Registered Number: 05701213 England and Wales
PEWSHAM PRE-SCHOOL LIMITED
Abridged Accounts
Period of accounts
Start date: 01 September 2021 End date: 31 August 2022
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PEWSHAM PRE-SCHOOL LIMITED Contents Page For the year ended 31 August 2022
| Accountants' report | 3 |
|---|---|
| Statement of financial position | 4 |
| Notes to the financial statements | 6 |
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PEWSHAM PRE-SCHOOL LIMITED Accountants' Report For the year ended 31 August 2022
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of PEWSHAM PRE-SCHOOL LIMITED for the year ended 31 August 2022 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PEWSHAM PRE-SCHOOL LIMITED for the year ended 31 August 2022 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the Board of Directors of PEWSHAM PRE-SCHOOL LIMITED , as a body, in accordance with the terms of our engagement letter dated 24 March 2023. Our work has been undertaken solely to prepare for your approval the accounts of PEWSHAM PRE-SCHOOL LIMITED and state those matters that we have agreed to state to the Board of Directors of PEWSHAM PRESCHOOL LIMITED , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PEWSHAM PRE-SCHOOL LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PEWSHAM PRE-SCHOOL LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PEWSHAM PRE-SCHOOL LIMITED . You consider that PEWSHAM PRE-SCHOOL LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PEWSHAM PRESCHOOL LIMITED . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 August 2022
.................................................... Boffix & Co Accountancy Limited St Alban Tower Wood Street London EC2V 7AF 24 March 2023
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PEWSHAM PRE-SCHOOL LIMITED Statement of Financial Position As at 31 August 2022
| Notes Fixed assets Tangible fixed assets Current assets Stocks Debtors Cash at bank and in hand Creditors: amount falling due within one year Net current assets Total assets less current liabilities Net assets Capital and reserves Profit and loss account Members' funds |
2022 £ 3,844 3,844 0 878 133,594 134,472 0 134,472 138,316 138,316 138,316 138,316 |
2021 £ 4,400 |
|---|---|---|
| 4,400 1,288 0 127,518 |
||
| 128,806 (1,595) |
||
| 127,211 | ||
| 131,611 | ||
| 131,611 | ||
| 131,611 | ||
| 131,611 |
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PEWSHAM PRE-SCHOOL LIMITED Statement of Financial Position As at 31 August 2022
For the year ended 31 August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 24 March 2023 and were signed on its behalf by:
-------------------------------Peter Thomas MARLOW Director
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PEWSHAM PRE-SCHOOL LIMITED Notes to the Abridged Financial Statements For the year ended 31 August 2022
General Information
PEWSHAM PRE-SCHOOL LIMITED is a private company, limited by guarantee, registered in England and Wales, registration number 05701213, registration address Pewsham Preschool Lodge Road, Kings Lodge School Site, Chippenham, Wiltshire, SN15 3SY.
The presentation currency is £ sterling.
1. Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Group accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Preference dividends
Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in interest payable and similar charges within the income statement.
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PEWSHAM PRE-SCHOOL LIMITED Notes to the Abridged Financial Statements For the year ended 31 August 2022
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| g basis: | |
|---|---|
| Fixtures and Fittings | 15 Reducing Balance |
| Improvements to property | 10 Reducing Balance |
| Plant and Machinery | 20 Reducing Balance |
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Average number of employees
Average number of employees during the year was 9 (2021 : 9).
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PEWSHAM PRE-SCHOOL LIMITED Notes to the Abridged Financial Statements For the year ended 31 August 2022
3. Tangible fixed assets
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Cost or valuation At 01 September 2021 Additions Disposals At 31 August 2022 Depreciation At 01 September 2021 Charge for year On disposals At 31 August 2022 Net book values Closing balance as at 31 August 2022 Opening balance as at 01 September 2021 |
Plant and Machinery £ 841 - - 841 841 - - 841 - (23) |
Fixtures and Fittings £ 11,440 - - 11,440 8,698 411 - 9,109 2,331 2,742 |
Improvements to property £ 37,952 - - 37,952 36,271 168 - 36,439 1,513 1,681 |
Total £ 50,233 - - |
| 50,233 | ||||
| 45,810 579 - |
||||
| 46,389 | ||||
| 3,844 | ||||
| 4,400 |
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Signed By
Date Signed 2023-04-26 13:26:14 Email pewshamtreasurer@gmail.com Printed Name PETER THOMAS MARLOW IP Address 161.69.71.25 Browser User Agent Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/112.0.0.0 Safari/537.36 Name of signatory Peter Marlow