:PoundSterling 2021-04-01 2022-03-31 03953146 uk-bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 03953146 uk-bus:FRS102 2021-04-01 2022-03-31 03953146 uk-bus:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 03953146 uk-bus:AbridgedAccounts 2021-04-01 2022-03-31 03953146 uk-bus:RegisteredOffice 2021-04-01 2022-03-31 03953146 uk-bus:Director1 2021-04-01 2022-03-31 03953146 uk-bus:Director1 2021-04-01 03953146 uk-bus:Director1 2022-03-31 03953146 core:AfterOneYear 2022-03-31 03953146 core:AfterOneYear 2021-03-31 03953146 core:WithinOneYear 2022-03-31 03953146 core:WithinOneYear 2021-03-31 03953146 core:WithinOneYear 2021-04-01 2022-03-31 03953146 core:AfterOneYear 2022-03-31 03953146 core:AfterOneYear 2021-03-31 03953146 core:AfterOneYear 2021-04-01 2022-03-31 03953146 core:ShareCapital 2022-03-31 03953146 core:ShareCapital 2021-03-31 03953146 core:RevaluationReserve 2022-03-31 03953146 core:RevaluationReserve 2021-03-31 03953146 core:RetainedEarningsAccumulatedLosses 2022-03-31 03953146 core:RetainedEarningsAccumulatedLosses 2021-03-31 03953146 1 2021-04-01 2022-03-31

Company Registration Number:
03953146 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

Contents of the Financial Statements

for the Period Ended 31 March 2022


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 2022

The directors present their report with the financial statements of the company for the period ended 31 March 2022

Directors

The directors shown below have held office during the whole of the period from 01 April 2021 to 31 March 2022
Claire Fox

This report was approved by the board of directors on 28 December 2022
And Signed On Behalf Of The Board By:

Name: Claire Fox
Status: Director

Profit and Loss Account

for the Period Ended 31 March 2022

	2022 £	2021 £
Gross Profit or (Loss)	( 85,920 )	363,048
Income from coronavirus (COVID-19) business support grants	0	0
Distribution Costs	( 0 )	( 0 )
Administrative Expenses	( 61,387 )	( 148,534 )
Operating Profit or (Loss)	( 147,307 )	214,514
Interest Receivable and Similar Income	196	0
Interest Payable and Similar Charges	( 0 )	( 0 )
Profit or (Loss) Before Tax	( 147,111 )	214,514
Tax on Profit	( 0 )	( 40,757 )
Profit or (Loss) for Period	( 147,111 )	173,757

The notes form part of these financial statements

Balance sheet

As at 31 March 2022

	Notes	2022 £	2021 £
Fixed assets
Tangible assets:	4	0	0
Total fixed assets:		0	0
Current assets
Stocks:		500	500
Debtors:		156,002	176,450
Cash at bank and in hand:		134,601	343,375
Total current assets:		291,103	520,325
Creditors: amounts falling due within one year:		( 65,712 )	( 147,823 )
Net current assets (liabilities):		225,391	372,502
Total assets less current liabilities:		225,391	372,502
Total net assets (liabilities):		225,391	372,502

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2022

	2022 £	2021 £
Capital and reserves
Called up share capital:	10,300	10,300
Profit and loss account:	215,091	362,202
Shareholders funds:	225,391	372,502

For the year ending 31 March 2022 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 28 December 2022
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 2022

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 2022

2. Employees

	2022	2021
Average number of employees during the period	6	6

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible Assets

	Total
Cost	£
At 01 April 2021	4,753
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2022	4,753
Depreciation
At 01 April 2021	4,753
Charge for year	-
On disposals	-
Other adjustments	-
At 31 March 2022	4,753
Net book value
At 31 March 2022	0
At 31 March 2021	0

Director:		Claire Fox


Registered office:		Third Floor 5-8 The Sanctuary London GBR SW1P 3JS


Company Registration Number:		03953146 (England and Wales)

Accounts Submission