2022-08-31-accounts - Nant-Y-Cwm Steiner School Limited

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Registered number 01527406

Nant-Y-Cwm Steiner School Limited

Report and Accounts

31 August 2022

Nant-Y-Cwm Steiner School Limited Report and accounts Contents

	Page
Company information	1
Directors' report	2
Accountants' report	3
Profit and loss account	4
Balance sheet	5
Notes to the accounts	6

Nant-Y-Cwm Steiner School Limited Company Information

Directors

Peter John Jewell (resigned 25 February 2022) Mark Adrian Truman Professor Ronald Allen Geaves Dr Patrick Cormac Bernard Joseph Robson (appointed 15 January 2022) Richard Stuart Turner (appointed 15 January 2022)

Accountants

Gwenno Accountancy Services Ltd Glan Gwaun Pontfaen Fishguard Pembrokeshire SA65 9SG

Registered office

Llanycefn Clunderwen Pembrokeshire SA66 7QJ

Registered number

01527406

Nant-Y-Cwm Steiner School Limited Registered number: 01527406 Directors' Report

The directors present their report and accounts for the year ended 31 August 2022.

Principal activities

Nant-Y-Cwm Steiner School is a private company, limited by guarantee, registered in England and Wales, registration number 01527406. The registered officed is Llanycefn, Clunderwen, Pembrokeshire. SA66 7QJ.

Directors

The following persons served as directors during the year:

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 19 May 2023 and signed on its behalf.

Mark Adrian Truman Director

Nant-Y-Cwm Steiner School Limited Accountants' Report

Accountants' report to the directors of Nant-Y-Cwm Steiner School Limited

You consider that the company is exempt from an audit for the year ended 31 August 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Gwenno Accountancy Services Ltd Accountants

Glan Gwaun Pontfaen Fishguard Pembrokeshire SA65 9SG

19 May 2023

Nant-Y-Cwm Steiner School Limited Profit and Loss Account for the year ended 31 August 2022

Turnover Cost of sales Gross profit Administrative expenses Other operating income Operating profit Interest payable Profit before taxation Tax on profit Profit for the financial year	2022 £ 287,568 (241,942) 45,626 (39,604) 4,487 10,509 (4,197) 6,312 - 6,312	2021 £ 224,352 (205,209) 19,143 (40,451) 25,649 4,341 (2,694) 1,647 - 1,647

Nant-Y-Cwm Steiner School Limited

Registered number: 01527406 Balance Sheet as at 31 August 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 Total assets less current liabilities Creditors: amounts falling due after more than one year 6 Net assets Capital and reserves Revaluation reserve 7 Profit and loss account Shareholders' funds	2022 £ 350,844 28,063 8,155 36,218 (4,071) 32,147 382,991 (125,322) 257,669 259,167 (1,498) 257,669	Reinstated 2021 £ 350,844 33,719 19,401 53,120 (10,332) 42,788 393,632 (142,275) 251,357 259,167 (7,810) 251,357

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

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.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Richard Stuart Turner Director Approved by the board on 19 May 2023

Nant-Y-Cwm Steiner School Limited Notes to the Accounts for the year ended 31 August 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Tangible fixed assets

All fixed assets are initially recorded at cost.

Land and buildings Land and buildings were last revalued in April 2020 Plant and machinery It is not considered necessary to depreciate pland and machinery

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2 Employees Average number of persons employed by the company	2022 Number 16	2021 Number 18

Nant-Y-Cwm Steiner School Limited Notes to the Accounts for the year ended 31 August 2022

3 Tangible fixed assets

Land and buildings £ Cost At 1 September 2021 350,000 At 31 August 2022 350,000 Depreciation At 31 August 2022 - Net book value At 31 August 2022 350,000 At 31 August 2021 350,000 Land and buildings were last revalued in April 2020. 4 Debtors Trade debtors Other debtors 5 Creditors: amounts falling due within one year Trade creditors Taxation and social security costs Other creditors 6 Creditors: amounts falling due after one year Bank loans Other creditors 7 Revaluation reserve At 1 September 2021 Gain on revaluation of land and buildings At 31 August 2022	Plant and machinery etc £ 844 844 - 844 844 2022 £ 26,705 1,358 28,063 2022 £ 1,867 1,599 605 4,071 2022 £ 115,322 10,000 125,322 2022 £ 259,167 - 259,167	Total £ 350,844 350,844 - 350,844 350,844 2021 £ 33,719 - 33,719 2021 £ 3,218 3,994 1,995 9,207 2021 £ 136,511 10,000 146,511 2021 £ 159,197 99,970 259,167

Nant-Y-Cwm Steiner School Limited Notes to the Accounts for the year ended 31 August 2022

8 Other information

Nant-Y-Cwm Steiner School Limited is a private company limited by shares and incorporated in England. Its registered office is: Llanycefn Clunderwen

Pembrokeshire SA66 7QJ

Nant-Y-Cwm Steiner School Limited Detailed profit and loss account for the year ended 31 August 2022

This schedule does not form part of the statutory accounts

Sales Cost of sales Gross profit Administrative expenses Other operating income Operating profit Interest payable Profit before tax	2022 £ 287,568 (241,942) 45,626 (39,604) 4,487 10,509 (4,197) 6,312	2021 £ 224,352 (205,209) 19,143 (40,451) 25,649 4,341 (2,694) 1,647

Nant-Y-Cwm Steiner School Limited Detailed profit and loss account for the year ended 31 August 2022

This schedule does not form part of the statutory accounts

Sales Sales Cost of sales Purchases Direct labour Discounts allowed Other direct costs Administrative expenses Employee costs: Wages and salaries Staff training and welfare Travel and subsistence Premises costs: Rent Rates Waste collection Light and heat Cleaning General administrative expenses: Telephone and internet Postage Stationery and printing Subscriptions Bank charges Insurance Equipment expensed Software Repairs and maintenance Legal and professional costs: Accountancy fees Health & Safety fees Advertising and PR Other legal and professional Other operating income Government grants Other operating income	2022 £ 287,568 8,602 215,132 17,158 1,050 241,942 2,210 826 689 3,725 583 1,343 681 3,880 425 6,912 1,326 161 1,040 4,037 720 7,183 199 319 4,891 19,876 6,077 2,199 815 - 9,091 39,604 - 4,487 4,487	2021 £ 224,352 5,978 186,743 11,880 608 205,209 2,262 1,968 634 4,864 291 873 921 5,222 1,600 8,907 1,025 130 1,690 4,315 553 6,987 - 958 7,983 23,641 1,790 - 1,117 132 3,039 40,451 22,576 3,073 25,649