Registered Number 07430884

ST GEORGE'S PREPARATORY SCHOOL LIMITED

Abbreviated Accounts

31 August 2012

ST GEORGE'S PREPARATORY SCHOOL LIMITED Registered Number 07430884

Abbreviated Balance Sheet as at 31 August 2012

Notes 2012 2011
£ £
Fixed assets
Intangible assets 2 1,001 1,001
Tangible assets 3 5,873 6,214
6,874 7,215
Current assets
Stocks 6,845 6,845
Cash at bank and in hand - 424
6,845 7,269
Creditors: amounts falling due within one year (24,541) (13,313)
Net current assets (liabilities) (17,696) (6,044)
Total assets less current liabilities (10,822) 1,171
Creditors: amounts falling due after more than one year - (11,623)
Total net assets (liabilities) (10,822) (10,452)
Capital and reserves
Called up share capital 2 2
Profit and loss account (10,824) (10,454)
Shareholders' funds (10,822) (10,452)
  • For the year ending 31 August 2012 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 May 2013

And signed on their behalf by:
Mark Whelan, Director
Sarah Whelan, Director

ST GEORGE'S PREPARATORY SCHOOL LIMITED Registered Number 07430884

Notes to the Abbreviated Accounts for the period ended 31 August 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, inclusive of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Intangible fixed assets
£
Cost
At 1 September 2011 1,001
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2012 1,001
Amortisation
At 1 September 2011 0
Charge for the year -
On disposals 0
At 31 August 2012 0
Net book values
At 31 August 2012 1,001
At 31 August 2011 1,001

Amortisation of goodwill

3Tangible fixed assets
£
Cost
At 1 September 2011 6,655
Additions 32
Disposals -
Revaluations -
Transfers -
At 31 August 2012 6,687
Depreciation
At 1 September 2011 441
Charge for the year 373
On disposals -
At 31 August 2012 814
Net book values
At 31 August 2012 5,873
At 31 August 2011 6,214

4Transactions with directors

Name of director receiving advance or credit: Mark Whelan
Description of the transaction: Directors Loan
Balance at 1 September 2011: £ 0
Advances or credits made: £ 5,661
Advances or credits repaid: £ 4,587
Balance at 31 August 2012: £ 1,074

Name of director receiving advance or credit: Sarah Whelan
Description of the transaction: Directors Loan
Balance at 1 September 2011: -
Advances or credits made: £ 5,661
Advances or credits repaid: £ 4,587
Balance at 31 August 2012: £ 1,074

The Directors have resolved not to seek repayment of the loans in the near future.