Registered number: 08634406
SOS! SPECIAL EDUCATIONAL NEEDS DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
D S Burge & Co Ltd
SOS! Special Educational Needs Directors' Report and Unaudited Financial Statements For The Year Ended 30 September 2022
| Contents | |
|---|---|
| Page | |
| Company Information | 1 |
| Directors' Report | 2 |
| Accountant's Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 8—9 |
SOS! Special Educational Needs Company Information For The Year Ended 30 September 2022
Directors Ms Penelope Bridgeland Ms June Goh Mr Matthew Wheal Mr Simon Bull Company Number 08634406 Registered Office 6 Ladderstile Ride Kingston Upon Thames Surrey KT2 7LP Accountants D S Burge & Co Ltd Chartered Accountants 23 Chiltern Drive Surbiton Surrey KT5 8LP
Page 1
SOS! Special Educational Needs Company No. 08634406 Directors' Report For The Year Ended 30 September 2022
The directors present their report and the financial statements for the year ended 30 September 2022.
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
select suitable accounting policies and then apply them consistently; make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
| Directors | ||
|---|---|---|
| The directors who held office during the year were as follows: | ||
| Ms Penelope Bridgeland | ||
| Ms Abby Cotton | RESIGNED | 08/11/2021 |
| Ms June Goh | ||
| Mr Matthew Wheal | ||
| Mr Simon Bull | APPOINTED | 03/11/2021 |
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Ms June Goh
Director
01/02/2023
Page 2
SOS! Special Educational Needs Accountant's Report For The Year Ended 30 September 2022
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of SOS! Special Educational Needs For The Year Ended 30 September 2022
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of SOS! Special Educational Needs For The Year Ended 30 September 2022 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-andguidance.
This report is made solely to the directors of SOS! Special Educational Needs, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of SOS! Special Educational Needs and state those matters that we have agreed to state to the directors of SOS! Special Educational Needs, 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 SOS! Special Educational Needs and its directors, as a body, for our work or for this report.
It is your duty to ensure that SOS! Special Educational Needs 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 or loss of SOS! Special Educational Needs. You consider that SOS! Special Educational Needs is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of SOS! Special Educational Needs. 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 financial statements.
Signed
D S Burge & Co
01/02/2023
D S Burge & Co Ltd Chartered Accountants 23 Chiltern Drive Surbiton Surrey KT5 8LP
Page 3
SOS! Special Educational Needs Income and Expenditure Account For The Year Ended 30 September 2022
| Notes TURNOVER Cost of sales GROSS SURPLUS Administrative expenses Other operating income OPERATING SURPLUS Other interest receivable and similar income Interest payable and similar charges SURPLUS FOR THE FINANCIAL YEAR |
2022 £ 245,734 (156) 245,578 (178,817) - 66,761 25 (1,615) 65,171 |
2021 £ 184,795 (2,421) |
|---|---|---|
| 182,374 (158,168) 7,203 |
||
| 31,409 10 (10,292) |
||
| 21,127 |
The notes on pages 6 to 7 form part of these financial statements.
Page 4
SOS! Special Educational Needs Balance Sheet As at 30 September 2022
| Notes FIXED ASSETS Tangible Assets 3 CURRENT ASSETS Debtors 4 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 5 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income and Expenditure Account MEMBERS' FUNDS |
2022 £ £ 355 355 19,038 170,316 189,354 (3,889) 185,465 185,820 185,820 185,820 185,820 |
2022 £ £ 355 355 19,038 170,316 189,354 (3,889) 185,465 185,820 185,820 185,820 185,820 |
2021 £ £ - - 20,207 103,066 123,273 (2,624) 120,649 120,649 120,649 120,649 120,649 |
2021 £ £ - - 20,207 103,066 123,273 (2,624) 120,649 120,649 120,649 120,649 120,649 |
|---|---|---|---|---|
| 355 185,465 |
- 120,649 |
|||
| 189,354 (3,889) |
123,273 (2,624) |
|||
| 185,820 | 120,649 | |||
| 185,820 | 120,649 | |||
| 185,820 | 120,649 | |||
| 185,820 | 120,649 |
For the year ending 30 September 2022 the company was entitled to exemption from audit 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.
On behalf of the board
Ms June Goh
Director
01/02/2023
The notes on pages 6 to 7 form part of these financial statements.
Page 5
SOS! Special Educational Needs Notes to the Financial Statements For The Year Ended 30 September 2022
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery | 4 years |
|---|---|
| Fixtures & Fittings | 4 years |
| Computer Equipment | 4 years |
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 5 (2021: 5)
3. Tangible Assets
| Cost As at 1 October 2021 Additions As at 30 September 2022 Depreciation As at 1 October 2021 Provided during the period As at 30 September 2022 Net Book Value As at 30 September 2022 As at 1 October 2021 |
Plant & Machinery £ 6,057 - |
Fixtures & Fittings £ - 100 |
Computer Equipment £ - 374 |
Total £ 6,057 474 |
|---|---|---|---|---|
| 6,057 | 100 | 374 | 6,531 | |
| 6,057 - |
- 25 |
- 94 |
6,057 119 |
|
| 6,057 | 25 | 94 | 6,176 | |
| - | 75 | 280 | 355 | |
| - | - | - | - |
Page 6
SOS! Special Educational Needs Notes to the Financial Statements (continued) For The Year Ended 30 September 2022
4. Debtors
| . Debtors |
||
|---|---|---|
| Due within one year Trade debtors Other debtors VAT Net wages . Creditors: Amounts Falling Due Within One Year Other taxes and social security Other creditors |
2022 £ 2,470 14,000 1,920 648 19,038 2022 £ 1,816 2,073 3,889 |
2021 £ 170 14,373 5,664 - |
| 20,207 | ||
| 2021 £ 551 2,073 |
||
| 2,624 |
- Creditors: Amounts Falling Due Within One Year
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7. General Information
SOS! Special Educational Needs is a private company, limited by guarantee, incorporated in England & Wales, registered number 08634406. The registered office is 6 Ladderstile Ride, Kingston Upon Thames, Surrey, KT2 7LP.
Page 7
SOS! Special Educational Needs Detailed Income and Expenditure Account For The Year Ended 30 September 2022
| TURNOVER Sales COST OF SALES Purchases GROSS SURPLUS Administrative Expenses Wages and salaries Employers NI Employers pensions - defined contributions scheme Staff training Rent Rates Light and heat Repairs and maintenance Cleaning Computer software, consumables and maintenance Insurance Printing, postage and stationery Advertising and marketing costs Telecommunications and data costs Accountancy fees Legal fees Consultancy fees Subscriptions Professional subscriptions Depreciation Entertaining Sundry expenses Other Operating Income Other coronavirus grant income OPERATING SURPLUS Other interest receivable and similar income Other interest receivable |
2022 £ £ 245,734 156 (156) 245,578 117,612 5,828 1,174 - 25,841 1,075 2,399 3,098 2,800 1,291 1,354 2,526 - 3,057 2,060 - - 371 4,750 119 1,080 2,382 (178,817) - - 66,761 25 25 |
2022 £ £ 245,734 156 (156) 245,578 117,612 5,828 1,174 - 25,841 1,075 2,399 3,098 2,800 1,291 1,354 2,526 - 3,057 2,060 - - 371 4,750 119 1,080 2,382 (178,817) - - 66,761 25 25 |
2021 £ £ 184,795 2,421 (2,421) 182,374 110,196 5,668 1,025 125 20,965 840 1,303 3,700 2,993 596 2,188 1,941 50 2,916 1,473 179 70 398 - - 225 1,317 (158,168) 7,203 7,203 31,409 10 10 ...CONTINUED |
|---|---|---|---|
| 117,612 5,828 1,174 - 25,841 1,075 2,399 3,098 2,800 1,291 1,354 2,526 - 3,057 2,060 - - 371 4,750 119 1,080 2,382 |
110,196 5,668 1,025 125 20,965 840 1,303 3,700 2,993 596 2,188 1,941 50 2,916 1,473 179 70 398 - - 225 1,317 |
||
| 245,578 (178,817) - |
|||
| - | 7,203 | ||
| 25 | 10 | ||
| 66,761 25 |
|||
Page 8
SOS! Special Educational Needs Detailed Income and Expenditure Account (continued) For The Year Ended 30 September 2022
| Interest payable and similar expenses Bank charges Operating leases SURPLUS FOR THE FINANCIAL YEAR |
1,615 - |
(1,615) | 292 10,000 |
(10,292) |
|---|---|---|---|---|
| 65,171 | 21,127 |
Page 9