REGISTERED NUMBER: |
ST GEORGE'S PREPARATORY SCHOOL LIMITED |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
REGISTERED NUMBER: |
ST GEORGE'S PREPARATORY SCHOOL LIMITED |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
ST GEORGE'S PREPARATORY SCHOOL LIMITED (REGISTERED NUMBER: 07430884) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 | to | 3 |
Notes to the Abbreviated Accounts | 4 | to | 6 |
ST GEORGE'S PREPARATORY SCHOOL LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
ST GEORGE'S PREPARATORY SCHOOL LIMITED (REGISTERED NUMBER: 07430884) |
ABBREVIATED BALANCE SHEET |
31 AUGUST 2014 |
2014 | 2013 |
as restated |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
CREDITORS |
Amounts falling due after more than one year |
5 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
ST GEORGE'S PREPARATORY SCHOOL LIMITED (REGISTERED NUMBER: 07430884) |
ABBREVIATED BALANCE SHEET - continued |
31 AUGUST 2014 |
The financial statements were approved by the Board of Directors on |
ST GEORGE'S PREPARATORY SCHOOL LIMITED (REGISTERED NUMBER: 07430884) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Goodwill |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
period of the lease. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2013 |
and 31 August 2014 |
AMORTISATION |
At 1 September 2013 |
Amortisation for year |
At 31 August 2014 |
NET BOOK VALUE |
At 31 August 2014 |
At 31 August 2013 |
ST GEORGE'S PREPARATORY SCHOOL LIMITED (REGISTERED NUMBER: 07430884) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2014 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2013 |
Additions |
At 31 August 2014 |
DEPRECIATION |
At 1 September 2013 |
Charge for year |
At 31 August 2014 |
NET BOOK VALUE |
At 31 August 2014 |
At 31 August 2013 |
4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
The aggregate total of debtors falling due after more than one year is £ |
5. | CREDITORS |
Creditors include an amount of £ |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | as restated |
£ | £ |
Ordinary | £1 |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 31 August 2014 and |
31 August 2013: |
2014 | 2013 |
as restated |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Balance outstanding at end of year |
ST GEORGE'S PREPARATORY SCHOOL LIMITED (REGISTERED NUMBER: 07430884) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2014 |
8. | GOING CONCERN |
After making enquiries, the directors have formed a judgement, at the time of approving the Financial |
Statements, that there is a reasonable expectation that the Company has adequate resources to continue in |
operational existence for the foreseeable future. For this reason the directors continue to adopt the going concern |
basis in preparing the Financial Statements. |
9. | POST BALANCE SHEET EVENTS |
In February 2015 the company successfully purchased the building that they had previously been renting. In |
doing so, they have secured a stable setting for the business to continue to expand and reduce the rental expense. |